(36B3) iShares MSCI Europe SRI - Ratings and Ratios

The iShares MSCI Europe SRI UCITS ETF EUR (Dist) (XETRA: 36B3) is an exchange-traded fund (ETF) designed to track the performance of the Morningstar Developed Europe Total Market ESG Leaders Index. This index focuses on large-cap companies across Europe that meet specific environmental, social, and governance (ESG) criteria. The fund is managed by BlackRock and listed on the XETRA exchange in Germany. It provides exposure to a diversified portfolio of European equities, with a focus on sustainability and ethical practices.

As of the latest data, the ETF has an average daily trading volume of 174,883 shares over the past 20 days, with a last price of 7.70 EUR. The funds short-term technical indicators show a slight decline below its 20-day and 50-day simple moving averages (SMA), which are 7.73 and 7.58, respectively. However, the 200-day SMA stands at 7.59, indicating long-term stability. The Average True Range (ATR) of 0.07 reflects low volatility. With assets under management (AUM) of 262.51 million EUR, the fund represents a moderate-sized ETF in its category, offering a dividend yield of 2.34% and an expense ratio of 0.20%.

3-Month Forecast: Based on the current technical and fundamental data, the ETF is expected to remain range-bound in the near term. The slight dip below the 20-day and 50-day SMAs suggests short-term weakness, but the proximity to the 200-day SMA indicates underlying strength. The low ATR supports a forecast of continued low volatility. Fundamentally, the funds focus on ESG-compliant companies aligns with growing investor demand for sustainable investments, which could drive modest inflows and support the ETFs price. Over the next three months, the ETF is projected to trade within a narrow range of 7.50 to 7.90 EUR, with potential for slight upside driven by ESG-themed inflows. The AUM is expected to grow by 5-7% during this period, supported by increasing interest in sustainable equity strategies.