(IS0Y) iShares Euro Corporate Bond - Ratings and Ratios

The iShares Euro Corporate Bond Interest Rate Hedged UCITS ETF (Ticker: IS0Y) is a fixed income investment fund listed on XETRA. It tracks the performance of the Bloomberg Euro Corporate TR EUR Index, focusing on euro-denominated corporate bonds with interest rate risk hedged. The fund is designed to mitigate exposure to interest rate fluctuations, appealing to investors seeking stable returns from high-quality corporate debt.

From a technical perspective, IS0Y exhibits near-term stability with its SMA20 at 98.57, slightly below its last price of 98.63. The SMA50 and SMA200 at 98.13 and 96.23, respectively, indicate moderate long-term undervaluation. A low ATR of 0.21 signals muted volatility, suggesting the ETF is suitable for risk-averse investors. Average 20-day volume of 1092 underscores moderate liquidity.

Fundamentally, the ETF manages an AUM of 235.75M EUR, reflecting its established presence in the market. Its interest rate hedging strategy aligns with current low-rate environments, making it attractive for income-focused portfolios. The funds structure ensures diversification across corporate issuers, enhancing credit risk management.

3-Month Forecast: Based on technical and fundamental analysis, IS0Y is expected to trade sideways to slightly upward, with a target range of 98.50 to 99.50. Support is anticipated at 98.00, while resistance may emerge near 100.00. The low ATR suggests volatility will remain constrained, with potential for modest capital appreciation as the funds valuation aligns with its SMA200.