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

The iShares Core MSCI World UCITS ETF USD (Acc) EUR (XETRA:EUNL) is designed to track the MSCI World Index, providing investors with a total return that reflects the performance of the index. The fund achieves this by investing in a portfolio of equity securities that replicates the component securities of the MSCI World Index.

As a Global Large-Cap Blend Equity ETF, EUNL provides broad exposure to developed markets worldwide. With a substantial Assets Under Management (AUM) of €84.07 billion, it is one of the largest and most liquid ETFs in its category. This scale can contribute to lower expense ratios and tighter bid-ask spreads, making it an attractive option for investors seeking diversified global equity exposure.

To further evaluate EUNLs performance, key performance indicators (KPIs) such as tracking error, information ratio, and dividend yield can be considered. A low tracking error would indicate that the ETF is effectively replicating the MSCI World Index. The information ratio can help assess the funds risk-adjusted performance relative to its benchmark. Additionally, the dividend yield can provide insight into the income generated by the ETF.

From a technical analysis perspective, EUNLs price action can be examined. With a current price of €102.03, the ETF is above its 20-day, 50-day, and 200-day simple moving averages (SMA20, SMA50, and SMA200), indicating a positive short-term and long-term trend. The average true range (ATR) of 0.71 (€0.69% of the current price) suggests relatively moderate volatility.

Overall, EUNL appears to be a well-established and liquid ETF that provides investors with diversified exposure to global equities. Its ability to track the MSCI World Index, combined with its substantial AUM and relatively low volatility, make it a viable option for investors seeking broad global equity exposure.