State Street® SPDR® S&P® International Dividend ETF

What this fund is

State Street® SPDR® S&P® International Dividend ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker DWX (ISIN US78463X7729). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It passively tracks the S&P International Dividend Opportunities Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include TOTALENERGIES SE, EVONIK INDUSTRIES AG and DCC PLC.

Spread across roughly 131 holdings (the ten largest ≈ 18.6%), no one position makes or breaks the fund. By industry it concentrates most in ~14.7% Financials and ~11.3% Consumer Staples. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.45% a year — about €45 a year on a €10,000 holding, taken automatically from the fund.

It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD. Its price has swung about 11.3% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2008. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from SPDR.)