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Launched · SEC filings

State Street SPDR S&P International Small Cap ETF

GWXNYSE ArcaSPDRA

$43.94+0.02 (+0.05%)

At close: Nov 2, 2026, 4:00 PM ET

A71/ 100

Rank 7 of 16 in International Small-Cap

A71/100Rank 7 of 16inInternational Small-Cap
Intraday session: up, 79 prints from 43.92 to 43.94. Range 43.67 to 45.59. Use the arrow keys to read each point.44.5045.0045.5010 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$903M
1Y total return
+13.3%
Yield · Last 12 months
2.72%
Holdings
2028
Avg volume · 30D
50.5K sh
52W range
low $38.17high $47.28
Launched
Filings
SEC EDGAR

The ETF.net GWX Grade

A

Score 71 out of 100

Category
International Small-Cap⁠
Rank
7 of 16
Six-pillar profile for GWX. Scores out of 100: Cost 70, Risk 44, Mission 100, Tradability 45, Holdings 86, Durability 66. Strongest: Mission (100). Weakest: Risk (44). Leans toward Mission.

Score 71 of 100 falls in the A 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.
    A70 out of 100
    Rank 4 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 11

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C44 out of 100
    Rank 10 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C45 out of 100
    Rank 9 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A86 out of 100
    Rank 1 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B66 out of 100
    Rank 4 of 16

Our read on GWX

ETF.net Research

In short

AA 2007-vintage way to own the small stuff overseas: about 2,100 developed-market companies, filtered by a hard USD 2 billion size ceiling written right into the index name.

Stated mandate

The fund seeks to track, before fees and expenses, the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index.

Why people hold it

  • The size cut is absolute, not relative: developed ex-US companies under USD 2 billion, so the portfolio stays in genuinely small territory instead of drifting up with the market.ssga.com
  • About 2,100 holdings spread across developed markets outside the US, so no single company or country carries the fund.
  • Trading since 2007, it has one of the longer track records in international small caps, spanning the 2008 crash and everything since.
  • A plain index tracker with no style drift: what it holds lines up with the mandate it advertises, and it sits in the upper half of its peer group.

Worth knowing

  • The 0.40% fee sits right at the category median, but broad rivals like VSS and SCHC charge a fraction of that.
  • Small foreign companies are a bumpy corner of the market, and the mandate says nothing about hedging, so the dollar moves your returns too.
  • Moderately traded rather than a volume leader in its category, which can mean wider spreads than the busiest funds in the group.

GWX Performance

Launched Apr 20, 2007

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GWX$11,328
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. GWX $11,328. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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.

Trailing total return for GWX. Periods over one year show the average yearly return.
PeriodGWX
Year to date+8.8%
1 month−4.0%
3 months+2.1%
1 year+13.3%
3 yearsper year+18.4%
5 yearsper year+5.1%
10 yearsper year+7.3%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GWX
YearReturn barGWX
2026 YTD+8.8%
2025+35.8%
2024+0.2%
2023+11.0%
2022−20.0%
2021+9.7%
2020+13.4%

GWX in the news

GWX Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
2.72%Last 12 months
Payout per share
$1.19Last 12 months
Last payment
$0.53 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 18 payments from 2017 to 2026 YTD. Dec 15, 2017 $1.84; Jun 15, 2018 $0.08; Dec 24, 2018 $0.74; Jun 24, 2019 $0.41; Dec 23, 2019 $0.68; Jun 22, 2020 $0.33; Dec 21, 2020 $0.29; Jun 21, 2021 $0.37; Dec 20, 2021 $0.67; Jun 21, 2022 $0.42; Dec 20, 2022 $0.38; Jun 20, 2023 $0.48; Dec 18, 2023 $0.36; Jun 24, 2024 $0.45; Dec 23, 2024 $0.39; Jun 23, 2025 $0.49; Dec 22, 2025 $0.67; Jun 22, 2026 $0.53. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 22, 2026Jun 26, 2026$0.53
Dec 22, 2025Dec 29, 2025$0.67
Jun 23, 2025Jun 27, 2025$0.49
Dec 23, 2024Dec 30, 2024$0.39
Jun 24, 2024Jun 28, 2024$0.45
Dec 18, 2023Dec 27, 2023$0.36
Jun 20, 2023Jun 27, 2023$0.48
Dec 20, 2022Dec 29, 2022$0.38
Jun 21, 2022Jun 28, 2022$0.42
Dec 20, 2021Dec 28, 2021$0.67
Jun 21, 2021Jun 28, 2021$0.37
Dec 21, 2020Dec 29, 2020$0.29

See all 36 payments⁠

$10,000 in GWX 10 years ago paid $3,571 in dividends.⁠

GWX Risk

Risk pillarC44 out of 100Rank 10 of 16 in International Small-Cap
How much the fund’s monthly returns vary, scaled to a year.
14.9%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.98
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−33.4%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.10
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

GWX Cost

Compare GWX and VSS

Overpaying vs VSS, tied cheapest in International Small-Cap

$6,820

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GWX 0.40%

    $8,090

  • VSS 0.06% Tied cheapest

    $1,270

$10,000
30 years

Cost over time

  • GWX 0.40%
  • VSS 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530GWX $8,090VSS $1,270

Year by year

YearGWXVSSOverpaying
10$723$110$613
20$2,793$432$2,361
30$8,090$1,270$6,820

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