ACWX Stock Summary and Trading Ideas (iShares MSCI Acwi Ex US ETF | NASDAQ:ACWX)

The iShares MSCI ACWI ex US Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI All Country World Index ex USA.

iShares MSCI Acwi Ex US ETF trades on the NASDAQ stock market under the symbol ACWX.

As of April 24, 2024, ACWX stock price climbed to $52.42 with 12,510 million shares trading.

ACWX has a beta of 0.90, meaning it tends to be less sensitive to market movements. ACWX has a correlation of 0.69 to the broad based SPY ETF.

ACWX has a market cap of $4.55 billion. This is considered a Mid Cap stock.

In the last 3 years, ACWX stock traded as high as $59.19 and as low as $38.81.

ACWX stock has underperformed the market in the last year with a return of +8.6%, while SPY returned +24.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ACWX shares. However, ACWX has outperformed the market in the last 3 month and 2 week periods, returning +5.5% and -2.0%, while SPY returned +4.7% and -2.5%, respectively. This indicates ACWX has been having a stronger performance recently.

ACWX support price is $51.81 and resistance is $52.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACWX stock will trade within this expected range on the day.