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ISIN
US78463X7729
CUSIP
78463X772
Inception Date
Feb 12, 2008
Region
Developed Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
S&P International Dividend Opportunities Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$517M

Share Price Chart


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Performance

DWX Performance Chart

SPDR S&P International Dividend ETF (DWX) is up 6.3% since the beginning of the year. DWX is currently trading at $46 per share. Investors who bought $1,000 worth of DWX shares 5 years ago would now be looking at an investment worth $1,438.


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S&P 500 Index

Returns By Period

SPDR S&P International Dividend ETF (DWX) has returned 6.32% so far this year and 16.05% over the past 12 months. Over the last ten years, DWX has returned 7.87% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


SPDR S&P International Dividend ETF

1D
-0.12%
1M
-0.67%
YTD
6.32%
6M
7.53%
1Y
16.05%
3Y*
15.47%
5Y*
7.53%
10Y*
7.87%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DWX Monthly Returns History

Based on dividend-adjusted daily data since Feb 19, 2008, DWX's average daily return is +0.02%, while the average monthly return is +0.38%. At this rate, an investment would double in approximately 15.2 years.

Historically, 55% of months were positive and 45% were negative. The best month was Apr 2009 with a return of +26.2%, while the worst month was Oct 2008 at -27.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 7 months.

On a daily basis, DWX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +10.1%, while the worst single day was Mar 12, 2020 at -12.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.40%7.15%-5.87%2.52%0.24%-0.81%6.32%
20251.93%3.33%4.76%6.78%2.34%2.14%-2.28%4.54%0.13%-0.25%2.71%1.97%31.62%
2024-1.32%-1.51%2.22%-2.67%3.36%-0.98%5.90%4.88%1.71%-4.89%0.90%-4.40%2.56%
20237.30%-2.88%2.26%3.59%-4.06%2.70%3.17%-3.18%-3.15%-1.33%6.00%4.26%14.74%
20220.95%-1.53%0.65%-4.18%0.94%-6.86%1.22%-5.56%-10.71%2.81%10.91%-0.84%-12.99%
2021-0.63%0.25%5.12%2.70%3.19%-1.26%1.68%0.62%-4.81%2.55%-3.11%4.25%10.56%

Benchmark Metrics

SPDR S&P International Dividend ETF has an annualized alpha of -4.67%, beta of 0.85, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since February 19, 2008.

  • This ETF participated in 104.69% of S&P 500 Index downside but only 74.44% of its upside - more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -4.67% versus S&P 500 Index - delivering less than market exposure alone would predict.
  • With beta of 0.85 and R2 of 0.62, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
-4.67%
Beta
0.85
0.62
Upside Capture
74.44%
Downside Capture
104.69%

Expense Ratio

DWX has an expense ratio of 0.45%, placing it in the medium range.


Return for Risk

Risk / Return Rank

DWX ranks 41 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


DWX Risk / Return Rank: 4141
Overall Rank
DWX Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
DWX Sortino Ratio Rank: 4141
Sortino Ratio Rank
DWX Omega Ratio Rank: 4242
Omega Ratio Rank
DWX Calmar Ratio Rank: 3838
Calmar Ratio Rank
DWX Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for SPDR S&P International Dividend ETF (DWX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


DWXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.56

Sortino ratioReturn per unit of downside risk

-0.70

Omega ratioGain probability vs. loss probability

1.27

1.37

-0.10

Calmar ratioReturn relative to maximum drawdown

1.88

2.78

-0.91

Martin ratioReturn relative to average drawdown

5.85

12.44

-6.59

Dividends

Dividend History

SPDR S&P International Dividend ETF provided a 5.72% dividend yield over the last twelve months, with an annual payout of $2.62 per share. The fund has been increasing its distributions for 2 consecutive years.


4.00%4.50%5.00%5.50%6.00%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.62$1.95$1.51$1.47$1.51$1.51$1.40$1.77$1.77$1.59$1.89$1.94

Dividend yield

5.72%4.44%4.31%4.12%4.68%3.89%3.84%4.40%5.06%3.85%5.25%5.81%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR S&P International Dividend ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.22$0.00$0.00$0.67$0.88
2025$0.00$0.00$0.21$0.00$0.00$0.65$0.00$0.00$0.42$0.00$0.00$0.66$1.95
2024$0.00$0.00$0.17$0.00$0.00$0.58$0.00$0.00$0.49$0.00$0.00$0.27$1.51
2023$0.00$0.00$0.16$0.00$0.00$0.61$0.00$0.00$0.38$0.00$0.00$0.32$1.47
2022$0.00$0.00$0.12$0.00$0.00$0.61$0.00$0.00$0.54$0.00$0.00$0.24$1.51
2021$0.00$0.00$0.15$0.00$0.00$0.51$0.00$0.00$0.41$0.00$0.00$0.44$1.51

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the SPDR S&P International Dividend ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the SPDR S&P International Dividend ETF was 66.86%, occurring on Mar 9, 2009. Recovery took 2720 trading sessions.

The current SPDR S&P International Dividend ETF drawdown is 4.04%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-66.86%Mar 2009
9mo 24d10y 9mo
11y 7moMay 2008 - Dec 2019
COVID crash2020
-36.05%Mar 2020
1mo 2d1y 23d
1y 1moFeb 2020 - Apr 2021
Bear market2022
-26.96%Oct 2022
1y 1mo1y 9mo
2y 11moAug 2021 - Jul 2024
2025 correction2025
-10.65%Jan 2025
3mo 12d2mo 14d
5mo 26dSep 2024 - Mar 2025
Financial crisis2007–2009
-10.40%Mar 2008
20d1mo 28d
2mo 18dFeb 2008 - May 2008

Drawdown Indicators


DWXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-66.86%

-56.78%

-10.08%

Max Drawdown (1Y)

Largest decline over 1 year

-8.59%

-9.10%

+0.51%

Max Drawdown (3Y)

Largest decline over 3 years

-10.65%

-18.90%

+8.25%

Max Drawdown (5Y)

Largest decline over 5 years

-26.96%

-25.43%

-1.53%

Max Drawdown (10Y)

Largest decline over 10 years

-36.05%

-33.92%

-2.13%

Current Drawdown

Current decline from peak

-4.04%

-1.80%

-2.24%

Average Drawdown

Average peak-to-trough decline

-14.10%

-10.71%

-3.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.75%

2.03%

+0.72%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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