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SPDR® S&P® World ex Australia Carbon Control (Hedged) Fund WXHG

NAV

NAV

Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

AUD $25.69
as of 13 Jun 2024
Base Currency
AUD
1 Day Nav Change
- AUD $0.04 (-0.17%)
as of 13 Jun 2024
Assets Under Management
AUD $260.44 M
as of 13 Jun 2024
Management Costs
0.21% p.a.

Key Features

  • Reduce Concentration Risk - Access approximately 1,000 companies and industries not accessible in Australia.
  • Currency Risk Mitigation - Fully hedged to reduce the impact of foreign currency volatility on equity returns.
  • ESG Screened - Screens out companies that derive material revenue from objectionable practices, industries or product lines, as well as those with relatively poor ESG ratings.
  • Diversification - Low-cost access to large- and mid-cap stocks across developed markets.
  • Less Carbon - Utilising carbon data from a leading provider, S&P Global Trucost, to greatly reduce average carbon intensity.
  • Australian Domiciled - Registered and regulated in Australia (US Tax Forms, such as a W-8BEN Form, are not required from investors).

Fund Objective

The SPDR® S&P® World ex Australia Carbon Control (Hedged) Fund seeks to closely track, before fees and expenses, the returns of the S&P Developed Ex-Australia LargeMidCap Carbon Control AUD Hedged Index.

About this Benchmark

The S&P Developed Ex-Australia LargeMidCap Carbon Control AUD Hedged Index is designed to measure the return of the S&P Developed Ex-Australia LargeMidCap Carbon Control Index while hedging the Australian Dollar risk.

Fund Information as of 14 Jun 2024

Ticker Symbol WXHG
Benchmark S&P Developed Ex-Australia LargeMidCap Carbon Control AUD Hedged Index
Inception Date 08 Jul 2013
Management Costs 0.21% p.a.
Base Currency AUD
Countries of Registration Australia
Domicile Australia
Regulatory Structure Registered Managed Investment Scheme
Replication Method Replicated
Investment Manager State Street Global Advisors, Australia, Limited ABN 42 003 914 225
Responsible Entity State Street Global Advisors, Australia Services Limited ABN 16 108 671 441
Distribution Frequency Annually

Research Ratings

Ratings Information
Morningstar Medalist Rating™ Silver
Assigned on 14/02/24
Analyst-Driven % 100
Data Coverage % 100
Lonsec Recommended Index (Oct 2023)
Zenith Recommended (Nov 2023)
Morningstar Silver Shield 400x200
Lonsec Recommended Index 400x200
Zenith Recommended

To request a copy of the Research House Ratings Reports for our funds, please click here.

Listing Information as of 14 Jun 2024

Primary Exchange ASX Quotation Date Trading Currency ASX Stock Code Bloomberg Ticker ISIN
Australian Securities Exchange 09 Jul 2013 AUD WXHG WXHG AU AU00000WXHG6

Fund Characteristics as of 13 Jun 2024

Weighted Average Market Cap AUD $1,002,509.50 M
Est. 3-5 Year EPS Growth

Est. 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimates.

15.83%
Dividend Yield

Fund Dividend Yield is the weighted average dividend yield of the stocks in the portfolio divided by the current market price of the stocks in the portfolio, as expressed as a percentage.

Index Dividend Yield is the weighted average of the underlyings´ indicated annual dividend divided by price, expressed as a percentage.

1.76%
Price/Earnings

Price/Earnings

The weighted average of each security's P/E. P/E is calculated by dividing the closing price as of the report date by the mean EPS for the last 12 months as of the report date.

22.60
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted average of each security's FY1 P/E. FY1 P/E is calculated by dividing the closing price as of the report date by the mean EPS estimate for the next unreported fiscal year as of the report date.

19.44
Price/Cash Flow

Price/Cash Flow

The weighted average of the underlying security's Price to Cash Flow ratio. Price to Cash Flow ratio is calculated by dividing the closing price as of the report date by the cash flow per share as of the last fiscal year as of the report date.

12.30
Return on Equity

Return on Equity

The weighted average of the rate of return for each security in the fund. ROE is a measure of how well a company used reinvested earnings to generate additional earnings.

25.70%
Total Market Capitalisation AUD $68,957,280.00 M
Number of Holdings 846

Index Characteristics as of 13 Jun 2024

Weighted Average Market Cap AUD $1,001,968.90 M
Est. 3-5 Year EPS Growth

Est. 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimates.

15.80%
Dividend Yield

Fund Dividend Yield is the weighted average dividend yield of the stocks in the portfolio divided by the current market price of the stocks in the portfolio, as expressed as a percentage.

Index Dividend Yield is the weighted average of the underlyings´ indicated annual dividend divided by price, expressed as a percentage.

1.76%
Price/Earnings

Price/Earnings

The weighted average of each security's P/E. P/E is calculated by dividing the closing price as of the report date by the mean EPS for the last 12 months as of the report date.

22.55
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted average of each security's FY1 P/E. FY1 P/E is calculated by dividing the closing price as of the report date by the mean EPS estimate for the next unreported fiscal year as of the report date.

19.43
Price/Cash Flow

Price/Cash Flow

The weighted average of the underlying security's Price to Cash Flow ratio. Price to Cash Flow ratio is calculated by dividing the closing price as of the report date by the cash flow per share as of the last fiscal year as of the report date.

12.27
Return on Equity

Return on Equity

The weighted average of the rate of return for each security in the fund. ROE is a measure of how well a company used reinvested earnings to generate additional earnings.

25.76%
Total Market Capitalisation AUD $68,950,460.00 M

Fund Net Asset Value as of 13 Jun 2024

NAV

NAV

Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

AUD $25.69
Assets Under Management AUD $260.44 M
Units on Issue 10,137,307

Fund Performance

  • Fund Inception Date: 08 Jul 2013

as of 31 May 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year (p.a.) 5 Year (p.a.) Since Inception (p.a.)
08 Jul 2013
Fund Distribution Return 31 May 2024 0.00% 0.00% 0.00% 7.08% 10.58% 8.62% 5.63%
Fund Growth Return 31 May 2024 3.95% 3.79% 10.26% 16.20% -3.99% 2.72% 4.86%
Fund Total Return 31 May 2024 3.95% 3.79% 10.26% 23.28% 6.59% 11.34% 10.49%
Benchmark
S&P Developed Ex-Australia LargeMidCap Carbon Control AUD Hedged Index

Index Change: "Benchmark" reflects linked performance returns of both the S&P Developed ex Australia LargeMidCap AUD Hedged Index and the S&P Developed Ex-Australia LargeMidCap Carbon Control AUD Hedged Index. The index returns are reflective of the S&P Developed ex Australia LargeMidCap AUD Hedged Index from fund inception until 01/31/2022 and of the S&P Developed Ex-Australia LargeMidCap Carbon Control AUD Hedged Index effective 01/31/2022 to present.

31 May 2024 3.98% 3.82% 10.31% 23.52% 6.67% 11.57% 10.86%

Past Performance is not a reliable indicator of future performance. Performance returns for periods of less than one year are not annualised and have been calculated based on changes in the net asset value of the Fund rather than the last quoted price. The Total Return is the sum of the Growth (or Price) Return and Distribution Return and is shown net of management fees and costs but does not reflect the brokerage fees or the bid/ask spread that investors pay to buy and sell ETF securities on the Australian Securities Exchange. Distributions are assumed to be reinvested under the Dividend Reinvestment Program (DRP). Investment returns and principal value will fluctuate, so you may have a gain or loss when units are sold. Current performance may be higher or lower than that quoted. The index returns are unmanaged and do not reflect the deduction of any fees or expenses. The index returns reflect all items of income, gain and loss and the reinvestment of dividends (net of withholding tax) and other income.

All SPDR ETFs, aside from the SPDR® S&P 500® ETF Trust and the SPDR® S&P®/ASX 200 Listed Property Fund are managed on an accumulation basis, with income reinvested into investable securities. This means that subsequent application and redemption activity could distort the nature and size of distributions. The proportion of total return attributable to income versus capital growth may differ from the relevant index.

Index Change: "Benchmark" reflects linked performance returns of both the S&P Developed ex Australia LargeMidCap AUD Hedged Index and the S&P Developed Ex-Australia LargeMidCap Carbon Control AUD Hedged Index. The index returns are reflective of the S&P Developed ex Australia LargeMidCap AUD Hedged Index from fund inception until 01/31/2022 and of the S&P Developed Ex-Australia LargeMidCap Carbon Control AUD Hedged Index effective 01/31/2022 to present.

Fund History as of 31 May 2024

Growth of $10,000: SPDR® S&P® World ex Australia Carbon Control (Hedged) Fund

Fund Inception Date: 08 Jul 2013

Currency: AUD

Top Holdings

Subject to change.

as of 13 Jun 2024
as of 13 Jun 2024

Fund Holdings Exposure as of 13 Jun 2024

Name Weight
SPDR S&P WORLD EX AUSTRALIA CARBON CONTROL FUND 99.91%

Fund Top 10 Underlying Holdings as of 13 Jun 2024

Name Weight
Nvidia 5.54%
Apple Inc. 5.31%
Microsoft Corp 5.08%
Alphabet Class A 1.69%
Meta Platforms Inc 1.64%
Alphabet Class C 1.41%
Lilly (Eli) & Co 1.23%
Tesla 1.10%
Coca-Cola 1.03%
Download All Holdings: Daily

Index Holdings Exposure as of 13 Jun 2024

Name Weight
Nvidia 5.55%
Apple Inc. 5.30%
Microsoft Corp 5.07%
Alphabet Class A 1.67%
Meta Platforms Inc 1.64%
Alphabet Class C 1.42%
Lilly (Eli) & Co 1.23%
Tesla 1.10%
Coca-Cola 1.03%
Jpmorgan Chase & Co 0.96%

Sector Allocation

as of 13 Jun 2024
as of 13 Jun 2024

Fund Sector Exposure as of 13 Jun 2024

Sector Weights
Information Technology 28.90%
Financials 18.05%
Health Care 14.58%
Consumer Discretionary 9.06%
Industrials 8.65%
Communication Services 8.63%
Consumer Staples 5.74%
Materials 2.42%
Real Estate 2.24%
Utilities 1.74%

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Index Sector Exposure as of 13 Jun 2024

Sector Weights
Information Technology 28.90%
Financials 18.06%
Health Care 14.55%
Consumer Discretionary 9.07%
Industrials 8.67%
Communication Services 8.63%
Consumer Staples 5.74%
Materials 2.40%
Real Estate 2.23%
Utilities 1.74%

Fund Geographical Exposure

Weights shown exclude cash and futures. Approximately half of the Fund's exposure to Korea is obtained via futures.

as of 13 Jun 2024

Name Weight
Name Weight
United States 67.15%
Japan 8.15%
United Kingdom 4.38%
Canada 2.87%
Switzerland 2.72%
Germany 2.68%
France 2.06%
South Korea 1.91%
Netherlands 1.59%
Denmark 1.20%
Sweden 1.19%
Italy 0.87%
Spain 0.84%
Hong Kong 0.51%
Singapore 0.43%
Finland 0.34%
Belgium / Luxembourg 0.31%
Norway 0.23%
Israel 0.21%
New Zealand 0.13%
Ireland 0.08%
Austria 0.08%
Portugal 0.06%

Distribution History as of 30 Jun 2023

Ex- Date Record Date Payment Date Dollars Per Unit Distribution

The amount distributed per unit.

Franking Credits

Franking credits per unit.

Foreign Tax Credits

Foreign tax credits per unit.

DRP Price

DRP stands for “Distribution Reinvestment Plan”. This is the price applied when calculating the number of units to be issued to an investor who has elected or defaulted to re-invest their distribution back into the fund as additional units and is the net asset value per unit calculated as at the next business day after the distribution record date.

29 Jun 2023 30 Jun 2023 12 Jul 2023 1.306240 0.000000 0.055463 21.4447
29 Jun 2022 30 Jun 2022 12 Jul 2022 4.942945 0.000000 0.072661 19.5795
29 Jun 2021 30 Jun 2021 12 Jul 2021 0.848300 0.000000 0.065834 28.361
29 Jun 2020 30 Jun 2020 10 Jul 2020 0.979204 0.000000 0.065803 21.4907
27 Jun 2019 28 Jun 2019 11 Jul 2019 1.027185 0.000000 0.072130 22.4277
28 Jun 2018 29 Jun 2018 11 Jul 2018 0.510868 0.000000 0.063564 21.9598
29 Jun 2017 30 Jun 2017 11 Jul 2017 0.636340 0.000000 0.055505 20.3661
29 Jun 2016 30 Jun 2016 11 Jul 2016 0.686203 0.000000 0.056373 17.394
26 Jun 2015 30 Jun 2015 09 Jul 2015 0.977993 0.000000 0.000000 18.5594
26 Jun 2014 30 Jun 2014 09 Jul 2014 0.423951 0.000000 0.036440 17.7906

The tables above show historical distributions from the funds. Historical distributions are no indication of future distributable income.

The distribution components are as calculated and reported to the Australian Securities Exchange ("ASX") at the time of each distribution. The year end components reported to investors in their annual tax statements, once all year end information is finalised, may be different.

The ability of the Funds to pay distributions depends on, among other things, the dividends and distributions declared and paid by the companies whose securities are held by the Funds. There can be no assurance that such securities will pay dividends or other earnings. For further information on distributions, including tax implications, please refer to the relevant fund PDS. However, the information contained therein is not tax advice and investors should obtain their own professional tax and or financial advice.

Purchase Information

SPDR ETFs are flexible and easy to trade. Investors buy and sell them like shares, typically through a stock broker. Investors can also employ traditional share trading techniques, including stop orders, limit orders and margin purchases (if available).

To purchase a SPDR fund, please consult your stock broker or financial adviser.

Risk associated with equity investing include stock values which may fluctuate in response to the activities of individual companies and general market and economic conditions.

Investing in foreign domiciled securities may involve risk of capital loss from unfavorable fluctuation in currency values, withholding taxes, from differences in generally accepted accounting principles or from economic or political instability in other nations.

Investments in emerging or developing markets may be more volatile and less liquid than investing in developed markets and may involve exposure to economic structures that are generally less diverse and mature and to political systems which have less stability than those of more developed countries.

Investments in mid-sized companies may involve greater risks than in those of larger, better known companies, but may be less volatile than investments in smaller companies.

Companies with large market capitalizations go in and out of favor based on market and economic conditions. Larger companies tend to be less volatile than companies with smaller market capitalizations. In exchange for this potentially lower risk, the value of the security may not rise as much as companies with smaller market capitalizations.

Currency Risk is a form of risk that arises from the change in price of one currency against another. Whenever investors or companies have assets or business operations across national borders, they face currency risk if their positions are not hedged. Currency Hedging involves taking offsetting positions to reduce exposure to different currencies. These currency exchange contracts may reduce or eliminate some or all of the benefit that an investment may experience from favorable currency fluctuations.

The returns on a portfolio of securities which exclude companies that do not meet the portfolio's specified ESG criteria may trail the returns on a portfolio of securities which include such companies. A portfolio's ESG criteria may result in the portfolio investing in industry sectors or securities which underperform the market as a whole.