1D·

The XEON's performance

Hello,

just started to use $XEON (+0,02%) to park some liquidity easy to "unpark" and to try to fight back the inflation.


But ne thing is making me think...how is possible that in 2022 it had 0 performance and in 2021 it has been negative?


Even if the index used for indexing decreases during the same year, it shouldn't be zero the performance for the single year.


Source of image: https://www.justetf.com/en/etf-profile.html?isin=LU0290358497#performance

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2 Comentários

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Look at the underlying interest rates: https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.nl.html Up until 2022, interest rates were negative
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So basically if BCE keeps the rate positive, you don't have anything to fear, when they go from 0.00 down, get it out.
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