(WPAD) iShares MSCI World - Ratings and Ratios

The iShares MSCI World Paris-Aligned Climate UCITS ETF USD Inc (AS:WPAD) is a Netherlands-domiciled ETF designed to track the Morningstar Global TME NR USD index. This fund offers exposure to large-cap equities globally, aligning with the Paris Agreement climate goals by incorporating climate risk and opportunity metrics into its investment strategy.

From a technical perspective, WPAD is currently trading at 6.13, below its 20-day SMA of 6.39 and 50-day SMA of 6.37, while slightly above its 200-day SMA of 6.11. The ATR of 0.07 reflects low volatility in recent trading sessions. Average daily volume over the past 20 days stands at 9,542 shares.

Fundamentally, the ETF manages an AUM of $122.91 million, indicating moderate scale and liquidity. The funds focus on climate-aligned equities positions it to benefit from the global shift toward sustainable investing, though performance will remain closely tied to broader market conditions and the trajectory of large-cap global equities.

3-Month Forecast: Based on , WPAD is likely to face headwinds as it currently trades below its 20-day and 50-day SMAs, signaling bearish momentum. The tight ATR of 0.07 suggests limited near-term volatility, with potential resistance at 6.39 (20-day SMA) and support at 6.11 (200-day SMA). From a perspective, while the funds AUM reflects investor interest in climate-aligned strategies, macroeconomic factors such as central bank policies and global equity market trends will remain key drivers of performance over the next quarter.