SPDW Profile
The SPDR Portfolio Developed World ex-US ETF is designed to provide investors with broad exposure to publicly traded companies located in developed markets outside of the United States. This exchange-traded fund (ETF) aims to capture the performance of a diverse range of developed economies, excluding the U.S., by tracking a well-established index.
Under normal market conditions, the fund invests at least 80% of its total assets in the securities included in its benchmark index. This includes both the underlying securities and depositary receipts that represent those securities. The investment strategy focuses on replicating the index's performance, which is comprised of large- and mid-cap companies across developed international markets.
The index that the SPDR Portfolio Developed World ex-US ETF tracks is a float-adjusted, market capitalization-weighted benchmark. It is designed to represent the investable universe of companies listed in developed countries outside of the United States. By reflecting the overall market capitalization of these companies, the index provides a comprehensive measure of the performance of international developed markets.
Investors in this ETF gain exposure to a wide array of industries and sectors from countries such as Japan, Germany, the United Kingdom, and others. The fund’s focus on developed international markets allows investors to diversify their portfolios geographically and gain access to high-quality, globally recognized companies. The ETF’s strategy of investing in a broad selection of securities from these developed nations helps mitigate risks associated with single-country investments and offers a balanced approach to international equity exposure.
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