(VEVE) Vanguard FTSE Developed - Ratings and Ratios

The Vanguard FTSE Developed World UCITS ETF USD Distributing CHF (SW:VEVE) is a Switzerland-domiciled exchange-traded fund designed to track the performance of the Morningstar Global TME NR USD Index. This index focuses on large-cap equities across developed markets worldwide, offering broad diversification across sectors and regions. The fund is denominated in CHF and distributes income to investors.

From a technical perspective, VEVE is currently trading at 86.34 CHF, slightly above its 20-day simple moving average (SMA) of 85.54 but below its 50-day SMA of 91.96 and 200-day SMA of 92.59. This indicates near-term stabilization but a broader downtrend. The Average True Range (ATR) of 2.39 reflects moderate volatility, while the average 20-day trading volume of 7,372 shares suggests manageable liquidity.

Fundamentally, the ETF manages assets under management (AUM) of 3,459.88M CHF, underscoring its scale and investor confidence. As a large-cap blend fund, it balances value and growth exposures, aligning with the Morningstar Global TME NR USD Indexs composition. This index methodology ensures representation across key developed markets, including the U.S., Europe, and Asia-Pacific regions.

3-Month Forecast: Based on and , VEVE is expected to face headwinds from the broader market downtrend, with potential resistance near its 50-day SMA of 91.96. Support is likely to hold around the 85.00 CHF level. The funds strong AUM and tracking of a diversified index suggest stability, but near-term price action may remain range-bound or slightly bearish, influenced by global macroeconomic conditions.