SPDW vs. AAGIY

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR Portfolio World ex-US ETF (SPDW) and AIA Group Ltd ADR (AAGIY).

SPDW is a passively managed fund by State Street that tracks the performance of the S&P Developed Ex-U.S. BMI Index. It was launched on Apr 26, 2007.

Performance

SPDW vs. AAGIY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio World ex-US ETF (SPDW) and AIA Group Ltd ADR (AAGIY). The values are adjusted to include any dividend payments, if applicable.

SPDW vs. AAGIY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPDW SPDR Portfolio World ex-US ETF	4.50%	34.75%	3.55%	17.81%	-15.98%	11.45%	9.90%	22.41%	-14.22%	25.81%
AAGIY AIA Group Ltd ADR	9.14%	46.33%	-12.94%	-20.35%	12.33%	-16.82%	18.71%	30.08%	-2.70%	56.35%

Returns By Period

In the year-to-date period, SPDW achieves a 4.50% return, which is significantly lower than AAGIY's 9.14% return. Both investments have delivered pretty close results over the past 10 years, with SPDW having a 9.48% annualized return and AAGIY not far ahead at 9.69%.

SPDW

• 1D: 1.66%
• 1M: -5.40%
• YTD: 4.50%
• 6M: 9.57%
• 1Y: 31.56%
• 3Y*: 16.67%
• 5Y*: 8.64%
• 10Y*: 9.48%

AAGIY

• 1D: 0.56%
• 1M: 2.49%
• YTD: 9.14%
• 6M: 16.31%
• 1Y: 49.39%
• 3Y*: 5.42%
• 5Y*: 0.61%
• 10Y*: 9.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SPDW vs. AAGIY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPDW

SPDW Risk / Return Rank: 87
SPDW Sharpe Ratio Rank: 86
SPDW Sortino Ratio Rank: 87
SPDW Omega Ratio Rank: 87
SPDW Calmar Ratio Rank: 87
SPDW Martin Ratio Rank: 87

AAGIY

AAGIY Risk / Return Rank: 86
AAGIY Sharpe Ratio Rank: 88
AAGIY Sortino Ratio Rank: 84
AAGIY Omega Ratio Rank: 82
AAGIY Calmar Ratio Rank: 86
AAGIY Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPDW vs. AAGIY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio World ex-US ETF (SPDW) and AIA Group Ltd ADR (AAGIY). 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.

	SPDW	AAGIY	Difference
Sharpe ratio Return per unit of total volatility	1.80	1.77	+0.04
Sortino ratio Return per unit of downside risk	2.46	2.42	+0.03
Omega ratio Gain probability vs. loss probability	1.36	1.31	+0.05
Calmar ratio Return relative to maximum drawdown	2.77	3.15	-0.38
Martin ratio Return relative to average drawdown	10.76	9.97	+0.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPDW vs. AAGIY - Sharpe Ratio Comparison

The current SPDW Sharpe Ratio is 1.80, which is comparable to the AAGIY Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of SPDW and AAGIY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPDW	AAGIY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.80	1.77	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.02	+0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.33	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.40	-0.18

Correlation

The correlation between SPDW and AAGIY is 0.46, 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

SPDW vs. AAGIY - Dividend Comparison

SPDW's dividend yield for the trailing twelve months is around 3.16%, more than AAGIY's 2.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPDW SPDR Portfolio World ex-US ETF	3.16%	3.30%	3.19%	2.75%	3.12%	3.04%	1.87%	3.13%	3.08%	1.86%	3.11%	2.78%
AAGIY AIA Group Ltd ADR	2.07%	2.26%	4.91%	2.29%	1.70%	1.69%	1.29%	1.50%	1.46%	2.17%	3.26%	1.00%

Drawdowns

SPDW vs. AAGIY - Drawdown Comparison

The maximum SPDW drawdown since its inception was -60.02%, which is greater than AAGIY's maximum drawdown of -55.79%. Use the drawdown chart below to compare losses from any high point for SPDW and AAGIY.

Drawdown Indicators

	SPDW	AAGIY	Difference
Max Drawdown Largest peak-to-trough decline	-60.02%	-55.79%	-4.23%
Max Drawdown (1Y) Largest decline over 1 year	-11.55%	-16.57%	+5.02%
Max Drawdown (5Y) Largest decline over 5 years	-30.21%	-54.45%	+24.24%
Max Drawdown (10Y) Largest decline over 10 years	-34.98%	-55.79%	+20.81%
Current Drawdown Current decline from peak	-7.11%	-8.65%	+1.54%
Average Drawdown Average peak-to-trough decline	-13.01%	-14.62%	+1.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	5.23%	-2.26%

Volatility

SPDW vs. AAGIY - Volatility Comparison

The current volatility for SPDR Portfolio World ex-US ETF (SPDW) is 7.85%, while AIA Group Ltd ADR (AAGIY) has a volatility of 8.91%. This indicates that SPDW experiences smaller price fluctuations and is considered to be less risky than AAGIY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPDW	AAGIY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.85%	8.91%	-1.06%
Volatility (6M) Calculated over the trailing 6-month period	11.62%	19.94%	-8.32%
Volatility (1Y) Calculated over the trailing 1-year period	17.61%	28.17%	-10.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.27%	30.52%	-14.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.16%	29.12%	-11.96%