(QWLD) SPDR MSCI World - Ratings and Ratios

The SPDR MSCI World StrategicFactors ETF (QWLD) is a globally diversified investment vehicle that tracks an index comprising large and mid-cap stocks from 23 developed countries, focusing on value, low volatility, and quality factor strategies.

By investing at least 80% of its assets in the securities that make up the index, QWLD provides broad exposure to global equities while emphasizing specific investment factors that have historically driven returns. The funds strategy is centered around capturing the performance of value, low volatility, and quality stocks, which can help mitigate risk and enhance returns over the long term.

From a performance perspective, key metrics to consider include the funds tracking error, information ratio, and factor exposure. A low tracking error would indicate that QWLD is effectively mirroring the performance of its underlying index. The information ratio, which measures risk-adjusted returns relative to the benchmark, is also crucial in evaluating the funds performance. Furthermore, analyzing the funds factor exposure can provide insights into its risk profile and potential returns.

To evaluate QWLDs effectiveness, one can examine key performance indicators (KPIs) such as the Sharpe ratio, Sortino ratio, and the funds beta relative to its benchmark. The Sharpe ratio helps assess risk-adjusted returns, while the Sortino ratio focuses on downside risk. A beta close to 1 indicates that QWLDs volatility is in line with its benchmark, whereas a beta less than 1 suggests lower volatility. These metrics can be used to compare QWLDs performance with that of its peers and benchmark.