QWLDSPDR MSCI World StrategicFactors ETF
QWLD Fund Description
QWLD 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. The fund tracks an index that equally weights three subindexes (value, minimum-volatility, and quality) derived from the MSCI World Index. This resulting mix may offer low-volatility strategy with an equal focus on high-quality and attractively valued firms. 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 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
SPDR MSCI World StrategicFactors ETF has an MSCI ESG Fund Rating of A based on a score of 6.95 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. SPDR MSCI World StrategicFactors ETF ranks in the 67th percentile within its peer group and in the 52nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
QWLD MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
QWLD Summary Data
QWLD Portfolio Data
QWLD Index Data
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 Economic Development
QWLD Performance Statistics
QWLD MSCI ESG Ratings
QWLD Benchmark Comparison Summary
QWLD Benchmark Comparison Market Cap Size