GWX vs. IJR
Compare and contrast key facts about SPDR S&P International Small Cap ETF (GWX) and iShares Core S&P Small-Cap ETF (IJR).
GWX and IJR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GWX is a passively managed fund by State Street that tracks the performance of the S&P Developed Ex-U.S. Under USD2 Billion Index. It was launched on Apr 20, 2007. IJR is a passively managed fund by iShares that tracks the performance of the S&P SmallCap 600 Index. It was launched on May 22, 2000. Both GWX and IJR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
GWX vs. IJR - Performance Comparison
Loading graphics...
GWX vs. IJR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GWX SPDR S&P International Small Cap ETF | 5.41% | 35.89% | 0.21% | 10.94% | -19.98% | 9.66% | 13.41% | 18.18% | -18.97% | 28.88% |
IJR iShares Core S&P Small-Cap ETF | 4.11% | 5.89% | 8.63% | 16.06% | -16.20% | 26.58% | 11.28% | 22.82% | -8.51% | 13.15% |
Returns By Period
In the year-to-date period, GWX achieves a 5.41% return, which is significantly higher than IJR's 4.11% return. Over the past 10 years, GWX has underperformed IJR with an annualized return of 7.61%, while IJR has yielded a comparatively higher 9.88% annualized return.
GWX
- 1D
- 1.99%
- 1M
- -5.90%
- YTD
- 5.41%
- 6M
- 8.61%
- 1Y
- 38.66%
- 3Y*
- 14.78%
- 5Y*
- 5.52%
- 10Y*
- 7.61%
IJR
- 1D
- 0.49%
- 1M
- -4.18%
- YTD
- 4.11%
- 6M
- 5.47%
- 1Y
- 20.83%
- 3Y*
- 10.67%
- 5Y*
- 4.19%
- 10Y*
- 9.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GWX vs. IJR - Expense Ratio Comparison
GWX has a 0.40% expense ratio, which is higher than IJR's 0.06% expense ratio.
Return for Risk
GWX vs. IJR — Risk / Return Rank
GWX
IJR
GWX vs. IJR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P International Small Cap ETF (GWX) and iShares Core S&P Small-Cap ETF (IJR). 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.
| GWX | IJR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.30 | 0.92 | +1.38 |
Sortino ratioReturn per unit of downside risk | 3.02 | 1.43 | +1.59 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.19 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 3.26 | 1.42 | +1.84 |
Martin ratioReturn relative to average drawdown | 13.14 | 5.73 | +7.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GWX | IJR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 0.92 | +1.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.20 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.43 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.42 | -0.20 |
Correlation
The correlation between GWX and IJR is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GWX vs. IJR - Dividend Comparison
GWX's dividend yield for the trailing twelve months is around 2.69%, more than IJR's 1.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWX SPDR S&P International Small Cap ETF | 2.69% | 2.83% | 2.71% | 2.64% | 2.71% | 2.75% | 1.74% | 3.41% | 2.94% | 5.18% | 4.21% | 2.67% |
IJR iShares Core S&P Small-Cap ETF | 1.28% | 1.44% | 2.05% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.22% | 1.48% |
Drawdowns
GWX vs. IJR - Drawdown Comparison
The maximum GWX drawdown since its inception was -63.25%, which is greater than IJR's maximum drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for GWX and IJR.
Loading graphics...
Drawdown Indicators
| GWX | IJR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.25% | -58.15% | -5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -11.91% | -14.85% | +2.94% |
Max Drawdown (5Y)Largest decline over 5 years | -34.58% | -28.02% | -6.56% |
Max Drawdown (10Y)Largest decline over 10 years | -45.27% | -44.36% | -0.91% |
Current DrawdownCurrent decline from peak | -7.24% | -5.26% | -1.98% |
Average DrawdownAverage peak-to-trough decline | -14.85% | -9.34% | -5.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 3.68% | -0.72% |
Volatility
GWX vs. IJR - Volatility Comparison
SPDR S&P International Small Cap ETF (GWX) has a higher volatility of 7.43% compared to iShares Core S&P Small-Cap ETF (IJR) at 6.25%. This indicates that GWX's price experiences larger fluctuations and is considered to be riskier than IJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GWX | IJR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.43% | 6.25% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 11.83% | 12.99% | -1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.86% | 22.66% | -5.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.56% | 21.51% | -4.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.25% | 22.91% | -5.66% |