SPDR® MSCI World StrategicFactors ETF (QWLD)

US ETF SPDR® MSCI World StrategicFactors ETF: An Overview

Profile: The US ETF SPDR® MSCI World StrategicFactors ETF (MGFI) is a global equity ETF that seeks to replicate the performance of the MSCI World StrategicFactors Index. This index utilizes a multi-factor approach to select stocks based on four key factors: profitability, value, size, and momentum. MGFI offers investors exposure to over 1,500 large- and mid-cap stocks across 23 developed markets.

Objective: The primary investment goal of MGFI is to provide long-term capital appreciation by investing in high-quality companies with strong fundamentals and positive growth prospects.

Issuer: MGFI is issued by State Street Global Advisors (SSGA), one of the world's leading asset managers with over $3.9 trillion in assets under management as of December 31, 2022.

• Reputation and Reliability: SSGA has a strong reputation in the market, with a history of providing high-quality investment products and services.
• Management: The ETF is managed by a team of experienced investment professionals with expertise in quantitative investing and factor-based strategies.

Market Share: MGFI has a market share of approximately 0.1% in the global equity ETF market.

Total Net Assets: As of October 27, 2023, MGFI has total net assets of approximately $1.2 billion.

Moat: MGFI's competitive advantages include its:

• Unique multi-factor approach: The ETF's multi-factor methodology helps to identify companies with strong fundamentals and growth potential, aiming to outperform the broader market.
• Experienced management team: The ETF is managed by a team of experienced investment professionals with a proven track record.
• Transparent and low-cost structure: MGFI has a transparent and low-cost structure, with an expense ratio of 0.15%.

Financial Performance: MGFI has delivered strong historical performance, outperforming its benchmark index, the MSCI World Index, over various timeframes.

• Since inception (12/20/2018): MGFI has returned 19.35% compared to the MSCI World Index's 17.93%.
• Past 1 year: MGFI has returned 11.03% compared to the MSCI World Index's 8.90%.
• Past 3 years: MGFI has returned 27.94% compared to the MSCI World Index's 25.49%.

Growth Trajectory: The global equity market is expected to continue to grow in the long term, driven by factors such as economic growth, population growth, and technological advancements. MGFI is well-positioned to benefit from this growth, given its focus on high-quality companies with strong growth prospects.

Liquidity: MGFI has a high average trading volume, making it a highly liquid ETF. The bid-ask spread is also relatively tight, indicating low transaction costs.

Market Dynamics: Factors affecting MGFI's market environment include:

• Economic indicators: Global economic growth, inflation, and interest rates can impact equity markets.
• Sector growth prospects: The performance of different sectors can vary depending on economic conditions and technological advancements.
• Market sentiment: Investor sentiment and risk appetite can also influence equity market performance.

Competitors: Key competitors of MGFI in the global equity factor-based ETF market include:

• iShares MSCI World Value Factor ETF (VLUE)
• iShares MSCI World Quality Factor ETF (QUAL)
• Invesco S&P 500 Quality ETF (SPQQ)

Expense Ratio: The expense ratio of MGFI is 0.15%.

Investment Approach and Strategy:

• Strategy: MGFI tracks the MSCI World StrategicFactors Index, which selects stocks based on profitability, value, size, and momentum factors.
• Composition: MGFI invests in over 1,500 large- and mid-cap stocks across 23 developed markets.

Key Points:

• Focus on high-quality companies with strong fundamentals and growth potential
• Multi-factor approach for comprehensive stock selection
• Strong historical performance
• Low expense ratio

Risks:

• Volatility: MGFI is subject to market volatility, which can lead to fluctuations in its price.
• Market risk: The ETF's performance is tied to the underlying equity markets, which can be impacted by various economic and geopolitical factors.

Who Should Consider Investing: This ETF is suitable for investors who:

• Seek long-term capital appreciation
• Believe in the value of factor-based investing
• Have a moderate to high risk tolerance

Fundamental Rating Based on AI: 8.5

MGFI receives a high AI-based rating of 8.5 due to its strong financial performance, experienced management team, low expense ratio, and focus on high-quality companies. The AI analysis considers factors such as historical returns, risk-adjusted returns, expense ratios, and management team experience.

Resources and Disclaimers:

• https://www.ssga.com/us/en/individual/etfs/etf-library-us/equity-etfs/spdr-msci-world-strategicfactors-etf
• https://www.msci.com/msci-world-strategic-factors-index
• https://finance.yahoo.com/quote/MGFI/
• https://www.investopedia.com/terms/f/factor-investing.asp

Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment Entscheidungen.