(EXS2) iShares TecDAX (DE) - Ratings and Ratios

The iShares TecDAX® UCITS ETF (DE), listed under the ticker symbol EXS2 on the XETRA exchange, is designed to track the performance of the Morningstar Germany TME NR EUR Index. This ETF provides exposure to a basket of German equities, focusing on technology-related sectors. The fund is structured as a UCITS-compliant ETF, ensuring transparency and regulatory compliance for investors seeking access to the German technology sector.

From a technical perspective, the ETF has shown a steady upward trend, with its last price of 32.65 EUR exceeding its 20-day SMA of 30.65 and 50-day SMA of 32.16. The 200-day SMA stands at 30.86, indicating sustained growth over the longer term. The Average True Range (ATR) of 0.73 reflects moderate volatility, while the average daily trading volume of 17,567 shares suggests consistent liquidity.

The fund has amassed assets under management (AUM) of 773.46 million EUR, underscoring its popularity among investors seeking targeted exposure to the German technology sector. This scale provides economies of scale, typically leading to lower expense ratios and tighter tracking error relative to its benchmark.

Based on the convergence of and , the ETF is expected to maintain its upward trajectory in the near term, supported by the indexs underlying strength and the funds efficient tracking. The relatively low ATR suggests that price movements will remain stable, with potential for incremental gains as the broader technology sector continues to grow.