WDIV vs. SPYG

Last updated Jun 4, 2026

WDIV (SPDR S&P Global Dividend ETF) and SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) are both exchange-traded funds - WDIV is a Global Equities fund tracking the S&P Global Dividend Aristocrats Index sp_43, while SPYG is a S&P 500 fund tracking the S&P 500 Growth Index. Both are passively managed. Over the past 10 years, WDIV returned 7.48%/yr vs 18.20%/yr for SPYG. A 0.60 correlation means they provide meaningful diversification when combined. WDIV charges 0.40%/yr vs 0.04%/yr for SPYG.

Performance

WDIV vs. SPYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Global Dividend ETF (WDIV) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WDIV achieves a 8.20% return, which is significantly lower than SPYG's 13.75% return. Over the past 10 years, WDIV has underperformed SPYG with an annualized return of 7.48%, while SPYG has yielded a comparatively higher 18.20% annualized return.

WDIV

• 1D: -1.21%
• 1M: 1.41%
• YTD: 8.20%
• 6M: 10.40%
• 1Y: 21.84%
• 3Y*: 16.97%
• 5Y*: 7.57%
• 10Y*: 7.48%

SPYG

• 1D: -0.98%
• 1M: 7.38%
• YTD: 13.75%
• 6M: 13.57%
• 1Y: 33.95%
• 3Y*: 28.16%
• 5Y*: 16.07%
• 10Y*: 18.20%

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

WDIV vs. SPYG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WDIV SPDR S&P Global Dividend ETF	8.20%	27.16%	7.61%	8.21%	-6.92%	14.44%	-10.18%	20.12%	-8.81%	19.03%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	13.75%	22.09%	35.99%	30.02%	-29.41%	32.01%	33.46%	30.84%	-0.12%	27.24%

Correlation

The correlation between WDIV and SPYG is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since May 31, 2013	0.60

The correlation between WDIV and SPYG shifts across timeframes, from 0.42 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.

WDIV vs. SPYG - Sectors Allocation Comparison

Sectors	WDIV	SPYG
Financial Services	23.1%	8.5%
Utilities	13.8%	1.2%
Real Estate	13.3%	0.6%
Industrials	12.1%	5.0%
Communication Services	9.8%	16.8%
Energy	7.1%	0.1%
Consumer Defensive	6.4%	1.0%
Healthcare	4.6%	5.8%
Consumer Cyclical	3.9%	8.9%
Basic Materials	3.1%	0.3%
Technology	2.9%	51.9%

Return for Risk

WDIV vs. SPYG — Risk / Return Rank

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

WDIV

WDIV Risk / Return Rank: 59
WDIV Sharpe Ratio Rank: 63
WDIV Sortino Ratio Rank: 66
WDIV Omega Ratio Rank: 62
WDIV Calmar Ratio Rank: 51
WDIV Martin Ratio Rank: 54

SPYG

SPYG Risk / Return Rank: 57
SPYG Sharpe Ratio Rank: 62
SPYG Sortino Ratio Rank: 60
SPYG Omega Ratio Rank: 59
SPYG Calmar Ratio Rank: 49
SPYG Martin Ratio Rank: 57

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.

WDIV vs. SPYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Dividend ETF (WDIV) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.

	WDIV	SPYG	Difference
Sharpe ratio Return per unit of total volatility	2.16	2.12	+0.03
Sortino ratio Return per unit of downside risk	3.10	2.90	+0.20
Omega ratio Gain probability vs. loss probability	1.39	1.37	+0.02
Calmar ratio Return relative to maximum drawdown	2.55	2.48	+0.07
Martin ratio Return relative to average drawdown	9.39	10.25	-0.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WDIV vs. SPYG - Sharpe Ratio Comparison

The current WDIV Sharpe Ratio is 2.16, which is comparable to the SPYG Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of WDIV and SPYG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WDIV	SPYG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	2.12	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.76	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.88	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.35	+0.11

Drawdowns

WDIV vs. SPYG - Drawdown Comparison

The maximum WDIV drawdown since its inception was -42.34%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for WDIV and SPYG.

Drawdown Indicators

	WDIV	SPYG	Difference
Max Drawdown Largest peak-to-trough decline	-42.34%	-67.63%	+25.29%
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	-13.76%	+5.15%
Max Drawdown (3Y) Largest decline over 3 years	-11.26%	-22.14%	+10.88%
Max Drawdown (5Y) Largest decline over 5 years	-22.12%	-32.67%	+10.55%
Max Drawdown (10Y) Largest decline over 10 years	-42.34%	-32.67%	-9.67%
Current Drawdown Current decline from peak	-1.25%	-1.13%	-0.12%
Average Drawdown Average peak-to-trough decline	-5.85%	-24.33%	+18.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	3.32%	-0.99%

Volatility

WDIV vs. SPYG - Volatility Comparison

The current volatility for SPDR S&P Global Dividend ETF (WDIV) is 2.95%, while State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 4.35%. This indicates that WDIV experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WDIV	SPYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	4.35%	-1.40%
Volatility (6M) Calculated over the trailing 6-month period	8.01%	12.46%	-4.45%
Volatility (1Y) Calculated over the trailing 1-year period	10.18%	16.06%	-5.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.77%	21.17%	-8.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.40%	20.64%	-5.24%

WDIV vs. SPYG - Expense Ratio Comparison

WDIV has a 0.40% expense ratio, which is higher than SPYG's 0.04% expense ratio.

Dividends

WDIV vs. SPYG - Dividend Comparison

WDIV's dividend yield for the trailing twelve months is around 4.04%, more than SPYG's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	0.47%	0.52%	0.60%	1.15%	1.03%	0.62%	0.90%	1.37%	1.51%	1.41%	1.55%	1.57%
WDIV SPDR S&P Global Dividend ETF	4.04%	4.27%	4.63%	4.73%	5.12%	4.15%	5.55%	3.99%	4.42%	3.62%	4.32%	5.03%

Frequently Asked Questions

Can I hold both WDIV and SPYG in my portfolio?

WDIV and SPYG have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WDIV or SPYG?

SPYG has higher volatility (4.35%) compared to WDIV (2.95%). In terms of maximum drawdown, WDIV dropped -42.34% vs SPYG's -67.63%.

Which ETF is better, WDIV or SPYG?

On 10-year performance, SPYG leads with 18.20% vs 7.48% for WDIV. On fees, SPYG is cheaper at 0.04% per year. On volatility, WDIV has been the lower-risk option at 2.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WDIV or SPYG?

Over the 10-year period, SPYG has performed better with a 18.20% return vs 7.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WDIV or SPYG?

SPYG is cheaper with a 0.04% expense ratio, compared with 0.40% for WDIV.

Which ETF pays a higher dividend yield, WDIV or SPYG?

WDIV has the higher dividend yield at 4.04%, compared with 0.47% for SPYG.

What is the main difference between WDIV and SPYG?

WDIV is categorized as Global Equities, while SPYG is S&P 500. WDIV tracks S&P Global Dividend Aristocrats Index sp_43, while SPYG tracks S&P 500 Growth Index. Their fees differ too: 0.40% for WDIV and 0.04% for SPYG.

Which has better risk-adjusted returns?

WDIV currently has the higher Sharpe Ratio (2.16 vs 2.12), 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.