(X03B) Xtrackers II Eurozone - Ratings and Ratios

The Xtrackers II Eurozone Government Bond 1-3 UCITS ETF 1D is a short-term government bond ETF listed on XETRA, tracking the Morningstar EZN1-3 Yr Tsy Bd GR EUR index. It provides investors with exposure to a diversified portfolio of Eurozone government bonds with maturities between 1 and 3 years.

As a Trading Analyst, key performance indicators (KPIs) for this ETF include its yield, duration, and credit quality. Given its short-term nature, the ETFs duration is likely to be around 2 years, making it relatively insensitive to interest rate changes. The credit quality is expected to be high, as it invests in Eurozone government bonds, which are generally considered to be low-risk.

The ETFs assets under management (AUM) stand at €1.1 billion, indicating a moderate level of liquidity. Its tracking error, which measures the deviation of the ETFs returns from its benchmark index, is not explicitly stated, but it is likely to be low given the ETFs design and the liquidity of the underlying bonds.

From a trading perspective, the ETFs liquidity and volatility profile are important considerations. With an average true range (ATR) of 0.13, representing a daily price movement of 0.08%, the ETFs volatility is relatively low. The ETFs price is currently near its 52-week high, suggesting a stable and potentially bullish trend.

Overall, the Xtrackers II Eurozone Government Bond 1-3 UCITS ETF 1D is a low-risk investment option that provides exposure to short-term Eurozone government bonds. Its KPIs, including yield, duration, and credit quality, make it an attractive option for investors seeking to manage their interest rate risk and maintain liquidity.