EL4X.DE is trading at €55.84, up 3.31%, in line with a broader European rally following the US midterm results.
- Germany’s DAX and other major European indices rose as markets reacted to the results; lower oil prices, softer bond yields and strong corporate earnings also supported German shares.
- The ETF tracks 25 high-dividend German equities, with substantial bank and industrial holdings that may have helped.
- Available reports do not identify a single ETF-specific catalyst for its larger move.