Key stats
About SPDR MSCI World StrategicFactors ETF
Home page
Inception date
Jun 4, 2014
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
QWLD offers multifactor exposure with moderate biases. The fund tracks an index that equally weights three subindexes (value, minimum-volatility, and quality) derived from the MSCI World Index. This resulting mix may offer low-volatility strategy with an equal focus on high-quality and attractively valued firms. QWLD takes moderate active riskperhaps the three subindexes (each of which runs without consideration of the other) offset each other somewhat. Large US firms dominate the funds weighting, in line with our neutral benchmark, though we do see lower beta, a large-cap tilt and some sector biases. QWLD changed its name and the name of its underlying index on July 15, 2016. The change was purely cosmetic with no impact on investment strategy, portfolio holdings, and investor experience.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Health Technology
Stocks99.64%
Finance15.99%
Technology Services15.95%
Electronic Technology11.44%
Health Technology10.94%
Consumer Non-Durables7.17%
Retail Trade5.52%
Communications4.62%
Producer Manufacturing3.75%
Commercial Services3.44%
Utilities3.38%
Energy Minerals3.26%
Consumer Durables2.43%
Consumer Services1.98%
Transportation1.93%
Health Services1.92%
Distribution Services1.70%
Process Industries1.43%
Industrial Services1.37%
Non-Energy Minerals1.33%
Miscellaneous0.09%
Bonds, Cash & Other0.36%
Mutual fund0.24%
Cash0.08%
Temporary0.02%
UNIT0.01%
Stock breakdown by region
North America66.98%
Europe22.25%
Asia9.03%
Oceania1.29%
Middle East0.39%
Latin America0.07%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history