(WFIN) SPDR MSCI World Financials - Ratings and Ratios

The SPDR® MSCI World Financials UCITS ETF USD Acc (AS:WFIN) is an exchange-traded fund (ETF) designed to track the performance of global financial services companies. It is part of the SPDR® ETF family managed by State Street Global Advisors (SSGA). The fund replicates the Morningstar Global Financial Services Total Return Net USD Index, which includes a diverse range of financial sector companies, such as banks, insurance providers, and financial services firms. The ETF is listed on the Euronext Amsterdam stock exchange and is denominated in USD.

From a technical standpoint, the ETF is currently trading at €75.66, slightly above its 20-day moving average of €75.24. The 50-day moving average stands at €73.27, while the 200-day moving average is at €65.77, indicating a general upward trend over the past year. The Average True Range (ATR) of 0.70 reflects moderate volatility. The average 20-day trading volume is 2,685 shares, suggesting limited liquidity compared to larger ETFs.

Fundamentally, the ETF has assets under management (AUM) of €260.76 million, making it a mid-sized fund in its category. Its focus on global financial services provides exposure to a sector that is sensitive to macroeconomic conditions, such as interest rate changes and economic growth. The funds expense ratio is competitive, aligning it with other sector-specific ETFs in the market.

3-Month Forecast: Based on and , the ETF is expected to maintain its upward trajectory in the near term, supported by the positive momentum indicated by its short-term moving averages. However, the flattening 50-day SMA suggests potential consolidation in the coming weeks. From a perspective, the financial services sector may benefit from rising interest rates, but risks such as slowing global economic growth could weigh on performance. Overall, the ETF is expected to trade in a narrow range between €73 and €78 over the next three months, with moderate volatility.