(SWDA) iShares Core MSCI World USD - Ratings and Ratios

The iShares Core MSCI World UCITS ETF USD (Acc) aims to track the MSCI World Index, providing a total return that includes both capital appreciation and income. The fund achieves this by investing in a portfolio that closely replicates the composition of its benchmark index, comprising a diverse range of equities.

Key characteristics of this ETF include its classification as a Global Large-Cap Blend Equity fund, indicating its investment scope and style. With a substantial Assets Under Management (AUM) of approximately $96.25 billion USD, it is one of the larger and more liquid ETFs in its category, potentially offering tighter bid-ask spreads and lower trading costs.

From a performance perspective, the ETF has shown a positive trend, with its current price above its short-term (20-day), medium-term (50-day), and long-term (200-day) Simple Moving Averages (SMAs), indicating an overall bullish trend. The Average True Range (ATR) suggests a relatively moderate level of volatility, which can be an important consideration for investors seeking to manage risk.

To further evaluate this ETF, several Key Performance Indicators (KPIs) can be considered, including its tracking error relative to the MSCI World Index, expense ratio, dividend yield, and Sharpe ratio. A low tracking error would indicate that the ETF is successfully replicating its benchmark, while a competitive expense ratio is crucial for long-term cost efficiency. The dividend yield can provide insight into the income generation potential of the fund, and the Sharpe ratio can help assess its risk-adjusted performance.

Investors should also consider the broader market context and the specific composition of the MSCI World Index, including its sectoral and geographical distribution, to ensure alignment with their investment objectives and risk tolerance.