(USTP) Ossiam US Steepener 1C - Ratings and Ratios

The Ossiam US Steepener UCITS ETF1C (USD) Cap is an exchange-traded fund (ETF) listed on the XETRA exchange with the ticker symbol USTP. It is a German-based ETF that falls under the Other category, indicating its unique investment strategy.

The funds investment objective is not explicitly stated, but based on its name, US Steepener, it is likely designed to benefit from a steepening yield curve in the US. A steepening yield curve occurs when long-term interest rates rise more than short-term interest rates. This can be an indicator of economic growth or inflation expectations. The ETF may use a rules-based strategy to achieve this objective, potentially by adjusting its holdings in US Treasury securities or derivatives.

To evaluate the ETFs performance, we can consider key performance indicators (KPIs) such as tracking error, expense ratio, and yield. Although these metrics are not provided, we can infer that the ETFs assets under management (AUM) of €223.66M indicate a moderate level of investor interest. A more detailed analysis of the ETFs holdings, sector allocation, and historical performance would be necessary to determine its effectiveness in achieving its investment objective.

From a technical analysis perspective, the ETFs price is currently below its 20-day, 50-day, and 200-day simple moving averages (SMA20, SMA50, and SMA200), indicating a potential downtrend. The average true range (ATR) of 0.39 represents a relatively low level of volatility. Further analysis of the ETFs chart patterns, support and resistance levels, and trading volume would be required to identify potential trading opportunities.