Riding the AI Wave: iShares MSCI World ETF Nears Record Highs

The iShares MSCI World ETF (URTH) is approaching multi-year peaks, propelled by its substantial allocation to mega-cap technology stocks. This fund, which boasts $5.0 billion in assets under management, continues to attract significant investor capital.

Recent performance figures highlight the ETF’s strength. It has delivered a one-year return of 16.50%, slightly outpacing its benchmark, the MSCI World Index, which returned 16.26%. Year-to-date gains stand at 16.27%, demonstrating consistent tracking efficiency.

Longer-term metrics reveal a notable acceleration in performance. The fund’s three-year annualized return of 18.46% significantly exceeds long-term averages, while its five-year and ten-year returns of 14.73% and 10.90%, respectively, underscore this positive trend. Trading within a 52-week range of $136.34 to $179.34, the ETF’s current price near the upper bound indicates robust investor demand,... Read more...