(LCEU) BNP Paribas Easy Low Carbon - Ratings and Ratios

The BNP Paribas Easy Low Carbon 100 Europe PAB UCITS ETF (LCEU) is an exchange-traded fund listed on XETRA, tracking the Morningstar Developed Markets Europe TR Net EUR index. It is designed to provide exposure to large-cap European equities with a focus on low carbon emissions.

Key characteristics of this ETF include its classification as a Europe Large-Cap Blend Equity fund, indicating it holds a diversified portfolio of prominent European companies. The funds assets under management (AUM) stand at approximately €1.327 billion, suggesting a reasonable level of liquidity.

To evaluate the ETFs performance, several key performance indicators (KPIs) can be considered. These include the funds tracking error relative to its benchmark index, its expense ratio, and its carbon footprint relative to the broader market. Given its focus on low carbon emissions, investors may also be interested in metrics such as the weighted average carbon intensity (WACI) of the portfolio and the proportion of companies with a low carbon transition score.

From a technical analysis perspective, while the ETFs price is slightly below its 20-day and 50-day simple moving averages (SMA20 and SMA50), it remains above its 200-day SMA, indicating a relatively stable long-term trend. The average true range (ATR) is 2.05, or 0.80% of the current price, suggesting moderate daily price volatility. The ETFs price is also within its 52-week range, having peaked at €268.70 and troughed at €224.70.

Investors should scrutinize the ETFs holdings to ensure they align with their investment objectives, including assessing sectoral and geographic diversification, as well as the funds overall ESG (Environmental, Social, Governance) profile. Additionally, comparing the ETFs performance and costs to those of similar funds can help investors make informed decisions.