SPDR® S&P Global Dividend ETF (WDIV)

Overview

The SPDRu00ae S&P Global Dividend ETF (WDIV) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Global Dividend Aristocrats Index. It focuses on high-dividend-yielding stocks from developed and emerging markets, excluding the United States, with a strategy centered on dividend sustainability.

Reputation and Reliability

State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long track record in the ETF industry.

Management Expertise

SSGA has extensive experience in managing index-tracking ETFs and employing dividend-focused investment strategies.

Goal

Seeks to track the performance of the S&P Global Dividend Aristocrats Index.

Investment Approach and Strategy

Strategy: The ETF tracks the S&P Global Dividend Aristocrats Index, which selects companies that have increased or maintained stable dividend payouts for at least 10 consecutive years.

Composition The ETF primarily holds dividend-paying common stocks from developed and emerging markets, excluding the United States. It may invest in a variety of sectors, but typically has significant exposure to financials, utilities, and consumer staples.

Market Share: WDIV has a moderate market share within the global dividend ETF category.

Total Net Assets (AUM): 240600000

Key Competitors

• Vanguard International Dividend Appreciation ETF (VIGI)
• Schwab International Dividend Equity ETF (SCHY)
• iShares International Select Dividend ETF (IDV)

Competitive Landscape

The global dividend ETF market is competitive, with several established players. WDIV's advantage lies in its dividend aristocrat focus, emphasizing dividend sustainability. Competitors may offer broader diversification or lower expense ratios, potentially attracting different investor profiles. IDV and SCHY can fluctuate heavily, and WDIV has a more reliable focus.

Historical Performance: The ETF's performance depends on the underlying index and the performance of dividend-paying stocks. Historical data shows varied returns depending on market conditions.

Benchmark Comparison: The ETF's performance closely tracks the S&P Global Dividend Aristocrats Index. Tracking error may occur due to expenses and fund management.

Expense Ratio: 0.45

Average Trading Volume

The ETF's average trading volume is moderate, which might affect order execution for large trades.

Bid-Ask Spread

The ETF's bid-ask spread varies depending on market conditions and trading volume, potentially impacting short-term trading costs.

Market Environment Factors

Economic growth, interest rate changes, and sector-specific trends in global markets can impact WDIV. Dividend yields and currency fluctuations also play a role.

Growth Trajectory

WDIV's growth trajectory depends on the demand for global dividend-focused investments and the performance of the underlying dividend aristocrat stocks. Changes in index methodology could affect its holdings and performance.

Competitive Edge

WDIV's competitive advantage stems from its focus on global dividend aristocrats, offering exposure to companies with a history of consistent or increasing dividends. This strategy emphasizes dividend sustainability, potentially appealing to income-seeking investors. Its focus on dividend sustainability differentiates it from competitors. SSGA's expertise in index-tracking ETFs also contributes to its competitive edge.

Volatility

WDIV's volatility is influenced by the volatility of the underlying stocks and currency fluctuations. Emerging market exposure may contribute to higher volatility.

Market Risk

The ETF is subject to market risk, including economic downturns and sector-specific risks. Changes in dividend policies of the underlying companies can impact its income stream.

Ideal Investor Profile

WDIV is suitable for investors seeking global dividend income and long-term capital appreciation. It's appropriate for those comfortable with international investing and moderate risk.

Market Risk

WDIV is best suited for long-term investors seeking dividend income and diversification. It may not be ideal for active traders due to moderate trading volume.

The SPDRu00ae S&P Global Dividend ETF (WDIV) offers exposure to a portfolio of global dividend aristocrats, providing income and potential capital appreciation. Its focus on dividend sustainability makes it suitable for long-term investors seeking income. The fund's moderate expense ratio and trading volume should be considered. Economic indicators, sector growth prospects, and current market conditions affect WDIV's performance.

• VIGI
• SCHY
• IDV
• EFV
• VYMI
• LVHI

Data Sources:

• SSGA Website
• ETF.com
• Morningstar
• Bloomberg

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market conditions and investment strategies can change.