(XEN) iShares Jantzi Social Index - Ratings and Ratios

The iShares Jantzi Social Index ETF (XEN) is designed to provide long-term capital growth by tracking the performance of the Jantzi Social Index, a benchmark focused on socially responsible Canadian equities. Managed by BlackRock, XEN invests primarily in Canadian stocks across various sectors, emphasizing companies that meet specific environmental, social, and governance (ESG) criteria. The fund is structured as a passively managed ETF, aiming to replicate the indexs returns net of expenses. It is listed on the Toronto Stock Exchange (TO) under the ticker symbol XEN.

From a technical standpoint, XEN is currently trading below its 20-day and 50-day simple moving averages (SMA), which are 38.46 and 37.81, respectively. This indicates potential short-term downward pressure. However, the 200-day SMA of 35.41 suggests that the fund has shown resilience over the longer term. The Average True Range (ATR) of 0.32 reflects relatively low volatility, indicating stable price movements. With an average trading volume of 2,376 shares over the past 20 days, liquidity is moderate but not robust. The funds assets under management (AUM) of 125.69 million CAD highlight its moderate size within the Canadian ETF market.

Over the next three months, XENs price is expected to remain range-bound between 36.50 and 38.50 CAD, influenced by its current position relative to key moving averages. The fund may face resistance at the 38.46 level (20-day SMA) and support at the 35.41 level (200-day SMA). Continued strength in the Canadian equity market, particularly in ESG-focused sectors, could drive modest upside. However, low trading volume may amplify price fluctuations in response to broader market movements.