SPDR® S&P® International Small Cap ETF GWX

NAV
$29.62
as of Dec 08 2022
Base Currency
USD
Assets Under Management
$675.26 M
as of Dec 08 2022
Gross Expense Ratio
0.40%

Key Features


  • The SPDR® S&P® International Small Cap ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P® Developed Ex-U.S. Under USD2 Billion Index (the “Index”)
  • Seeks to provide transparent access to developed small cap global markets outside the United States
  • To be included in the Index, a publicly listed company must have a total market capitalization between $100 million and $2 billion, and be located in a country that meets the BMI Developed World Series criteria


About this Benchmark


The S&P® Developed Ex-U.S. Under USD2 Billion Index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded small-cap companies, as defined by the Index, domiciled in developed countries outside the United States. The Index component securities are a subset, based on market capitalization and region, of component securities included in the S&P Global BMI (Broad Market Index). The S&P Global BMI is a rules-based index that measures global stock market performance. A country will be eligible for inclusion in the S&P Global BMI if it is classified as either a developed or emerging market by the S&P Global Equity Index Committee. The Index is “float-adjusted,” meaning that only those shares publicly available to investors are included in the Index calculation.


Fund Information as of Dec 09 2022

Benchmark S&P Developed Ex-U.S. Under USD2 Billion Index
Inception Date Apr 20 2007
Options Available Yes
Gross Expense Ratio
0.40%
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 Semi-Annually

Listing Information as of Dec 09 2022

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Apr 20 2007 USD GWX 78463X871 US78463X8719

Fund Characteristics as of Dec 08 2022

Est. 3-5 Year EPS Growth
10.55%
Number of Holdings 2,419
Price/Book Ratio
1.02
Price/Earnings Ratio FY1
10.77
Weighted Average Market Cap $944.93 M

Index Characteristics as of Dec 08 2022

Est. 3-5 Year EPS Growth 9.39%
Number of Holdings 3,719
Price/Cash Flow 5.79
Price/Earnings 9.57
Price/Earnings Ratio FY1 10.85

Index Statistics as of Dec 08 2022

Average Size Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$723.12 M $410.55 M $275.94 M $5,373.38 M $8.19 M

Yields as of Dec 07 2022

30 Day SEC Yield
2.40%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
3.65%
Index Dividend Yield
2.73%

Fund Market Price as of Dec 08 2022

Bid/Ask
$29.76
Closing Price
$29.79
Day High $29.80
Day Low $29.57
Exchange Volume (Shares)
20,166
Premium/Discount
0.47%
30-Day Median Bid/Ask Spread
0.10%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2021 First Quarter of 2022 Second Quarter of 2022 Third Quarter of 2022
Days Traded at Premium
159 40 28 33
Days Traded at Discount
93 22 34 31

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 Dec 08 2022

Net Cash Amount $1,618,657.31

Fund Net Asset Value as of Dec 08 2022

NAV
$29.62
Shares Outstanding 22.80 M
Assets Under Management $675.26 M

Fund Performance

  • Fund Inception Date: Apr 20 2007

as of Nov 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Apr 20 2007
Fund Before Tax
NAV Nov 30 2022 10.36% 13.70% -20.18% -16.80% 1.10% -0.55% 5.00% 2.35%
Market Value Nov 30 2022 12.38% 15.63% -18.94% -15.51% 1.60% -0.23% 5.15% 2.46%
S&P Developed Ex-U.S. Under USD2 Billion Nov 30 2022 10.24% 13.68% -21.12% -17.70% 0.90% -0.75% 4.92% 1.94%
Fund After Tax
Return after Taxes on Distributions Nov 30 2022 10.36% 13.70% -20.64% -17.65% 0.28% -1.60% 3.75% 1.43%
Return after Taxes on Distributions and Sale of Fund Shares Nov 30 2022 6.13% 8.11% -11.95% -9.63% 0.73% -0.62% 3.64% 1.63%
S&P Developed Ex-U.S. Under USD2 Billion Nov 30 2022 10.24% 13.68% -21.12% -17.70% 0.90% -0.75% 4.92% 1.94%

as of Sep 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Apr 20 2007
Fund Before Tax
NAV Sep 30 2022 -12.44% -9.12% -29.80% -30.36% -1.17% -2.28% 3.71% 1.53%
Market Value Sep 30 2022 -11.72% -9.84% -29.90% -30.01% -1.20% -2.36% 3.76% 1.52%
S&P Developed Ex-U.S. Under USD2 Billion Sep 30 2022 -12.57% -9.29% -30.61% -31.50% -1.39% -2.45% 3.61% 1.12%
Fund After Tax
Return after Taxes on Distributions Sep 30 2022 -12.44% -9.12% -30.20% -31.07% -1.97% -3.31% 2.48% 0.60%
Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2022 -7.36% -5.40% -17.61% -17.62% -0.91% -1.83% 2.69% 1.04%
S&P Developed Ex-U.S. Under USD2 Billion Sep 30 2022 -12.57% -9.29% -30.61% -31.50% -1.39% -2.45% 3.61% 1.12%

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: 0.40%


Top Holdings

as of Dec 08 2022
as of Dec 08 2022

Fund Top Holdings as of Dec 08 2022

Name Shares Held Weight
Advantage Energy Ltd 208,516 0.25%
NTT UD REIT Investment Corporation 1,474 0.23%
Shochiku Co. Ltd. 16,893 0.22%
Nakanishi Inc. 70,649 0.21%
Sydbank A/S 37,840 0.21%
Uni-Select Inc. 41,218 0.20%
Nippon Parking Development Co. Ltd. 775,891 0.20%
New Wave Group AB Class B 65,294 0.19%
NIPPON REIT Investment Corp 473 0.19%
NIKKON Holdings Co. Ltd. 70,638 0.18%
Download All Holdings: Daily

Index Top Holdings as of Dec 08 2022

Name Weight
Micro Focus International plc 0.15%
Osisko Gold Royalties Ltd 0.15%
Sinch AB 0.15%
Sydbank A/S 0.14%
Takashimaya Company Limited 0.14%
Perseus Mining Limited 0.14%
Konica Minolta Inc. 0.13%
Sapporo Holdings Limited 0.13%
Bravida Holding AB 0.13%
Net One Systems Co. Ltd. 0.13%

Sector Allocation

as of Dec 08 2022
as of Dec 08 2022

Fund Sector Breakdown as of Dec 08 2022

Sector Weight
Industrials 20.16%
Information Technology 13.72%
Consumer Discretionary 12.52%
Materials 12.13%
Financials 9.03%
Health Care 8.95%
Real Estate 7.77%
Consumer Staples 5.84%
Energy 4.45%
Communication Services 4.25%
Utilities 1.15%
Unassigned 0.03%

Index Sector Breakdown as of Dec 08 2022

Sector Weight
Industrials 20.26%
Information Technology 13.36%
Materials 12.95%
Consumer Discretionary 12.36%
Financials 9.06%
Health Care 8.74%
Real Estate 8.06%
Consumer Staples 5.83%
Energy 4.28%
Communication Services 3.96%
Utilities 1.11%
Unassigned 0.02%

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 S&P International Small Cap ETF.

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.

S&P - In net total return indices, the dividends are reinvested after the deduction of withholding tax. Tax rates are applied at the country level or at the index level.