State Street SPDR Portfolio Developed World ex-US ETF
$50.83−0.89 (−1.71%)
- Expense ratio
- 0.03%
- Fund size
- $41.7B
- 1Y return
- +24.6%
- Yield · Last 12 months
- 2.93%
- Holdings
- 2441
- Volume · 30D
- 2.8M sh
- NAV per share
- $51.10
- 52W range
The ETF.net SPDW Grade
Score 79 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 90Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 46Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 56Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 85Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 75Category rank
Our read on SPDW
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.
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
- Stocks
- 2,441
- 13%
- SMSN
Sectors
- Financials24.2%
- Industrials17.9%
- Technology15.2%
- Health Care8.0%
- Consumer Discr.7.7%
- Materials7.4%
- Cons. Staples5.5%
- Energy5.0%
- Communication3.9%
- Utilities3.0%
- Real Estate2.2%
Geography
- Japan22.42%
- United Kingdom10.74%
- Canada10.50%
- South Korea8.72%
- Switzerland6.84%
- Germany6.24%
- France6.21%
- Australia5.39%
- 22.93%
Developed 90% · Emerging 10%
SPDW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | SPDW |
|---|---|
| Year to date | +18.1% |
| 1 month | −0.6% |
| 3 months | +1.1% |
| 1 year | +24.6% |
| 3 years | +21.6% |
| 5 years | +10.2% |
| 10 years | +9.9% |
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 | SPDW |
|---|---|---|
| 2026 YTD | +18.1% | |
| 2025 | +34.7% | |
| 2024 | +3.5% | |
| 2023 | +17.8% | |
| 2022 | −16.0% | |
| 2021 | +11.4% | |
| 2020 | +9.9% |
SPDW in the news
ETF.net Research hasn’t filed on SPDW yet — coverage lands here as it’s written.
SPDW Dividends
- 2.93%
- $1.52
- $0.72 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 22, 2026 | Jun 26, 2026 | $0.72 |
| Dec 22, 2025 | Dec 29, 2025 | $0.79 |
| Jun 23, 2025 | Jun 27, 2025 | $0.67 |
| Dec 23, 2024 | Dec 30, 2024 | $0.47 |
| Jun 24, 2024 | Jun 28, 2024 | $0.62 |
| Dec 18, 2023 | Dec 27, 2023 | $0.35 |
| Jun 20, 2023 | Jun 27, 2023 | $0.58 |
| Dec 20, 2022 | Dec 29, 2022 | $0.34 |
| Jun 21, 2022 | Jun 28, 2022 | $0.59 |
| Dec 20, 2021 | Dec 28, 2021 | $0.60 |
| Jun 21, 2021 | Jun 28, 2021 | $0.51 |
| Dec 21, 2020 | Dec 29, 2020 | $0.32 |
SPDW Risk
- 13.1%
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.
- 1.16
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.
- −29.9%
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.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPDW Cost
- The middle half of Developed International Core funds
- Median 0.09%
No Developed International Core fund charges less.