WXHG.AX vs. WDIV.AX
WXHG.AX (SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF) and WDIV.AX (SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF) are both exchange-traded funds - WXHG.AX is a Global Equities fund tracking the SPDR Index, while WDIV.AX is a Dividend fund tracking the SPDR Index. Both are passively managed. Over the past 10 years, WXHG.AX returned 11.79%/yr vs 7.78%/yr for WDIV.AX. At a 0.48 correlation, their price movements are largely independent.
Performance
WXHG.AX vs. WDIV.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WXHG.AX achieves a 6.30% return, which is significantly lower than WDIV.AX's 6.64% return. Over the past 10 years, WXHG.AX has outperformed WDIV.AX with an annualized return of 11.79%, while WDIV.AX has yielded a comparatively lower 7.78% annualized return.
WXHG.AX
- 1D
- -1.05%
- 1M
- -0.38%
- 6M
- 4.97%
- YTD
- 6.30%
- 1Y
- 18.02%
- 3Y*
- 17.16%
- 5Y*
- 10.02%
- 10Y*
- 11.79%
WDIV.AX
- 1D
- 0.19%
- 1M
- 2.96%
- 6M
- 4.11%
- YTD
- 6.64%
- 1Y
- 12.20%
- 3Y*
- 15.80%
- 5Y*
- 9.65%
- 10Y*
- 7.78%
WXHG.AX vs. WDIV.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WXHG.AX SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF | 6.30% | 18.99% | 19.77% | 23.72% | -19.94% | 23.36% | 10.60% | 25.72% | -8.51% | 20.03% |
WDIV.AX SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF | 6.64% | 19.30% | 15.11% | 5.95% | -0.52% | 20.51% | -17.75% | 18.87% | 1.84% | 7.10% |
Correlation
The correlation between WXHG.AX and WDIV.AX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2013 | 0.48 |
Over the past year, the correlation between WXHG.AX and WDIV.AX has dropped to 0.25 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
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
WXHG.AX vs. WDIV.AX — Risk / Return Rank
WXHG.AX
WDIV.AX
WXHG.AX vs. WDIV.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG.AX) and SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX). 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.
| WXHG.AX | WDIV.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.23 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 1.63 | +0.23 |
| Martin ratioReturn relative to average drawdown | 7.77 | 4.65 | +3.12 |
Loading charts...
Drawdowns
WXHG.AX vs. WDIV.AX - Drawdown Comparison
The maximum WXHG.AX drawdown since its inception was -36.37%, which is greater than WDIV.AX's maximum drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for WXHG.AX and WDIV.AX.
Loading charts...
Drawdown Indicators
| WXHG.AX | WDIV.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.37% | -32.49% | -3.88% |
Max Drawdown (1Y)Largest decline over 1 year | -9.34% | -7.29% | -2.05% |
Max Drawdown (3Y)Largest decline over 3 years | -18.93% | -7.29% | -11.64% |
Max Drawdown (5Y)Largest decline over 5 years | -26.29% | -10.93% | -15.36% |
Max Drawdown (10Y)Largest decline over 10 years | -36.37% | -32.49% | -3.88% |
Current DrawdownCurrent decline from peak | -1.09% | 0.00% | -1.09% |
Average DrawdownAverage peak-to-trough decline | -4.59% | -5.10% | +0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 2.59% | -0.32% |
Volatility
WXHG.AX vs. WDIV.AX - Volatility Comparison
SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG.AX) has a higher volatility of 2.76% compared to SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) at 2.42%. This indicates that WXHG.AX's price experiences larger fluctuations and is considered to be riskier than WDIV.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WXHG.AX | WDIV.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 2.42% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 7.18% | +3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.87% | 10.81% | +2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.45% | 10.21% | +6.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 12.00% | +4.86% |
Dividends
WXHG.AX vs. WDIV.AX - Dividend Comparison
WXHG.AX's dividend yield for the trailing twelve months is around 7.19%, less than WDIV.AX's 10.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WDIV.AX SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF | 10.45% | 7.31% | 2.90% | 4.72% | 4.45% | 4.11% | 5.81% | 4.95% | 7.54% | 3.96% | 3.92% | 8.97% |
WXHG.AX SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF | 7.19% | 6.68% | 6.35% | 5.69% | 25.09% | 2.77% | 3.83% | 4.25% | 2.54% | 2.83% | 3.55% | 5.33% |
Frequently Asked Questions
WXHG.AX and WDIV.AX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WXHG.AX is categorized as Global Equities, while WDIV.AX is Dividend. Both ETFs track SPDR Index.
Find the right allocation for WXHG.AX and WDIV.AX
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