- ISIN
- US78463X4189
- CUSIP
- 78463X418
- Issuer
- State Street
- Inception Date
- Jun 4, 2014
- Region
- Developed Markets (Broad)
- Category
- Large Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI World Factor Mix A-Series (USD)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $170M
Share Price Chart
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Performance
QWLD Performance Chart
SPDR MSCI World StrategicFactors ETF (QWLD) is up 6.0% since the beginning of the year. QWLD is currently trading at $151 per share. Investors who bought $1,000 worth of QWLD shares 5 years ago would now be looking at an investment worth $1,612.
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Returns By Period
SPDR MSCI World StrategicFactors ETF (QWLD) has returned 6.01% so far this year and 17.56% over the past 12 months. Over the last ten years, QWLD has returned 11.80% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
SPDR MSCI World StrategicFactors ETF
- 1D
- -0.21%
- 1M
- -0.86%
- YTD
- 6.01%
- 6M
- 6.01%
- 1Y
- 17.56%
- 3Y*
- 15.91%
- 5Y*
- 10.02%
- 10Y*
- 11.80%
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%
QWLD Monthly Returns History
Based on dividend-adjusted daily data since Jun 5, 2014, QWLD's average daily return is +0.04%, while the average monthly return is +0.88%. At this rate, an investment would double in approximately 6.6 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +11.3%, while the worst month was Mar 2020 at -12.0%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 4 months.
On a daily basis, QWLD closed higher 45% of trading days. The best single day was Mar 24, 2020 with a return of +8.0%, while the worst single day was Mar 16, 2020 at -10.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.75% | 2.79% | -5.39% | 5.01% | 1.76% | -0.71% | 6.01% | ||||||
| 2025 | 3.74% | 1.48% | -2.07% | 0.41% | 3.28% | 2.80% | -1.04% | 3.19% | 1.96% | 0.46% | 1.90% | 0.68% | 17.93% |
| 2024 | 1.63% | 3.62% | 3.40% | -3.80% | 4.21% | 0.88% | 2.80% | 3.65% | 0.48% | -2.28% | 3.42% | -3.96% | 14.44% |
| 2023 | 5.28% | -2.89% | 3.64% | 2.27% | -1.49% | 5.11% | 2.61% | -1.63% | -3.67% | -1.85% | 7.00% | 4.39% | 19.59% |
| 2022 | -4.34% | -2.57% | 2.87% | -6.90% | 0.81% | -7.14% | 6.17% | -4.27% | -8.41% | 7.00% | 8.04% | -3.57% | -13.30% |
| 2021 | -1.18% | 2.04% | 4.36% | 3.49% | 2.60% | 1.06% | 2.18% | 2.26% | -4.45% | 4.85% | -2.09% | 5.03% | 21.57% |
Benchmark Metrics
SPDR MSCI World StrategicFactors ETF has an annualized alpha of 1.97%, beta of 0.70, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since June 05, 2014.
- This ETF participated in 80.36% of S&P 500 Index downside but only 78.02% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 1.97%
- Beta
- 0.70
- R²
- 0.67
- Upside Capture
- 78.02%
- Downside Capture
- 80.36%
Expense Ratio
QWLD has an expense ratio of 0.30%, placing it in the medium range.
Return for Risk
Risk / Return Rank
QWLD ranks 53 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SPDR MSCI World StrategicFactors ETF (QWLD) 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.
| QWLD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 2.78 | -0.48 |
| Martin ratioReturn relative to average drawdown | 9.94 | 12.44 | -2.50 |
Dividends
Dividend History
SPDR MSCI World StrategicFactors ETF provided a 1.84% dividend yield over the last twelve months, with an annual payout of $2.78 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.78 | $2.65 | $2.16 | $1.96 | $1.90 | $1.95 | $1.63 | $1.83 | $1.60 | $2.06 | $1.41 | $2.06 |
Dividend yield | 1.84% | 1.85% | 1.74% | 1.78% | 2.02% | 1.77% | 1.77% | 2.13% | 2.33% | 2.73% | 2.22% | 3.42% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR MSCI World StrategicFactors ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.34 | $1.34 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $0.00 | $0.00 | $0.00 | $0.00 | $1.43 | $0.00 | $2.65 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 | $2.16 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.94 | $1.96 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 | $1.90 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.92 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | $1.95 |
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 MSCI World StrategicFactors 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 MSCI World StrategicFactors ETF was 31.89%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current SPDR MSCI World StrategicFactors ETF drawdown is 1.25%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -31.89%Mar 2020 | 1mo 9d | 7mo 21d | 9moFeb 2020 - Nov 2020 |
Bear market2022 | -22.84%Oct 2022 | 9mo 16d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
Rate-hike selloffLate 2018 | -16.49%Dec 2018 | 2mo 16d | 3mo 19d | 6mo 5dOct 2018 - Apr 2019 |
2016 correction2016 | -14.12%Jan 2016 | 7mo 29d | 4mo 18d | 1y 12dMay 2015 - Jun 2016 |
2025 selloff2025 | -12.40%Apr 2025 | 1mo 16d | 1mo 7d | 2mo 23dFeb 2025 - May 2025 |
Drawdown Indicators
| QWLD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.89% | -56.78% | +24.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.66% | -9.10% | +1.44% |
Max Drawdown (3Y)Largest decline over 3 years | -12.40% | -18.90% | +6.50% |
Max Drawdown (5Y)Largest decline over 5 years | -22.84% | -25.43% | +2.59% |
Max Drawdown (10Y)Largest decline over 10 years | -31.89% | -33.92% | +2.03% |
Current DrawdownCurrent decline from peak | -1.25% | -1.80% | +0.55% |
Average DrawdownAverage peak-to-trough decline | -3.69% | -10.71% | +7.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.77% | 2.03% | -0.26% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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