(XCSI) Xtrackers CSI500 Swap 1C - Ratings and Ratios

The Xtrackers CSI500 Swap ETF 1C USD EUR (XETRA:XCSI) is a swap-based exchange-traded fund designed to track the performance of the Morningstar China TME NR USD Index. Listed on XETRA under the ticker symbol XCSI, this ETF provides investors with exposure to Chinese equities through derivative instruments, allowing for synthetic replication of the underlying index without direct investment in the securities. The fund is managed by DWS and is categorized under China Equity ETFs, with a total assets under management (AUM) of 180.07M EUR as of the latest data.

From a technical perspective, the ETF has shown moderate trading activity, with an average 20-day volume of 1923 shares. The last price recorded was 31.00, with key moving averages indicating a mixed trend. The 20-day SMA stands at 31.42, slightly above the current price, while the 50-day SMA is at 31.29, suggesting short-term consolidation. The 200-day SMA of 29.19 indicates a longer-term bullish trend. Volatility, as measured by the ATR, is relatively low at 0.35, reflecting stable price movements.

Based on the provided data, the 3-month forecast suggests the ETF may experience range-bound trading. The convergence of the 20-day and 50-day SMAs near current price levels indicates potential resistance, while the 200-day SMA provides a floor. With AUM stable and moderate volume, the fund is likely to maintain its current trajectory, barring significant shifts in market sentiment or macroeconomic conditions. However, the ETFs performance remains closely tied to the Morningstar China TME NR USD Index, which is subject to risks associated with Chinese equity markets, including regulatory changes and geopolitical developments.