QWLD
SPDR MSCI World StrategicFactors ETF
SPDR MSCI World Quality Mix ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to provide investment results that before fees and expenses, correspond generally to the price and yield performance of the MSCI World Quality Mix Index.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
144.0 M
ASSETS UNDER MGMT
30 bp
EXPENSES
Fund Basics
| Fund sponsor | SSgA Funds Management |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 04, 2014 |
| Assets (mns) | $144 |
| Expense ratio | 30 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Semi-Annually |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| APPLE INC | 2.6 % |
| NVIDIA CORP | 2.5 % |
| MICROSOFT CORP | 2.3 % |
| META PLATFORMS INC | 2.1 % |
| UNITEDHEALTH GROUP INC | 1.4 % |
| VISA INC. CLASS A | 1.2 % |
| ELI LILLY & CO | 1.1 % |
| JOHNSON & JOHNSON | 1.1 % |
| ALPHABET INC. CLASS A | 1.1 % |
| CISCO SYSTEMS INC | 1.0 % |
Constituent Breakdown
| Number of holdings | 1384 |
| Herfindahl-Hirschman Index | 53 |
| Wgt avg mkt cap (mns) | $412,616 |
| Large cap (>$10bn) | 95.5% |
| Mid cap ($2-10bn) | 4.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.9% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 64.7 % |
 |
JAPAN | 7.2 % |
 |
SWITZERLAND | 4.8 % |
 |
BRITAIN | 3.6 % |
 |
CANADA | 2.8 % |
 |
GERMANY | 2.2 % |
 |
FRANCE | 2.1 % |
 |
NETHERLANDS | 1.5 % |
 |
IRELAND | 1.4 % |
 |
SPAIN | 1.3 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 11.4% | 24.4% | 17.8% | 5.9% | 10.1% | 9.6% | 9.2% | Volatility | 9.8% | 10.0% | 11.5% | 14.4% | 18.1% | 17.3% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.85 | 95% |
| MSCI EAFE | 0.82 | 90% |
| MSCI Emg Mkts | 0.63 | 51% |
Liquidity Measures
| Avg. volume (000) | 2 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.14% |
| ADV of underlying (mns) | $412,606 |
Technical Indicators
| Recent close | $127.97 |
| 30d moving avg. | $128.21 |
| Annualized volatility | 15.2% |
| Relative strength (RSI) | 48 |
| Short interest (ETF) | 0.5% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. QWLD |
Expenses vs. QWLD |
ALTAR Score™ vs. QWLD |
|---|---|---|---|---|
| URTH | iShares MSCI World ETF | 64.3% | -6 bp | -0.8% |
| QUS | SPDR MSCI USA StrategicFactors ETF | 64.1% | -15 bp | -0.2% |
| TOK | iShares MSCI Kokusai ETF | 62.5% | -4 bp | -0.9% |
| KOKU | Xtrackers MSCI Kokusai Equity ETF | 61.9% | -21 bp | -0.7% |
| ACWI | iShares MSCI ACWI ETF | 60.5% | +2 bp | -0.6% |
| VT | Vanguard Total World Stock ETF | 56.1% | -23 bp | -0.4% |
| KLMT | Invesco MSCI Global Climate 500 ETF | 53.9% | -20 bp | -0.5% |
| PBUS | Invesco MSCI USA ETF | 52.5% | -26 bp | -1.0% |
| BBUS | JP Morgan Betabuilders U.S. Equity ETF | 52.3% | -28 bp | -0.9% |
| ILCB | iShares Morningstar U.S. Equity ETF | 52.3% | -27 bp | -1.0% |
Risk and Returns: QWLD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
QWLD
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
QWLD
5.9%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 376 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
4.7%. QWLD's ALTAR Score™ is approximately
0.4 standard deviations
above
the category average. This places QWLD in the 65th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
QWLDSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| QWLD (30 bp) Percentile rank | 8 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| QWLD | 30.0 | 13.9 | 43.9 |
| Peer Avg. | 43.3 | 22.0 | 65.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .