(EMND) iShares MSCI World ESG - Ratings and Ratios

The iShares MSCI World ESG Enhanced UCITS ETF USD Inc (XETRA: EMND) is an exchange-traded fund designed to track the performance of global large-cap equities with an enhanced ESG focus. The fund is listed on XETRA, Germany, and is part of the iShares family of ETFs managed by BlackRock. It seeks to deliver returns in line with the Morningstar Global TME NR USD Index, which emphasizes companies with strong environmental, social, and governance (ESG) practices. The ETF provides exposure to a diversified portfolio of global equities, with a focus on sectors and companies that align with sustainable investment principles.

From a technical perspective, the ETF is currently trading at 8.58 EUR, slightly below its 20-day (8.71) and 50-day (8.67) simple moving averages, while remaining above its 200-day SMA (8.11). This indicates a near-term downtrend but a longer-term uptrend. The Average True Range (ATR) of 0.08 reflects relatively low volatility, suggesting stability in price movements. Average daily trading volume over the past 20 days is 17,493 shares, indicating moderate liquidity.

Fundamentally, the ETF has assets under management (AUM) of 209.23 million EUR, making it a mid-sized fund in its category. The funds ESG-enhanced strategy focuses on companies with higher ESG ratings, excluding firms involved in controversial activities such as fossil fuels, weapons, and tobacco. The portfolio is diversified across sectors, with a bias toward technology, healthcare, and financial services. Geographically, the fund has significant exposure to the United States, Europe, and Japan, aligning with the global nature of the Morningstar index it tracks.

3-Month Forecast: Based on , the ETFs price is expected to remain range-bound between 8.40 and 8.80 EUR, with potential resistance at the 50-day SMA (8.67) and support at the 200-day SMA (8.11). The low ATR of 0.08 suggests minimal price fluctuations. From a perspective, the funds AUM is expected to grow modestly, supported by increasing investor demand for ESG-focused products. However, short-term headwinds may arise from broader market volatility, particularly if global equity markets experience a correction. Overall, the ETF is likely to deliver returns in line with its benchmark, with a slight upside potential if ESG-themed equities outperform traditional benchmarks.