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Launched · SEC filings

State Street SPDR Portfolio Developed World ex-US ETF

SPDWNYSE ArcaSPDRA

$49.45+0.10 (+0.20%)

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

A80/ 100

Rank 2 of 21 in Developed International Core

A80/100Rank 2 of 21inDeveloped International Core
Intraday session: up, 79 prints from 49.35 to 49.45. Range 49.45 to 49.91. Use the arrow keys to read each point.49.6049.7049.8049.9010 AM12 PM2 PM4 PM
Expense ratio
0.03%
Fund size
$41.4B
1Y total return
+17.0%
Yield · Last 12 months
3.07%
Holdings
2444
Avg volume · 30D
2.8M sh
52W range
low $41.99high $52.43
Launched
Filings
SEC EDGAR

The ETF.net SPDW Grade

A

Score 80 out of 100

Category
Developed International Core⁠
Rank
2 of 21
Six-pillar profile for SPDW. Scores out of 100: Cost 90, Risk 43, Mission 100, Tradability 66, Holdings 87, Durability 76. Strongest: Mission (100). Weakest: Risk (43). Leans toward Mission.

Score 80 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.
    A90 out of 100
    Rank 1 of 21

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 18

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C43 out of 100
    Rank 19 of 21

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B66 out of 100
    Rank 6 of 21

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A87 out of 100
    Rank 2 of 20

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A76 out of 100
    Rank 5 of 21

Our read on SPDW

ETF.net Research

In short

ADeveloped markets outside the US, roughly 2,400 stocks deep, for three basis points. State Street's 2007-vintage international core: priced at the category floor and built wide rather than mega-cap-only.

Stated mandate

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

Why people hold it

  • 0.03% is the floor for this category. It matches VEA and SCHF penny for penny and sits far under what the typical developed-markets index fund charges.
  • Roughly 2,400 names across developed markets ex-US. The S&P Developed Ex-U.S. BMI is a broad-market index, so the sweep runs well past the household-name giants.
  • Tracking is among the tightest in its peer group, and it's a multi-billion-dollar fund that trades actively, which helps at the point of execution.
  • Trading since 2007 under one of the largest ETF issuers, a long operating history for a fund at this price point.

Worth knowing

  • Developed markets only. No US stocks, no emerging markets, by mandate. This is one slice of a global allocation, not the whole map.
  • Plain index exposure to foreign equities, with no hedge or defensive screen in the mandate. Overseas market swings pass straight through.
  • Distributions arrive once or twice a year rather than quarterly or monthly, so the income rhythm is lumpier than some peers.

SPDW Holdings

Holdings pillarA87 out of 100Rank 2 of 20 in Developed International Core
Asset class
Stocks
Holdings
2,444
Top-10 weight
13%
Largest holding
SMSN2.4%

Sectors

  • Financials23.9%
  • Industrials17.7%
  • Technology14.8%
  • Health Care8.5%
  • Consumer Discretionary8.0%
  • Materials7.1%
  • Consumer Staples5.8%
  • Energy5.5%
  • Communication3.4%
  • Utilities3.3%
  • Real Estate2.2%

Geography

  • Japan22.30%
  • Canada11.04%
  • United Kingdom10.74%
  • South Korea8.17%
  • Switzerland7.18%
  • Germany6.22%
  • France5.97%
  • Australia5.62%
  • Other countries (22)22.77%

Developed 90% · Emerging 10% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 163.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1SMSNSamsung Electr Gdr Reg’s2.39%227,841$983M5
2A000660Sk Hynix Inc2.01%724,614$827M8
3ASMLAsml Holding NV1.96%481,177$808M211
4ROP.SWRoche Holding AG1.03%870,971$423M203
5SHELShell PLC0.95%7,224,504$390M72
6HSBAHsbc Holdings PLC0.89%21,267,432$368M10
7NOVN.SWNovartis AG Reg0.89%2,280,707$365M189
8RY.TORoyal Bank of Canada0.87%1,734,713$358M96
9AZNAstrazeneca PLC0.82%1,924,957$336M70
108306.TMitsubishi Ufj Financial Gro0.80%15,103,624$331M162
11NESN.SWNestle SA Reg0.78%3,223,340$323M165
12SAPSap SE0.72%1,264,116$295M56
137203.TToyota Motor Corp0.71%15,040,700$293M149
14SIESiemens AG Reg0.68%910,652$278M12
15TD.TOToronto Dominion Bank0.64%2,061,373$263M95

Showing 1–15 of 2444 holdings

SPDW 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.

SPDW$11,704
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SPDW $11,704. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 SPDW. Periods over one year show the average yearly return.
PeriodSPDW
Year to date+12.7%
1 month−1.7%
3 months−1.4%
1 year+17.0%
3 yearsper year+21.8%
5 yearsper year+9.1%
10 yearsper year+9.8%

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 SPDW
YearReturn barSPDW
2026 YTD+12.7%
2025+34.7%
2024+3.5%
2023+17.8%
2022−16.0%
2021+11.4%
2020+9.9%

SPDW in the news

SPDW 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 Oct 30, 2026.
3.07%Last 12 months
Payout per share
$1.52Last 12 months
Last payment
$0.72 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. 19 payments from 2017 to 2026 YTD. Jun 16, 2017 $0.36; Dec 15, 2017 $0.23; Jun 15, 2018 $0.53; Dec 24, 2018 $0.28; Jun 24, 2019 $0.58; Dec 23, 2019 $0.40; Jun 22, 2020 $0.31; Dec 21, 2020 $0.32; Jun 21, 2021 $0.51; Dec 20, 2021 $0.60; Jun 21, 2022 $0.59; Dec 20, 2022 $0.34; Jun 20, 2023 $0.58; Dec 18, 2023 $0.35; Jun 24, 2024 $0.62; Dec 23, 2024 $0.47; Jun 23, 2025 $0.67; Dec 22, 2025 $0.79; Jun 22, 2026 $0.72. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 22, 2026Jun 26, 2026$0.72
Dec 22, 2025Dec 29, 2025$0.79
Jun 23, 2025Jun 27, 2025$0.67
Dec 23, 2024Dec 30, 2024$0.47
Jun 24, 2024Jun 28, 2024$0.62
Dec 18, 2023Dec 27, 2023$0.35
Jun 20, 2023Jun 27, 2023$0.58
Dec 20, 2022Dec 29, 2022$0.34
Jun 21, 2022Jun 28, 2022$0.59
Dec 20, 2021Dec 28, 2021$0.60
Jun 21, 2021Jun 28, 2021$0.51
Dec 21, 2020Dec 29, 2020$0.32

See all 36 payments⁠

$10,000 in SPDW 10 years ago paid $3,816 in dividends.⁠

SPDW Risk

Risk pillarC43 out of 100Rank 19 of 21 in Developed International Core
How much the fund’s monthly returns vary, scaled to a year.
12.7%
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.
1.27
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.
−29.9%
Trough Sep 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.
1.03
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.

SPDW Cost

Tied cheapest in Developed International Core

$638

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

  • SPDW 0.03%

    $638

$10,000
30 years

Cost over time

  • SPDW 0.03%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$200$400$600$800051015202530SPDW $638

Year by year

YearSPDW
10$55
20$216
30$638

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