State Street SPDR MSCI ACWI ex-US ETF
$40.19+0.09 (+0.22%)
- 0.30%
- $2.9B
- +20.1%
- 2.73%
- 0.3M sh
- $40.14
- low $34.19high $41.97
The ETF.net CWI Grade
B
Score 58 out of 100
- 6 of 8
Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D34 out of 100Rank 6 of 8Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C54 out of 100Rank 1 of 8Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C48 out of 100Rank 5 of 8Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B56 out of 100Rank 5 of 8Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C48 out of 100Rank 6 of 8
Our read on CWI
BEverything outside America in one ticker. Since 2007, CWI has tracked the MSCI ACWI ex USA Index, folding developed and emerging markets into roughly 1,100 stocks, at a price below the typical index tracker in its group.
The fund seeks to track, before fees and expenses, the total return performance of the MSCI ACWI ex USA Index while providing access to developed and emerging-market countries outside the United States.
Why people hold it
- Europe, Japan and emerging markets arrive in a single trade. No bolting an EM fund onto a developed-markets one to cover the map.ssga.com
- 0.30% a year, against a 0.45% median for its index-tracking peer group.
- It hugs the MSCI ACWI ex USA Index closely, one of the tighter tracking records in its peer group.
- Live since 2007 with a multi-billion-dollar asset base behind it, run by State Street's SPDR desk.
Worth knowing
- Cheap for its cohort, not at the floor. VT charges 0.06% for a whole-world portfolio, though that one keeps US stocks in the mix.
- Emerging markets ride in the same wrapper as Europe and Japan. That exposure comes as part of the package, with no dial to turn it down.ssga.com
- Distributions land once or twice a year, so income shows up in lumps rather than a monthly drip.
CWI Holdings
- Stocks
- 1,134
- 16%
- 2330.TW
Sectors
- Financials25.3%
- Technology22.4%
- Industrials13.9%
- Consumer Discretionary7.1%
- Health Care6.7%
- Materials6.3%
- Energy5.2%
- Communication4.8%
- Consumer Staples4.6%
- Utilities2.7%
- Real Estate1.1%
Geography
- Japan21.35%
- Canada13.77%
- Taiwan (Province of China)12.69%
- United States8.18%
- Switzerland7.75%
- China7.01%
- Australia5.49%
- United Kingdom3.43%
- 20.32%
Developed 72% · Emerging 28%
CWI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
CWI$12,008
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CWI |
|---|---|
| Year to date | +12.9% |
| 1 month | −2.8% |
| 3 months | −1.1% |
| 1 year | +20.1% |
| 3 years | +20.5% |
| 5 years | +9.8% |
| 10 years | +9.5% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CWI |
|---|---|---|
| 2026 YTD | +12.9% | |
| 2025 | +32.7% | |
| 2024 | +6.3% | |
| 2023 | +15.7% | |
| 2022 | −15.4% | |
| 2021 | +8.8% | |
| 2020 | +9.8% |
CWI in the news
CWI Dividends
- 2.73%
- $1.09
- $0.47 per share
- Twice a year
Distribution history
CWI Risk
- 11.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.30
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −28.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CWI Cost
0.30%
CWI0.30%
- The middle half of Total International Market funds
- Median 0.23%
5 of the 8 Total International Market funds charge less.
Other funds in Total International Market
- AVEUVanguard FTSE All-World ex-US ETFExpense ratio 0.04%1 year return +20.6%
- AIXUSiShares Core MSCI Total International Stock ETFExpense ratio 0.07%1 year return +20.2%
- BDFAXDimensional World ex U.S. Core Equity 2 ETFExpense ratio 0.28%1 year return +23.3%
- BACWXiShares MSCI ACWI ex U.S. ETFExpense ratio 0.32%1 year return +20.7%
- BGXUSGoldman Sachs MarketBeta Total International Equity ETFExpense ratio 0.18%1 year return +21.3%