(XYPL) Xtrackers EUR Corporate - Ratings and Ratios

The Xtrackers iBoxx EUR Corporate Bond Yield Plus UCITS ETF 1C (XETRA: XYPL) is an exchange-traded fund that tracks the Morningstar EZN Corp Bd GR EUR index, providing exposure to European corporate bonds denominated in EUR. As a EUR Corporate Bond ETF, it is designed to offer investors a diversified portfolio of high-yielding corporate bonds.

With Assets Under Management (AUM) of approximately €443.28 million, the fund has a significant presence in the market. To evaluate its performance, we can look at key metrics such as yield, duration, and credit quality. Although the exact yield is not provided, we can infer that its a Yield Plus ETF, suggesting a focus on higher-yielding bonds. Typically, such ETFs have a duration of around 4-6 years and a credit quality that is predominantly investment-grade, but with a potential tilt towards higher-yielding, lower-credit-quality bonds.

From a technical analysis perspective, the ETFs price is currently at €9.89, with short-term moving averages (SMA20: €9.84, SMA50: €9.80) indicating a positive trend. The longer-term SMA200 (€9.67) also supports this upward trend. The Average True Range (ATR) of 0.03 (€0.30%) suggests relatively low volatility. To further assess the ETFs attractiveness, we can examine its tracking error, expense ratio, and liquidity. A lower tracking error and expense ratio would be desirable, while sufficient liquidity is crucial for efficient trading.

To make an informed investment decision, its essential to evaluate the ETFs underlying index, the Morningstar EZN Corp Bd GR EUR. This index likely comprises a diversified basket of European corporate bonds with a specific selection criteria, such as credit rating, yield, and maturity. Understanding the indexs composition and rebalancing methodology can provide insights into the ETFs potential performance and risk profile.