State Street SPDR MSCI ACWI ex-US ETF (CWI)

Market Price (9/5/2026): $41.89

State Street SPDR MSCI ACWI ex-US ETF (CWI)

Market Price (9/5/2026): $41.89

Key Takeaways

CWI has returned +16.6% YTD vs +13.3% for SPY; +26.7% over the past 12 months (SPY +19.7%). details →
Priced in gold, CWI has returned -24.0% over the past 3 years, vs +75.9% in dollars — its dollar gains have lagged gold. details →
Over the past month, CWI has seen net inflows of +$25M (+0.9% of assets). details →
CWI is trading at an all-time high. details →
CWI's +16.6% YTD is ahead of its typical pace — it averaged +6.4% at this point (September 4) over the past 5 years. details →

Last updated: 9/4/2026.

Price Chart

ETF Price
Price/Gold

Asset Allocation with CWI

Risk Tolerance:

ConservativeModerateAggressive

Moderate — 55% equity / 25% bonds / 20% alternatives

10Y Return (ann.)

+8.7%

Volatility

10.7%

Sharpe

0.58

YTD

+11.4%

Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

	ETF	%	1D	1W	1M	YTD
Equity	CWI	25.0%	0.6%	1.2%	2.3%	16.6%
Bond	BND	50.0%	0.0%	-0.1%	-0.1%	-0.2%
Gold	GLD	10.0%	-0.8%	-0.5%	4.4%	2.6%
Commodity	DBC	2.5%	0.0%	3.8%	10.7%	42.9%
Real Estate	VNQ	5.0%	-0.7%	-1.3%	-2.1%	10.6%
Bitcoin	BTCUSD	0.0%	-0.3%	4.2%	26.2%	-7.4%
Cash	GOVT	7.5%	0.0%	-0.5%	-0.4%	-0.8%
Conservative Portfolio		100.0%	0.1%	0.2%	1.1%	5.9%

	ETF	%	1D	1W	1M	YTD
Equity	CWI	55.0%	0.6%	1.2%	2.3%	16.6%
Bond	BND	25.0%	0.0%	-0.1%	-0.1%	-0.2%
Gold	GLD	7.0%	-0.8%	-0.5%	4.4%	2.6%
Commodity	DBC	4.0%	0.0%	3.8%	10.7%	42.9%
Real Estate	VNQ	5.0%	-0.7%	-1.3%	-2.1%	10.6%
Bitcoin	BTCUSD	2.0%	-0.3%	4.2%	26.2%	-7.4%
Cash	GOVT	2.0%	0.0%	-0.5%	-0.4%	-0.8%
Moderate Portfolio		100.0%	0.3%	0.7%	2.4%	11.4%

	ETF	%	1D	1W	1M	YTD
Equity	CWI	80.0%	0.6%	1.2%	2.3%	16.6%
Bond	BND	5.0%	0.0%	-0.1%	-0.1%	-0.2%
Gold	GLD	3.0%	-0.8%	-0.5%	4.4%	2.6%
Commodity	DBC	2.2%	0.0%	3.8%	10.7%	42.9%
Real Estate	VNQ	4.5%	-0.7%	-1.3%	-2.1%	10.6%
Bitcoin	BTCUSD	5.2%	-0.3%	4.2%	26.2%	-7.4%
Cash	GOVT	0.0%	0.0%	-0.5%	-0.4%	-0.8%
Aggressive Portfolio		100.0%	0.5%	1.2%	3.5%	14.4%

	ETF	%	Return	Volatility	Sharpe
Equity	CWI	25.0%	9.7%	14.6%	0.50
Bond	BND	50.0%	1.4%	5.1%	-0.26
Gold	GLD	10.0%	12.4%	15.2%	0.64
Commodity	DBC	2.5%	7.9%	17.3%	0.34
Real Estate	VNQ	5.0%	4.8%	17.4%	0.19
Bitcoin	BTCUSD	0.0%	63.9%	76.0%	0.96
Cash	GOVT	7.5%	0.4%	4.9%	-0.47
Conservative Portfolio		100.0%	4.9%	7.2%	0.31

	ETF	%	Return	Volatility	Sharpe
Equity	CWI	55.0%	9.7%	14.6%	0.50
Bond	BND	25.0%	1.4%	5.1%	-0.26
Gold	GLD	7.0%	12.4%	15.2%	0.64
Commodity	DBC	4.0%	7.9%	17.3%	0.34
Real Estate	VNQ	5.0%	4.8%	17.4%	0.19
Bitcoin	BTCUSD	2.0%	63.9%	76.0%	0.96
Cash	GOVT	2.0%	0.4%	4.9%	-0.47
Moderate Portfolio		100.0%	8.7%	10.7%	0.58

	ETF	%	Return	Volatility	Sharpe
Equity	CWI	80.0%	9.7%	14.6%	0.50
Bond	BND	5.0%	1.4%	5.1%	-0.26
Gold	GLD	3.0%	12.4%	15.2%	0.64
Commodity	DBC	2.2%	7.9%	17.3%	0.34
Real Estate	VNQ	4.5%	4.8%	17.4%	0.19
Bitcoin	BTCUSD	5.2%	63.9%	76.0%	0.96
Cash	GOVT	0.0%	0.4%	4.9%	-0.47
Aggressive Portfolio		100.0%	12.6%	14.3%	0.71

Figures are on an annualized basis, based on monthly return data for the last 10 years

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	CWI	25.0%	-26.7%	-29.1%	-14.2%
Bond	BND	50.0%	-14.2%	-2.2%	1.3%
Gold	GLD	10.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	2.5%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	0.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	7.5%	-12.4%	4.4%	1.6%
Conservative Portfolio		100.0%	-16.5%	-11.4%	-3.3%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	CWI	55.0%	-26.7%	-29.1%	-14.2%
Bond	BND	25.0%	-14.2%	-2.2%	1.3%
Gold	GLD	7.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	4.0%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	2.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	2.0%	-12.4%	4.4%	1.6%
Moderate Portfolio		100.0%	-20.8%	-20.6%	-9.1%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	CWI	80.0%	-26.7%	-29.1%	-14.2%
Bond	BND	5.0%	-14.2%	-2.2%	1.3%
Gold	GLD	3.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	2.2%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	4.5%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	5.2%	-56.0%	-33.5%	-37.4%
Cash	GOVT	0.0%	-12.4%	4.4%	1.6%
Aggressive Portfolio		100.0%	-26.1%	-27.8%	-14.0%

The table shows the return of different asset classes during market crises - specifically during the period where the S&P fell and bottomed

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Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance

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Valuation & Yield

	Forward [4,5]	Now	Historical (CYE & TTM)
	9/30/27	9/5/26	2025	2024	2023	2022	2021
Share Price CYE		$41.90	$35.92	$27.06	$25.46	$22.00	$26.00
Dividend/Share TTM		$0.62	$1.07	$0.81	$0.76	$0.76	$0.78
Valuation [1]
P/S	0.99	1.05	1.40	1.40	1.19	1.19	1.49
P/E		16.33	19.34	20.07	19.65	24.13	27.31
P/E (Non-GAAP) [2]	13.17	14.76	16.62	18.01	18.66	25.36	26.54
P/FCF		27.52	23.72	18.84	24.66	278.47	30.81
Yields TTM
Earnings Yield	7.59%	6.12%	5.17%	4.98%	5.09%	4.14%	3.66%
Dividend Yield	1.48%	1.48%	2.97%	2.99%	2.98%	3.47%	2.99%
Total Yield (TY)	9.07%	7.60%	8.14%	7.97%	8.07%	7.61%	6.65%
Risk Premium [3]
Risk Free Rate (Rf)	4.77%	4.77%	4.18%	4.58%	3.88%	3.88%	1.52%
Risk Prem. (TY - Rf)	4.30%	2.83%	3.96%	3.39%	4.19%	3.73%	5.13%
Growth Rates [6]
Sales Growth	17.0%	2.7%	-12.2%	-9.8%	3.2%	21.9%
Earnings Growth [7]		2.0%	124.4%	-31.1%	-54.3%	-51.4%

[1] P/E uses the aggregate method over profitable constituents; P/FCF aggregates net free cash flow across all constituents (negative-FCF names reduce it); P/S uses all constituents. Ratios reflect current ETF holdings at current weights. P/FCF has no Forward column (no analyst FCF estimate).
[2] P/E (Non-GAAP) uses analyst consensus net income (adjusted basis) for all periods. The standard P/E row above uses GAAP net income.
[3] The premium above the risk free rate (US 10Y) offered by the investment. Negative premiums can indicate stretched valuations.
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Highlights

YIELD

CWI's earnings yield is 6.12%, based on its 16.3x trailing P/E. With a 1.48% dividend yield, CWI is yielding 7.60% in total.

RISK

Compared to US Treasuries at 4.77%, CWI's total yield implies a reasonable 2.83% risk premium. Risk premiums at this level suggest valuations are not excessive.

FORWARD EXPECTATIONS

Based on analyst estimates, CWI's forward total yield is 9.07%, implying a 4.30% risk premium assuming stable Treasury rates.

Top 20 Holdings for CWI

Total Weights
Top 5: 10.8% | Top 10: 14.0% | Top 20: 14.6%

Ticker	Holding	ETF Weight	Sales Weight	Earnings Weight	Fwd P/S	Fwd P/E	Fwd Sales Growth	Fwd Earnings Growth
Total		6.24%	100.00%	100.00%	0.3	0.5	+17.0%	+21.9%
Top 20		0.59%	0.54%	1.56%	0.8	10.6	+3.0%	+23.2%
TSM	Taiwan Semiconductor Manufacturing	4.96%	—	—	—	—	—	—
SMSN	Samsung Electronics	2.47%	—	—	—	—	—	—
null	N/A	0.63%	—	—	—	—	—	—
ASML	ASML	1.82%	—	—	—	—	—	—
0700.HK	Tencent Holdings	0.90%	—	—	—	—	—	—
SHEL	Shell	0.68%	—	—	—	—	—	—
AZN	AstraZeneca	0.66%	—	—	—	—	—	—
BHP.AX	BHP.AX	0.65%	—	—	—	—	—	—
SAP	SAP	0.64%	—	—	—	—	—	—
SAN	Banco Santander	0.62%	—	—	—	—	—	—
ALV	Autoliv	0.59%	0.54%	1.56%	0.8	10.6	+3.0%	+23.2%

[1] Total and Top 20 rows are weighted aggregates across constituents.
[2] Forward P/S and P/E ratios use consensus sales and earnings for the 12 months ending 9/30/27. Individual constituent FY1 and FY2 consensus figures adjusted to align with 9/30/27.
[3] Forward Sales and Non-GAAP Earnings Growth are calculated as next fiscal year (FY2) consensus growth over current fiscal year (FY1) consensus. They are not derived from the forward P/S and P/E multiples shown.

Performance for CWI Top Holdings

Ticker	Holding	Weight	Mkt Price 9/4	1D Rtn	1M Rtn	YTD Rtn	1Y Rtn	3Y Rtn	5Y Rtn	10Y Rtn
CWI	State Street SPDR MSCI ACWI ex-US ETF	100.00%	41.90	0.6%	2.0%	16.6%	26.7%	75.9%	57.0%	146.5%
TSM	Taiwan Semiconductor Manufacturing	4.96%	428.91	2.9%	3.6%	41.9%	84.3%	372.9%	275.0%	1,726.7%
SMSN	Samsung Electronics	2.47%
null	N/A	0.63%
ASML	ASML	1.82%	1,714.88	4.2%	2.2%	61.1%	129.1%	164.9%	109.5%	1,644.0%
0700.HK	Tencent Holdings	0.90%
SHEL	Shell	0.68%	92.95	0.7%	6.8%	30.0%	33.3%	66.4%	186.5%	183.5%
AZN	AstraZeneca	0.66%	162.70	-1.3%	1.4%	-5.7%	2.2%	29.1%	51.6%	222.7%
BHP.AX	BHP.AX	0.65%
SAP	SAP	0.64%	215.11	-0.9%	9.0%	-9.9%	-19.5%	62.4%	56.1%	178.1%
SAN	Banco Santander	0.62%	14.93	-0.8%	2.0%	28.9%	59.8%	349.5%	390.3%	399.2%
ALV	Autoliv	0.59%	125.20	0.1%	2.4%	7.9%	3.6%	39.2%	65.9%	112.3%

Guidance Updates for CWI Top Holdings

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
CWI Return	9%	-15%	16%	6%	33%	16%	74%
Peers Return	9%	-16%	16%	3%	33%	18%	71%
S&P 500 Return	27%	-19%	24%	23%	16%	13%	106%
Monthly Win Rates [3]
CWI Win Rate	67%	33%	58%	58%	92%	67%
Peers Win Rate	67%	33%	58%	38%	92%	72%
S&P 500 Win Rate	75%	42%	67%	75%	67%	56%
Max Drawdowns [4]
CWI Max Drawdown	-7%	-28%	-12%	-8%	-14%	-11%
Peers Max Drawdown	-7%	-29%	-12%	-9%	-14%	-11%
S&P 500 Max Drawdown	-5%	-25%	-10%	-8%	-19%	-9%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: VXUS, VEU, IXUS, CORO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/4/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker	1Y	3Y	5Y
CWI	1.15	0.98	0.41
Equity Top Results (3Y)
IALT	2.08	2.08	2.08
VLUE	2.53	1.42	0.74
SPMO	0.94	1.37	0.79
CORO	1.35	1.33	1.33
CGDV	1.28	1.31	0.94

Results as of 8312026.

Event	CWI	S&P 500
2025 US Tariff Shock
% Loss	-11.4%	-18.8%
% Gain to Breakeven	12.9%	23.1%
Time to Breakeven	16 days	79 days
Summer-Fall 2023 Five Percent Yield Shock
% Loss	-11.0%	-9.5%
% Gain to Breakeven	12.3%	10.5%
Time to Breakeven	48 days	24 days
2022 Inflation Shock & Fed Tightening
% Loss	-27.3%	-24.5%
% Gain to Breakeven	37.5%	32.4%
Time to Breakeven	506 days	427 days
2020 COVID-19 Crash
% Loss	-32.7%	-33.7%
% Gain to Breakeven	48.5%	50.9%
Time to Breakeven	231 days	140 days
Q4 2018 Fed Policy Error / Growth Scare
% Loss	-13.1%	-19.2%
% Gain to Breakeven	15.0%	23.8%
Time to Breakeven	85 days	105 days
2015-2016 China Devaluation / Global Growth Scare
% Loss	-18.1%	-12.2%
% Gain to Breakeven	22.0%	13.9%
Time to Breakeven	189 days	62 days

Compare to VXUS, VEU, IXUS, CORO

In The Past

State Street SPDR MSCI ACWI ex-US ETF's stock fell -11.4% during the 2025 US Tariff Shock. Such a loss loss requires a 12.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Event	CWI	S&P 500
2022 Inflation Shock & Fed Tightening
% Loss	-27.3%	-24.5%
% Gain to Breakeven	37.5%	32.4%
Time to Breakeven	506 days	427 days
2020 COVID-19 Crash
% Loss	-32.7%	-33.7%
% Gain to Breakeven	48.5%	50.9%
Time to Breakeven	231 days	140 days
2014-2016 Oil Price Collapse
% Loss	-23.8%	-6.8%
% Gain to Breakeven	31.3%	7.3%
Time to Breakeven	439 days	15 days
2011 US Debt Ceiling Crisis & European Contagion
% Loss	-24.0%	-17.9%
% Gain to Breakeven	31.6%	21.8%
Time to Breakeven	484 days	123 days
2008-2009 Global Financial Crisis
% Loss	-58.3%	-53.4%
% Gain to Breakeven	139.9%	114.4%
Time to Breakeven	1688 days	1085 days

Compare to VXUS, VEU, IXUS, CORO

In The Past

State Street SPDR MSCI ACWI ex-US ETF's stock fell -11.4% during the 2025 US Tariff Shock. Such a loss loss requires a 12.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

CWI Dip Buy History

CWI had 21 events since 1/17/2007 where the dip threshold of -5.0% within 60 days was triggered

11% median peak return within 1 year of dip event
246 days is the median time to peak return after a dip event
-13% median max drawdown within 1 year of dip event

60 Day Dip			CWI Subsequent Performance
Date	CWI	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			-2%	11%	-13%	246
4072025	-5%	-14%	51%	55%	-1%	324
12182024	-7%	3%	34%	34%	-5%	373
9262023	-5%	-4%	28%	28%	-4%	366
3032022	-6%	-5%	-2%	4%	-20%	26
1272022	-6%	-6%	-4%	5%	-23%	13
11262021	-5%	2%	-13%	6%	-24%	47
2272020	-6%	-5%	25%	31%	-26%	355
8102018	-5%	4%	-3%	3%	-13%	327
4202018	-6%	-5%	-2%	1%	-17%	24
11162016	-5%	0%	28%	29%	-0%	355
1052016	-6%	1%	9%	11%	-10%	246
7082015	-7%	-2%	-7%	6%	-16%	8
9252014	-5%	0%	-12%	6%	-13%	215
6242013	-6%	1%	26%	27%	0%	360
5092012	-6%	1%	21%	22%	-9%	364
7182011	-6%	-1%	-12%	4%	-21%	4
5182010	-6%	2%	26%	34%	-5%	346
2042010	-5%	-0%	24%	24%	-7%	362
6262008	-6%	-6%	-28%	1%	-53%	4
1042008	-7%	-9%	-40%	5%	-53%	136
8152007	-7%	-7%	-7%	19%	-7%	77

[1] Dip event defined as first instance dip threshold is triggered within a 60-day time period.
[2] Analysis for period from 1/1/2005 to 9/4/2026

CWI had 16 events since 1/17/2007 where the dip threshold of -10% within 90 days was triggered

14% median peak return within 1 year of dip event
262 days is the median time to peak return after a dip event
-9% median max drawdown within 1 year of dip event

90 Day Dip			CWI Subsequent Performance
Date	CWI	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			6%	14%	-9%	262
4262022	-12%	-11%	6%	7%	-16%	281
3042022	-11%	-5%	-2%	7%	-19%	25
3092020	-13%	-9%	39%	44%	-19%	344
12072018	-11%	-6%	14%	16%	-5%	335
10242018	-11%	-4%	13%	13%	-4%	366
1202016	-11%	-4%	21%	22%	-1%	231
12112015	-11%	-3%	8%	11%	-10%	271
8212015	-12%	-6%	6%	7%	-13%	363
1052015	-11%	2%	-5%	14%	-8%	113
10152014	-10%	-4%	2%	14%	-8%	195
6012012	-11%	-2%	26%	34%	0%	354
8052011	-11%	-8%	-1%	6%	-14%	227
8202010	-11%	-11%	2%	29%	-2%	252
5072010	-11%	-1%	30%	35%	-4%	357
8082008	-10%	-5%	-16%	0%	-50%	0
2052008	-11%	-11%	-43%	14%	-49%	104

[1] Dip event defined as first instance dip threshold is triggered within a 90-day time period.
[2] Analysis for period from 1/1/2005 to 9/4/2026

CWI had 7 events since 1/17/2007 where the dip threshold of -20% within 180 days was triggered

20% median peak return within 1 year of dip event
316 days is the median time to peak return after a dip event
-7.9% median max drawdown within 1 year of dip event

180 Day Dip			CWI Subsequent Performance
Date	CWI	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			17%	20%	-8%	316
9152022	-20%	-18%	15%	21%	-8%	316
7112022	-20%	-14%	18%	18%	-9%	339
3122020	-21%	-14%	60%	63%	-8%	341
1112016	-20%	-8%	15%	16%	-6%	240
11232011	-20%	-9%	17%	20%	-0%	296
9222011	-21%	-10%	21%	22%	-1%	358
8192008	-21%	-13%	-12%	3%	-48%	9

[1] Dip event defined as first instance dip threshold is triggered within a 180-day time period.
[2] Analysis for period from 1/1/2005 to 9/4/2026

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Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

Ticker	Name	Dip %	Mkt Price	Price Date	Peak Price	Peak Date	# Days
IWP	iShares Russell Mid-Cap Growth ETF	-5.4%	139.69	9042026	147.70	8172026	18
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	-8.3%	34.20	9042026	37.30	6222026	74
EWY	iShares MSCI South Korea ETF	-13.8%	188.87	9042026	219.20	6212026	75
EWZ	iShares MSCI Brazil ETF	-9.3%	37.86	9042026	41.73	4142026	143
FXI	iShares China Large-Cap ETF	-6.2%	35.88	9042026	38.26	5132026	114
ILF	iShares Latin America 40 ETF	-5.3%	36.07	9042026	38.10	4142026	143
KWEB	KraneShares CSI China Internet ETF	-15.9%	26.05	9042026	30.99	3102026	178
MTUM	iShares MSCI USA Momentum Factor ETF	-11.7%	304.86	9042026	345.22	6222026	74
SPHQ	Invesco S&P 500 Quality ETF	-5.3%	85.32	9042026	90.10	6302026	66
SPMO	Invesco S&P 500 Momentum ETF	-7.4%	149.72	9042026	161.66	6222026	74
URA	Global X Uranium ETF	-20.9%	46.06	9042026	58.26	5062026	121
BOTZ	Global X Funds Global X Robotics & Artificial Intelligence ETF	-13.6%	35.95	9042026	41.63	5132026	114
ROBO	ROBO Global Robotics & Automation Index ETF	-10.8%	80.57	9042026	90.34	6022026	94
LIT	Global X Lithium & Battery Tech ETF	-19.0%	74.18	9042026	91.62	5112026	116
ICLN	iShares Global Clean Energy ETF	-25.2%	17.77	9042026	23.75	6022026	94
ARKQ	ARK Autonomous Technology & Robotics ETF	-15.0%	122.25	9042026	143.82	5282026	99
ARKX	ARK Space & Defense Innovation ETF	-14.6%	32.22	9042026	37.74	5282026	99
NASA	Tema Space Innovators ETF	-43.9%	23.52	9042026	41.89	5272026	100
AGIX	KraneShares Artificial Intelligence ETF	-7.0%	45.93	9042026	49.40	6012026	95
XLK	State Street Technology Select Sector SPDR ETF	-5.5%	187.28	9042026	198.21	6022026	94
XLI	State Street Industrial Select Sector SPDR ETF	-6.0%	175.27	9042026	186.51	8162026	19
XLC	State Street Communication Services Select Sector SPDR ETF	-5.9%	112.03	9042026	119.10	4192026	138
XLY	State Street Consumer Discretionary Select Sector SPDR ETF	-5.9%	114.91	9042026	122.06	5282026	99
XLU	State Street Utilities Select Sector SPDR ETF	-8.6%	43.08	9042026	47.15	4092026	148
IYJ	iShares U.S. Industrials ETF	-5.2%	161.10	9042026	169.86	8042026	31
SMH	VanEck Semiconductor ETF	-15.2%	567.01	9042026	668.91	6222026	74
SOXX	iShares Semiconductor ETF	-20.6%	519.86	9042026	655.01	6222026	74
ITA	iShares U.S. Aerospace & Defense ETF	-10.9%	225.61	9042026	253.22	8162026	19
IGV	iShares Expanded Tech-Software Sector ETF	-5.2%	104.57	9042026	110.32	8272026	8
IYT	iShares U.S. Transportation ETF	-6.5%	84.17	9042026	90.01	7162026	50
MISL	First Trust Indxx Aerospace & Defense ETF	-12.0%	43.53	9042026	49.46	3092026	179
RING	iShares MSCI Global Gold Miners ETF	-6.2%	87.40	9042026	93.17	8252026	10
SOXQ	Invesco PHLX Semiconductor ETF	-19.7%	92.40	9042026	115.11	6222026	74
TLT	iShares 20+ Year Treasury Bond ETF	-6.1%	82.21	9042026	87.52	3092026	179
SPTL	State Street SPDR Portfolio Long Term Treasury ETF	-5.3%	25.12	9042026	26.52	3092026	179
EDV	Vanguard World Funds Extended Duration ETF	-8.9%	60.29	9042026	66.20	3092026	179
GSG	iShares GSCI Commodity	-5.8%	30.01	9042026	31.85	3182026	170
GLD	SPDR Gold Trust	-14.9%	406.77	9042026	477.86	3102026	178
IAU	iShares Gold Trust	-14.1%	84.10	9042026	97.85	3102026	178
GLDM	SPDR Gold MiniShares Trust	-14.7%	87.73	9042026	102.89	3102026	178
SGOL	ETFS Physical Swiss Gold Shares	-9.8%	44.66	9042026	49.53	3102026	178
BAR	Direxion Daily Gold Bull 3X Shares	-13.4%	44.34	9042026	51.20	3102026	178
SLV	iShares Silver Trust	-24.4%	60.55	9042026	80.09	3102026	178
PPLT	ETFS Physical Platinum Shares	-17.5%	16.50	9042026	20.00	3102026	178
CPER	United States Copper Index Fund ETV	-7.7%	33.33	9042026	36.12	3112026	177
PALL	ETFS Physical Palladium Shares	-17.4%	25.31	9042026	30.64	3092026	179
USO	United States Oil Fund LP	-7.2%	141.96	9042026	152.96	5192026	108
UNG	United States Natural Gas Fund LP	-19.0%	10.56	9042026	13.04	3122026	176
BNO	United States Brent Oil Fund LP ETV	-7.1%	55.85	9042026	60.13	5042026	123
SCHH	Schwab U.S. REIT ETF	-5.7%	23.45	9042026	24.86	7262026	40
REET	iShares Global REIT ETF	-5.2%	27.40	9042026	28.89	7262026	40
USRT	iShares Core U.S. REIT ETF	-6.4%	65.34	9042026	69.82	7262026	40

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-09-04

Asset allocation rotation · Past week

Bond ETFs drew the largest net inflows (+$3.7B), followed by Cash (+$2.7B), while Equity (−$16.8B) and Real Estate (−$104M) saw the largest outflows.
Within the mix, money rotated into Gold (+$1.8B) and out of US Large Cap Core (−$19.3B).
Relative to fund size, LMUB drew the largest inflow (+12.4% of AUM) and PWV the largest outflow (−23.8%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$11.8B	+1.1%
2	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$2.04B	+1.9%
3	GLD	SPDR Gold Shares	Commodity Gold	+$1.38B	+0.9%
4	IEFA	iShares Core MSCI EAFE ETF	Equity International Developed Broad	+$1.1B	+0.6%
5	SPSB	State Street SPDR Portfolio Short Term Corporate Bond ETF	Bond Short Corporate	+$781M	+7.4%
6	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$690M	+0.6%
7	BND	Vanguard Total Bond Market ETF	Bond US Aggregate Core	+$670M	+0.4%
8	IBIT	iShares Bitcoin Trust ETF	Crypto	+$662M	+1.1%
9	AGG	iShares Core U.S. Aggregate Bond ETF	Bond US Aggregate Core	+$632M	+0.5%
10	SMH	VanEck Semiconductor ETF	Equity Industry Subsector	+$628M	+0.9%

#	Ticker	Name	Type	Net flow	% of AUM
1	LMUB	iShares Long-Term National Muni Bond ETF	Bond Municipal	+$221M	+12.4%
2	ALAI	Alger AI Enablers & Adopters ETF	Other	+$120M	+10.7%
3	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	+$124M	+10.2%
4	RODM	Hartford Multifactor Developed Markets (ex-US) ETF	Other	+$166M	+10.0%
5	BKAG	BNY Mellon Core Bond ETF	Other	+$207M	+9.2%
6	MOO	VanEck Agribusiness ETF	Other	+$96M	+8.4%
7	SPSB	State Street SPDR Portfolio Short Term Corporate Bond ETF	Bond Short Corporate	+$781M	+7.4%
8	IHF	iShares U.S. Healthcare Providers ETF	Equity Industry Subsector	+$95M	+7.2%
9	NBSD	Neuberger Berman Short Duration Income ETF	Other	+$94M	+7.2%
10	SYSB	iShares Systematic Bond ETF	Other	+$78M	+6.2%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$23.75B	-2.7%
2	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	-$4.77B	-0.6%
3	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	-$4.58B	-0.9%
4	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	-$2.93B	-1.7%
5	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$2.05B	-6.8%
6	IGV	iShares Expanded Tech-Software Sector ETF	Equity Industry Subsector	-$953M	-6.6%
7	HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Bond High Yield Corporate	-$716M	-4.6%
8	DRAM	Roundhill Memory ETF	Other	-$695M	-2.7%
9	IWM	iShares Russell 2000 ETF	Equity US Small Cap Core	-$605M	-0.8%
10	GDX	VanEck Gold Miners ETF	Other	-$565M	-1.9%

#	Ticker	Name	Type	Net flow	% of AUM
1	PWV	Invesco Large Cap Value ETF	Other	-$456M	-23.8%
2	USO	United States Oil Fund, LP	Commodity Energy	-$280M	-16.2%
3	XOVR	ERShares Private-Public Crossover ETF	Equity Thematic	-$220M	-14.0%
4	QDF	Northern Trust Quality Dividend ETF	Other	-$284M	-12.7%
5	SNXX	Tradr 2X Long SNDK Daily ETF	Other	-$229M	-12.4%
6	NULV	Nuveen ESG Large-Cap Value	Other	-$313M	-12.3%
7	NUSC	Nuveen ESG Small-Cap ETF	Equity US Small Cap Core	-$124M	-9.6%
8	ICLN	iShares Global Clean Energy ETF	Equity Thematic	-$188M	-9.2%
9	CGMM	Capital Group U.S. Small and Mid Cap ETF	Other	-$250M	-7.3%
10	CORP	PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund	Other	-$99M	-7.1%

Asset allocation rotation · Past month

Bond ETFs drew the largest net inflows (+$20.0B), followed by Equity (+$18.3B), while Real Estate (−$250M) saw the largest outflows.
Within the mix, money rotated into US Nasdaq Growth (+$11.0B) and out of Intermediate Treasury (−$8.7B).
Relative to fund size, CNEQ drew the largest inflow (+88.0% of AUM) and USO the largest outflow (−22.7%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$33.91B	+3.3%
2	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$7.79B	+1.6%
3	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$7.42B	+7.1%
4	GLD	SPDR Gold Shares	Commodity Gold	+$6.02B	+4.1%
5	TLT	iShares 20+ Year Treasury Bond ETF	Bond Long Treasury	+$6.0B	+12.9%
6	VGSH	Vanguard Short-Term Treasury ETF	Bond Short Treasury	+$4.71B	+15.3%
7	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$3.89B	+3.5%
8	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$3.38B	+16.0%
9	IBIT	iShares Bitcoin Trust ETF	Crypto	+$3.19B	+5.8%
10	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$3.19B	+3.1%

#	Ticker	Name	Type	Net flow	% of AUM
1	CNEQ	Alger Concentrated Equity ETF	Other	+$1.55B	+88.0%
2	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$452M	+28.8%
3	USMC	Principal U.S. Mega-Cap ETF	Other	+$1.4B	+27.7%
4	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$441M	+27.0%
5	BFLX	iShares Flexible Equity Active ETF	Other	+$474M	+23.2%
6	BKGI	BNY Mellon Global Infrastructure Income ETF	Other	+$304M	+22.4%
7	ZROZ	PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund	Other	+$337M	+20.9%
8	SPTS	State Street SPDR Portfolio Short Term Treasury ETF	Bond Short Treasury	+$1.25B	+20.5%
9	SCHO	Schwab Short-Term U.S. Treasury ETF	Bond Short Treasury	+$2.46B	+18.8%
10	ETHA	iShares Ethereum Trust ETF	Crypto	+$1.35B	+18.3%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$38.36B	-4.3%
2	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.87B	-11.3%
3	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	-$4.3B	-0.5%
4	XLF	State Street Financial Select Sector SPDR ETF	Equity Broad Sector	-$4.02B	-7.2%
5	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$2.52B	-7.7%
6	VGIT	Vanguard Intermediate-Term Treasury ETF	Bond Intermediate Treasury	-$2.37B	-5.6%
7	HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Bond High Yield Corporate	-$2.28B	-13.5%
8	DIA	State Street SPDR Dow Jones Industrial Average ETF Trust	Equity US Large Concentrated	-$1.78B	-3.9%
9	GOVT	iShares U.S. Treasury Bond ETF	Bond Intermediate Treasury	-$1.73B	-4.0%
10	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	-$1.62B	-3.8%

#	Ticker	Name	Type	Net flow	% of AUM
1	USO	United States Oil Fund, LP	Commodity Energy	-$427M	-22.7%
2	XOVR	ERShares Private-Public Crossover ETF	Equity Thematic	-$405M	-21.8%
3	SNXX	Tradr 2X Long SNDK Daily ETF	Other	-$382M	-21.1%
4	TAN	Invesco Solar ETF	Other	-$244M	-18.9%
5	RSPN	Invesco S&P 500 Equal Weight Industrials ETF	Other	-$189M	-17.8%
6	XNTK	State Street SPDR NYSE Technology ETF	Other	-$315M	-15.8%
7	CORP	PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund	Other	-$222M	-15.2%
8	HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Bond High Yield Corporate	-$2.28B	-13.5%
9	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.87B	-11.3%
10	HODL	VanEck Bitcoin ETF	Other	-$121M	-10.9%

Asset allocation rotation · Past 3 months

Equity ETFs drew the largest net inflows (+$138.4B), followed by Bond (+$63.8B), with every major asset class in net inflows.
Within the mix, money rotated into US Nasdaq Growth (+$17.9B) and out of Intermediate Treasury (−$4.3B).
Relative to fund size, BFLX drew the largest inflow (+131.7% of AUM) and NASA the largest outflow (−50.2%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$16.54B	+10.3%
2	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$14.58B	+2.2%
3	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$14.5B	+14.6%
4	DRAM	Roundhill Memory ETF	Other	+$13.33B	+54.7%
5	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$10.07B	+10.0%
6	QQQM	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$9.88B	+9.9%
7	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$9.24B	+21.2%
8	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$7.98B	+1.7%
9	BND	Vanguard Total Bond Market ETF	Bond US Aggregate Core	+$7.78B	+4.8%
10	VXUS	Vanguard Total International Stock ETF	Equity International Broad	+$7.76B	+5.0%

#	Ticker	Name	Type	Net flow	% of AUM
1	BFLX	iShares Flexible Equity Active ETF	Other	+$2.08B	+131.7%
2	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$1.21B	+96.9%
3	SNXX	Tradr 2X Long SNDK Daily ETF	Other	+$1.38B	+60.0%
4	ARKQ	ARK Autonomous Technology & Robotics ETF	Equity Thematic	+$1.13B	+56.2% ⚠
5	DRAM	Roundhill Memory ETF	Other	+$13.33B	+54.7%
6	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$792M	+54.6% ⚠
7	FLKR	Franklin FTSE South Korea ETF	Other	+$703M	+52.9%
8	CBOX		Other	+$572M	+47.1%
9	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$7.54B	+42.8%
10	EWI	iShares MSCI Italy ETF	Other	+$420M	+42.0%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	-$6.55B	-0.7%
2	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$6.33B	-0.7%
3	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.87B	-49.9%
4	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.25B	-9.0%
5	IGV	iShares Expanded Tech-Software Sector ETF	Equity Industry Subsector	-$2.87B	-20.6%
6	IAU	iShares Gold Trust	Commodity Gold	-$2.18B	-3.5%
7	VO	Vanguard Morningstar Mid-Cap ETF	Equity US Mid Cap Core	-$1.81B	-1.7%
8	IQMM	ProShares - GENIUS Money Market ETF	Other	-$1.79B	-9.3%
9	EWZ	iShares MSCI Brazil ETF	Equity Emerging Markets	-$1.77B	-19.7%
10	SCZ	iShares MSCI EAFE Small-Cap ETF	Equity International Small Cap	-$1.73B	-12.9%

#	Ticker	Name	Type	Net flow	% of AUM
1	NASA	Tema Space Innovators ETF	Equity Thematic	-$599M	-50.2%
2	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.87B	-49.9%
3	FTXL	First Trust Nasdaq Semiconductor ETF	Other	-$978M	-44.1%
4	XOVR	ERShares Private-Public Crossover ETF	Equity Thematic	-$706M	-37.0%
5	TAN	Invesco Solar ETF	Other	-$524M	-34.3%
6	FXI	iShares China Large-Cap ETF	Equity Emerging Markets	-$1.26B	-29.2%
7	ICLN	iShares Global Clean Energy ETF	Equity Thematic	-$566M	-23.3%
8	LCTU	iShares U.S. Carbon Transition Readiness Aware Active ETF	Other	-$274M	-21.8%
9	RING	iShares MSCI Global Gold Miners ETF	Equity Industry Subsector	-$477M	-20.7%
10	IGV	iShares Expanded Tech-Software Sector ETF	Equity Industry Subsector	-$2.87B	-20.6%

Largest ETF fund flows across ~2629 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

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About CWI

Holdings Count: 1096
Expense Ratio: 0.3%
Inception Date: 2007-01-10

State Street SPDR MSCI ACWI ex-US ETF
Designed to mirror the investment results of the MSCI ACWI ex USA Index before any charges, this fund offers exposure to an extensive range of developed and emerging market countries globally, excluding the United States. The benchmark index comprehensively covers approximately 85% of the non-U.S. global equity opportunity, providing access to large and mid-capitalization securities through a market-cap weighted methodology.
Asset Class: Equity | ETF Website

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
NX	Quanex Building Products	1.0	22.2%	50.5%
TYRA	Tyra Biosciences	1.9	15.2%	9.0%
AEHR	Aehr Test Systems	2.8	13.1%	327.2%
SNDK	SanDisk	255.8	11.9%	633.0%
GOLD	Gold.com	1.3	11.2%	36.6%
PSIX	Power Solutions International	0.9	11.2%	-29.1%
EOSE	Eos Energy Enterprises	1.3	10.9%	-66.1%
COHU	Cohu	2.4	10.3%	118.0%
CBRS	Cerebras Systems	31.7	10.3%	-32.5%
ALAB	Astera Labs	53.5	9.8%	86.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
GWRE	Guidewire Software	13.7	-19.9%	-19.2%
LULU	Lululemon Athletica	11.6	-17.4%	-51.6%
FICO	Fair Isaac	21.1	-16.7%	-44.9%
PATH	UiPath	8.0	-16.6%	-7.3%
OXM	Oxford Industries	0.5	-15.7%	-5.2%
ABTC	American Bitcoin	0.6	-14.5%	-68.7%
ASAN	Asana	2.1	-12.7%	-35.7%
NXTT	Next Technology	0.8	-11.3%	-12.8%
BALY	Ballys	0.6	-10.7%	-44.7%
TRON	Tron	0.7	-9.8%	19.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
SMMT	Summit Therapeutics	13.7	28.2%	0.7%
TARS	Tarsus Pharmaceuticals	3.9	26.5%	10.9%
CNH	CNH Industrial	17.8	23.3%	57.7%
FRVO	Fervo Energy	2.9	23.0%	-50.3%
BE	Bloom Energy	72.6	20.0%	191.0%
EOSE	Eos Energy Enterprises	1.3	19.0%	-66.1%
NX	Quanex Building Products	1.0	18.1%	50.5%
ODTX	Odyssey Therapeutics	0.9	18.1%	75.2%
SECZ	Securitize	1.1	18.0%	-39.7%
HUT	Hut 8	11.1	17.8%	103.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
ADBT	Advasa	0.2	-93.3%	-94.7%
ALMS	Alumis	1.4	-50.4%	13.7%
RARE	Ultragenyx Pharmaceutical	1.6	-40.3%	-33.5%
TRON	Tron	0.7	-28.8%	19.4%
CXM	Sprinklr	1.4	-27.6%	-24.0%
CRDO	Credo Technology	31.5	-26.7%	18.5%
ENOV	Enovis	1.1	-25.5%	-30.3%
GWRE	Guidewire Software	13.7	-21.1%	-19.2%
OXM	Oxford Industries	0.5	-19.4%	-5.2%
FICO	Fair Isaac	21.1	-19.2%	-44.9%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
NXTT	Next Technology	0.8	532.2%	-12.8%
MRNA	Moderna	57.9	170.2%	393.6%
CAPR	Capricor Therapeutics	0.5	124.9%	-67.4%
QMCO	Quantum	0.5	111.7%	283.4%
OABI	OmniAb	0.6	93.3%	134.1%
SENS	Senseonics	0.6	87.0%	74.5%
PURR	Hyperliquid Strategies	1.5	82.6%	242.1%
HTFL	HeartFlow	4.2	79.9%	67.8%
STDN	Standard Nuclear	2.4	79.3%	19.5%
ABCL	AbCellera Biologics	3.5	75.0%	234.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
ALMS	Alumis	1.4	-60.1%	13.7%
IESC	IES	12.9	-47.4%	-17.1%
LASR	nLight	2.3	-46.9%	6.8%
CDNL	Cardinal Infrastructure	0.6	-41.8%	50.7%
RARE	Ultragenyx Pharmaceutical	1.6	-40.7%	-33.5%
AADX	Applied Aerospace & Defense	1.9	-39.2%	-32.0%
AEVA	Aeva Technologies	1.0	-37.9%	18.1%
FTK	Flotek Industries	0.9	-35.4%	36.6%
LINC	Lincoln Educational Services	0.8	-34.8%	6.2%
RXT	Rackspace Technology	0.8	-33.8%	228.6%

Peer Comparisons

Peers to compare with:

Profile

	CWI	VXUS	VEU	IXUS	CORO	Median
Name	State Stre.	Vanguard T.	Vanguard F.	iShares Co.	iShares In.
Asset Class	Equity	Equity	Equity	Equity	Equity	-
AUM ($ Bil)	2.9	646.2	95.9	60.6	8.4	60.6
Expense Ratio	0.30%	0.05%	0.04%	0.07%	1.06%	0.07%
10-D Avg Volume (Mil)	0.22	5.73	2.60	1.90	1.89	1.90
Latest Day Volume (Mil)	0.06	1.42	0.75	0.56	0.08	0.56
Holdings Count	1,096	8,602	3,823	4,590	27	3,823
Inception Date	1/10/2007	1/26/2011	3/2/2007	10/17/2012	12/2/2024	-

Fundamentals

	CWI	VXUS	VEU	IXUS	CORO	Median
Name	State Stre.	Vanguard T.	Vanguard F.	iShares Co.	iShares In.
Net Asset Value	41.38	87.34	84.75	97.49	36.95	-
Premium/Discount	1.3%	1.2%	2.0%	1.3%	1.6%	1.3%
Distribution Yield	2.6%	2.5%	2.5%	2.8%	2.7%	2.6%
Sales Yield	2064.4%	27.9%	59.5%	39.4%	50.3%	50.3%
Earnings Yield	41.4%	4.5%	7.2%	4.5%	6.5%	6.5%

Valuation

	CWI	VXUS	VEU	IXUS	CORO	Median
Name	State Stre.	Vanguard T.	Vanguard F.	iShares Co.	iShares In.
P/S (TTM)	0.0x	3.6x	1.7x	2.5x	2.0x	2.0x
P/E (TTM)	2.4x	22.4x	13.9x	22.3x	15.3x	15.3x
P/FCF (TTM)	22.3x	20.8x	20.0x	32.1x	10.1x	20.8x
Forward P/E	-	-	-	-	-	-
Forward P/S	-	-	-	-	-	-

Risk

	CWI	VXUS	VEU	IXUS	CORO	Median
Name	State Stre.	Vanguard T.	Vanguard F.	iShares Co.	iShares In.
Volatility (1Y)	17.2%	16.9%	17.0%	17.0%	17.6%	17.0%
Volatility (3Y)	15.6%	15.3%	15.3%	15.4%	17.1%	15.4%
Volatility (5Y)	16.6%	16.3%	16.4%	16.5%	17.1%	16.5%
Beta (1Y)	1.11	1.09	1.10	1.09	1.14	1.10
Beta (3Y)	0.81	0.79	0.79	0.80	0.81	0.80
Beta (5Y)	0.78	0.77	0.77	0.78	0.81	0.78
Sharpe Ratio (1Y)	1.46	1.52	1.55	1.44	1.66	1.52
Sharpe Ratio (3Y)	1.26	1.27	1.28	1.24	1.61	1.27
Sharpe Ratio (5Y)	0.65	0.64	0.65	0.61	1.61	0.65
Max Drawdown (1Y)	-11.5%	-11.3%	-11.4%	-11.4%	-11.3%	-11.4%
Max Drawdown (3Y)	-13.8%	-13.6%	-13.7%	-13.7%	-14.1%	-13.7%
Max Drawdown (5Y)	-28.8%	-29.4%	-29.1%	-30.0%	-14.1%	-29.1%

Returns

	CWI	VXUS	VEU	IXUS	CORO	Median
Name	State Stre.	Vanguard T.	Vanguard F.	iShares Co.	iShares In.
1M Return	2.3%	2.4%	2.4%	2.4%	3.0%	2.4%
3M Return	7.1%	7.0%	7.0%	5.8%	6.6%	7.0%
6M Return	13.1%	14.0%	14.1%	12.7%	16.0%	14.0%
YTD Return	16.6%	17.8%	18.2%	16.6%	20.8%	17.8%
1Y Return	26.7%	27.6%	28.3%	26.0%	31.8%	27.6%
2Y Return	47.5%	48.1%	48.6%	46.7%	-	47.8%
3Y Return	74.3%	73.0%	74.3%	71.4%	-	73.6%

Short Interest

Short Interest: As Of Date	8142026
Short Interest: Shares Quantity	0.1 Mil
Short Interest: % Change Since 7312026	-81.2%
Average Daily Volume	0.2 Mil
Days-to-Cover Short Interest	1

External Quote Links

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2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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State Street SPDR MSCI ACWI ex-US ETF (CWI)

Market Price (9/5/2026): $41.89

State Street SPDR MSCI ACWI ex-US ETF (CWI)

Market Price (9/5/2026): $41.89

Key Takeaways

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Top 20 Holdings for CWI

Performance for CWI Top Holdings

Guidance Updates for CWI Top Holdings

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In The Past

Preserve Wealth

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In The Past

Preserve Wealth

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CWI Dip Buy History

Current Dip Buy Opportunities Across ETFs

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Asset allocation rotation · Past week

Asset allocation rotation · Past month

Asset allocation rotation · Past 3 months

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