Hi guys,
At the risk of sounding stupid I'm still going to ask this question. Because if I don't asking dumb questions I might never learn.
The famous ETF IWDA which is very tech heavy (22.1% IT) and top 10 holdings are the big 7. Yet they didn't even drop after yesterdays big drop in tech (Tesla down 10%, Amazon, 3%,…) Nasdaq was down 2,2% and SP was down 0,6%.
Yet the IWDA valuation in Euro is higher then it was 48 hours ago. How is this possible?
https://www.ishares.com/nl/particuliere-belegger/nl/producten/251882/ishares-msci-world-ucits-etf-acc-fund (This is in Dutch and Euro)
I am well aware that the Euro – Dollar ratio went from 1.12 to 1.11 this time but this still doesn't seem enough to explain this priceaction.
I am just trying to learn from this situation. Thanks alot in advance
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