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409820

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    13820.8953$
  • Previous Close
    13811.6955$
  • 52 Week Change
    --
  • Day Range
    9.20$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

409820.KO represents the KODEX KOFR Interest Rate Active ETF, an exchange-traded fund listed on the Korea Exchange (KRX). This ETF aims to generate returns similar to the Korea Overnight Financing Rate (KOFR), a benchmark interest rate reflecting the average rate of overnight repurchase agreements transacted in the Korean market. It provides investors with exposure to the Korean short-term money market and is often used as a tool for managing cash positions or hedging against interest rate fluctuations.
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Factors

Underlying Index Performance: Tracks KOSPI 200; index's gains/losses directly impact ETF's value.

Supply and Demand: High demand pushes price up; increased supply lowers price.

Market Sentiment: Overall investor confidence affects trading and ETF valuation.

Dividend Distributions: Payments can influence investor appeal and pricing dynamics.

Economic Conditions: Macroeconomic factors like inflation, interest rates impact KOSPI 200 companies.

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