(SPDW) SPDR S&P World ex US - Ratings and Ratios

The SPDR S&P World ex US ETF (NYSE ARCA: SPDW) is designed to track the performance of the S&P World ex US Index, a float-adjusted, market-capitalization-weighted index that includes publicly traded companies from developed markets outside the United States. The fund invests at least 80% of its total assets in securities from the index, including depositary receipts that represent underlying shares in the index. This structure allows the ETF to provide exposure to a broad range of large-cap companies across developed international markets, excluding the U.S.

The ETFs portfolio spans multiple sectors and geographic regions, offering diversification across countries with established economies. The index underlying the fund is designed to measure the performance of the investable universe of international developed markets, making it a tool for investors seeking exposure to global equity markets outside the U.S. The funds holdings are weighted by market capitalization, meaning larger companies have a greater influence on the funds performance.

Based on the provided data, the ETF is trading at $36.13 as of the last price, with a 20-day average volume of 3,604,250 shares. The fund is currently above its 20-day SMA of $35.77 but slightly below its 50-day SMA of $36.41. The 200-day SMA stands at $35.67, indicating a longer-term uptrend. The Average True Range (ATR) of 0.74 suggests moderate volatility.

Looking ahead, the ETFs performance over the next three months will likely be influenced by its technical and fundamental trends. The 50-day SMA at $36.41 may act as a resistance level, while the 200-day SMA at $35.67 could serve as a support level. The ATR of 0.74 indicates that price fluctuations are likely to remain contained within a narrow range. With an AUM of $22.89 billion, the fund benefits from significant scale, which can contribute to market efficiency and tighter bid-ask spreads.