(TSWE) VanEck Sustainable World - Ratings and Ratios

The VanEck Sustainable World Equal Weight UCITS ETF (XETRA:TSWE) is a globally diversified equity ETF that tracks the Morningstar Global TME NR USD Index, providing investors with exposure to a broad range of large-cap companies worldwide. The funds investment strategy focuses on sustainable companies, making it an attractive option for environmentally and socially conscious investors.

From a technical analysis perspective, the ETFs price is currently at 33.18, slightly below its 20-day Simple Moving Average (SMA) of 33.65, indicating a potential short-term bearish trend. However, the 50-day SMA at 32.72 and 200-day SMA at 33.11 suggest a longer-term bullish outlook. The Average True Range (ATR) of 0.32, representing a 0.95% daily price movement, indicates moderate volatility. Considering the 52-week high and low of 35.70 and 28.67, respectively, the current price suggests a moderate recovery from the years low.

With Assets Under Management (AUM) of 716.97M EUR, the ETF has a substantial presence in the market, indicating a reasonable level of liquidity and investor interest. The equal-weighting of the funds holdings ensures that no single company dominates the portfolio, potentially reducing risk and increasing diversification benefits.

Combining technical and fundamental data, a potential forecast for TSWE could be that it continues to consolidate around its current price level, potentially breaking out above the 20-day SMA resistance at 33.65. If the global equity market maintains its upward momentum and sustainable investing continues to gain traction, TSWE could see a rise towards its 52-week high of 35.70. Conversely, if market volatility increases or investor sentiment turns bearish, the ETF could test its support levels around the 50-day SMA at 32.72. A break below this level may signal a more significant decline.