(SMLN) Invesco JPX-Nikkei 400 - Ratings and Ratios

The Invesco JPX-Nikkei400 UCITS ETF (XETRA:SMLN) is a Japan Large-Cap Blend Equity ETF listed on the XETRA exchange, originating from Germany. It tracks the Morningstar Japan TME NR JPY index, providing investors with exposure to the Japanese large-cap equity market.

Key performance indicators (KPIs) for this ETF include its Assets Under Management (AUM) of approximately €8.67 billion, indicating a significant presence in the market. The ETFs liquidity and trading activity can be inferred from its listing on XETRA, a major European exchange, suggesting reasonable liquidity for investors.

To evaluate the ETFs performance, one can consider its tracking error relative to the Morningstar Japan TME NR JPY index. A lower tracking error would indicate that the ETF closely follows the index, while a higher tracking error might suggest deviations due to various factors such as fees, trading costs, or sampling methodology.

Investors may also be interested in the ETFs expense ratio, which is not provided in the given data. A lower expense ratio would generally be more attractive to investors as it implies lower costs. Additionally, the ETFs dividend yield and distribution policy could be important considerations for income-seeking investors.

From a risk perspective, the ETFs exposure to the Japanese equity market means it is subject to market volatility, currency fluctuations (for non-JPY investors), and sector-specific risks. Investors should assess their risk tolerance and consider diversification strategies to mitigate potential losses.