(ZGLDHE) ZKB Gold AAH EUR - Ratings and Ratios

The ZKB Gold ETF AAH EUR is a commodity ETF that invests solely in physical gold, offering a direct reflection of golds value. With a unique feature allowing investors to request the sale of their units or receive physical gold, it provides a flexible investment option. The ETF is listed on the SWX Swiss Exchange, ensuring daily trading and transparent market data.

From a performance perspective, the ETFs price movement is closely tied to the value of gold. With a current price of 1655.40 EUR, it is below its 20-day and 50-day simple moving averages (SMA20: 1690.17, SMA50: 1676.15), indicating a potential short-term downtrend. However, the 200-day SMA (1481.86) suggests a longer-term uptrend. The Average True Range (ATR) of 19.55 (1.18%) indicates moderate volatility.

Key Performance Indicators (KPIs) for the ZKB Gold ETF include its Assets Under Management (AUM) of 779.72M EUR, indicating a sizable investment base. The ETFs trading liquidity is also a crucial KPI, as it is listed on a major exchange and trades daily. Other relevant KPIs include the ETFs tracking error, expense ratio, and gold holdings purity and storage details, which are not provided but are essential for investors to evaluate.

Investors should consider the ZKB Gold ETF as a potential hedge against inflation, currency fluctuations, or market downturns, given golds traditional safe-haven status. The ETFs structure, allowing for physical delivery, may appeal to investors seeking direct exposure to gold. However, investors must weigh the benefits against the ETFs costs, including management fees and any premiums or discounts to the net asset value.