(ETL2) L&G Longer Dated All - Ratings and Ratios

The L&G Longer Dated All Commodities UCITS ETF (XETRA:ETL2) is a commodities ETF listed on the XETRA exchange, originating from Germany. It provides broad exposure to various commodities, allowing investors to diversify their portfolios.

To evaluate the ETFs performance, we can analyze its price movements and trends. Although the current price is 20.79, its below its short-term and long-term moving averages (SMA20: 21.20, SMA50: 21.18, SMA200: 21.72), indicating a potential downtrend. The Average True Range (ATR) is 0.21, representing a 1.02% daily volatility, which is relatively moderate.

From a fundamental perspective, the ETF has an Assets Under Management (AUM) of 426.76M EUR, indicating a moderate level of investor interest. To further assess its attractiveness, we can consider additional KPIs such as the ETFs tracking error, expense ratio, and commodity composition. A lower tracking error and expense ratio would be desirable, as they indicate the ETFs ability to accurately replicate the underlying commodity index while minimizing costs.

To make a more informed investment decision, its essential to examine the ETFs commodity composition, including the types of commodities it holds (e.g., energy, metals, agriculture) and their respective weightings. This information can help investors understand the ETFs potential exposure to specific commodity markets and associated risks. Additionally, analyzing the ETFs historical performance during different market conditions can provide insights into its potential resilience and diversification benefits.

Some key performance indicators (KPIs) to monitor for this ETF include: the commodity price index it tracks, the roll yield (as its a longer-dated ETF), and the ETFs liquidity. These metrics can help investors better understand the ETFs behavior and potential risks, ultimately informing their investment decisions.