(IBCZ) iShares Edge MSCI World - Ratings and Ratios

The iShares Edge MSCI World Multifactor UCITS ETF USD (Acc) EUR is an exchange-traded fund (ETF) listed on the XETRA exchange, with the ticker symbol IBCZ. It is a Global Large-Cap Blend Equity ETF, indicating that it invests in a diversified portfolio of large-cap stocks from around the world.

The fund tracks the Morningstar Global TME NR USD index, which suggests that it follows a multifactor investment approach, likely incorporating various factors such as value, momentum, size, and quality to construct its portfolio. With an AUM of €395.31M, the fund has a substantial presence in the market.

To further evaluate the funds performance, we can consider additional key performance indicators (KPIs) such as tracking error, information ratio, and dividend yield. A low tracking error would indicate that the fund closely follows its benchmark index, while a high information ratio would suggest that the fund generates excess returns relative to its benchmark, adjusted for risk. The dividend yield would provide insight into the funds income generation potential.

From a technical analysis perspective, the funds price action can be assessed using indicators such as the relative strength index (RSI) and Bollinger Bands. The funds current price of €10.80 is above its 20-day, 50-day, and 200-day simple moving averages (SMA), indicating a positive short-term and long-term trend. The average true range (ATR) of 0.09 (€0.82% of the current price) suggests relatively low volatility.

To make a more informed investment decision, it would be essential to analyze the funds holdings, sector allocation, and geographic distribution, as well as its historical performance during different market conditions. Additionally, comparing the funds expense ratio and trading costs to those of its peers would help assess its cost-effectiveness.