(SLMA) iShares MSCI EMU ESG - Ratings and Ratios

The iShares MSCI EMU ESG Screened UCITS ETF EUR (Acc) EUR, ticker symbol SLMA, is an exchange-traded fund (ETF) that aims to replicate the performance of the MSCI EMU ESG Screened Index, providing investors with a total return that includes both capital appreciation and income. The fund focuses on Eurozone large-cap equities while incorporating environmental, social, and governance (ESG) screening to align with sustainable investment principles.

From a quantitative perspective, key performance indicators (KPIs) for this ETF include its tracking error relative to the MSCI EMU ESG Screened Index, expense ratio, and the funds overall liquidity. Given its AUM of €1.232 billion, the fund demonstrates a reasonable scale, potentially offering liquidity and competitive pricing for investors. The ETFs ESG screening is a critical aspect, as it excludes companies that do not meet certain ESG criteria, potentially reducing exposure to companies with higher ESG risks.

Analyzing the ETFs performance, we can infer that it has shown a relatively stable trend, with its 20-day, 50-day, and 200-day simple moving averages (SMA) indicating a positive trajectory. The Average True Range (ATR) of 0.05 (or 0.54%) suggests moderate volatility. Investors may view this level of volatility as acceptable given the funds investment objective and the overall market conditions. The 52-week high and low values of 9.43 and 7.37, respectively, provide a range of the ETFs price fluctuations over the past year, further contextualizing its current price of 9.23.

To further evaluate the ETFs potential, investors should consider its correlation with other assets in their portfolios, its historical performance during different market cycles, and how it contributes to the overall diversification and ESG alignment of their investment strategy. The funds adherence to ESG principles may appeal to investors seeking to minimize their exposure to ESG-related risks, potentially enhancing long-term sustainability.