See what your fund actually adds

State Street SPDR MSCI ACWI ex-US ETF CWI

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

CWI compared with its replication portfolio
MeasureCWIReplication
Annualized growth9.3%9.2%
Annualized volatility14.7%13.5%
Sharpe ratio0.680.72
Maximum drawdown27.5%24.0%
Replication fit (R²)0.95 · Tracking error 3.1%

Replication portfolio

The published portfolio below is the investable basket used to model CWI’s historical return behavior.

CWI replication basket weights
TickerBuilding blockWeight
VEAIntl · Developed33.0%
DGSEM Small Cap22.5%
DBEFIntl · Dev Hedged21.8%
VWOEmerging Markets13.9%
EFGIntl · Growth8.8%