- Issuer
- SPDR
- Inception Date
- Jul 8, 2013
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- SPDR Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
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Performance
WXHG.AX Performance Chart
SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG.AX) is up 7.4% since the beginning of the year. WXHG.AX is currently trading at A$29 per share. Investors who bought A$1,000 worth of WXHG.AX shares 5 years ago would now be looking at an investment worth A$1,629.
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Returns By Period
SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG.AX) has returned 7.43% so far this year and 18.40% over the past 12 months. Over the last ten years, WXHG.AX has returned 11.88% per year, falling short of the S&P 500 Index benchmark, which averaged 14.27% annually.
SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF
- 1D
- 0.11%
- 1M
- 0.58%
- 6M
- 6.31%
- YTD
- 7.43%
- 1Y
- 18.40%
- 3Y*
- 18.25%
- 5Y*
- 10.25%
- 10Y*
- 11.88%
Benchmark (S&P 500 Index)
- 1D
- 0.12%
- 1M
- 1.38%
- 6M
- 4.49%
- YTD
- 5.58%
- 1Y
- 12.98%
- 3Y*
- 18.01%
- 5Y*
- 13.12%
- 10Y*
- 14.27%
WXHG.AX Monthly Returns History
Based on dividend-adjusted daily data since Jul 8, 2013, WXHG.AX's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, an investment would double in approximately 5.9 years.
Historically, 70% of months were positive and 30% were negative. The best month was Apr 2020 with a return of +11.5%, while the worst month was Mar 2020 at -12.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, WXHG.AX closed higher 53% of trading days. The best single day was Apr 10, 2025 with a return of +10.0%, while the worst single day was Mar 13, 2020 at -9.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.25% | 0.84% | -8.47% | 8.38% | 5.25% | 0.72% | 1.06% | 7.43% | |||||
| 2025 | 4.00% | -2.35% | -4.20% | -0.36% | 5.85% | 4.01% | 2.97% | 1.29% | 1.84% | 3.83% | -0.92% | 2.04% | 18.99% |
| 2024 | 2.61% | 2.80% | 3.18% | -2.04% | 2.25% | 4.02% | 0.25% | 3.89% | -0.31% | 0.63% | 2.55% | -1.42% | 19.77% |
| 2023 | 4.77% | 0.24% | 1.45% | 1.72% | 1.87% | 4.29% | 2.76% | -1.50% | -3.75% | -3.84% | 9.80% | 4.46% | 23.72% |
| 2022 | -6.57% | -3.88% | 5.97% | -6.35% | -2.79% | -8.81% | 7.87% | -2.53% | -8.95% | 5.53% | 2.85% | -2.48% | -19.94% |
| 2021 | 0.12% | 1.91% | 4.18% | 4.31% | 0.81% | 1.85% | 1.59% | 3.38% | -3.10% | 3.58% | 0.84% | 1.93% | 23.36% |
Benchmark Metrics
SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF has an annualized alpha of 11.83%, beta of 0.04, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since July 08, 2013.
- This ETF participated in 85.20% of S&P 500 Index downside but only 75.29% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.04 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 11.83%
- Beta
- 0.04
- R²
- 0.00
- Upside Capture
- 75.29%
- Downside Capture
- 85.20%
Return for Risk
Risk / Return Rank
WXHG.AX ranks 52 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 ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG.AX) 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.
| WXHG.AX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.24 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 1.11 | +0.89 |
| Martin ratioReturn relative to average drawdown | 8.35 | 3.10 | +5.25 |
Dividends
Dividend History
SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF provided a 7.12% dividend yield over the last twelve months, with an annual payout of A$2.03 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | A$2.03 | A$1.91 | A$1.64 | A$1.31 | A$4.94 | A$0.85 | A$0.98 | A$1.03 | A$0.51 | A$0.64 | A$0.69 | A$0.98 |
Dividend yield | 7.12% | 6.68% | 6.35% | 5.69% | 25.09% | 2.77% | 3.83% | 4.25% | 2.54% | 2.83% | 3.55% | 5.33% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) 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 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$2.03 | A$0.00 | A$2.03 | |||||
| 2025 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.91 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.91 |
| 2024 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.64 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.64 |
| 2023 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.31 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.31 |
| 2022 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$4.94 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$4.94 |
| 2021 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.85 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.85 |
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 ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) 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 ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF was 36.37%, occurring on Mar 19, 2020. Recovery took 170 trading sessions.
The current SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF drawdown is 0.04%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-36.37%Mar 2020 | 1mo 1d | 8mo 3d | 9mo 4dFeb 2020 - Nov 2020 | COVID crash2020 |
-26.29%Oct 2022 | 9mo 11d | 1y 3mo | 2y 17dJan 2022 - Jan 2024 | Bear market2022 |
-18.93%Apr 2025 | 1mo 18d | 2mo 19d | 4mo 7dFeb 2025 - Jun 2025 | 2025 selloff2025 |
-17.72%Feb 2016 | 8mo 16d | 9mo 17d | 1y 5moJun 2015 - Nov 2016 | — |
-15.96%Dec 2018 | 2mo 23d | 4mo 6d | 6mo 29dOct 2018 - Apr 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| WXHG.AX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.37% | -41.07% | +4.70% |
Max Drawdown (1Y)Largest decline over 1 year | -9.34% | -11.69% | +2.35% |
Max Drawdown (3Y)Largest decline over 3 years | -18.93% | -17.74% | -1.19% |
Max Drawdown (5Y)Largest decline over 5 years | -26.29% | -22.01% | -4.28% |
Max Drawdown (10Y)Largest decline over 10 years | -36.37% | -24.71% | -11.66% |
Current DrawdownCurrent decline from peak | -0.04% | -0.60% | +0.56% |
Average DrawdownAverage peak-to-trough decline | -4.59% | -11.02% | +6.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 4.20% | -1.92% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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