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ISIN
US78463X7497
CUSIP
78463X749
Inception Date
May 13, 2008
Region
Developed Markets (Broad)
Category
REIT
Leveraged
1x (No leverage)
Index Tracked
Dow Jones Global Select Real Estate Securities Index
Distribution Policy
Distributing
Asset Class
Real Estate
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$1B

Share Price Chart


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Performance

RWO Performance Chart

SPDR Dow Jones Global Real Estate ETF (RWO) is up 10.4% since the beginning of the year. RWO is currently trading at $49 per share. Investors who bought $1,000 worth of RWO shares 5 years ago would now be looking at an investment worth $1,122.


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S&P 500 Index

Returns By Period

SPDR Dow Jones Global Real Estate ETF (RWO) has returned 10.38% so far this year and 15.08% over the past 12 months. Over the last ten years, RWO has returned 3.78% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


SPDR Dow Jones Global Real Estate ETF

1D
0.94%
1M
-0.20%
YTD
10.38%
6M
10.62%
1Y
15.08%
3Y*
11.49%
5Y*
2.33%
10Y*
3.78%

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)

RWO Monthly Returns History

Based on dividend-adjusted daily data since May 22, 2008, RWO's average daily return is +0.03%, while the average monthly return is +0.49%. At this rate, an investment would double in approximately 11.8 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +20.5%, while the worst month was Oct 2008 at -28.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, RWO closed higher 53% of trading days. The best single day was Nov 24, 2008 with a return of +12.7%, while the worst single day was Mar 16, 2020 at -14.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.42%6.87%-7.46%8.00%-0.63%0.55%10.38%
20251.70%3.09%-2.31%-0.02%2.06%0.14%-1.38%5.08%0.95%-1.44%2.97%-2.02%8.87%
2024-4.28%0.12%2.84%-6.56%3.82%0.98%5.71%6.06%2.94%-4.69%3.07%-7.03%1.76%
20239.41%-4.72%-2.80%1.55%-3.97%3.30%3.70%-3.43%-6.23%-4.37%10.48%9.50%10.91%
2022-6.05%-2.88%5.14%-5.28%-4.85%-8.50%8.18%-6.81%-12.10%3.62%6.91%-3.58%-25.11%
2021-0.81%3.85%3.52%6.46%1.93%1.18%4.60%1.10%-5.56%6.31%-1.73%7.27%31.03%

Benchmark Metrics

SPDR Dow Jones Global Real Estate ETF has an annualized alpha of -3.67%, beta of 0.91, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since May 22, 2008.

  • This ETF participated in 109.06% of S&P 500 Index downside but only 84.43% of its upside - more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -3.67% versus S&P 500 Index - delivering less than market exposure alone would predict.
  • With beta of 0.91 and R2 of 0.61, 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
-3.67%
Beta
0.91
0.61
Upside Capture
84.43%
Downside Capture
109.06%

Expense Ratio

RWO has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Risk / Return Rank

RWO ranks 33 for risk / return — below 33% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


RWO Risk / Return Rank: 3333
Overall Rank
RWO Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
RWO Sortino Ratio Rank: 3131
Sortino Ratio Rank
RWO Omega Ratio Rank: 3131
Omega Ratio Rank
RWO Calmar Ratio Rank: 3333
Calmar Ratio Rank
RWO Martin Ratio Rank: 4040
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 Dow Jones Global Real Estate ETF (RWO) 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.


RWOBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.87

Sortino ratioReturn per unit of downside risk

-1.13

Omega ratioGain probability vs. loss probability

1.20

1.37

-0.16

Calmar ratioReturn relative to maximum drawdown

1.59

2.78

-1.19

Martin ratioReturn relative to average drawdown

6.11

12.44

-6.32

Dividends

Dividend History

SPDR Dow Jones Global Real Estate ETF provided a 4.20% dividend yield over the last twelve months, with an annual payout of $2.05 per share. The fund has been increasing its distributions for 3 consecutive years.


2.80%3.00%3.20%3.40%3.60%3.80%4.00%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.05$1.63$1.58$1.54$1.51$1.58$1.45$2.05$1.73$1.59$1.77$1.39

Dividend yield

4.20%3.62%3.68%3.53%3.69%2.79%3.25%3.97%3.90%3.26%3.77%2.97%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR Dow Jones Global Real Estate 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$0.28$0.00$0.00$0.44$0.71
2025$0.00$0.00$0.29$0.00$0.00$0.45$0.00$0.00$0.40$0.00$0.00$0.49$1.63
2024$0.00$0.00$0.25$0.00$0.00$0.41$0.00$0.00$0.40$0.00$0.00$0.51$1.58
2023$0.00$0.00$0.28$0.00$0.00$0.40$0.00$0.00$0.39$0.00$0.00$0.48$1.54
2022$0.00$0.00$0.22$0.00$0.00$0.39$0.00$0.00$0.47$0.00$0.00$0.43$1.51
2021$0.00$0.00$0.19$0.00$0.00$0.35$0.00$0.00$0.37$0.00$0.00$0.66$1.58

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 Dow Jones Global Real Estate 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 Dow Jones Global Real Estate ETF was 67.69%, occurring on Mar 9, 2009. Recovery took 847 trading sessions.

The current SPDR Dow Jones Global Real Estate ETF drawdown is 1.73%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-67.69%Mar 2009
9mo 10d3y 4mo
4y 1moJun 2008 - Jul 2012
COVID crash2020
-43.27%Mar 2020
1mo 4d1y 2mo
1y 3moFeb 2020 - Jun 2021
2023 bear market2023
-32.85%Oct 2023
1y 9mo2y 3mo
4y 1moJan 2022 - Feb 2026
2016 correction2016
-15.56%Feb 2016
1y 15d2mo 25d
1y 3moJan 2015 - May 2016
2013 correction2013
-15.30%Jun 2013
1mo 3d10mo 26d
11mo 29dMay 2013 - May 2014

Drawdown Indicators


RWOBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-67.69%

-56.78%

-10.91%

Max Drawdown (1Y)

Largest decline over 1 year

-9.51%

-9.10%

-0.41%

Max Drawdown (3Y)

Largest decline over 3 years

-17.66%

-18.90%

+1.24%

Max Drawdown (5Y)

Largest decline over 5 years

-32.85%

-25.43%

-7.42%

Max Drawdown (10Y)

Largest decline over 10 years

-43.27%

-33.92%

-9.35%

Current Drawdown

Current decline from peak

-1.73%

-1.80%

+0.07%

Average Drawdown

Average peak-to-trough decline

-12.65%

-10.71%

-1.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.47%

2.03%

+0.44%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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