(CWI) SPDR MSCI ACWI ex-US - Ratings and Ratios

The SPDR MSCI ACWI ex-US ETF (CWI) is a Foreign Large Blend ETF that provides diversified exposure to international equities, excluding the United States. It tracks the MSCI ACWI ex-US Index, which comprises large-cap and mid-cap stocks from developed and emerging markets outside the US.

Key Performance Indicators (KPIs) for CWI include its expense ratio, tracking error, and dividend yield. The funds expense ratio is a crucial metric, as it directly impacts investor returns. CWIs dividend yield is also significant, as it reflects the income generated by the underlying equities. Additionally, the funds tracking error relative to its benchmark index is essential in evaluating its effectiveness in replicating the performance of international markets.

The funds performance is closely tied to key economic drivers, including global GDP growth, international trade, and currency fluctuations. As a broad international equity fund, CWI is sensitive to macroeconomic trends, such as changes in interest rates, commodity prices, and economic policies in various countries. The funds exposure to emerging markets also introduces additional risks and opportunities related to economic growth, regulatory environments, and market volatility in these regions.

Investors in CWI should monitor global economic indicators, such as the International Monetary Funds (IMF) World Economic Outlook, to gauge the funds potential performance. Additionally, they should track currency exchange rates, particularly the US dollar against major international currencies, as these can impact the funds returns. The funds underlying holdings and sector allocation also play a crucial role in determining its performance, making it essential to analyze the funds composition and rebalance accordingly.

With an Assets Under Management (AUM) of $1.92 billion, CWI is a sizable ETF that offers liquidity to investors. Its average trading volume of 169,000 shares per day indicates a relatively active market, allowing investors to enter or exit positions with ease.