- ISIN
- US78463X7497
- CUSIP
- 78463X749
- Issuer
- State Street
- 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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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%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.42% | 6.87% | -7.46% | 8.00% | -0.63% | 0.55% | 10.38% | ||||||
| 2025 | 1.70% | 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% |
| 2023 | 9.41% | -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
- R²
- 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.
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.
| RWO | Benchmark | Difference | |
|---|---|---|---|
| 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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 10d | 3y 4mo | 4y 1moJun 2008 - Jul 2012 |
COVID crash2020 | -43.27%Mar 2020 | 1mo 4d | 1y 2mo | 1y 3moFeb 2020 - Jun 2021 |
2023 bear market2023 | -32.85%Oct 2023 | 1y 9mo | 2y 3mo | 4y 1moJan 2022 - Feb 2026 |
2016 correction2016 | -15.56%Feb 2016 | 1y 15d | 2mo 25d | 1y 3moJan 2015 - May 2016 |
2013 correction2013 | -15.30%Jun 2013 | 1mo 3d | 10mo 26d | 11mo 29dMay 2013 - May 2014 |
Drawdown Indicators
| RWO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -1.73% | -1.80% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -12.65% | -10.71% | -1.94% |
Ulcer IndexDepth 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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