(WTEC) SPDR MSCI World Technology - Ratings and Ratios

The SPDR MSCI World Technology UCITS ETF USD Acc (WTEC) is a sector-specific ETF focusing on technology stocks globally, tracking the Morningstar Global Technology NR USD Index. It is domiciled in Switzerland and offers investors exposure to a diversified portfolio of technology companies worldwide.

From a quantitative perspective, the ETF has demonstrated a strong uptrend, with its current price at $192.70, surpassing its 20-day, 50-day, and 200-day Simple Moving Averages (SMA20, SMA50, SMA200) of $185.31, $174.63, and $172.47, respectively. This indicates a bullish trend. The Average True Range (ATR) is 1.72, representing a daily volatility of 0.89%. The ETF has reached its 52-week high of $192.70 and has shown significant growth from its 52-week low of $137.18.

In terms of key performance indicators (KPIs), the ETFs Assets Under Management (AUM) stand at $808.61 million, indicating a moderate size that can provide liquidity without being overly concentrated. To further evaluate its performance, other relevant KPIs could include the ETFs expense ratio, tracking error against its benchmark, and dividend yield. Typically, technology-focused ETFs have a relatively high expense ratio due to the active nature of the sector, but they also offer the potential for high growth.

Investors considering WTEC should also examine its holdings distribution, sector allocation, and geographic exposure to ensure it aligns with their investment strategy and risk tolerance. The Morningstar Global Technology NR USD Index, which WTEC tracks, likely includes a broad spectrum of technology companies, potentially spanning sub-sectors like software, hardware, semiconductors, and IT services. Understanding the ETFs composition can help investors make informed decisions about its potential for growth and its fit within a diversified portfolio.