(PR1J) Amundi Prime Japan DR (D) - Ratings and Ratios

The Amundi Prime Japan UCITS ETF DR (D) is an exchange-traded fund (ETF) listed on XETRA, tracking the Morningstar Japan TME NR JPY index. As a Japan Large-Cap Blend Equity ETF, it provides diversified exposure to the Japanese equity market, focusing on large-cap stocks.

With Assets Under Management (AUM) of approximately €177.46 billion, this ETF is one of the larger players in the Japan Large-Cap Blend Equity category, suggesting a high level of investor confidence and liquidity. The funds size can contribute to lower expense ratios and tighter bid-ask spreads, making it an attractive option for investors seeking to gain exposure to the Japanese market.

To further evaluate the ETFs performance, key metrics such as tracking error, expense ratio, and dividend yield should be considered. A low tracking error would indicate that the ETF is effectively replicating the performance of its underlying index. The expense ratio, which represents the funds operating expenses as a percentage of its AUM, is crucial in assessing the cost-efficiency of the investment. Additionally, the dividend yield can provide insights into the income generated by the ETF, which is particularly relevant for income-focused investors.

From a quantitative perspective, analyzing the ETFs historical returns, Sharpe ratio, and beta can offer valuable insights into its risk-adjusted performance and volatility relative to the broader market. The Sharpe ratio, in particular, can help investors understand the ETFs excess returns relative to its risk, while the beta can provide insights into its systematic risk. By examining these KPIs, investors can make more informed decisions about the suitability of the Amundi Prime Japan UCITS ETF DR (D) for their investment portfolios.