(SC0H) Invesco MSCI USA EUR - Ratings and Ratios

The Invesco MSCI USA UCITS ETF (XETRA: SC0H) is designed to replicate the performance of the MSCI USA Total Return (Net) Index, a market-capitalization-weighted index that tracks the equity market performance of the United States. This index is free-float adjusted, meaning it only considers the shares available for public trading, and it includes 612 constituents across 10 industry sectors, providing broad exposure to the U.S. market.

As a UCITS-compliant ETF domiciled in Ireland, this fund is structured to meet the regulatory requirements of European investors, offering transparency and liquidity. It is listed on XETRA, a major European exchange, and has a significant assets under management (AUM) of 4631.71M EUR, indicating a sizable and actively traded fund. The fund’s reference index, the Morningstar US Large-Mid NR USD, focuses on large- and mid-cap companies, which are typically more stable and established compared to smaller-cap firms.

Investors should note that this ETF does not directly hold individual stocks but rather tracks the performance of the underlying index. The fund’s efficiency in tracking the index is a critical factor for investors seeking low deviation from the benchmark. With no explicit P/E, P/B, or P/S ratios provided, investors should focus on the index’s inherent characteristics, such as its market-capitalization weighting and sector diversification, to assess its potential alignment with their investment objectives.

For fund managers and institutional investors, the ETF’s liquidity and tracking accuracy are key considerations. The fund’s real-time index calculation in U.S. dollars ensures timely reflection of market movements, though currency fluctuations between the USD and EUR may impact returns for European investors. Additionally, the fund’s expense ratio and tracking error are essential metrics to evaluate its cost-effectiveness and operational efficiency.

Further details about the fund, including its full holdings, historical performance, and operational disclosures, can be found on Invesco’s dedicated ETF website: https://etf.invesco.com/.