SPDR Solactive Germany ETF (ZDEU)
SPDR Solactive Germany ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in MA, US. The stock last traded at $67.24, up 4.18% on the session, giving a market capitalisation of $29.5M. Its beta of 1.22 implies it has historically moved more than the broad market.
The fund strives to replicate the investment results of the Solactive GBS Germany Large & Mid Cap USD Index NTR. Typically, it dedicates at least 80% of its total assets to the securities comprising the index or to depositary receipts based on those same securities. This index is a free float-adjusted, market-capitalization-weighted benchmark designed to gauge the equity performance of large and medium-sized companies in Germany. Investors should note that the fund is classified as non-diversified.
SPDR Solactive Germany ETF is most often compared with the following Financial Services names: