(MWOE) Amundi MSCI World DR USD - Ratings and Ratios

Amundi MSCI World UCITS ETF DR USD Inc EUR (XETRA:MWOE) is a UCITS-compliant ETF domiciled in Germany, designed to track the performance of the MSCI World Index. It provides exposure to large and mid-cap companies across 23 developed market countries, offering a diversified portfolio of global equities. The fund is denominated in USD but distributes income in EUR, making it accessible to European investors seeking international market exposure.

From a technical standpoint, MWOE is currently trading at 11.61 EUR, slightly below its short-term SMA20 of 11.79 and further below its SMA50 and SMA200 of 12.58 and 12.65, respectively. This indicates a bearish trend in the short to medium term. The ATR of 0.31 suggests relatively low volatility, with average daily price movements remaining moderate. The ETFs average volume over the past 20 days is 75,037 shares, indicating consistent liquidity.

Fundamentally, MWOE manages an AUM of 10,534.58M EUR, underscoring its popularity among investors seeking broad global equity exposure. The ETFs tracking error is typically low, ensuring close alignment with the MSCI World Index. Its expense ratio is competitive, making it a cost-effective choice for long-term investors.

3-Month Forecast: Based on and , MWOE is expected to face headwinds in the near term due to its current position below key moving averages. However, its strong AUM and low volatility suggest stability. The ETF may experience sideways trading with a potential downside risk of 5-7% if broader market conditions deteriorate. Conversely, if global equities rebound, MWOE could test resistance near its SMA200 of 12.65.