SLYV vs. GWX
Compare and contrast key facts about SPDR S&P 600 Small Cap Value ETF (SLYV) and SPDR S&P International Small Cap ETF (GWX).
SLYV and GWX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SLYV is a passively managed fund by State Street that tracks the performance of the S&P SmallCap 600 Value Index. It was launched on Sep 29, 2000. 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. Both SLYV and GWX 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
SLYV vs. GWX - Performance Comparison
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SLYV vs. GWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLYV SPDR S&P 600 Small Cap Value ETF | 4.44% | 6.54% | 7.28% | 14.82% | -11.08% | 30.57% | 2.68% | 24.26% | -12.77% | 11.74% |
GWX SPDR S&P International Small Cap ETF | 3.35% | 35.89% | 0.21% | 10.94% | -19.98% | 9.66% | 13.41% | 18.18% | -18.97% | 28.88% |
Returns By Period
In the year-to-date period, SLYV achieves a 4.44% return, which is significantly higher than GWX's 3.35% return. Over the past 10 years, SLYV has outperformed GWX with an annualized return of 9.46%, while GWX has yielded a comparatively lower 7.39% annualized return.
SLYV
- 1D
- 2.14%
- 1M
- -3.30%
- YTD
- 4.44%
- 6M
- 7.85%
- 1Y
- 23.27%
- 3Y*
- 9.97%
- 5Y*
- 4.83%
- 10Y*
- 9.46%
GWX
- 1D
- 3.25%
- 1M
- -9.05%
- YTD
- 3.35%
- 6M
- 6.84%
- 1Y
- 36.16%
- 3Y*
- 14.03%
- 5Y*
- 5.10%
- 10Y*
- 7.39%
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SLYV vs. GWX - Expense Ratio Comparison
SLYV has a 0.15% expense ratio, which is lower than GWX's 0.40% expense ratio.
Return for Risk
SLYV vs. GWX — Risk / Return Rank
SLYV
GWX
SLYV vs. GWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 600 Small Cap Value ETF (SLYV) and SPDR S&P International Small Cap ETF (GWX). 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.
| SLYV | GWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 2.17 | -1.18 |
Sortino ratioReturn per unit of downside risk | 1.51 | 2.86 | -1.35 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.42 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 1.51 | 2.94 | -1.43 |
Martin ratioReturn relative to average drawdown | 5.74 | 11.98 | -6.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SLYV | GWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 2.17 | -1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.31 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.43 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.21 | +0.23 |
Correlation
The correlation between SLYV and GWX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SLYV vs. GWX - Dividend Comparison
SLYV's dividend yield for the trailing twelve months is around 2.01%, less than GWX's 2.74% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLYV SPDR S&P 600 Small Cap Value ETF | 2.01% | 2.02% | 2.30% | 2.11% | 1.47% | 1.94% | 1.40% | 1.67% | 2.14% | 5.53% | 2.18% | 6.55% |
GWX SPDR S&P International Small Cap ETF | 2.74% | 2.83% | 2.71% | 2.64% | 2.71% | 2.75% | 1.74% | 3.41% | 2.94% | 5.18% | 4.21% | 2.67% |
Drawdowns
SLYV vs. GWX - Drawdown Comparison
The maximum SLYV drawdown since its inception was -61.15%, roughly equal to the maximum GWX drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for SLYV and GWX.
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Drawdown Indicators
| SLYV | GWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.15% | -63.25% | +2.10% |
Max Drawdown (1Y)Largest decline over 1 year | -15.73% | -11.91% | -3.82% |
Max Drawdown (5Y)Largest decline over 5 years | -28.68% | -34.58% | +5.90% |
Max Drawdown (10Y)Largest decline over 10 years | -47.73% | -45.27% | -2.46% |
Current DrawdownCurrent decline from peak | -6.18% | -9.05% | +2.87% |
Average DrawdownAverage peak-to-trough decline | -9.00% | -14.85% | +5.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.13% | 2.92% | +1.21% |
Volatility
SLYV vs. GWX - Volatility Comparison
The current volatility for SPDR S&P 600 Small Cap Value ETF (SLYV) is 5.43%, while SPDR S&P International Small Cap ETF (GWX) has a volatility of 7.73%. This indicates that SLYV experiences smaller price fluctuations and is considered to be less risky than GWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLYV | GWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.43% | 7.73% | -2.30% |
Volatility (6M)Calculated over the trailing 6-month period | 13.48% | 11.67% | +1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.64% | 16.79% | +6.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.12% | 16.55% | +5.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.97% | 17.24% | +6.73% |