(SPXE) SPDR SP500 EUR Acc H EUR - Ratings and Ratios

The SPDR S&P500 UCITS ETF EUR Acc H EUR is an equity ETF listed in Switzerland, tracking the S&P 500 index. As an accumulating ETF, it reinvests dividends, and the EUR Acc H EUR designation indicates it hedges against currency fluctuations, providing a more stable investment in Euros.

With Assets Under Management (AUM) of approximately 1.29 billion EUR, this ETF demonstrates a significant presence in the market, suggesting liquidity and investor confidence. The S&P 500 index it tracks is a widely followed benchmark of the US stock market, comprising 500 large-cap stocks. This provides broad diversification and exposure to the US equity market.

To further evaluate this ETF, we can consider key performance indicators (KPIs) such as tracking error, expense ratio, and trading volume. A low tracking error would indicate the ETF closely follows the S&P 500 index. The expense ratio, typically around 0.09% for SPDR S&P 500 ETFs, is a crucial factor as it directly affects net returns. High trading volume is also desirable as it implies tighter bid-ask spreads and better liquidity.

From a technical analysis perspective, the ETFs price is currently at its 52-week high, indicating a strong upward trend. The short-term (SMA20), medium-term (SMA50), and long-term (SMA200) moving averages all point to an upward trajectory, suggesting a bullish market sentiment. The Average True Range (ATR) indicates relatively low volatility, which may appeal to risk-averse investors.