RWX vs. SPYM
RWX (SPDR DJ Wilshire International Real Estate ETF) and SPYM (State Street SPDR Portfolio S&P 500 ETF) are both exchange-traded funds - RWX is a REIT fund tracking the Dow Jones Global ex-U.S. Real Estate Securities Index, while SPYM is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, RWX returned 0.84%/yr vs 15.27%/yr for SPYM. A 0.59 correlation means they provide meaningful diversification when combined. RWX charges 0.59%/yr vs 0.02%/yr for SPYM.
Performance
RWX vs. SPYM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RWX achieves a 0.53% return, which is significantly lower than SPYM's 11.33% return. Over the past 10 years, RWX has underperformed SPYM with an annualized return of 0.84%, while SPYM has yielded a comparatively higher 15.27% annualized return.
RWX
- 1D
- 0.88%
- 1M
- 1.64%
- 6M
- -1.27%
- YTD
- 0.53%
- 1Y
- 7.96%
- 3Y*
- 5.78%
- 5Y*
- -1.76%
- 10Y*
- 0.84%
SPYM
- 1D
- 0.38%
- 1M
- 0.28%
- 6M
- 9.93%
- YTD
- 11.33%
- 1Y
- 22.77%
- 3Y*
- 20.48%
- 5Y*
- 13.44%
- 10Y*
- 15.27%
RWX vs. SPYM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RWX SPDR DJ Wilshire International Real Estate ETF | 0.53% | 26.24% | -12.15% | 6.25% | -21.84% | 9.34% | -9.03% | 19.88% | -8.25% | 15.50% |
SPYM State Street SPDR Portfolio S&P 500 ETF | 11.33% | 17.79% | 25.00% | 26.24% | -18.09% | 28.78% | 18.49% | 31.99% | -4.78% | 21.30% |
Correlation
The correlation between RWX and SPYM is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2006 | 0.59 |
The correlation between RWX and SPYM shifts across timeframes, from 0.45 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RWX vs. SPYM — Risk / Return Rank
RWX
SPYM
RWX vs. SPYM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR DJ Wilshire International Real Estate ETF (RWX) and State Street SPDR Portfolio S&P 500 ETF (SPYM). 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.
| RWX | SPYM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.33 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.59 | 2.57 | -1.98 |
| Martin ratioReturn relative to average drawdown | 1.43 | 11.20 | -9.78 |
Loading charts...
Drawdowns
RWX vs. SPYM - Drawdown Comparison
The maximum RWX drawdown since its inception was -73.62%, which is greater than SPYM's maximum drawdown of -54.46%. Use the drawdown chart below to compare losses from any high point for RWX and SPYM.
Loading charts...
Drawdown Indicators
| RWX | SPYM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.62% | -54.46% | -19.16% |
Max Drawdown (1Y)Largest decline over 1 year | -13.58% | -8.90% | -4.68% |
Max Drawdown (3Y)Largest decline over 3 years | -19.05% | -18.72% | -0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -35.91% | -24.48% | -11.43% |
Max Drawdown (10Y)Largest decline over 10 years | -43.37% | -33.87% | -9.50% |
Current DrawdownCurrent decline from peak | -11.35% | -0.35% | -11.00% |
Average DrawdownAverage peak-to-trough decline | -20.25% | -7.12% | -13.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.59% | 2.04% | +3.55% |
Volatility
RWX vs. SPYM - Volatility Comparison
The current volatility for SPDR DJ Wilshire International Real Estate ETF (RWX) is 3.69%, while State Street SPDR Portfolio S&P 500 ETF (SPYM) has a volatility of 3.91%. This indicates that RWX experiences smaller price fluctuations and is considered to be less risky than SPYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RWX | SPYM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.69% | 3.91% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 11.53% | 9.98% | +1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.67% | 12.53% | +1.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.85% | 16.92% | -1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.24% | 17.99% | -1.75% |
RWX vs. SPYM - Expense Ratio Comparison
RWX has a 0.59% expense ratio, which is higher than SPYM's 0.02% expense ratio.
Dividends
RWX vs. SPYM - Dividend Comparison
RWX's dividend yield for the trailing twelve months is around 3.89%, more than SPYM's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWX SPDR DJ Wilshire International Real Estate ETF | 3.89% | 3.65% | 4.32% | 3.90% | 4.05% | 4.62% | 2.92% | 8.94% | 5.28% | 2.77% | 8.74% | 2.94% |
SPYM State Street SPDR Portfolio S&P 500 ETF | 1.02% | 1.13% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% |
Frequently Asked Questions
RWX and SPYM have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPYM has higher volatility (3.91%) compared to RWX (3.69%). In terms of maximum drawdown, RWX dropped -73.62% vs SPYM's -54.46%.
On 10-year performance, SPYM leads with 15.27% vs 0.84% for RWX. On fees, SPYM is cheaper at 0.02% per year. On volatility, RWX has been the lower-risk option at 3.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SPYM has performed better with a 15.27% return vs 0.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SPYM is cheaper with a 0.02% expense ratio, compared with 0.59% for RWX.
RWX has the higher dividend yield at 3.89%, compared with 1.02% for SPYM.
RWX is categorized as REIT, while SPYM is S&P 500. RWX tracks Dow Jones Global ex-U.S. Real Estate Securities Index, while SPYM tracks S&P 500 Index. Their fees differ too: 0.59% for RWX and 0.02% for SPYM.
SPYM currently has the higher Sharpe Ratio (1.83 vs 0.59), 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.
Find the right allocation for RWX and SPYM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer