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
Sensitive
52.33%
Cyclical
29.61%
Defensive
18.06%
Information Technology
28.91%
Financials
16.43%
Industrials
10.58%
Consumer Discretionary
10.15%
Health Care
10.02%
Communication Services
9.35%
Consumer Staples
5.42%
Energy
3.49%
Materials
3.03%
Utilities
2.62%
North America
79.15%
Europe
13.54%
Asia
5.69%
Oceania
1.62%
United States of America
75.65%
Japan
5.69%
United Kingdom
3.61%
Canada
3.50%
Switzerland
2.64%
France
2.43%
Germany
2.42%
Australia
1.62%
Netherlands
1.54%
Spain
0.90%
Generated by AI based on asset data
🔍 Strong sector exposure to resilient cyclical growth sectors Balanced mix of defensive and cyclical sectors supports outperformance in both expansion and contraction phases, outpacing peers in both bull and bear markets.
💥 High North American concentration amplifies geopolitical and currency risks Overwhelming exposure to U.S. markets and sensitive sectors risks sharp drawdowns during trade tensions, rate spikes, or regional conflicts.
📉 Structural underperformance in prolonged liquidity contraction regimes Lack of defensive depth and high expense ratio erodes returns during extended tightening cycles, where passive funds dominate.