Why iShares Core S&P 500 UCITS ETF USD (Acc) moves
iShares Core S&P 500 UCITS ETF USD (Acc) was roughly unchanged.
Written after the close on ·
Why today
19,725 news analyzed todayiShares Core S&P 500 UCITS ETF USD (Acc) was roughly unchanged.
It was roughly flat and moved less than DAX, which fell sharply that day.
Trading was about twice its usual level.
No company news explains the session.
Over the last five trading days the fund fell sharply while DAX was roughly unchanged.
Today's move of −0.10% was 0.2 times a normal day's 0.4%. DAX moved −1.92% on the same day.
iShares Core S&P 500 UCITS ETF USD (Acc) −0.10%DAX −1.92%Much stronger than the market
What followed similar falls?
Including reinvested dividends, iShares Core S&P 500 UCITS ETF USD (Acc) fell 2.1% over the latest five trading days. Since November 7, 2016, falls at least this large were followed by a higher value 21 trading days later in 38 out of 54 non-overlapping periods. The median was +1.5%, against +1.6% for an ordinary 21-day period, which ended higher 67 times in 100.
Such a fall has not said much about the next month.
+1.5% · 38/54
10,000 EUR in iShares Core S&P 500 UCITS ETF USD (Acc) bought on November 7, 2016 is worth 39,600 EUR today, with dividends reinvested.
The same amount in DAX with dividends would have become 24,700 EUR.
What would 10,000 EUR in iShares Core S&P 500 UCITS ETF USD (Acc) be worth today? →
What would 10,000 EUR in iShares Core S&P 500 UCITS ETF USD (Acc) be worth today?
39,600 EUR
with dividends reinvested, bought on November 7, 2016. The same amount in DAX with dividends would have become 24,700 EUR.
The five biggest days of the journey
· +8.6% · the whole market rose 11.0% the same day
· −8.0% · the whole market fell 12.2% the same day
· −6.6% · the whole market fell 7.9% the same day
· −6.4% · the whole market fell 2.1% the same day
· −5.5% · the whole market fell 3.0% the same day
Earlier days
−2.51% market −0.43% iShares Core S&P 500 ETF fell without a company-news explanation. Read →
iShares Core S&P 500 ETF fell without a company-news explanation.
The ETF fell very sharply in the last session, while the DAX fell only slightly, so it moved well beyond the market.
No company news explains the drop.
An exchange-traded fund (ETF) is a fund that trades like a share and tracks an index, here the S&P 500 of large US companies.
Such a move is likely driven by broad US market selling or currency swings rather than anything specific to the fund.
+1.12% market +2.22% iShares Core S&P 500 UCITS ETF USD (Acc) rose. Read →
iShares Core S&P 500 UCITS ETF USD (Acc) rose.
The move was smaller than the DAX, the German market index, which also rose over the same day.
Over the last five trading days the fund fell clearly while the DAX rose clearly, so it moved against the market.
The fund's latest price sits near its highest level of the past year, reached in mid October, and far above its low in late March.
Likely drivers are wider US market sentiment and fund flows, meaning money moving into or out of the fund.
−1.53% market −0.78% iShares Core S&P 500 UCITS ETF USD (Acc) fell. Read →
iShares Core S&P 500 UCITS ETF USD (Acc) fell.
Last session it fell very sharply, about four times a normal day's swing, a move seen roughly eleven times in the past year.
Over the same day the German DAX also fell clearly, so the fund moved more than the market.
There has been no company news about this fund, so the drop likely reflects broader market selling and US market moves.
Trading volume was well below its usual level, which means fewer buyers and sellers than normal.
−0.46% market +2.53% iShares Core S&P 500 UCITS ETF USD (Acc) on Xetra fell slightly over the last five trading days, moving against a clearly rising DAX. Read →
iShares Core S&P 500 UCITS ETF USD (Acc) on Xetra fell slightly over the last five trading days, moving against a clearly rising DAX.
There was no news about iShares Core S&P 500 UCITS ETF USD (Acc) in this period, so the market context is the main guide.
The fund is a basket of US large companies, so it tracks the wider US market, and its price also depends on the currency it is quoted in.
The last session saw a very sharp fall, about four times a normal day, and the DAX fell clearly the same day, so the fund moved more than the market.
+0.98% market +0.71% iShares Core S&P 500 UCITS ETF USD (Acc) rose. Read →
iShares Core S&P 500 UCITS ETF USD (Acc) rose.
Over the last five trading days it rose clearly, while the German DAX rose only slightly.
In the last session it rose sharply, moving in line with the DAX's slight gain.
There has been no company news about this fund in the past two weeks.
Its latest close is near its highest level of the past year, reached in mid October.
−0.37% market −1.72% iShares Core S&P 500 UCITS ETF USD (Acc) fell slightly over the last five trading days. Read →
iShares Core S&P 500 UCITS ETF USD (Acc) fell slightly over the last five trading days.
There was no company news for this fund in the period.
The DAX fell clearly over the same days, so the fund moved less than the market.
The fund's latest close is near its highest level of the past year, which was in mid October.
−0.91% market −1.07% iShares S&P 500 ETF fell sharply; no company news explains it. iShares Core S&P 500 UCITS ETF USD (Acc), a fund tracking the US S&P 500 index, fell sharply in the last session on Xetra. Read →
iShares S&P 500 ETF fell sharply; no company news explains it. iShares Core S&P 500 UCITS ETF USD (Acc), a fund tracking the US S&P 500 index, fell sharply in the last session on Xetra.
The DAX fell clearly the same day, so the move mostly matched the broader market.
Trading volume was about twice a normal session, a sign of heavy activity.
No company news explains the drop.
Over the last five trading days the ETF fell slightly while the DAX was roughly unchanged.