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DWX vs. FID
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DWX vs. FID

Last updated Aug 4, 2026
Documentation

DWX (SPDR S&P International Dividend ETF) and FID (First Trust S&P International Dividend Aristocrats ETF) are both Foreign Large Cap Equities funds - DWX tracks the S&P International Dividend Opportunities Index while FID tracks the S&P International Dividend Aristocrats Index. Both are passively managed. Over the past 5 years, DWX returned 8.12%/yr vs 9.02%/yr for FID. Their 0.78 correlation means they have sometimes moved together and sometimes differently. DWX charges 0.45%/yr vs 0.60%/yr for FID.

Performance

DWX vs. FID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P International Dividend ETF (DWX) and First Trust S&P International Dividend Aristocrats ETF (FID). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DWX achieves a 10.64% return, which is significantly lower than FID's 11.85% return.

DWX

1D
-0.42%
1M
3.07%
6M
6.49%
YTD
10.64%
1Y
19.67%
3Y*
16.41%
5Y*
8.12%
10Y*
7.29%
ALL TIME*
2.78%

FID

1D
-0.13%
1M
4.60%
6M
7.03%
YTD
11.85%
1Y
22.20%
3Y*
18.43%
5Y*
9.02%
10Y*
—
ALL TIME*
7.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

DWX

SPDR S&P International Dividend ETF
$956.39K$1.20M$907.10K

FID

First Trust S&P International Dividend Aristocrats ETF
$249.39K$252.43K$349.18K

DWX vs. FID - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
DWX
SPDR S&P International Dividend ETF		10.64%31.62%2.56%14.74%-12.99%10.56%-5.10%20.26%-7.86%
FID
First Trust S&P International Dividend Aristocrats ETF		11.85%32.07%5.42%9.92%-9.69%12.90%-7.56%20.82%-7.38%

Correlation

The correlation between DWX and FID is 0.82, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.82

Correlation (3Y)
Balances recent behavior with more history.

0.83

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.82

Correlation (All Time)
Calculated using the full available price history since Aug 29, 2018

0.78

The correlation between DWX and FID has been stable across timeframes, ranging from 0.78 to 0.83 - a consistent structural relationship.

DWX vs. FID - Sectors Allocation Comparison

Sectors
DWX
FID

Financial Services

17.3%
20.5%

Consumer Defensive

13.1%
3.7%

Communication Services

12.1%
10.7%

Industrials

10.6%
12.8%

Utilities

10.6%
16.9%

Real Estate

10.2%
9.4%

Energy

10.1%
7.9%

Consumer Cyclical

6.6%
4.0%

Healthcare

4.4%
3.5%

Technology

2.9%
6.2%

Basic Materials

2.1%
4.6%

Financial Services

DWX
17.3%
FID
20.5%

Consumer Defensive

DWX
13.1%
FID
3.7%

Communication Services

DWX
12.1%
FID
10.7%

Industrials

DWX
10.6%
FID
12.8%

Utilities

DWX
10.6%
FID
16.9%

Real Estate

DWX
10.2%
FID
9.4%

Energy

DWX
10.1%
FID
7.9%

Consumer Cyclical

DWX
6.6%
FID
4.0%

Healthcare

DWX
4.4%
FID
3.5%

Technology

DWX
2.9%
FID
6.2%

Basic Materials

DWX
2.1%
FID
4.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR S&P International Dividend ETF

First Trust S&P International Dividend Aristocrats ETF

Often compared with DWX:
DWX vs. SCHDDWX vs. VYMIDWX vs. IDVDWX vs. PIDDWX vs. BKIEDWX vs. SPYDWX vs. IQDF
Often compared with FID:
FID vs. IGROFID vs. EFAVFID vs. KNGFID vs. VIGFID vs. FDFIXFID vs. BRK-BFID vs. VIGI

Return for Risk

DWX vs. FID — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
DWX
DWX Risk / Return Rank: 6969
Overall Rank
DWX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
DWX Sortino Ratio Rank: 7474
Sortino Ratio Rank
DWX Omega Ratio Rank: 7676
Omega Ratio Rank
DWX Calmar Ratio Rank: 6464
Calmar Ratio Rank
DWX Martin Ratio Rank: 5757
Martin Ratio Rank
FID
FID Risk / Return Rank: 8080
Overall Rank
FID Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
FID Sortino Ratio Rank: 8888
Sortino Ratio Rank
FID Omega Ratio Rank: 8787
Omega Ratio Rank
FID Calmar Ratio Rank: 6969
Calmar Ratio Rank
FID Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DWX vs. FID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P International Dividend ETF (DWX) and First Trust S&P International Dividend Aristocrats ETF (FID). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

DWXFIDDifference
Sharpe ratioReturn per unit of total volatility
1.79
2.20

-0.41

Sortino ratioReturn per unit of downside risk
2.49
3.08

-0.59

Omega ratioGain probability vs. loss probability

1.33

1.39

-0.07

Calmar ratioReturn relative to maximum drawdown

2.30

2.50

-0.19

Martin ratioReturn relative to average drawdown

6.96

8.44

-1.48

DWX vs. FID - Sharpe Ratio Comparison

The current DWX Sharpe Ratio is 1.79, which is comparable to the FID Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of DWX and FID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DWX vs. FID - Drawdown Comparison

The maximum DWX drawdown since its inception was -66.86%, which is greater than FID's maximum drawdown of -39.79%. Use the drawdown chart below to compare losses from any high point for DWX and FID.

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Drawdown Indicators

DWXFIDDifference

Max Drawdown

Largest peak-to-trough decline

-66.86%

-39.79%

-27.07%

Max Drawdown (1Y)

Largest decline over 1 year

-8.59%

-8.93%

+0.34%

Max Drawdown (3Y)

Largest decline over 3 years

-10.65%

-9.61%

-1.04%

Max Drawdown (5Y)

Largest decline over 5 years

-26.96%

-29.13%

+2.17%

Max Drawdown (10Y)

Largest decline over 10 years

-36.05%

—

—

Current Drawdown

Current decline from peak

-1.68%

-0.86%

-0.82%

Average Drawdown

Average peak-to-trough decline

-14.02%

-8.33%

-5.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.83%

2.64%

+0.19%

Volatility

DWX vs. FID - Volatility Comparison

SPDR S&P International Dividend ETF (DWX) has a higher volatility of 2.85% compared to First Trust S&P International Dividend Aristocrats ETF (FID) at 2.46%. This indicates that DWX's price experiences larger fluctuations and is considered to be riskier than FID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DWXFIDDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.85%

2.46%

+0.39%

Volatility (6M)

Calculated over the trailing 6-month period

9.22%

8.49%

+0.73%

Volatility (1Y)

Calculated over the trailing 1-year period

11.05%

10.16%

+0.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.25%

17.02%

-4.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.72%

18.82%

-4.10%

DWX vs. FID - Expense Ratio Comparison

DWX has a 0.45% expense ratio, which is lower than FID's 0.60% expense ratio.

Dividends

DWX vs. FID - Dividend Comparison

DWX's dividend yield for the trailing twelve months is around 4.12%, more than FID's 4.05% yield.

PositionTTM20252024202320222021202020192018201720162015
DWX
SPDR S&P International Dividend ETF		4.12%4.44%4.31%4.12%4.68%3.89%3.84%4.40%5.06%3.85%5.25%5.81%
FID
First Trust S&P International Dividend Aristocrats ETF		4.05%4.30%4.31%4.19%4.22%3.76%3.91%3.70%1.74%0.00%0.00%0.00%

Frequently Asked Questions

DWX and FID have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DWX has higher volatility (2.85%) compared to FID (2.46%). In terms of maximum drawdown, DWX dropped -66.86% vs FID's -39.79%.

On 5-year performance, FID leads with 9.02% vs 8.12% for DWX. On fees, DWX is cheaper at 0.45% per year. On volatility, FID has been the lower-risk option at 2.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, FID has performed better with a 9.02% return vs 8.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DWX is cheaper with a 0.45% expense ratio, compared with 0.60% for FID.

DWX has the higher dividend yield at 4.12%, compared with 4.05% for FID.

DWX tracks S&P International Dividend Opportunities Index, while FID tracks S&P International Dividend Aristocrats Index. They also come from different issuers: State Street and First Trust. Their fees differ too: 0.45% for DWX and 0.60% for FID.

FID currently has the higher Sharpe Ratio (2.20 vs 1.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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