(VUCE) Vanguard USD Corporate Bond - Ratings and Ratios

The Vanguard USD Corporate Bond UCITS ETF USD Accumulation is an exchange-traded fund (ETF) listed on the XETRA exchange with the ticker symbol VUCE. It is designed to track the Morningstar US Corp Bd TR USD index, providing investors with exposure to a diversified portfolio of USD-denominated corporate bonds.

From a technical analysis perspective, the ETFs price is currently below its 20-day, 50-day, and 200-day simple moving averages (SMA), indicating a potential downtrend. The Average True Range (ATR) is 0.26, representing a relatively low volatility of 0.52%. The ETFs price has fluctuated between a 52-week high of 55.78 and a low of 49.56.

In terms of key performance indicators (KPIs), the ETFs Assets Under Management (AUM) stand at 474.05M EUR, indicating a moderate size. To further evaluate the ETFs performance, we can consider metrics such as Yield-to-Maturity (YTM), duration, and credit quality. A higher YTM may indicate a more attractive income generation, while a longer duration may increase the ETFs sensitivity to interest rate changes. The credit quality of the underlying bonds is also crucial, as it affects the ETFs default risk.

To make a more informed investment decision, it is essential to analyze the ETFs tracking error, expense ratio, and trading liquidity. A low tracking error indicates that the ETF closely follows its underlying index, while a low expense ratio reduces the overall cost of investment. Sufficient trading liquidity ensures that investors can easily buy or sell shares without significantly affecting the market price.