
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT
- About
SPDR S&P World ex US (SPDW)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
07/24/2025: SPDW (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit -5.79% | Avg. Invested days 51 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
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 |
Upturn AI SWOT
SPDR S&P World ex US
ETF Overview
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 focuses on developed markets excluding the United States, providing diversified exposure to international equities.
Reputation and Reliability
State Street Global Advisors (SSGA) is one of the largest and most reputable ETF providers globally, with a long track record of managing index-tracking funds.
Management Expertise
SSGA has extensive experience and expertise in managing a wide range of ETFs, including international equity funds.
Investment Objective
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, which represents the developed markets excluding the United States.
Composition Primarily holds stocks of companies located in developed countries outside the United States.
Market Position
Market Share: The market share of GWX varies depending on the specific segment considered within international developed market ETFs.
Total Net Assets (AUM): 3578000000
Competitors
Key Competitors
- VEA
- VXUS
- ACWX
Competitive Landscape
The international developed markets ETF segment is highly competitive, with numerous ETFs offering similar exposure. GWX's advantage lies in its specific index tracking, while competitors may offer broader or more cost-effective options. It holds a relatively smaller share in the market compared to its key competitors.
Financial Performance
Historical Performance: Historical performance data should be sourced from financial websites for accurate figures over various time periods.
Benchmark Comparison: The ETF's performance should closely track the S&P Developed Ex-U.S. BMI Index.
Expense Ratio: 0.24
Liquidity
Average Trading Volume
The average trading volume of GWX is moderate, indicating reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread for GWX is generally tight, reflecting sufficient trading activity.
Market Dynamics
Market Environment Factors
Economic growth in developed markets outside the US, currency fluctuations, and geopolitical events can affect GWX.
Growth Trajectory
Growth depends on the performance of the underlying index and investor demand for international equity exposure; changes to holdings are dictated by index adjustments.
Moat and Competitive Advantages
Competitive Edge
GWX benefits from State Street's established reputation and scale in the ETF market. Its competitive edge also lies in the fund's index-tracking efficiency and focus on developed markets, offering investors targeted exposure to international equities. However, its expense ratio might be slightly higher than some of its larger competitors. Its well-defined index provides transparency and predictability for investors.
Risk Analysis
Volatility
Volatility is tied to the volatility of the underlying international equity markets.
Market Risk
Market risk includes exposure to international economic conditions, currency fluctuations, and political instability.
Investor Profile
Ideal Investor Profile
Investors seeking diversified exposure to developed markets outside the US and willing to accept international market risks.
Market Risk
Suitable for long-term investors seeking geographical diversification and passive index followers.
Summary
The SPDR S&P World ex US ETF (GWX) provides diversified exposure to developed markets excluding the United States, making it suitable for investors seeking international equity diversification. The fund's performance closely tracks the S&P Developed Ex-U.S. BMI Index and is managed by the reputable State Street Global Advisors. However, potential investors should consider the fund's expense ratio and the inherent risks associated with international investing. Overall, GWX offers a convenient and relatively liquid way to access a broad range of international stocks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- State Street Global Advisors
- Morningstar
- ETF.com
- Bloomberg
Disclaimers:
The data and analysis provided are for informational purposes only and do not constitute financial advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.