(SADA) Amundi Index Solutions - Ratings and Ratios

The Amundi Index MSCI EM Asia SRI PAB UCITS ETF DR USD (D) is an exchange-traded fund (ETF) listed on the XETRA exchange with the ticker symbol SADA. It is designed to track the Morningstar Asia xJpn TME NR USD index, providing exposure to Asia ex-Japan equity markets with a focus on sustainable and responsible investing (SRI) and meeting the Paris-Aligned Benchmark (PAB) criteria.

From a technical analysis perspective, the ETF has demonstrated a positive trend, with its last price of $35.20 exceeding both its 20-day and 50-day simple moving averages (SMA20 and SMA50) of $34.64 and $33.99, respectively. The Average True Range (ATR) indicates a relatively low volatility of 0.70%, suggesting stable price movements. The funds price is closer to its 52-week high of $36.34 than its low of $27.85, indicating a strong performance over the past year.

Key Performance Indicators (KPIs) such as the expense ratio, tracking error, and dividend yield are crucial for a comprehensive evaluation. Although not directly provided, its known that Amundis ETFs are generally characterized by competitive expense ratios. For instance, the expense ratio for this ETF is likely to be below 0.50%, which is relatively low for an actively managed or themed ETF, though the exact figure should be verified. The tracking error, which measures the deviation of the ETFs returns from its benchmark index, is another important metric; a lower tracking error indicates a more accurate replication of the index. Additionally, the dividend yield, which can be an attractive feature for income-seeking investors, would be an essential KPI to examine.

With Assets Under Management (AUM) of €196.99 million, the ETF has achieved a reasonable scale, which can contribute to lower costs for investors due to economies of scale. However, the liquidity of the ETF, measured by its average daily trading volume, is another critical factor that affects its attractiveness, as higher liquidity typically results in tighter bid-ask spreads and lower trading costs.

To make an informed investment decision, its essential to assess the ETFs underlying index, the Morningstar Asia xJpn TME NR USD, in terms of its constituent stocks, sectoral allocation, and overall risk profile. The SRI and PAB criteria imply a tilt towards companies with strong environmental, social, and governance (ESG) practices, which can be appealing to investors seeking sustainable investments. Evaluating the ETFs historical performance, risk-adjusted returns, and comparison with peers within the Asia ex-Japan Equity category would provide further insights into its potential as a viable investment option.