Spdr Dow Jones Etf Profile
RWO Etf | USD 45.82 0.35 0.77% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR Dow is selling at 45.82 as of the 24th of November 2024; that is 0.77 percent increase since the beginning of the trading day. The etf's open price was 45.47. SPDR Dow has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SPDR Dow Jones are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
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. DJ Global is traded on NYSEARCA Exchange in the United States. More on SPDR Dow Jones
Moving together with SPDR Etf
0.98 | REET | iShares Global REIT | PairCorr |
0.82 | HAUZ | Xtrackers International | PairCorr |
0.84 | RWX | SPDR Dow Jones | PairCorr |
0.91 | GQRE | FlexShares Global Quality | PairCorr |
0.99 | AVRE | Avantis Real Estate | PairCorr |
Moving against SPDR Etf
SPDR Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Sector ETFs, Real Estate ETFs, Global Real Estate, SPDR State Street Global Advisors (View all Sectors) |
Issuer | SSgA |
Inception Date | 2008-05-07 |
Benchmark | Dow Jones Global Select Real Estate Securities Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 1.19 Billion |
Average Trading Valume | 113,887.8 |
Asset Type | Real Estate |
Category | Sector |
Focus | Real Estate |
Market Concentration | Blended Development |
Region | Global |
Administrator | SSgA Funds Management, Inc. |
Advisor | SSgA Funds Management, Inc. |
Custodian | State Street Bank and Trust Company |
Distributor | State Street Global Advisors Funds Distributors, LLC |
Portfolio Manager | Michael Feehily, Karl Schneider, Keith Richardson |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Aug |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 262 |
Market Maker | Susquehanna |
Total Expense | 0.5 |
Management Fee | 0.5 |
Country Name | USA |
Returns Y T D | 7.4 |
Name | SPDR Dow Jones Global Real Estate ETF |
Currency Code | USD |
Open Figi | BBG000FS2Q74 |
In Threey Volatility | 20.37 |
1y Volatility | 19.04 |
200 Day M A | 43.5595 |
50 Day M A | 46.3706 |
Code | RWO |
Updated At | 23rd of November 2024 |
Currency Name | US Dollar |
SPDR Dow Jones [RWO] is traded in USA and was established 2008-05-07. The fund is classified under Global Real Estate category within SPDR State Street Global Advisors family. The entity is thematically classified as Sector ETFs. SPDR Dow Jones at this time have 1.07 B in assets. , while the total return for the last 3 years was -2.3%.
Check SPDR Dow Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR Dow Jones Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
SPDR Dow Jones Currency Exposure
SPDR Dow Jones holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR Dow will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR Dow Jones.
Top SPDR Dow Jones Etf Constituents
ARE | Alexandria Real Estate | Stock | Real Estate | |
AVB | AvalonBay Communities | Stock | Real Estate | |
DLR | Digital Realty Trust | Stock | Real Estate | |
EQR | Equity Residential | Stock | Real Estate | |
ESS | Essex Property Trust | Stock | Real Estate | |
MTSFF | Mitsui Fudosan Co | Pink Sheet | Real Estate—Diversified | |
O | Realty Income | Stock | Real Estate | |
PLD | Prologis | Stock | Real Estate |
SPDR Dow Top Holders
SSBYX | State Street Target | Mutual Fund | Target-Date 2030 | |
SSBSX | State Street Target | Mutual Fund | Target-Date 2025 | |
SSFNX | State Street Target | Mutual Fund | Target-Date Retirement | |
SSFOX | State Street Target | Mutual Fund | Target-Date Retirement | |
SSBRX | State Street Target | Mutual Fund | Target-Date 2025 | |
SSBNX | State Street Target | Mutual Fund | Target-Date 2020 | |
SSBWX | State Street Target | Mutual Fund | Target-Date 2030 | |
SSBOX | State Street Target | Mutual Fund | Target-Date 2020 |
SPDR Dow Jones Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Dow. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.019 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | (0.14) |
SPDR Dow Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SPDR Dow Jones is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Dow's value that differs from its market value or its book value, called intrinsic value, which is SPDR Dow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Dow's market value can be influenced by many factors that don't directly affect SPDR Dow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Dow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.