(HSPX) HSBC SP500 USD - Ratings and Ratios

The HSBC S&P500 UCITS ETF USD (HSPX) is an exchange-traded fund that tracks the Morningstar US Large-Mid NR USD index, providing investors with exposure to the US large-cap equity market. As a UCITS-compliant ETF, it is designed to be a diversified and transparent investment vehicle.

With Assets Under Management (AUM) of approximately $7.22 billion USD, HSPX has a significant presence in the ETF market. The funds size and liquidity make it an attractive option for investors seeking to gain exposure to the US large-cap market.

To evaluate the performance of HSPX, key performance indicators (KPIs) such as tracking error, expense ratio, and dividend yield can be considered. A low tracking error indicates that the fund is effectively replicating the performance of its underlying index. The expense ratio, which represents the funds operating costs, is also an important consideration, as it can impact the overall returns generated by the fund.

From a technical analysis perspective, the funds price action can be evaluated using various indicators. While the provided technical data indicates a positive short-term trend, with the last price above its 20-day, 50-day, and 200-day simple moving averages (SMA), further analysis of other technical indicators such as Relative Strength Index (RSI), Bollinger Bands, or Moving Average Convergence Divergence (MACD) could provide additional insights into the funds momentum and potential future price movements.

In terms of investment strategy, HSPX can be used as a core holding in a diversified portfolio, providing broad exposure to the US large-cap market. Investors can also consider using the fund as a tactical allocation tool, adjusting their exposure to the US market based on their macroeconomic views or other investment considerations.