(WPAB) iShares MSCI World - Ratings and Ratios

WPAB is an exchange-traded fund (ETF) listed on Euronext Amsterdam (AS), tracking the Morningstar Global TME NR USD index. It offers exposure to global large-cap equities with a focus on climate alignment, adhering to Paris Agreement goals. The fund integrates ESG criteria, prioritizing companies with lower carbon emissions and higher climate stewardship. WPAB holds a diversified portfolio of global equities, with a majority allocation to developed markets, particularly the US, Europe, and Japan. Sector weights are balanced across technology, financials, healthcare, and industrials, reflecting the broader global market composition. The ETF is structured as a UCITS-compliant fund, ensuring regulatory compliance for European investors. It distributes income in USD and is denominated in USD, appealing to investors seeking global equity exposure with a climate-conscious investment approach.

Over the next three months, WPAB is expected to track the performance of its underlying index closely. Based on , the funds short-term momentum is neutral, with the SMA 20 (6.72) slightly above the SMA 50 (6.68), indicating limited upward momentum. The SMA 200 (6.47) remains below current levels, suggesting medium-term support at 6.47. ATR of 0.06 signals low volatility, implying price fluctuations will likely remain muted. From a perspective, the AUM of 379.66M USD reflects moderate investor interest, while the funds expense ratio of 0.20% aligns with industry averages for ESG-focused ETFs. Expect WPAB to trade in a narrow range, with potential upside driven by ESG thematic tailwinds and downside limited by broader market conditions.