(D6RT) Deka MSCI Germany Climate - Ratings and Ratios

The Deka MSCI Germany Climate Change ESG UCITS ETF is an exchange-traded fund that tracks the Morningstar Germany TME NR EUR index, providing investors with exposure to German equities while incorporating environmental, social, and governance (ESG) considerations and a climate change focus.

As a Germany Equity ETF, it is designed to capture the performance of the German market, which is known for its strong industrial and manufacturing sectors. The funds ESG and climate change orientation suggests that it may be overweight in companies with strong sustainability profiles and underweight in those with high carbon footprints or other ESG concerns.

To evaluate the funds performance, key performance indicators (KPIs) such as tracking error, information ratio, and ESG scores can be used. A low tracking error would indicate that the fund is closely following its benchmark index, while a high information ratio would suggest that the fund is generating excess returns relative to its benchmark. The funds ESG scores can provide insight into its overall sustainability profile and potential for long-term outperformance.

With an AUM of €214.41M, the fund has a moderate size, which can provide a balance between liquidity and investment capacity. Investors may also consider the funds expense ratio, trading volume, and bid-ask spread as additional KPIs to assess its overall cost and tradability.

From a technical analysis perspective, the funds price action and moving averages can provide insight into its short-term and long-term trends. The fact that the funds price is above its 50-day and 200-day moving averages suggests a positive trend, but the proximity to its 52-week high may indicate a potential for consolidation or correction.