(LQDA) iShares Bond USD EUR - Ratings and Ratios

The iShares $ Corp Bond UCITS ETF USD (Dist) EUR (AS:LQDA) is designed to track the Markit iBoxx USD Liquid Investment Grade Index, aiming to provide a total return that mirrors the indexs performance, including both capital and income returns. This is achieved by investing in a portfolio that closely replicates the benchmark index, comprising fixed income securities.

From a high-level perspective, this ETF is categorized under USD Corporate Bond and is domiciled in the Netherlands. It is managed by BlackRock, a renowned asset management company. The funds investment strategy is centered around replicating the performance of its benchmark index, which suggests a passive management approach.

Key Performance Indicators (KPIs) that can be used to evaluate this ETF include its tracking error, yield, duration, and credit quality. The funds Assets Under Management (AUM) stand at approximately €3823.76M, indicating a substantial presence in the market. The Morningstar US Corp Bd TR USD index serves as a relevant benchmark for evaluating the ETFs performance.

To further analyze this ETF, one could examine its sector allocation, credit rating distribution, and maturity profile. These metrics can provide insights into the funds risk profile and potential return drivers. For instance, a higher allocation to higher-yielding or lower-credit-quality bonds may indicate a more aggressive investment stance, while a longer duration may suggest greater sensitivity to interest rate changes.

From a technical analysis perspective, the ETFs price action and moving averages can be used to identify trends and potential trading opportunities. For example, the current price of 86.68 is below its 20-day and 50-day simple moving averages (SMA20 and SMA50), indicating a potential downtrend. The Average True Range (ATR) of 0.58 (or 0.67%) suggests relatively moderate volatility.