Spdr Dow Jones Etf Profile
| RWX Etf | USD 25.18 0.26 1.04% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR Dow is trading at 25.18 as of the 1st of May 2024; that is 1.04 percent increase since the beginning of the trading day. The etf's open price was 24.92. SPDR Dow has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SPDR Dow Jones are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of October 2022 and ending today, the 1st of May 2024. Click here to learn more.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. DJ Intl is traded on NYSEARCA Exchange in the United States. More on SPDR Dow Jones
Moving together with SPDR Etf
| 0.67 | REET | iShares Global REIT | PairCorr |
| 0.69 | RWO | SPDR Dow Jones | PairCorr |
| 0.86 | HAUZ | Xtrackers International | PairCorr |
| 0.69 | GQRE | FlexShares Global Quality | PairCorr |
| 0.62 | AVRE | Avantis Real Estate | PairCorr |
| 0.94 | IFGL | iShares International | PairCorr |
SPDR Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR Dow's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Dow or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Frank Nesvet |
| Thematic Ideas | (View all Themes) |
| Old Name | CI MSCI International Low Risk Weighted ETF |
| Business Concentration | Real Estate ETFs, Sector ETFs, Global Real Estate, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2006-12-15 |
| Benchmark | Dow Jones Global ex-U.S. Real Estate Securities Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 289.54 Million |
| Average Trading Valume | 53,185.4 |
| Asset Type | Real Estate |
| Category | Sector |
| Focus | Real Estate |
| Market Concentration | Blended Development |
| Region | Global ex-U.S. |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, Keith Richardson |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 144 |
| Market Maker | Virtu Financial |
| Total Expense | 0.59 |
| Management Fee | 0.59 |
| Country Name | USA |
| Returns Y T D | (7.99) |
| Name | SPDR Dow Jones International Real Estate ETF |
| Currency Code | USD |
| Open Figi | BBG000Q8TD76 |
| In Threey Volatility | 19.19 |
| 1y Volatility | 21.12 |
| 200 Day M A | 25.1414 |
| 50 Day M A | 25.2772 |
| Code | RWX |
| Updated At | 30th of April 2024 |
| Currency Name | US Dollar |
SPDR Dow Jones [RWX] is traded in USA and was established 2006-12-15. The fund is classified under Global Real Estate category within SPDR State Street Global Advisors family. The entity is thematically classified as Real Estate ETFs. SPDR Dow Jones at this time have 460.76 M in assets. , while the total return for the last 3 years was -7.9%.
Check SPDR Dow Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR Dow Jones Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
SPDR Dow Jones Currency Exposure
SPDR Dow Jones holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR Dow will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR Dow Jones.
Top SPDR Dow Jones Etf Constituents
| SUPR | Supermarket Income REIT | Stock | Real Estate |
| GRT | Growthpoint Properties | Stock | REIT-Diversified |
| HUFV-A | Hufvudstaden AB | Stock | Real Estate—Diversified |
| WIHL | Wihlborgs Fastigheter AB | Stock | Real Estate |
| PSPN | PSP Swiss Property | Stock | CH Stock |
| LEG | LEG Immobilien SE | Stock | Real Estate Services |
| LAND | Land Securities Group | Stock | Real Estate |
SPDR Dow Target Price Odds Analysis
Based on a normal probability distribution, the odds of SPDR Dow jumping above the current price in 90 days from now is about 55.55%. The SPDR Dow Jones probability density function shows the probability of SPDR Dow etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon SPDR Dow has a beta of 0.0763 indicating as returns on the market go up, SPDR Dow average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Dow Jones will be expected to be much smaller as well. Additionally, sPDR Dow Jones has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SPDR Dow to move above the current price in 90 days from now is about 55.55 (This SPDR Dow Jones probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .
SPDR Dow Top Holders
| RLY | SPDR SSgA Multi Asset | Etf | Global Allocation |
| WDIIX | Wilmington Diversified Income | Mutual Fund | Large Value |
| WDIAX | Wilmington Diversified Income | Mutual Fund | Large Value |
| GAL | SPDR SSgA Global | Etf | Global Allocation |
| VSZIX | Voya Index Solution | Mutual Fund | Target-Date 2060+ |
| REIFX | Rems International Real | Mutual Fund | Global Real Estate |
| REIZX | Third Avenue International | Mutual Fund | Global Real Estate |
SPDR Dow Jones Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Dow market risk premium is the additional return an investor will receive from holding SPDR Dow long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Dow. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR Dow's alpha and beta are two of the key measurements used to evaluate SPDR Dow's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.33) |
SPDR Dow Against Markets
Picking the right benchmark for SPDR Dow etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR Dow etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR Dow is critical whether you are bullish or bearish towards SPDR Dow Jones at a given time. Please also check how SPDR Dow's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SPDR Dow without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
How to buy SPDR Etf?
Before investing in SPDR Dow, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR Dow. To buy SPDR Dow etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR Dow. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR Dow etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SPDR Dow Jones etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SPDR Dow Jones etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR Dow Jones, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR Dow guide.
Already Invested in SPDR Dow Jones?
The danger of trading SPDR Dow Jones is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR Dow is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR Dow. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Dow Jones is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SPDR Dow Jones offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Dow's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Dow Jones Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Dow Jones Etf: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of SPDR Dow Jones is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Dow's value that differs from its market value or its book value, called intrinsic value, which is SPDR Dow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Dow's market value can be influenced by many factors that don't directly affect SPDR Dow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Dow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.