GWX vs. IEFA ETF Comparison

Comparison of SPDR S&P International SmallCap ETF (GWX) to iShares Core MSCI EAFE ETF (IEFA)

GWX

SPDR S&P International SmallCap ETF

GWX 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 S&P Developed Ex-U.S. under USD2 Billion Index. 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 market capitalization weighted index designed to define and measure the investable universe of publicly traded small-cap companies domiciled in developed countries outside the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.14

Average Daily Volume

52,153

Number of Holdings ^*

86

* may have additional holdings in another (foreign) market

IEFA

iShares Core MSCI EAFE ETF

IEFA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE® Investable Market Index (the "underlying index"). The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index has been developed by MSCI Inc. ("MSCI") as an equity benchmark for its international stock performance. The underlying index is designed to measure large-, mid- and small-capitalization equity market performance and includes stocks from Europe, Australasia and the Far East.

Grade (RS Rating)

Last Trade

$73.37

Average Daily Volume

8,495,262

Number of Holdings ^*

61

* may have additional holdings in another (foreign) market

Performance

Period	GWX	IEFA
30 Days	-0.34%	-0.58%
60 Days	2.82%	1.47%
90 Days	4.38%	4.84%
12 Months	6.44%	11.39%

15 Overlapping Holdings

	Symbol	Grade	Weight in GWX	Weight in IEFA	Overlap
	BWLP	B	0.15%	0.01%	0.01%
	CALT	D	0.02%	0.0%	0.0%
	CHGX	C	0.02%	0.0%	0.0%
	FVRR	F	0.08%	0.0%	0.0%
	GCBC	B	0.02%	0.0%	0.0%
	ITRN	D	0.06%	0.0%	0.0%
	KRNT	F	0.05%	0.0%	0.0%
	NNDM	D	0.04%	0.0%	0.0%
	RDWR	F	0.07%	0.0%	0.0%
	RENB	F	0.07%	0.0%	0.0%
	RSKD	B	0.08%	0.0%	0.0%
	SMMF	B	0.02%	0.0%	0.0%
	VGR	F	0.02%	0.0%	0.0%
	VMAR	F	0.02%	0.0%	0.0%
	ZIM	B	0.12%	0.01%	0.01%

GWX Overweight 71 Positions Relative to IEFA

	Symbol	Grade	Weight
	CRTO	A	0.21%
	SFL	A	0.14%
	PDS	B	0.14%
	MRUS	C	0.13%
	SPNS	B	0.12%
	DHT	A	0.11%
	BCYC	C	0.1%
	FLNG	C	0.1%
	DNN	B	0.1%
	ABCL	F	0.09%
	IMAX	C	0.09%
	FSM	B	0.08%
	VRNA	D	0.08%
	GSM	B	0.07%
	NAT	D	0.06%
	ORLA	B	0.06%
	NNOX	D	0.06%
	DOLE	B	0.05%
	SSYS	F	0.05%
	TCI	F	0.05%
	OPRA	D	0.04%
	NNVC	F	0.04%
	JMIA	D	0.04%
	AUPH	F	0.04%
	SNDL	B	0.04%
	ASTL	D	0.04%
	ADAP	D	0.03%
	CTS	A	0.03%
	GSL	A	0.03%
	AUDC	D	0.03%
	CGNT	D	0.03%
	SKE	B	0.03%
	AUTL	F	0.03%
	FREY	D	0.03%
	CMPS	D	0.03%
	CVEO	D	0.03%
	URGN	F	0.03%
	GENI	F	0.03%
	MTLS	C	0.02%
	GROY	C	0.02%
	GHRS	B	0.02%
	SILC	C	0.02%
	IONR	B	0.02%
	AMRN	F	0.02%
	WTO	D	0.02%
	MGNX	D	0.02%
	MX	F	0.02%
	IPHA	D	0.02%
	CRNT	C	0.02%
	MGIC	B	0.02%
	IREN	F	0.02%
	MAXN	F	0.01%
	HL	B	0.01%
	IAUX	F	0.01%
	UBCP	D	0.01%
	CALX	F	0.01%
	RPTX	F	0.01%
	SLDB	D	0.01%
	INVZ	F	0.01%
	NBTX	F	0.01%
	ATAI	C	0.01%
	LILM	B	0.01%
	MGTX	F	0.01%
	TDCX	B	0.01%
	GRVY	D	0.01%
	LICY	F	0.01%
	EVTL	F	0.0%
	LGO	D	0.0%
	MIST	D	0.0%
	DBVT	F	0.0%
	ORMP	F	0.0%

GWX Underweight 46 Positions Relative to IEFA

	Symbol	Grade	Weight
	NVO	D	-2.2%
	TM	C	-1.28%
	NVS	B	-1.03%
	UL	A	-0.67%
	MUFG	D	-0.58%
	SONY	D	-0.55%
	ABBV	D	-0.41%
	DEO	F	-0.4%
	SMFG	C	-0.38%
	HMC	C	-0.28%
	STLA	D	-0.26%
	MFG	C	-0.24%
	LYG	A	-0.21%
	BCS	A	-0.2%
	E	C	-0.19%
	STM	F	-0.14%
	SE	B	-0.12%
	AER	A	-0.09%
	NMR	D	-0.09%
	CCEP	A	-0.08%
	TEVA	A	-0.08%
	LOGI	D	-0.07%
	CHKP	D	-0.07%
	XRX	F	-0.06%
	CYBR	D	-0.05%
	AGCO	F	-0.04%
	TS	F	-0.04%
	MNDY	D	-0.03%
	WIX	D	-0.03%
	GRAB	B	-0.03%
	TIGO	A	-0.02%
	GLBE	F	-0.02%
	FUTU	A	-0.02%
	AEI	F	-0.02%
	MNTX	F	-0.01%
	ODD	F	-0.01%
	PIXY	F	-0.01%
	TRMD	A	-0.01%
	INMD	F	-0.01%
	MLCO	D	-0.01%
	HAFN	B	-0.01%
	PGY	F	-0.0%
	VALN	D	-0.0%
	TARO	B	-0.0%
	CLBT	D	-0.0%
	ELBM	F	-0.0%

GWX: Top Represented Industries & Keywords

Industries: Biotechnology Communication Equipment Shipping & Ports Drug Manufacturers - Specialty & Generic Gold Other Industrial Metals & Mining Software - Application Aerospace & Defense Banks - Regional - US Business Services Computer Systems Industrial Metals & Minerals Internet Content & Information Software - Infrastructure Auto Parts Capital Markets Consumer Electronics Diversified Industrials Drug Manufacturers - Major Electrical Equipment & Parts

Keywords: Medicine Biopharmaceutical Cancer Mining Aerospace Immunology Immunotherapy Life Sciences Ships Systems Integrator Antibodies Biotechnology Electronics Medication Tanker 3D Printing Cancer Immunotherapy Chemical Elements Consumer Electronics Entheogens

IEFA: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Auto Manufacturers Banks - Global Biotechnology Drug Manufacturers - Specialty & Generic Capital Markets Communication Equipment Computer Systems Diversified Industrials Drug Manufacturers - Major Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Banks - Regional - US Beverages - Soft Drinks Beverages - Wineries & Distilleries Business Services Consumer Electronics Electronic Gaming & Multimedia

Keywords: Bank Banking Asset Management Cash Management Services Financial Products Insurance Products Investment Banking Investment Banking Services Medication Pharmaceutical Pharmaceutical Products Telecommunications Transport Active Pharmaceutical Ingredients Advisory Services Cars Computer Security Computing Corporate Banking Cybersecurity