(ESEH) BNP Paribas Easy SP500 - Ratings and Ratios

The BNP Paribas Easy S&P500 UCITS ETF EUR H EUR (SW:ESEH) is an equity ETF that tracks the S&P 500 index, providing investors with exposure to the US stock markets largest and most liquid companies. As a UCITS-compliant ETF, it adheres to stringent regulatory standards, ensuring a high level of investor protection.

With Assets Under Management (AUM) of approximately €772.78 million, the fund has achieved a significant scale, which can contribute to lower trading costs and tighter bid-ask spreads. The ETFs price has demonstrated a relatively stable trend, with a 52-week high of €20.14 and a low of €17.93, indicating a moderate level of volatility.

From a technical analysis perspective, the ETFs price is currently above its 20-day, 50-day, and 200-day Simple Moving Averages (SMA), suggesting a positive short-term and long-term trend. The Average True Range (ATR) of 0.09 (€0.45% of the current price) indicates relatively low volatility, making it an attractive option for investors seeking to minimize exposure to market fluctuations.

To further evaluate the ETFs performance, key metrics such as the expense ratio, tracking error, and dividend yield can be considered. Although not provided, typical expense ratios for UCITS ETFs range from 0.10% to 0.30%. A low tracking error is expected, given the ETFs objective to replicate the S&P 500 index. The dividend yield would be influenced by the underlying indexs dividend payments, which have historically averaged around 2% per annum.

Investors should consider the ETFs hedging strategy, as indicated by the EUR H in its name, which suggests that the fund is hedged against currency fluctuations between the US dollar and the euro. This can be an attractive feature for euro-denominated investors seeking to minimize currency risk.