SPDW vs. HFXI ETF Comparison

Comparison of SPDR Portfolio World ex-US ETF (SPDW) to IQ 50 Percent Hedged FTSE International ETF (HFXI)

SPDW

SPDR Portfolio World ex-US ETF

SPDW Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S.BMI Index. 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. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in developed countries outside the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.32

Average Daily Volume

1,904,306

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

HFXI

IQ 50 Percent Hedged FTSE International ETF

HFXI Description

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the FTSE Developed ex North America 50% Hedged to USD Index (the "underlying index"). The underlying index is an equity benchmark of international stocks from developed markets, with approximately half of the currency exposure of the securities included in the underlying index "hedged" against the U.S. dollar on a monthly basis. The fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities and other instruments included in its underlying index.

Grade (RS Rating)

Last Trade

$27.50

Average Daily Volume

141,640

Number of Holdings ^*

28

* may have additional holdings in another (foreign) market

Performance

Period	SPDW	HFXI
30 Days	2.56%	1.33%
60 Days	4.48%	1.93%
90 Days	7.08%	3.54%
12 Months	19.88%	18.61%

29 Overlapping Holdings

	Symbol	Grade	Weight in SPDW	Weight in HFXI	Overlap
	ABBV	C	0.37%	0.46%	0.37%
	AEI	D	0.02%	0.04%	0.02%
	AGCO	D	0.03%	0.05%	0.03%
	BCS	B	0.17%	0.24%	0.17%
	DEO	C	0.29%	0.36%	0.29%
	E	C	0.15%	0.21%	0.15%
	ELBM	C	0.0%	0.01%	0.0%
	FLUT	B	0.03%	0.18%	0.03%
	HMC	D	0.22%	0.28%	0.22%
	KB	D	0.12%	0.13%	0.12%
	KEP	C	0.03%	0.03%	0.03%
	LOGI	D	0.06%	0.08%	0.06%
	LPL	F	0.01%	0.0%	0.0%
	LPL	F	0.01%	0.0%	0.0%
	LYG	B	0.22%	0.26%	0.22%
	MBAVU	C	0.02%	0.02%	0.02%
	MFG	D	0.2%	0.31%	0.2%
	MUFG	D	0.52%	0.67%	0.52%
	NMR	D	0.07%	0.11%	0.07%
	NVS	C	0.93%	1.16%	0.93%
	QGEN	C	0.04%	0.05%	0.04%
	SHG	C	0.09%	0.14%	0.09%
	SMFG	D	0.34%	0.49%	0.34%
	SONY	C	0.49%	0.56%	0.49%
	STLA	F	0.13%	0.18%	0.13%
	SW	B	0.0%	0.13%	0.0%
	TM	F	0.84%	1.21%	0.84%
	UL	C	0.68%	0.78%	0.68%
	XRX	D	0.05%	0.08%	0.05%

SPDW Overweight 86 Positions Relative to HFXI

	Symbol	Grade	Weight
	TD	B	0.47%
	SHOP	C	0.36%
	CNI	D	0.31%
	WCN	D	0.2%
	SPOT	B	0.19%
	SE	B	0.13%
	ICLR	D	0.1%
	PKX	D	0.1%
	CHKP	B	0.1%
	CPNG	B	0.1%
	CCEP	B	0.08%
	TEVA	C	0.08%
	CYBR	D	0.07%
	ARM	D	0.06%
	FLEX	C	0.06%
	MT	D	0.05%
	ONON	C	0.05%
	GRAB	C	0.04%
	MNDY	B	0.04%
	BNTX	C	0.04%
	OTEX	D	0.03%
	GSL	D	0.03%
	AER	B	0.03%
	WIX	D	0.03%
	GLOB	D	0.03%
	FUTU	D	0.02%
	ASND	C	0.02%
	KRNT	B	0.02%
	IAG	C	0.02%
	XENE	F	0.02%
	WFG	B	0.02%
	MRUS	D	0.02%
	GLNG	C	0.02%
	LSPD	D	0.01%
	CSTM	F	0.01%
	NAT	D	0.01%
	URGN	F	0.01%
	IMCR	F	0.01%
	GLBE	C	0.01%
	AY	C	0.01%
	DAVA	F	0.01%
	GRFS	C	0.01%
	TAC	B	0.01%
	ZIM	C	0.01%
	IGT	D	0.01%
	NOMD	B	0.01%
	BIRK	F	0.01%
	MNMD	F	0.0%
	MAXN	F	0.0%
	MTLS	F	0.0%
	FREY	F	0.0%
	RENB	F	0.0%
	HL	C	0.0%
	GRVY	F	0.0%
	ORMP	D	0.0%
	TLRY	F	0.0%
	CVAC	F	0.0%
	CALX	D	0.0%
	AMRN	F	0.0%
	LILM	F	0.0%
	EU	D	0.0%
	TMC	F	0.0%
	DNN	F	0.0%
	MNTX	D	0.0%
	ADAP	F	0.0%
	NNOX	F	0.0%
	NNDM	F	0.0%
	GSM	F	0.0%
	NBTX	D	0.0%
	INVZ	D	0.0%
	ABCL	F	0.0%
	CHGX	B	0.0%
	SNDL	D	0.0%
	SSYS	F	0.0%
	PIXY	F	0.0%
	AUPH	C	0.0%
	RDWR	C	0.0%
	SPNS	D	0.0%
	INMD	D	0.0%
	JMIA	F	0.0%
	PDS	D	0.0%
	CSIQ	F	0.0%
	HCM	F	0.0%
	IMTX	C	0.0%
	FVRR	C	0.0%
	MLCO	D	0.0%

SPDW Underweight 0 Positions Relative to HFXI

	Symbol	Grade	Weight

SPDW: Top Represented Industries & Keywords

Industries: Biotechnology Software - Application Banks - Global Drug Manufacturers - Major Auto Manufacturers Banks - Regional - Asia Computer Systems Drug Manufacturers - Specialty & Generic Shipping & Ports Software - Infrastructure Capital Markets Communication Equipment Consumer Electronics Diagnostics & Research Diversified Industrials Electronic Gaming & Multimedia Gambling Gold Industrial Metals & Minerals Information Technology Services

Keywords: Medicine Biotechnology Biopharmaceutical Bank Banking Cancer Investment Banking Pharmaceutical Clinical Medicine Financial Products Investment Banking Services Systems Integrator Aerospace Asset Management Computing E Commerce Electricity Immunotherapy Infectious Diseases Natural Gas

HFXI: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Banks - Regional - Asia Consumer Electronics Drug Manufacturers - Major Banks - Regional - Europe Beverages - Wineries & Distilleries Capital Markets Computer Systems Diagnostics & Research Farm & Construction Equipment Gambling Household & Personal Products Information Technology Services Oil & Gas Integrated Other Industrial Metals & Mining Packaging & Containers Real Estate - Development Utilities - Regulated Electric

Keywords: Bank Banking Investment Banking Investment Banking Services Financial Products Asset Management Corporate Banking Investment Bank Structured Finance Advisory Services Cars Commercial Banking Financial Advisory Services Insurance Products Investment Product Project Finance Securitization Syndicated Loan Account Management Asset And Liability Management