(MWRD) Amundi MSCI World DR USD - Ratings and Ratios

The Amundi MSCI World UCITS ETF DR USD Acc GBP is an exchange-traded fund listed on XETRA, tracking the Morningstar Global TME NR USD index. As a Global Large-Cap Blend Equity ETF, it provides diversified exposure to a broad range of large-cap stocks across developed markets worldwide.

With Assets Under Management (AUM) of approximately £10.5 billion, this ETF is a sizable player in the global equity ETF market. Its size suggests sufficient liquidity and potentially lower trading costs for investors.

To evaluate the ETFs performance, we can consider key metrics such as tracking error, expense ratio, and dividend yield. Although not directly provided, we can infer that the ETFs tracking error is likely to be low given its adherence to a well-established index. The expense ratio, a crucial KPI for ETF investors, is not specified, but it is typically low for passive ETFs like this one, often below 0.2%. The dividend yield, another important metric, can be estimated based on the underlying indexs dividend profile.

From a technical analysis perspective, the ETFs price action indicates a relatively stable trend, with short-term and long-term moving averages (SMA20, SMA50, SMA200) suggesting a gradual uptrend. The Average True Range (ATR) of 0.72 (0.67%) implies moderate daily price volatility. Investors may use these technical indicators to inform their entry and exit strategies.

To further assess the ETFs attractiveness, we can examine its underlying index, the Morningstar Global TME NR USD. This index likely comprises a broad representation of global large-cap stocks, potentially offering a stable source of returns over the long term. Investors may also consider the ETFs currency exposure, as it is denominated in GBP but tracks a USD-based index, potentially introducing currency risk.