(XNJP) Xtrackers Nikkei 225 1D - Ratings and Ratios

The Xtrackers Nikkei225 UCITS ETF1D (SW:XNJP) is designed to track the Nikkei Stock Average Index, a benchmark for the Japanese stock market, comprising 225 highly liquid stocks listed on the Tokyo Stock Exchange First Section. The index is reviewed periodically to ensure it reflects the industry structure and maintains long-term continuity.

From a quantitative perspective, key performance indicators (KPIs) for this ETF include its tracking error, which measures the deviation of the ETFs returns from the underlying index. A lower tracking error indicates a more accurate replication of the index. Additionally, the ETFs expense ratio, not explicitly stated, is a crucial KPI as it directly impacts net returns. Typically, ETFs tracking established indices like the Nikkei 225 have relatively low expense ratios.

The ETFs assets under management (AUM) of approximately 190.87 billion JPY indicate a significant investor base, which can contribute to liquidity and potentially lower trading costs. The ETFs liquidity, in terms of average trading volume and bid-ask spreads, is another important consideration for investors, as it affects the ease of entering or exiting positions.

From a technical analysis standpoint, the ETFs price action, as indicated by its moving averages (SMA20, SMA50, SMA200), suggests a bullish trend, with shorter-term moving averages above longer-term ones. The Average True Range (ATR) of 25.75, or 0.62% of the last price, indicates relatively moderate volatility. Investors may also consider the ETFs 52-week high and low (4179.00 and 3282.00, respectively) to gauge its current price position within its recent trading range.

To further evaluate this ETF, investors should consider its historical performance, including returns over various periods, and compare them to the underlying index. Additionally, analyzing the sector and stock composition of the Nikkei 225 Index can provide insights into potential areas of growth or risk.