CWI vs. EFAX ETF Comparison

Comparison of SPDR MSCI ACWI ex-US ETF (CWI) to SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX)

CWI

SPDR MSCI ACWI ex-US ETF

CWI Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the MSCI All Country World Index ex USA. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.12

Average Daily Volume

178,732

Number of Holdings ^*

90

* may have additional holdings in another (foreign) market

EFAX

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

EFAX Description

The SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI EAFE ex Fossil Fuels Index.

Grade (RS Rating)

Last Trade

$40.48

Average Daily Volume

15,694

Number of Holdings ^*

30

* may have additional holdings in another (foreign) market

Performance

Period	CWI	EFAX
30 Days	-2.42%	-3.03%
60 Days	3.67%	3.25%
90 Days	1.64%	0.10%
12 Months	8.86%	9.14%

29 Overlapping Holdings

	Symbol	Grade	Weight in CWI	Weight in EFAX	Overlap
	ABBV	B	0.44%	0.58%	0.44%
	AER	B	0.02%	0.12%	0.02%
	AGCO	F	0.05%	0.04%	0.04%
	BCS	C	0.17%	0.27%	0.17%
	CHKP	B	0.05%	0.09%	0.05%
	CYBR	B	0.04%	0.07%	0.04%
	DEO	F	0.31%	0.47%	0.31%
	FUTU	B	0.02%	0.03%	0.02%
	GLBE	C	0.0%	0.02%	0.0%
	GRAB	B	0.02%	0.05%	0.02%
	HMC	D	0.19%	0.31%	0.19%
	LOGI	B	0.04%	0.1%	0.04%
	LYG	B	0.16%	0.28%	0.16%
	MFG	C	0.09%	0.31%	0.09%
	MNDY	B	0.02%	0.05%	0.02%
	MT	D	0.05%	0.07%	0.05%
	MUFG	C	0.46%	0.75%	0.46%
	NMR	C	0.08%	0.12%	0.08%
	NVS	A	0.81%	1.34%	0.81%
	QGEN	C	0.0%	0.06%	0.0%
	SE	A	0.09%	0.17%	0.09%
	SMFG	B	0.22%	0.53%	0.22%
	SONY	D	0.42%	0.69%	0.42%
	STLA	F	0.17%	0.31%	0.17%
	TEVA	B	0.07%	0.04%	0.04%
	TM	F	0.81%	1.43%	0.81%
	UL	A	0.52%	0.9%	0.52%
	WIX	B	0.04%	0.06%	0.04%
	XRX	F	0.04%	0.08%	0.04%

CWI Overweight 61 Positions Relative to EFAX

	Symbol	Grade	Weight
	TSM	A	2.53%
	BABA	D	0.5%
	TD	F	0.43%
	CNI	D	0.36%
	PDD	B	0.31%
	SHOP	C	0.27%
	INFY	B	0.25%
	IBN	D	0.24%
	HDB	B	0.19%
	E	D	0.16%
	ITUB	D	0.15%
	VALE	F	0.15%
	UMC	A	0.12%
	BIDU	F	0.11%
	CHT	A	0.11%
	KB	B	0.1%
	TCOM	D	0.1%
	RDY	C	0.08%
	PKX	F	0.08%
	BAP	D	0.07%
	SHG	B	0.07%
	BBD	F	0.07%
	BABA	D	0.07%
	ABEV	F	0.06%
	CIB	D	0.05%
	YUMC	F	0.05%
	SQM	F	0.04%
	CIG	D	0.04%
	BEKE	C	0.04%
	LI	F	0.04%
	ENIC	D	0.04%
	TME	B	0.04%
	HTHT	F	0.03%
	CSAN	F	0.03%
	WIT	B	0.03%
	OTEX	F	0.03%
	NIO	F	0.03%
	ZTO	B	0.03%
	RBA	A	0.03%
	VIPS	F	0.03%
	BGNE	C	0.03%
	BILI	B	0.02%
	LEGN	F	0.02%
	SID	F	0.02%
	KEP	F	0.02%
	BVN	C	0.02%
	BZ	C	0.02%
	PHI	C	0.02%
	TAL	F	0.02%
	GGB	F	0.02%
	BRFS	D	0.01%
	VALE	F	0.01%
	ATHM	B	0.01%
	XPEV	F	0.01%
	PAC	C	0.01%
	IQ	F	0.01%
	QFIN	B	0.01%
	XPEV	F	0.01%
	SBSW	F	0.01%
	YNDX	C	0.0%
	SCCO	D	0.0%

CWI Underweight 1 Positions Relative to EFAX

	Symbol	Grade	Weight
	CCEP	A	-0.1%

CWI: Top Represented Industries & Keywords

Industries: Internet Content & Information Auto Manufacturers Banks - Regional - Asia Software - Application Banks - Global Banks - Regional - Latin America Steel Information Technology Services Specialty Retail Airports & Air Services Biotechnology Capital Markets Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Industrial Metals & Minerals Semiconductors Telecom Services Utilities - Regulated Electric Banks - Regional - Europe Beverages - Brewers

Keywords: Banking Bank Investment Banking Financial Products Investment Banking Services Cash Management Investment Bank Investment Product Telecommunications Transport Asset Management Asset Management Services Cars Commercial Banking Currency Insurance Products Mining Pharmaceutical Structured Finance Advertising Services

EFAX: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Software - Application Capital Markets Drug Manufacturers - Major Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Computer Systems Consumer Electronics Diagnostics & Research Drug Manufacturers - Specialty & Generic Electronic Gaming & Multimedia Farm & Construction Equipment Household & Personal Products Information Technology Services Internet Content & Information Internet Retail

Keywords: Asset Management Bank Banking Financial Products Investment Banking Investment Banking Services Advisory Services Cars Cash Management Services Corporate Banking Insurance Products Investment Bank Investment Product Pharmaceutical Structured Finance Transport Wealth Management Services Active Pharmaceutical Ingredients Alcohol Asset And Liability Management