(SWRD) SSGA SPDR S Europe I Public - Ratings and Ratios

The SSGA SPDR ETFS Europe I Public Limited Company - SPDR MSCI World UCITS ETF (SWRD) is a global large-cap blend equity ETF domiciled in the Netherlands. It tracks the Morningstar Global TME NR USD index, providing broad exposure to developed markets worldwide.

With Assets Under Management (AUM) of approximately €10.7 billion, SWRD is a substantial player in the global ETF market. Its size enables investors to gain diversified exposure to a broad range of stocks, potentially reducing idiosyncratic risk and increasing portfolio efficiency.

From a performance perspective, SWRD has demonstrated relatively stable price action, with a 20-day Simple Moving Average (SMA) of €36.79 and a 50-day SMA of €36.57, indicating a gentle uptrend. The Average True Range (ATR) of €0.31 (0.83%) suggests moderate daily price volatility, which may be attractive to investors seeking to balance risk and potential returns.

Key Performance Indicators (KPIs) for SWRD may include tracking error, which measures the ETFs ability to replicate the underlying index; expense ratio, which affects net returns; and dividend yield, which can contribute to total return. Investors may also consider the ETFs liquidity, as measured by average trading volume and bid-ask spread, to ensure that they can enter and exit positions efficiently.

To further evaluate SWRD, investors may analyze its sector allocation, geographic distribution, and market capitalization profile to ensure alignment with their investment objectives and risk tolerance. Additionally, they may assess the ETFs tax efficiency, as well as its compliance with relevant regulatory requirements, to minimize potential risks and optimize after-tax returns.