SPDW

The STATE STREET(R) SPDR(R) PORTFOLIO DEVELOPED WORLD EX-US ETF (SPDW) invests in a broad basket of equities from developed markets outside the United States, covering a wide range of sectors such as technology, finance, consumer discretionary and industrials. It follows a pass‑through, full‑replication strategy that seeks to track the performance of an established developed‑world ex‑U.S. index by holding the underlying stocks in proportion to the index weights. This fund is suited for investors who want diversified, long‑term exposure to non‑U.S. developed‑market equities as a complement to domestic holdings, helping to reduce country‑specific concentration risk.