State Street SPDR MSCI World StrategicFactors ETF

Frequently Asked Questions About QWLD

What does QWLD invest in?

This State Street SPDR ETF aims to mirror the overall performance of the MSCI World Factor Mix A-Series Index, before accounting for any associated fees or expenses. It accomplishes this by following a "Smart Beta" index that strategically blends various investment factors: low volatility, strong quality characteristics, and attractive valuations, all within a unified methodology. The resulting portfolio aims to provide a strategy with reduced price fluctuations, maintaining an equal focus on financially robust and favorably priced companies. Multi-factor Smart Beta approaches like this one can bridge the divide between active and passive investing, presenting investors with an opportunity to reconsider their market exposures and potentially optimize their risk-adjusted returns with greater efficiency.

What is the expense ratio of QWLD?

State Street SPDR MSCI World StrategicFactors ETF (QWLD) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QWLD?

State Street SPDR MSCI World StrategicFactors ETF (QWLD) manages $172.1M 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 QWLD actively managed or an index fund?

QWLD 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 (QWLD's is 0.30%) because there's no security selection cost.

When was QWLD launched?

State Street SPDR MSCI World StrategicFactors ETF (QWLD) launched in June 2014 and is managed by SPDR.

How has QWLD performed?

QWLD'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.