(HMXJ) HSBC MSCI Pacific ex Japan - Ratings and Ratios

The HSBC MSCI Pacific ex Japan UCITS ETF USD (SW:HMXJ) is an exchange-traded fund that tracks the Morningstar Developed APAC ex-Japan TME NR USD index, providing exposure to Pacific ex-Japan equities. As a UCITS-compliant ETF, it adheres to strict regulatory standards, making it accessible to a broad range of investors.

With Assets Under Management (AUM) of approximately $592.98 million, the fund has a considerable presence in the market. To further evaluate its performance, we can examine key metrics such as tracking error, which measures the funds ability to replicate the underlying index. A lower tracking error indicates better performance. Additionally, the funds expense ratio, which is not provided, is an essential metric to assess its cost-effectiveness.

From a technical analysis perspective, the funds price is currently at $15.48, with a 20-day Simple Moving Average (SMA) of $15.24, indicating a potential bullish trend. The 50-day SMA at $14.74 and 200-day SMA at $13.49 further support this trend, as the short-term SMAs are above the long-term SMA. The Average True Range (ATR) of 0.09 (0.57%) suggests relatively low volatility. To gain a deeper understanding, we can also examine the funds relative strength index (RSI) and Bollinger Bands to assess its momentum and potential price movements.

To make informed investment decisions, its essential to evaluate the funds underlying holdings, sector allocation, and geographic distribution. The Morningstar Developed APAC ex-Japan TME NR USD index likely comprises a diversified portfolio of stocks from developed markets in the Asia-Pacific region, excluding Japan. Analyzing the funds sector allocation can help identify areas of concentration and potential risks. Furthermore, assessing the funds dividend yield and earnings growth can provide insights into its income generation and growth potential.