(TSWE) VanEck Sustainable World - Ratings and Ratios

The VanEck Sustainable World Equal Weight UCITS ETF (AS:TSWE) is a globally diversified equity ETF that tracks the Morningstar Global TME NR USD index, providing investors with exposure to a broad range of large-cap companies worldwide. The fund is managed by VanEck, a renowned asset management company with a strong track record in ETF management.

With its focus on sustainable investing, TSWE offers a unique blend of financial returns and environmental, social, and governance (ESG) considerations. The funds equal weighting approach ensures that no single stock dominates the portfolio, reducing concentration risk and promoting a more balanced investment profile.

Analyzing the , we observe that the ETFs price is currently at $33.11, slightly below its 20-day Simple Moving Average (SMA) of $33.66. The 50-day SMA stands at $32.72, indicating a potential support level, while the 200-day SMA is at $33.14, suggesting a longer-term trend. The Average True Range (ATR) is $0.34, representing a daily price volatility of 1.04%. Given these indicators, we can anticipate a potential price movement within the range of $32.72 to $35.70, with $28.72 being a critical support level.

From a perspective, the funds Assets Under Management (AUM) stand at €919.87M, indicating a reasonable level of investor interest and liquidity. Combining this with the technical analysis, we forecast that TSWE may experience a moderate price increase in the short term, driven by its sustainable investing theme and the overall market trend. If the ETF can break through the $33.66 resistance level, it may target the 52-week high of $35.70. Conversely, a decline below $32.72 could signal a correction, potentially down to $28.72.

Based on our analysis, investors may consider TSWE as a viable option for their globally diversified equity portfolios, given its sustainable investing focus and relatively stable technical indicators. However, it is essential to monitor the funds performance and adjust investment decisions accordingly.