(VUCP) Vanguard USD Corporate Bond - Ratings and Ratios

The Vanguard USD Corporate Bond UCITS USD (XETRA:VUCP) is an ETF that tracks the Morningstar US Corp Bd TR USD index, providing exposure to USD-denominated corporate bonds. As a passively managed fund, it aims to replicate the performance of its underlying index.

With Assets Under Management (AUM) of approximately $500 million ( converted from 440.44M EUR), the fund has a moderate size, which is sufficient to maintain liquidity. The ETFs tracking error is not provided, but it is expected to be low given Vanguards reputation for tight tracking.

Analyzing the ETFs performance, we can see that it has been trending downwards, as indicated by its current price (40.42) being below its SMA20 (40.68), SMA50 (40.96), and significantly below its SMA200 (42.71). The Average True Range (ATR) of 0.24 (0.60% of the current price) suggests relatively low volatility. The 52-week high and low prices (44.92 and 40.00, respectively) indicate that the ETF has been trading within a relatively narrow range.

From a fundamental perspective, the ETFs focus on USD corporate bonds makes it an attractive option for investors seeking exposure to this asset class. The underlying index, Morningstar US Corp Bd TR USD, is a widely followed benchmark, which should provide a high degree of transparency and investability. Key Performance Indicators (KPIs) such as yield, duration, and credit quality would be essential in evaluating the ETFs potential returns and risks.

To further assess the ETFs attractiveness, we can consider additional KPIs such as the expense ratio, trading volume, and bid-ask spread. Vanguard is known for its low-cost structure, so its likely that the expense ratio is relatively low. However, the actual values of these KPIs would require further research to determine the ETFs overall value proposition.