(VDXX) Vanguard Funds Public - Ratings and Ratios

The Vanguard Dax UCITS ETF is designed to replicate the performance of the Morningstar Germany TME NR EUR Index, which comprises the 30 largest German blue-chip stocks listed on the Frankfurt Stock Exchange, providing investors with broad exposure to the German equity market.

As a Germany Equity ETF, VDXX offers a diversified portfolio of prominent German companies, allowing investors to tap into the countrys economic growth and stability. With Vanguards reputation for low-cost index tracking, this ETF is an attractive option for those seeking to minimize fees while maximizing returns.

Analyzing the available data, we can observe that the ETFs price is currently at 34.82 EUR, with a relatively stable trend indicated by the convergence of its 20-day, 50-day, and 200-day Simple Moving Averages (SMA) at 34.15 EUR. The Average True Range (ATR) of 0.43 EUR suggests moderate daily price volatility. Given the current AUM of 113.65M EUR, the fund appears to have a stable asset base.

Based on the technical and fundamental data, a forecast for VDXX can be made. With the ETF trading near its 52-week high and the SMA indicators suggesting stability, we can anticipate a potential breakout or consolidation phase. If the DAX index continues to perform well, driven by the underlying German blue-chip stocks, VDXX is likely to follow suit. Assuming a moderate growth scenario, a potential price target for VDXX could be around 36.50 EUR, representing a 4.8% increase from the current price. However, this forecast is contingent upon the overall market conditions and the performance of the underlying index.

Investors considering VDXX should monitor the ETFs tracking error, fees, and the overall performance of the German equity market to make informed decisions. It is essential to evaluate the funds prospectus and other relevant documents to understand the investment objectives, risks, and costs associated with this ETF.