Key details about this asset
Currency:
EUR
Ticker:
MWRD
Exchange:
Euronext Paris
Asset type:
ETF
ISIN:
IE000BI8OT95
First trade date:
January 18, 2024
Fees:
0.05%
Avg. daily volume:
7,560
Generated by AI based on asset data
Generated by AI based on asset data
💰 Low-cost, diversified exposure – Competitive expense ratio favors disciplined long-term investors in stable macro environments.
🌍 Global reach without overconcentration – Dominant North American focus mitigates regional risk, but Asia’s small slice leaves exposure vulnerable to regional shocks.
📉 Sector sensitivity amplified – Cyclical and sensitive sectors amplify macro downturns; defensive holdings provide limited tailwind in crises.
📈 Momentum-driven peaks – Strongest in high-liquidity, earnings-driven rallies; underperforms in prolonged earnings contractions.
🚨 Structural underperformance risk – Feels sharpest in policy-driven liquidity crunches or geopolitical fragmentation regimes.
Sensitive
51.33%
Cyclical
29.05%
Defensive
17.71%
Information Technology
28.36%
Financials
16.12%
Industrials
10.38%
Consumer Discretionary
9.96%
Health Care
9.83%
Communication Services
9.17%
Consumer Staples
5.32%
Energy
3.42%
Materials
2.97%
Utilities
2.56%
North America
75.67%
Europe
12.94%
Asia
5.44%
Oceania
1.55%
United States of America
72.32%
Japan
5.44%
United Kingdom
3.45%
Canada
3.35%
Switzerland
2.52%
France
2.32%
Germany
2.31%
Australia
1.55%
Netherlands
1.47%
Spain
0.87%