QWLD Stock Summary and Trading Ideas (SPDR MSCI World Strategicfactors ETF | ARCA:QWLD)

The MSCI World Factor Mix A-Series Index captures large-and mid-cap representation across 23 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. The Index is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI World Value Weighted Index, the MSCI World Minimum Volatility Index, and the MSCI World Quality Index (each, a "Component Index").

SPDR MSCI World Strategicfactors ETF trades on the ARCA stock market under the symbol QWLD.

As of April 18, 2024, QWLD stock price declined to $114.72 with 3,388 million shares trading.

QWLD has a market cap of $108.98 million. This is considered a Micro Cap stock.

In the last 3 years, QWLD stock traded as high as $120.15 and as low as $83.39.

QWLD has underperformed the market in the last year with a return of +15.4%, while the SPY ETF gained +22.3%. In the last 3 month period, QWLD fell short of the market, returning +4.7%, while SPY returned +6.1%. However, in the most recent 2 weeks QWLD has outperformed the stock market by returning -3.5%, while SPY returned -3.8%.

QWLD support price is $114.02 and resistance is $115.76 (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 QWLD stock will trade within this expected range on the day.