(SP20) iShares SP500 Top 20 USD - Ratings and Ratios

The iShares S&P500 Top20 UCITS ETF USD Acc (AS:SP20) is an exchange-traded fund that tracks the Morningstar US Large-Mid NR USD index, providing investors with exposure to the top US large-cap stocks. As a US Large-Cap Blend Equity ETF, it is designed to capture the performance of the largest and most liquid US stocks.

With Assets Under Management (AUM) of €201.67M, the fund has a moderate size, indicating a reasonable level of liquidity. To further evaluate its performance, we can look at key metrics such as tracking error, which measures the funds ability to replicate the underlying index. A lower tracking error indicates better performance.

From a technical analysis perspective, the funds price action suggests a bullish trend, with the short-term Simple Moving Average (SMA20) at $5.24, above the longer-term SMA50 ($5.07) and SMA200 ($4.97). The Average True Range (ATR) of 0.04 (0.72%) indicates relatively low volatility. To further assess the funds risk profile, we can examine metrics such as beta, which measures the funds sensitivity to market movements, and the Sharpe ratio, which evaluates risk-adjusted returns.

In terms of investment strategy, the S&P500 Top20 index methodology focuses on the largest and most liquid US stocks, which can provide a relatively stable source of returns. To evaluate the funds potential for long-term growth, we can analyze metrics such as the price-to-earnings (P/E) ratio, dividend yield, and the funds sector allocation. These metrics can help investors understand the funds underlying drivers and potential areas of risk.