(XZE5) Xtrackers II EUR Corporate - Ratings and Ratios

The Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C CHF is an exchange-traded fund that tracks the Morningstar EZN Corp Bd GR EUR index, providing exposure to short-duration EUR corporate bonds. The fund is domiciled in Switzerland and has a substantial asset base, with AUM of approximately 1.37 billion CHF.

As a corporate bond ETF, it is designed to offer a relatively stable source of returns with lower volatility compared to equity investments. The short duration aspect suggests that the fund is positioned to minimize interest rate risk, making it potentially more resilient in a rising rate environment. The SRI (Sustainable Reporting Initiative) and PAB (Paris-Aligned Benchmark) labels indicate that the fund adheres to certain environmental, social, and governance (ESG) criteria, making it suitable for investors with sustainability considerations.

To further evaluate this ETF, key performance indicators (KPIs) such as yield, duration, and credit quality can be considered. A yield comparison with other similar ETFs or the underlying index can provide insights into its income generation potential. The funds duration, while indicated as short, should be quantified to understand its sensitivity to interest rate changes. Credit quality analysis, including the proportion of investment-grade versus high-yield bonds, is crucial for assessing the funds risk profile.

From a technical analysis perspective, the ETFs price action and moving averages suggest a relatively stable trend. The SMA20 being slightly above the current price indicates a potential resistance level, while the SMA50 is very close to the current price, suggesting a balance between bullish and bearish forces. The significant gap between the SMA200 and the current price indicates a longer-term uptrend. The ATR (Average True Range) is relatively low, indicating low volatility, which is consistent with the expectation for a bond ETF.