(FRNH) Amundi Index Solutions - Ratings and Ratios

The Amundi Index Solutions - Amundi Floating Rate USD Corporate ESG - UCITS ETF DR - HEDGED EUR (C) is an exchange-traded fund (ETF) listed on the XETRA exchange with the ticker symbol FRNH. It is categorized under Other Bond ETFs and originates from Germany.

This ETF tracks a portfolio of floating-rate USD corporate bonds that adhere to certain Environmental, Social, and Governance (ESG) criteria. The fund is hedged to EUR, meaning it mitigates the risk associated with fluctuations in the USD/EUR exchange rate, providing a more stable return in Euros for investors. The ESG criteria suggest that the fund invests in companies that meet specific sustainability and ethical standards.

From a performance perspective, the ETF has shown stability, with its last price being close to its various Simple Moving Averages (SMA20, SMA50, SMA200), indicating a steady trend. The Average True Range (ATR) is relatively low at 0.08, translating to a 0.15% daily price movement, suggesting low volatility.

Key Performance Indicators (KPIs) that could be relevant for evaluating this ETF include its yield, duration, and ESG score. The yield would indicate the return an investor can expect, while the duration would measure the funds sensitivity to interest rate changes. The ESG score would provide insight into the funds adherence to its ESG criteria. With an Assets Under Management (AUM) of 834.01M EUR, the fund has a considerable size, potentially offering liquidity and diversification benefits to investors.

To further assess the attractiveness of this ETF, one could compare its historical returns, Sharpe ratio, and tracking error against its benchmark and peers. The Sharpe ratio would help evaluate the risk-adjusted return, while the tracking error would indicate how closely the ETF follows its underlying index. These metrics would be crucial in determining the funds efficiency and the managers ability to generate returns while minimizing risk.