(MVEW) iShares Edge MSCI World - Ratings and Ratios

The iShares Edge MSCI World Minimum Volatility ESG UCITS ETF USD (Acc) seeks to deliver a total return, combining capital and income, by tracking the performance of the MSCI World Minimum Volatility ESG Reduced Carbon Target Index. This index is designed to optimize for lower volatility while integrating ESG criteria and reducing carbon exposure. The fund offers currency-hedged share classes that mitigate exchange rate risks through FX contracts, aligning returns closer to the benchmark index for investors in those share classes.

With an AUM of 782.35M EUR, the ETF trades an average of 65,096 shares over 20 days, indicating moderate liquidity. Technically, the fund is trading near its key moving averages, with the last price of 6.91 slightly above the 20-day SMA of 6.74 but below the 50-day SMA of 6.99. The 200-day SMA of 6.94 suggests a stable trend. The ATR of 0.12 reflects low volatility, consistent with the funds investment strategy. Based on these metrics, the ETF is expected to maintain its stable performance in the short term, supported by its low volatility profile and ESG focus.