(AME6) Amundi Index Solutions - Ratings and Ratios

The Amundi STOXX EUROPE600 ESG UCITS ETF DR EUR (C) is an exchange-traded fund listed on XETRA, categorized under Europe Large-Cap Blend Equity. With Assets Under Management (AUM) of approximately €1.13 billion, it is a sizable investment vehicle.

This ETF tracks the STOXX Europe 600 ESG index, which comprises 600 large, mid, and small-cap stocks from 17 European countries, with a focus on Environmental, Social, and Governance (ESG) criteria. The funds investment objective is to provide investors with exposure to a broad range of European equities while adhering to ESG principles.

Key economic drivers for this ETF include the overall performance of European equities, influenced by factors such as GDP growth, interest rates, and corporate earnings. The ESG aspect is increasingly important, as investors prioritize sustainability and responsible investing. The funds performance can be measured using KPIs such as tracking error, which indicates how closely the ETF follows its underlying index, and the expense ratio, which reflects the funds operational costs.

The ETFs price movement is also influenced by market volatility, as indicated by its Average True Range (ATR) of 0.79, representing a 0.57% daily price range. The funds liquidity, with an average trading volume of 2860 shares, is relatively moderate, and its beta of 0.000 suggests a negligible systematic risk relative to the broader market.

To evaluate the ETFs performance, investors can consider metrics such as returns relative to its benchmark, dividend yield, and the overall ESG score of its holdings. By analyzing these factors, investors can make informed decisions about their investment in the Amundi STOXX EUROPE600 ESG UCITS ETF.