QWLDSPDR MSCI World StrategicFactors ETF
QWLD Fund Description
The SPDR MSCI World StrategicFactors ETF tracks an index of developed-market securities that consists of 3 subindexes based on value, minimum volatility and quality.
QWLD Factset Analytics Insight
QWLD offers multifactor exposure with moderate biases for a low fee, but investors aren’t buying in, at least so far. The fund tracks an index that equally weights three subindexes (value, minimum-volatility, and quality) derived from the MSCI World Index. QWLD takes moderate active risk—perhaps the three subindexes (each of which runs without consideration of the other) offset each other somewhat. Large US firms dominate the fund’s weighting, in line with our neutral benchmark, though we do see lower beta, a large-cap tilt and some sector biases. QWLD only charges a bit more than its vanilla counterparts. Investor interest has been anemic thus far, putting the fund at high closure risk.
QWLD changed its name and the name of its underlying index on July 15, 2016. The change was purely cosmetic with no impact on investment strategy, portfolio holdings, and investor experience.
QWLD MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 18, 2018 the SPDR MSCI World StrategicFactors ETF MSCI ESG Fund Quality Score is 5.92 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. QWLD ranks in the 64th percentile within its peer group and in the 67th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
QWLD CHARTS AND PERFORMANCE
QWLD Top 10 Countries
QWLD Top 10 Sectors
QWLD Top 10 Holdings [View All]
QWLD Portfolio Management
QWLD Tax Exposures
QWLD Fund Structure
QWLD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QWLD. QWLD is rated a 4 out of 5.
QWLD Sector/Industry Breakdown
QWLD TOP 10 HOLDINGS[View All]
QWLD Economic Development
QWLD Performance Statistics
QWLD MSCI ESG Ratings
QWLD BENCHMARK COMPARISON SUMMARY
QWLD BENCHMARK COMPARISON MARKET CAP SIZE