(TRDE) Invesco US Treasury Bond - Ratings and Ratios

The Invesco US Treasury Bond 7-10 Year UCITS ETF EUR Hedged Dist is an exchange-traded fund listed on the XETRA exchange with the ticker symbol TRDE. It is categorized under Other Bond ETFs and originates from Germany.

This ETF tracks the performance of US Treasury bonds with maturities between 7 and 10 years, with the currency risk hedged against the Euro. The distribution of dividends is implied by Dist in its name, suggesting it is designed to distribute income to investors rather than reinvesting it.

From a performance perspective, the ETF has shown stability with its short-term, medium-term, and long-term Simple Moving Averages (SMA20, SMA50, SMA200) closely aligned, indicating a steady trend. The Average True Range (ATR) is relatively low at 0.12, or 0.40%, suggesting low volatility. The funds Assets Under Management (AUM) stand at approximately 1.39 billion EUR, indicating a decent size and liquidity.

Key Performance Indicators (KPIs) to monitor for this ETF include its tracking error against its benchmark, the yield it distributes, and its expense ratio. A low tracking error would indicate the ETF is effectively mirroring its underlying index. The yield is crucial for income-focused investors, and the expense ratio is vital for understanding the total cost of ownership. Given its hedging against the Euro, the ETFs performance is somewhat insulated from currency fluctuations, making it a potentially stable choice for investors seeking exposure to US Treasury bonds within the 7-10 year maturity bracket.

Investors should also consider the credit quality and duration of the ETF, as these are critical in understanding the potential risks, such as interest rate risk. Since it invests in US Treasury bonds, the credit risk is minimal. However, the sensitivity to interest rate changes is significant given its duration. A rise in interest rates could lead to a decline in the ETFs NAV, and vice versa.