WXOZ.AX vs. WDIV.AX
WXOZ.AX (SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware ETF) and WDIV.AX (SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF) are both exchange-traded funds - WXOZ.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, WXOZ.AX returned 13.02%/yr vs 7.78%/yr for WDIV.AX. A 0.64 correlation means they provide meaningful diversification when combined.
Performance
WXOZ.AX vs. WDIV.AX - Performance Comparison
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Returns By Period
In the year-to-date period, WXOZ.AX achieves a 1.34% return, which is significantly lower than WDIV.AX's 6.64% return. Over the past 10 years, WXOZ.AX has outperformed WDIV.AX with an annualized return of 13.02%, while WDIV.AX has yielded a comparatively lower 7.78% annualized return.
WXOZ.AX
- 1D
- -0.94%
- 1M
- 0.34%
- 6M
- 0.28%
- YTD
- 1.34%
- 1Y
- 8.50%
- 3Y*
- 16.50%
- 5Y*
- 11.47%
- 10Y*
- 13.02%
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%
WXOZ.AX vs. WDIV.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WXOZ.AX SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware ETF | 1.34% | 13.34% | 30.01% | 25.81% | -16.15% | 29.03% | 6.06% | 27.87% | 0.21% | 14.36% |
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 WXOZ.AX and WDIV.AX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2013 | 0.64 |
The correlation between WXOZ.AX and WDIV.AX shifts across timeframes, from 0.48 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WXOZ.AX vs. WDIV.AX — Risk / Return Rank
WXOZ.AX
WDIV.AX
WXOZ.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 ETF (WXOZ.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.
| WXOZ.AX | WDIV.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.23 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 1.63 | -0.96 |
| Martin ratioReturn relative to average drawdown | 1.92 | 4.65 | -2.73 |
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Drawdowns
WXOZ.AX vs. WDIV.AX - Drawdown Comparison
The maximum WXOZ.AX drawdown since its inception was -24.28%, smaller than the maximum WDIV.AX drawdown of -32.49%. Use the drawdown chart below to compare losses from any high point for WXOZ.AX and WDIV.AX.
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Drawdown Indicators
| WXOZ.AX | WDIV.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.28% | -32.49% | +8.21% |
Max Drawdown (1Y)Largest decline over 1 year | -12.21% | -7.29% | -4.92% |
Max Drawdown (3Y)Largest decline over 3 years | -16.95% | -7.29% | -9.66% |
Max Drawdown (5Y)Largest decline over 5 years | -22.25% | -10.93% | -11.32% |
Max Drawdown (10Y)Largest decline over 10 years | -24.28% | -32.49% | +8.21% |
Current DrawdownCurrent decline from peak | -1.51% | 0.00% | -1.51% |
Average DrawdownAverage peak-to-trough decline | -4.23% | -5.10% | +0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.34% | 2.59% | +1.75% |
Volatility
WXOZ.AX vs. WDIV.AX - Volatility Comparison
SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware ETF (WXOZ.AX) and SPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF (WDIV.AX) have volatilities of 2.47% and 2.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WXOZ.AX | WDIV.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.47% | 2.42% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.19% | 7.18% | +1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.15% | 10.81% | -0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.10% | 10.21% | +2.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.37% | 12.00% | +1.37% |
Dividends
WXOZ.AX vs. WDIV.AX - Dividend Comparison
WXOZ.AX's dividend yield for the trailing twelve months is around 6.06%, 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% |
WXOZ.AX SPDR ETFs Australia - State Street SPDR S&P World ex Australia Carbon Aware ETF | 6.06% | 6.66% | 5.97% | 4.03% | 13.64% | 1.29% | 2.06% | 2.85% | 2.55% | 2.17% | 3.32% | 4.47% |
Frequently Asked Questions
WXOZ.AX and WDIV.AX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WXOZ.AX is categorized as Global Equities, while WDIV.AX is Dividend. Both ETFs track SPDR Index.
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