Key details about this asset
Currency:
EUR
Ticker:
CW8
Exchange:
Milan Stock Exchange (Borsa Italiana)
Asset type:
ETF
ISIN:
LU1681043599
First trade date:
April 18, 2018
Fees:
0.28%
Avg. daily volume:
869
Generated by AI based on asset data
Sensitive
52.21%
Cyclical
28.86%
Defensive
16.97%
Information Technology
29.49%
Financials
15.80%
Industrials
10.52%
Consumer Discretionary
10.15%
Health Care
9.22%
Communication Services
8.85%
Consumer Staples
5.20%
Energy
3.35%
Materials
2.91%
Utilities
2.55%
North America
74.25%
Europe
17.23%
Asia
6.78%
Oceania
1.70%
United States of America
71.20%
Japan
5.62%
United Kingdom
3.80%
Canada
3.05%
France
2.96%
Germany
2.64%
Switzerland
2.57%
Australia
1.63%
Netherlands
1.18%
Sweden
0.98%
Italy
0.79%
Spain
0.76%
Denmark
0.67%
Hong Kong
0.50%
Singapore
0.42%
Finland
0.27%
Belgium
0.25%
Israel
0.24%
Norway
0.16%
Ireland
0.09%
New Zealand
0.07%
Austria
0.05%
Portugal
0.04%
Luxembourg
0.02%
Generated by AI based on asset data
💰 Low-cost structure – Competitive expense ratio supports long-term growth in stable market conditions.
🌍 Strong geographic diversification – Dominant North American exposure offsets regional volatility with balanced continental spread.
📉 High sector sensitivity – Cyclical and sensitive sectors amplify macro downturns during recessionary pressures.
🔄 Geopolitical fragility – Concentrated energy and financial holdings expose portfolio to policy-driven volatility spikes.
📈 Outperforms in expansion phases – Defensive and tech-heavy sectors thrive during growth-driven liquidity surges.
💥 Underperforms in crises – Sensitive and cyclical exposure deepens drawdowns during liquidity contractions and earnings shocks.