SPDR® Dow Jones® International Real Estate ETF RWX

NAV
$28.44
as of Jan 26 2023
Base Currency
USD
Assets Under Management
$497.29 M
as of Jan 26 2023
Gross Expense Ratio
0.59%

Key Features


  • The SPDR® Dow Jones® International Real Estate ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Dow Jones® Global ex-U.S. Select Real Estate Securities IndexSM (the “Index”)
  • Seeks to provide exposure to the publicly traded real estate securities in non-U.S. developed and emerging markets


About this Benchmark


The Dow Jones® Global ex-U.S. Select Real Estate Securities IndexSM is a float-adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in countries excluding the United States. The Index’s composition is reviewed quarterly. The Index is a measure of the types of global real estate securities that represent the ownership and operation of commercial or residential real estate. The Index includes equity Real Estate Investment Trusts (“REITs”) and real estate operating companies that meet a defined criteria, as summarized in the Fund’s prospectus. The Index is rebalanced quarterly effective after the close of trading on the third Friday in March, June, September and December. The reference date is the third Friday of February, May, August, and November.

Please see the section of the fund’s prospectus entitled “The Fund’s Principal Investment Strategy” for additional information regarding the Index.


Fund Information as of Jan 27 2023

Benchmark Dow Jones Global ex-U.S. Select Real Estate Securities Index
Inception Date Dec 15 2006
Options Available Yes
Gross Expense Ratio
0.59%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Jan 27 2023

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Dec 15 2006 USD RWX 78463X863 US78463X8636

Fund Characteristics as of Jan 25 2023

Est. 3-5 Year EPS Growth
3.26%
Number of Holdings 139
Price/Book Ratio
0.87
Price/Earnings Ratio FY1
16.59
Weighted Average Market Cap $6,685.60 M

Index Characteristics as of Jan 25 2023

Est. 3-5 Year EPS Growth 3.39%
Number of Holdings 139
Price/Cash Flow 13.84
Price/Earnings 14.77
Price/Earnings Ratio FY1 16.65

Index Statistics as of Jan 25 2023

Average Size Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$5,474.20 M $3,141.48 M $2,175.14 M $17,137.82 M $232.11 M

Yields as of Jan 25 2023

30 Day SEC Yield
3.35%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
3.81%
Index Dividend Yield
4.48%

Fund Market Price as of Jan 26 2023

Bid/Ask
$28.60
Closing Price
$28.62
Day High $28.62
Day Low $28.46
Exchange Volume (Shares)
13,921
Premium/Discount
0.58%
30-Day Median Bid/Ask Spread
0.15%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2022
Days Traded at Premium
111
Days Traded at Discount
140

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Jan 26 2023

Net Cash Amount $1,874,568.35

Fund Net Asset Value as of Jan 26 2023

NAV
$28.44
Shares Outstanding 17.49 M
Assets Under Management $497.29 M

Fund Performance

  • Fund Inception Date: Dec 15 2006

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 15 2006
Fund Before Tax
NAV Dec 31 2022 1.69% 11.95% -21.85% -21.85% -8.16% -3.19% 0.53% -0.13%
Market Value Dec 31 2022 0.39% 11.89% -21.88% -21.88% -8.11% -3.16% 0.38% -0.14%
Dow Jones Global ex-U.S. Select Real Estate Securities Index Dec 31 2022 1.73% 11.90% -22.11% -22.11% -8.26% -3.14% 0.72% 0.15%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 1.27% 11.48% -23.09% -23.09% -9.38% -4.82% -1.10% -1.66%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 1.00% 7.07% -12.93% -12.93% -6.37% -2.71% -0.01% -0.47%
Dow Jones Global ex-U.S. Select Real Estate Securities Index Dec 31 2022 1.73% 11.90% -22.11% -22.11% -8.26% -3.14% 0.72% 0.15%

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 15 2006
Fund Before Tax
NAV Dec 31 2022 1.69% 11.95% -21.85% -21.85% -8.16% -3.19% 0.53% -0.13%
Market Value Dec 31 2022 0.39% 11.89% -21.88% -21.88% -8.11% -3.16% 0.38% -0.14%
Dow Jones Global ex-U.S. Select Real Estate Securities Index Dec 31 2022 1.73% 11.90% -22.11% -22.11% -8.26% -3.14% 0.72% 0.15%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 1.27% 11.48% -23.09% -23.09% -9.38% -4.82% -1.10% -1.66%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 1.00% 7.07% -12.93% -12.93% -6.37% -2.71% -0.01% -0.47%
Dow Jones Global ex-U.S. Select Real Estate Securities Index Dec 31 2022 1.73% 11.90% -22.11% -22.11% -8.26% -3.14% 0.72% 0.15%

Past performance is not a reliable indicator of future performance. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  All results are historical and assume the reinvestment of dividends and capital gains. It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.59%


Top Holdings

as of Jan 25 2023
as of Jan 25 2023

Fund Top Holdings as of Jan 25 2023

Name Shares Held Weight
Mitsui Fudosan Co. Ltd. 1,091,300 4.09%
Link Real Estate Investment Trust 2,403,894 3.94%
SEGRO plc 1,383,725 2.82%
Scentre Group 5,938,946 2.61%
Wharf Real Estate Investment Company Limited 1,766,000 2.11%
CapitaLand Integrated Commercial Trust 5,740,233 1.87%
CapitaLand Investment Limited 2,798,403 1.72%
Nippon Building Fund Inc. 1,947 1.72%
CapitaLand Ascendas REIT 3,831,489 1.69%
Swiss Prime Site AG 87,804 1.60%
Download All Holdings: Daily

Index Top Holdings as of Jan 25 2023

Name Weight
Mitsui Fudosan Co. Ltd. 4.10%
Link Real Estate Investment Trust 3.95%
SEGRO plc 2.82%
Scentre Group 2.62%
Wharf Real Estate Investment Company Limited 2.12%
CapitaLand Integrated Commercial Trust 1.88%
CapitaLand Investment Limited 1.73%
Nippon Building Fund Inc. 1.72%
CapitaLand Ascendas REIT 1.70%
Swiss Prime Site AG 1.61%

Sector Allocation

as of Jan 25 2023
as of Jan 25 2023

Fund Sector Breakdown as of Jan 25 2023

Sector Weight
REOC 25.33%
Industrial/Office 23.80%
Diversified 20.42%
Retail 20.15%
Residential 4.69%
Hotels 2.03%
Healthcare 1.93%
Self Storage 1.61%
Unassigned 0.05%

Index Sector Breakdown as of Jan 25 2023

Sector Weight
REOC 25.37%
Industrial/Office 23.78%
Diversified 20.42%
Retail 20.13%
Residential 4.68%
Hotels 2.03%
Healthcare 1.93%
Self Storage 1.61%
Unassigned 0.05%

Geographical Breakdown


Purchase Information


Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions may apply.


In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

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.

Unless otherwise noted all information contained herein is that of the SPDR Dow Jones International Real Estate ETF.

Dow Jones and Dow Jones Total Stock Market Indexes are service marks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by State Street Bank and Trust. SPDR ETFs based on the Dow Jones Indexes, are not sponsored, endorsed, sold or promoted by Dow Jones and Dow Jones makes no representation regarding the advisability of investing in such product(s).

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.