(JEST) JPM EUR Ultra-Short Income - Ratings and Ratios

The JPM EUR Ultra-Short Income UCITS ETF – EUR (acc) EUR, ticker symbol JEST, is an exchange-traded fund (ETF) originating from Switzerland, categorized under EUR Ultra Short-Term Bond ETFs. It tracks the FTSE EUR EuroDep3 Mon EUR index.

As a ultra-short term bond ETF, JEST is designed to provide investors with exposure to high-quality, short-term euro-denominated debt securities. Given its short duration, the fund is likely to be relatively insensitive to interest rate changes, making it a potentially attractive option for investors seeking to manage their short-term liquidity or mitigate potential losses in a rising rate environment.

Key performance indicators (KPIs) to monitor for JEST include its yield, average maturity, and credit quality. The funds yield is likely to be influenced by the prevailing eurozone interest rates and the creditworthiness of its underlying holdings. With an AUM of 962.00M EUR, JEST has a reasonable scale, which can contribute to lower expense ratios and tighter bid-ask spreads. Its tracking error against the FTSE EUR EuroDep3 Mon EUR index is another important metric to evaluate the funds effectiveness in replicating the indexs performance.

From a technical analysis perspective, JESTs price action is relatively stable, as indicated by its narrow ATR of 0.01 (0.01% of its price). The funds price is currently near its 52-week high, suggesting a strong performance over the past year. Its SMA20, SMA50, and SMA200 being closely aligned also indicates a stable trend. Investors may want to monitor these technical indicators for potential buy or sell signals.