Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc
ISIN IE00BMQ5Y557
|Ticker TCRS
TER
0.40% p.a.
Distribution policy
Accumulating
Replication
Swap-based
Fund size
17 m
Overview
Description
The Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc seeks to track the iTraxx-CDX IG Global Credit Steepener index. The iTraxx-CDX IG Global Credit Steepener index tracks a strategy whose return is directly linked to the credit curve steepness in North American and European Investment Grade CDS markets.
Documents
Chart
Basics
Data
| Index | iTraxx-CDX IG Global Credit Steepener |
| Investment focus | Bonds, World, Corporate, 7-10, Credit derivatives |
| Fund size | GBP 17 m |
| Total expense ratio | 0.40% p.a. |
| Replication | Synthetic (Swap-based) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | EUR |
| Currency risk | Currency unhedged |
| Volatility 1 year (in GBP) | 4.48% |
| Inception/ Listing Date | 18 August 2020 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| Fund domicile | Ireland |
| Fund Provider | Tabula |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | HSBC Securities Services (Ireland) DAC |
| Investment Advisor | Tabula Investment Management Limited |
| Custodian Bank | HSBC Continental Europe, Luxembourg |
| Revision Company | Mazars |
| Fiscal Year End | 30 June |
| Swiss representative | Waystone Fund Services (Switzeland) SA |
| Swiss paying agent | Banque Cantonale de Genève |
| Germany | No tax rebate |
| Switzerland | Unknown |
| Austria | Unknown |
| UK | UK Reporting |
| Indextype | Total return index |
| Swap counterparty | - |
| Collateral manager | |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
There are currently no ETFs tracking the same index or having an identical investment focus than the Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc.
How do you like our ETF profile? Here you'll find our Questionnaire.
Performance
Returns overview
| YTD | -0.55% |
| 1 month | +0.15% |
| 3 months | -0.95% |
| 6 months | -0.20% |
| 1 year | -0.03% |
| 3 years | +8.67% |
| 5 years | - |
| Since inception (MAX) | +0.29% |
| 2023 | +3.92% |
| 2022 | +5.36% |
| 2021 | -6.50% |
| 2020 | - |
Monthly returns in a heat map
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 4.48% |
| Volatility 3 years | 6.09% |
| Volatility 5 years | - |
| Return per risk 1 year | -0.01 |
| Return per risk 3 years | 0.46 |
| Return per risk 5 years | - |
| Maximum drawdown 1 year | -2.64% |
| Maximum drawdown 3 years | -5.12% |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | -11.99% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| gettex | EUR | TCRS | - - | - - | - |
| XETRA | EUR | TCRS | TCRS GY TCRSINAV | TCRS.DE 4IZ3INAV.DE | BNP Paribas |
Further information
Further ETFs with similar investment focus
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| iShares Core EUR Corporate Bond UCITS ETF (Dist) | 10,718 | 0.20% p.a. | Distributing | Sampling |
| SPDR Bloomberg SASB U.S. Corporate ESG UCITS ETF | 6,803 | 0.15% p.a. | Accumulating | Sampling |
| iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) | 6,522 | 0.50% p.a. | Distributing | Sampling |
| iShares USD Short Duration Corporate Bond UCITS ETF (Acc) | 4,698 | 0.20% p.a. | Accumulating | Sampling |
| Amundi Index Euro Corporate SRI UCITS ETF DR (C) | 4,412 | 0.14% p.a. | Accumulating | Sampling |
Frequently asked questions
What is the name of TCRS?
The name of TCRS is Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc.
What is the ticker of Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc?
The primary ticker of Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc is TCRS.
What is the ISIN of Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc?
The ISIN of Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc is IE00BMQ5Y557.
What are the costs of Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc?
The total expense ratio (TER) of Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc amounts to 0.40% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
What's the fund size of Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc?
The fund size of Tabula Global IG Credit Curve Steepener UCITS ETF (EUR) Acc is 17m GBP. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.