(VHYL) Vanguard FTSE All-World - Ratings and Ratios

The Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing CHF is a globally diversified equity income exchange-traded fund (ETF) that tracks the Morningstar Global High Dividend Yield Index. This index is designed to capture the performance of high dividend-yielding stocks from around the world, providing a broad exposure to global equities with a focus on income generation.

As a globally diversified ETF, VHYL offers investors a convenient way to access a wide range of dividend-paying stocks across different regions, sectors, and market capitalizations. The funds underlying index is constructed to emphasize stocks with high dividend yields, which can provide a relatively stable source of income and potentially lower volatility compared to the broader equity market.

Analyzing the funds technical data, we observe that the current price is near its 20-day simple moving average (SMA20) of 60.13, indicating a relatively stable short-term trend. The 50-day SMA (58.81) and 200-day SMA (59.88) suggest a longer-term uptrend, as the current price is above both of these averages. The average true range (ATR) of 0.64, equivalent to 1.05% of the current price, indicates moderate daily price volatility.

From a fundamental perspective, the funds assets under management (AUM) stand at 5612.28 million CHF, indicating a sizable and liquid ETF. The funds focus on high dividend-yielding stocks can be attractive in a low-interest-rate environment, as it provides investors with a relatively higher income stream.

Forecasting the funds performance based on the available technical and fundamental data, we can anticipate a continued stable trend in the short term, driven by the funds diversified portfolio and the overall uptrend in global equities. However, the high dividend yield focus may lead to a relatively defensive positioning, potentially limiting upside during strong market rallies. In the next 6-12 months, we expect the fund to maintain its current price level, with a potential target range of 62-65 CHF, assuming a continuation of the current global economic trends and a stable dividend payout environment.