(JREB) JPMorgan s Ireland ICAV - Ratings and Ratios

The JPMorgan ETFs Ireland ICAV - EUR Corporate Bond Research Enhanced Index ESG UCITS ETF EUR Acc is an exchange-traded fund (ETF) listed on XETRA with the ticker symbol JREB. It is designed to track the Morningstar EZN Corp Bd GR EUR index, providing exposure to EUR-denominated corporate bonds.

As an ETF in the EUR Corporate Bond category, JREB offers investors a diversified portfolio of high-quality corporate bonds with a focus on ESG (Environmental, Social, and Governance) considerations. The funds assets under management (AUM) stand at approximately €5.987 billion, indicating a significant presence in the market.

From a technical analysis perspective, JREBs price is currently at €107.15, with a 20-day simple moving average (SMA) of €106.79 and a 50-day SMA of €106.39, suggesting a positive short-term trend. The 200-day SMA at €105.20 indicates a longer-term uptrend. The average true range (ATR) is €0.24, representing a relatively low volatility of 0.22%. The funds price has reached a 52-week high of €107.15 and a low of €101.14, demonstrating a notable range.

To further evaluate JREBs performance, key performance indicators (KPIs) such as yield, duration, and credit quality can be examined. The funds yield, which is a critical metric for income-focused investors, is not explicitly stated; however, it can be inferred that the yield is likely to be in line with the overall EUR corporate bond market. The duration of the fund, which measures its sensitivity to interest rate changes, is also not provided; nonetheless, it is expected to be relatively high given the funds focus on corporate bonds. Credit quality is another essential KPI, with a higher proportion of high-quality bonds typically indicating lower default risk.

Additional KPIs that can be used to assess JREBs performance include its tracking error, expense ratio, and ESG metrics. The tracking error measures the funds ability to replicate the performance of its underlying index, while the expense ratio reflects the costs associated with managing the fund. ESG metrics, such as the funds carbon footprint or ESG rating, can provide insights into its sustainability and social responsibility profile.