State Street SPDR MSCI ACWI ex-US ETF

Frequently Asked Questions About CWI

What does CWI invest in?

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.

What is the expense ratio of CWI?

State Street SPDR MSCI ACWI ex-US ETF (CWI) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CWI?

State Street SPDR MSCI ACWI ex-US ETF (CWI) manages $2.82B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CWI actively managed or an index fund?

CWI is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (CWI's is 0.30%) because there's no security selection cost.

When was CWI launched?

State Street SPDR MSCI ACWI ex-US ETF (CWI) launched in January 2007 and is managed by SPDR.

How has CWI performed?

CWI's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.