(DELF) L&G Europe Equity - Ratings and Ratios

The L&G Europe Equity (Responsible Exclusions) UCITS ETF is a Europe Large-Cap Blend Equity ETF listed on XETRA with the ticker symbol DELF. It tracks the Morningstar DM Eur TME NR EUR index, providing investors with exposure to a diversified portfolio of European equities.

From a technical analysis perspective, the ETFs price is currently at 16.76 EUR, slightly below its short-term moving averages (SMA20: 16.87, SMA50: 16.86), indicating a potential short-term bearish trend. However, the long-term SMA200 (16.33) is below the current price, suggesting an overall bullish trend. The Average True Range (ATR) is 0.12, representing a relatively low volatility of 0.72%. The ETFs 52-week high and low are 17.41 and 14.59, respectively, indicating a moderate price range.

To further evaluate the ETFs performance, we can consider additional KPIs such as tracking error, expense ratio, and dividend yield. A low tracking error would indicate that the ETF is effectively replicating the underlying index. The expense ratio, which is not provided, is also crucial in determining the ETFs net returns. A dividend yield analysis would provide insights into the ETFs income generation potential. With an AUM of 729.27M EUR, the ETF has a significant asset base, which can contribute to liquidity and economies of scale.

To make an informed investment decision, its essential to assess the ETFs underlying holdings, sector allocation, and risk profile. The Morningstar DM Eur TME NR EUR index likely comprises a diversified mix of European large-cap stocks, potentially with a tilt towards companies with strong ESG profiles due to the ETFs Responsible Exclusions mandate. A detailed analysis of the ETFs holdings and sector allocation would help investors understand its potential risks and opportunities.