(WF1E) Invesco S&P World - Ratings and Ratios

The Invesco S&P World Financials ESG UCITS ETF Acc EUR (XETRA: WF1E) is designed to track the performance of the Morningstar Global Financial Services TME NR USD Index, focusing on financial services companies with strong ESG (Environmental, Social, and Governance) profiles. The fund is listed on XETRA and is categorized under Sector Equity Financial Services, targeting investors seeking exposure to the global financial sector with a sustainability focus.

From a technical perspective, the ETF currently trades at 6.61 EUR, with key moving averages indicating a bearish trend. The SMA 20 (7.12) and SMA 50 (7.04) are above the current price, while the SMA 200 (6.33) is below, suggesting potential support at lower levels. The ATR of 0.08 reflects low volatility, indicating stable price movements. Average daily volume of 2412 shares highlights moderate liquidity.

Fundamentally, the ETF manages assets of 3.75M EUR, indicating a relatively small but focused portfolio. The funds ESG criteria ensure that only companies meeting specific sustainability standards are included, appealing to investors aligning their portfolios with global sustainability goals.

3-Month Forecast:

Based on and , the ETF is expected to trade sideways to slightly down in the next 3 months. The bearish crossover of SMA 20 below SMA 50, combined with the current price below these levels, suggests limited upside. However, the low ATR and stable AUM growth indicate that downside risk is likely capped, with support near the SMA 200 level of 6.33. Investors may expect a range-bound movement with potential for modest recovery if broader market conditions improve.