(ERNE) iShares Euro Ultrashort - Ratings and Ratios
Ultra-Short, Euro-Denominated, Short-Term, Government, Corporate, Bonds
Description: ERNE iShares Euro Ultrashort
The iShares Euro Ultrashort Bond UCITS ETF (ERNE) is designed to track the FTSE EUR EuroDep 3 Mon EUR Index, providing investors with exposure to a diversified portfolio of ultra-short-term European bonds. As a Netherlands-based ETF, it offers a EUR-denominated investment opportunity with a focus on short-term debt securities.
From a technical analysis perspective, ERNE is currently trading at 102.40, above its 20-day and 50-day simple moving averages (SMA20: 102.30, SMA50: 102.09), indicating a stable short-term trend. The 200-day SMA (101.15) is significantly lower, suggesting a longer-term uptrend. With an Average True Range (ATR) of 0.11 (0.10%), the ETF is experiencing relatively low volatility. Given the current price is at its 52-week high (102.40), we can expect a potential consolidation or slight pullback in the short term, potentially towards the SMA20 or SMA50 levels.
Fundamentally, the ETF has a substantial Assets Under Management (AUM) of 3198.80M EUR, indicating a high level of investor confidence and liquidity. The ultra-short-term bond focus allows for quick turnover and adaptation to changing interest rate environments, making it a potentially attractive option for investors seeking to minimize interest rate risk.
Forecasting the future performance of ERNE, we anticipate that the ETF will continue to be influenced by European central bank policies and short-term interest rate fluctuations. Given the current technical indicators and fundamental data, a potential short-term target could be a slight adjustment towards the SMA20 or SMA50, followed by a continuation of the longer-term uptrend if the macroeconomic environment remains favorable. However, a significant deviation from the current price could occur if theres a substantial change in European monetary policy or a major economic event. Therefore, close monitoring of both technical and fundamental factors is essential for making informed investment decisions.
Additional Sources for ERNE ETF
ERNE ETF Overview
Market Cap in USD | 3,755m |
Category | EUR Ultra Short-Term Bond |
TER | 0.09% |
IPO / Inception | 2013-10-16 |
ERNE ETF Ratings
Growth Rating | 67.0 |
Fundamental | - |
Dividend Rating | 42.4 |
Rel. Strength | 8.04 |
Analysts | - |
Fair Price Momentum | 99.20 EUR |
Fair Price DCF | - |
ERNE Dividends
Dividend Yield 12m | 3.40% |
Yield on Cost 5y | 3.64% |
Annual Growth 5y | 32.56% |
Payout Consistency | 30.4% |
Payout Ratio | % |
ERNE Growth Ratios
Growth Correlation 3m | 99.6% |
Growth Correlation 12m | 99.7% |
Growth Correlation 5y | 69.2% |
CAGR 5y | 1.53% |
CAGR/Max DD 5y | 1.16 |
Sharpe Ratio 12m | -2.47 |
Alpha | -1.05 |
Beta | 0.007 |
Volatility | 0.46% |
Current Volume | 2.3k |
Average Volume 20d | 3.1k |
Stop Loss | 97.6 (-3.5%) |
As of July 12, 2025, the stock is trading at EUR 101.11 with a total of 2,339 shares traded.
Over the past week, the price has changed by +0.02%, over one month by +0.25%, over three months by +0.74% and over the past year by +3.33%.
Yes. Based on ValueRay's Analyses, iShares Euro Ultrashort (AS:ERNE) is currently (July 2025) a good stock to buy. It has a ValueRay Growth Rating of 66.99 and therefor a clear technical positive rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ERNE is around 99.20 EUR . This means that ERNE is currently overvalued and has a potential downside of -1.89%.
iShares Euro Ultrashort has no consensus analysts rating.
According to our own proprietary Forecast Model, ERNE iShares Euro Ultrashort will be worth about 107.1 in July 2026. The stock is currently trading at 101.11. This means that the stock has a potential upside of +5.96%.
Issuer | Target | Up/Down from current |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 107.1 | 6% |