Which returned more over the last year, CWI or SPDW?

In the year to Oct 9, 2026, with distributions reinvested, CWI returned +17.8% and SPDW +19.7%.

Which is cheaper, CWI or SPDW?

SPDW is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do CWI and SPDW overlap with the S&P 500?

By their latest filed holdings, 0% of CWI and 0% of SPDW by weight is stocks the S&P 500 already holds.

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CWI vs SPDW: Differences, Returns & Fees

CWI and SPDW hold 70% of their weight in the same names, and SPDW returned +19.7% over the year. Net assets on Oct 8, 2026: $2.9bn for State Street SPDR MSCI ACWI ex-US ETF and $40.5bn for State Street SPDR Portfolio Developed World ex-US ETF.

SPDW costs 0.27 points a year less; their one-year returns differ by 1.9 points; SPDW is 14.1 times larger.

	CWI	SPDW
Expense ratio	0.30%	0.03%
Net assets, as of Oct 8, 2026	$2.9bn	$40.5bn
Total return, 1 year	+17.8%	+19.7%
What it tracks	not read by ETFIQ	S&P Developed Ex-U.S. BMI Index ?
Holdings in common	70%
Top ten holdings, share of the fund	16.1%	12.9%
Below its high	3.9%, high on Sep 4, 2026	4.5%, high on Sep 4, 2026

Holdings in common uses holdings dated Oct 8, 2026.

+17.8%

CWI total return, 1 year

+19.7%

SPDW total return, 1 year

0.30%

CWI expense ratio

0.03%

SPDW expense ratio

What they hold in common

By the books each fund has filed, CWI and SPDW hold 70% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026.

50%

half

70% in common

Positions both hold, largest shared weight first

Holding CWI SPDW

SAMSUNG ELECTR GDR REG S 2.64% 2.68%

ASML HOLDING NV 2.00% 2.15%

SK HYNIX INC 1.88% 2.21%

HSBC HOLDINGS PLC 0.93% 0.95%

ROCHE HOLDING AG 0.85% 0.90%

ROYAL BANK OF CANADA 0.84% 0.81%

SHELL PLC 0.78% 0.88%

NOVARTIS AG REG 0.72% 0.79%

MITSUBISHI UFJ FINANCIAL GRO 0.69% 0.82%

ASTRAZENECA PLC 0.65% 0.74%

NESTLE SA REG 0.65% 0.72%

SIEMENS AG REG 0.65% 0.66%

Only in CWI

TAIWAN SEMICONDUCTOR MANUFAC 3.38%

TAIWAN SEMICONDUCTOR SP ADR 1.96%

TENCENT HOLDINGS LTD 0.85%

ALIBABA GROUP HOLDING LTD 0.58%

MEDIATEK INC 0.52%

DELTA ELECTRONICS INC 0.46%

HON HAI PRECISION GDR REG S 0.29%

CHINA CONSTRUCTION BANK H 0.27%

Only in SPDW

STMICROELECTRONICS NV 0.12%

ARM HOLDINGS PLC ADR 0.12%

WASTE CONNECTIONS INC 0.12%

SAMSUNG ELECTRONICS CO LTD 0.11%

JAPAN POST HOLDINGS CO LTD 0.09%

ABN AMRO BANK NV CVA 0.08%

COCA COLA EUROPACIFIC PARTNE 0.07%

BPER BANCA SPA 0.07%

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On the same fields

CWI

State Street SPDR MSCI ACWI ex-US ETF

SPDW

State Street SPDR Portfolio Developed World ex-US ETF

Where it sits Stock ETF Stock ETF

Issuer State Street State Street

What it is Tracks an index Tracks an index

Total return, 1 year +17.8% +19.7%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +0.6 pts +2.4 pts

Expense ratio 0.30% 0.03%

Already in the S&P 500 0.0% 0.0%

Holdings 1110 2448

Net assets, as of Oct 8, 2026 $2.9bn $40.5bn

CWI and SPDW on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

CWI in plain words

CWI tracks an index. Over the year to Oct 9, 2026 it returned +17.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.30% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,110 positions, with the top ten at 16.1%. It sat 3.9% below its high of Sep 4, 2026 on Oct 9, 2026.

SPDW in plain words

SPDW tracks an index. Over the year to Oct 9, 2026 it returned +19.7% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,448 positions, with the top ten at 12.9%. It sat 4.5% below its high of Sep 4, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, CWI or SPDW?: In the year to Oct 9, 2026, with distributions reinvested, CWI returned +17.8% and SPDW +19.7%.
Which is cheaper, CWI or SPDW?: SPDW is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do CWI and SPDW overlap with the S&P 500?: By their latest filed holdings, 0% of CWI and 0% of SPDW by weight is stocks the S&P 500 already holds.

Other comparisons

ACWX vs CWI CWI vs DFAI CWI vs IQLT CWI vs FENI IDMO vs SPDW DFSI vs SPDW MFSI vs SPDW IMFL vs SPDW

CWI on its own →SPDW on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

CWI and SPDW filings on SEC EDGAR ↗CWI and SPDW prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, CWI against SPDW, data as of Oct 9, 2026. https://etfiq.com/compare/any/cwi-vs-spdw

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.