(DECD) Amundi DAX 50 ESG DR - Ratings and Ratios

The Amundi DAX 50 ESG UCITS ETF DR - EUR (C) (XETRA: DECD) is an exchange-traded fund designed to track the performance of the Morningstar Germany TME NR EUR Index. This index focuses on German equities that meet specific ESG (Environmental, Social, and Governance) criteria, offering investors exposure to companies with strong sustainability profiles. The fund is part of Amundis ESG-themed product range, aligning with the growing demand for responsible investment strategies.

As of the latest data, the ETF trades on XETRA under the ticker DECD, with a last price of 79.25 EUR. It has a 20-day average volume of 1,037 shares, indicating moderate trading activity. From a technical standpoint, the funds short-term trend (SMA 20: 77.80) suggests upward momentum, while its medium-term (SMA 50: 74.55) and long-term (SMA 200: 68.78) trends also show positive movement. The ATR of 0.86 reflects relatively low volatility compared to broader market indices. The funds assets under management (AUM) stand at 24.94 million EUR, a modest size that may appeal to investors seeking targeted exposure to German equities with an ESG focus.

Over the next three months, the ETF is likely to remain range-bound between 74.00 and 80.00 EUR, driven by stable German equity markets and continued interest in ESG investments. The SMA 20 crossing above the SMA 50 signals short-term strength, while the SMA 50 remaining above the SMA 200 indicates a sustained uptrend. However, the relatively low AUM and average trading volume may lead to occasional liquidity challenges, potentially widening bid-ask spreads during periods of high market volatility.