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SPDW
Upturn stock rating

SPDR S&P World ex US (SPDW)

Upturn stock rating
$43.77
Last Close (24-hour delay)
Profit since last BUY10.64%
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Consider higher Upturn Star rating
BUY since 96 days
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Upturn Advisory Summary

10/29/2025: SPDW (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit -0.13%
Avg. Invested days 61
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/29/2025

Key Highlights

Volume (30-day avg) -
Beta 1.04
52 Weeks Range 31.75 - 40.52
Updated Date 06/29/2025
52 Weeks Range 31.75 - 40.52
Updated Date 06/29/2025

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SPDR S&P World ex US

stock logo

ETF Overview

overview logo Overview

The SPDR S&P World ex US ETF (GWX) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S. BMI Index. It provides broad exposure to developed markets outside the United States, offering diversification benefits.

reliability logo Reputation and Reliability

State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long track record of managing ETFs.

reliability logo Management Expertise

SSGA has extensive experience in managing index-tracking ETFs, leveraging significant resources and expertise in global markets.

Investment Objective

overview logo Goal

To provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S. BMI Index.

Investment Approach and Strategy

Strategy: Tracks the S&P Developed Ex-U.S. BMI Index, a market-capitalization-weighted index representing developed markets excluding the United States.

Composition Primarily holds stocks of companies located in developed markets outside of the US, reflecting the index composition.

Market Position

Market Share: GWX's market share is influenced by the broader developed market ex-US ETF segment, facing competition from other similar ETFs.

Total Net Assets (AUM): 3100000000

Competitors

overview logo Key Competitors

  • VEA
  • VXUS
  • IEFA

Competitive Landscape

The developed ex-US ETF market is competitive. GWX offers a specific index tracking and is more expensive than competing ETF's such as VEA. GWX and VEA are comparable, however, VEA is more popular due to its lower expense ratio. VXUS provides broader market diversification, capturing both developed and emerging markets.

Financial Performance

Historical Performance: Historical performance data not directly available, rely on index performance.

Benchmark Comparison: The ETF's performance closely tracks the S&P Developed Ex-U.S. BMI Index. Any deviations are primarily due to fees and expenses.

Expense Ratio: 0.24

Liquidity

Average Trading Volume

GWX exhibits moderate liquidity, with a generally sufficient average trading volume for most investors.

Bid-Ask Spread

The bid-ask spread is typically reasonable, reflecting the fund's liquidity and underlying market conditions.

Market Dynamics

Market Environment Factors

Global economic conditions, currency fluctuations, and geopolitical events impact the performance of developed markets ex-US, influencing GWX.

Growth Trajectory

Growth is tied to the overall health and performance of developed economies outside the U.S., with adjustments reflecting index composition changes.

Moat and Competitive Advantages

Competitive Edge

GWX's advantage lies in its established presence and SSGA's management expertise. While not unique, it provides precise tracking of the S&P Developed Ex-U.S. BMI Index. SSGA's strong brand recognition and distribution network help maintain its competitive standing. However, lower-cost alternatives offer a significant challenge. The ETF offers consistent and predictable returns mirroring the index.

Risk Analysis

Volatility

GWX exhibits moderate volatility, reflecting the inherent risks of investing in international equity markets.

Market Risk

Underlying assets are subject to market risk, including economic downturns, political instability, and currency fluctuations in the respective countries.

Investor Profile

Ideal Investor Profile

Investors seeking diversified exposure to developed equity markets outside the United States for long-term growth.

Market Risk

Suitable for long-term investors seeking geographic diversification and passive index-tracking exposure.

Summary

The SPDR S&P World ex US ETF (GWX) offers exposure to developed equity markets, mirroring the S&P Developed Ex-U.S. BMI Index. Managed by State Street Global Advisors, it's suited for long-term investors looking for geographic diversification. While it tracks its index closely, its expense ratio is not as low as competing funds. GWX faces competition from other ETFs that offer similar exposure at a lower cost, or broader exposures in global markets. Its performance is driven by the economic health and market conditions of the developed nations represented in the index.

Similar ETFs

Sources and Disclaimers

Data Sources:

  • SSGA Website
  • ETF.com
  • Morningstar

Disclaimers:

Data and analysis are based on available information and subject to change. Investors should conduct their own due diligence before investing.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About SPDR S&P World ex US

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a float-adjusted market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in developed countries outside the United States.