(IEXA) iShares € Bond - Ratings and Ratios

The iShares € Corp Bond ex-Financials UCITS ETF EUR (Acc) is an exchange-traded fund listed on the XETRA exchange, tracking the Morningstar EZN Corp Bd GR EUR index. This ETF is designed to provide exposure to European corporate bonds, excluding those issued by financial institutions.

With an AUM of approximately €1.13 billion, this ETF offers a sizable and liquid investment opportunity. As a corporate bond ETF, it is likely to provide a relatively stable source of returns, with a focus on income generation through coupon payments.

To further evaluate this ETF, we can consider additional key performance indicators (KPIs) such as the yield to maturity (YTM), duration, and credit quality. A lower duration indicates lower sensitivity to interest rate changes, while a higher credit quality suggests lower default risk. The ETFs tracking error and expense ratio are also important metrics to assess its efficiency and cost-effectiveness.

From a technical analysis perspective, the ETFs price action suggests a stable trend, with short-term and long-term moving averages (SMA20 and SMA200) indicating a gradual upward trajectory. The average true range (ATR) is relatively low, indicating limited price volatility.

To make an informed investment decision, it is essential to consider the ETFs underlying holdings, sector allocation, and overall market conditions. A thorough analysis of the Morningstar EZN Corp Bd GR EUR index, including its constituent bonds and their credit ratings, would provide further insights into the ETFs potential risks and rewards.