(CSBGE3) iShares VII - iShares € - Ratings and Ratios

The iShares € Govt Bond 1-3yr ETF EUR Acc is an exchange-traded fund that tracks the Morningstar EZN1-3 Yr Tsy Bd GR EUR index, providing exposure to short-term European government bonds denominated in euros. With a focus on the 1-3 year maturity segment, this ETF is designed for investors seeking to manage interest rate risk and maintain liquidity.

Key performance indicators (KPIs) for this ETF include its ability to maintain a stable net asset value, given its short duration. The funds Assets Under Management (AUM) of approximately €1.9 billion indicates a reasonable level of liquidity. The ETFs tracking of a specific government bond index suggests that its returns are closely tied to the overall performance of the short-term European government bond market.

From a trading perspective, the ETFs recent price action has been relatively stable, with a 20-day simple moving average (SMA) of €114.96 and a 50-day SMA of €114.86, indicating a gentle upward trend. The Average True Range (ATR) of 0.11 (€0.13 or 0.10%) suggests low volatility, making it suitable for investors seeking to minimize exposure to market fluctuations. The ETFs 52-week high and low of €115.13 and €110.21, respectively, provide a range of its recent price performance.

Investors should consider the ETFs yield, duration, and credit quality when evaluating its potential as a component of their overall investment portfolio. While the ETFs prospectus and holdings are not detailed here, it is likely that the fund is well-diversified across various European government bonds, minimizing credit risk. As with any investment, it is essential to assess the ETFs alignment with individual investment objectives and risk tolerance.