GWX vs. ASCI
GWX (SPDR S&P International Small Cap ETF) and ASCI (abrdn International Small Cap Active ETF) are both Foreign Small & Mid Cap Equities funds. GWX is passively managed, while ASCI is actively managed. Their correlation of 0.81 means they have usually moved in the same direction. GWX charges 0.40%/yr vs 0.70%/yr for ASCI.
Performance
GWX vs. ASCI - Performance Comparison
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Returns By Period
In the year-to-date period, GWX achieves a 8.23% return, which is significantly higher than ASCI's 4.54% return.
GWX
- 1D
- 1.56%
- 1M
- -0.22%
- 6M
- 1.82%
- YTD
- 8.23%
- 1Y
- 20.23%
- 3Y*
- 15.22%
- 5Y*
- 5.29%
- 10Y*
- 7.13%
- ALL TIME*
- 4.56%
ASCI
- 1D
- 0.94%
- 1M
- -1.95%
- 6M
- 2.18%
- YTD
- 4.54%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $159.84K | $104.91K | $86.80K | |
| $2.09M | $2.59M | $3.00M |
GWX vs. ASCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GWX SPDR S&P International Small Cap ETF | 8.23% | 3.42% |
ASCI abrdn International Small Cap Active ETF | 4.54% | 1.37% |
Correlation
The correlation between GWX and ASCI is 0.81, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 20, 2025 | 0.81 |
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Return for Risk
GWX vs. ASCI — Risk / Return Rank
GWX
ASCI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GWX vs. ASCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P International Small Cap ETF (GWX) and abrdn International Small Cap Active ETF (ASCI). 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.
| GWX | ASCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.22 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | — | — |
| Martin ratioReturn relative to average drawdown | 5.21 | — | — |
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Drawdowns
GWX vs. ASCI - Drawdown Comparison
The maximum GWX drawdown since its inception was -63.25%, which is greater than ASCI's maximum drawdown of -11.22%. Use the drawdown chart below to compare losses from any high point for GWX and ASCI.
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Drawdown Indicators
| GWX | ASCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.25% | -11.22% | -52.03% |
Max Drawdown (1Y)Largest decline over 1 year | -11.91% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.73% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.27% | — | — |
Current DrawdownCurrent decline from peak | -5.96% | -5.43% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -14.66% | -2.91% | -11.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.89% | — | — |
Volatility
GWX vs. ASCI - Volatility Comparison
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Volatility by Period
| GWX | ASCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.45% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 14.72% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.07% | 19.17% | -2.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.01% | 19.17% | -2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.35% | 19.17% | -1.82% |
GWX vs. ASCI - Expense Ratio Comparison
GWX has a 0.40% expense ratio, which is lower than ASCI's 0.70% expense ratio.
Dividends
GWX vs. ASCI - Dividend Comparison
GWX's dividend yield for the trailing twelve months is around 2.73%, more than ASCI's 0.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASCI abrdn International Small Cap Active ETF | 0.77% | 0.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GWX SPDR S&P International Small Cap ETF | 2.73% | 2.83% | 2.71% | 2.64% | 2.71% | 2.75% | 1.74% | 3.41% | 2.94% | 5.18% | 4.21% | 2.67% |
Frequently Asked Questions
GWX and ASCI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GWX is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GWX is cheaper with a 0.40% expense ratio, compared with 0.70% for ASCI.
GWX has the higher dividend yield at 2.73%, compared with 0.77% for ASCI.
They also come from different issuers: State Street and abrdn. Their fees differ too: 0.40% for GWX and 0.70% for ASCI.
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