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CWI vs HAWX

State Street SPDR MSCI ACWI ex-US ETF vs iShares Currency Hedged MSCI ACWI ex U.S. ETF

CWI

State Street SPDR MSCI ACWI ex-US ETF

State Street Investment Management

Annual cost

0.30%

Fund size

$2.7B

HAWX

iShares Currency Hedged MSCI ACWI ex U.S. ETF

iShares

Annual cost

0.35%

Fund size

$332M

Key differences

  • CWI is significantly larger than HAWX — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, HAWX has delivered higher annualized returns.
  • CWI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CWIHAWX
Annual cost (TER)0.30%0.35%
Fund size (AUM)$2.7B$332M
Since20072015
Dividend yield2.73%2.55%
Asset classequityequity
Regionglobal
Strategyindex trackingindex tracking
CAGR 1Y+30.6%+33.5%
CAGR 3Y+18.8%+20.5%
CAGR 5Y+9.1%+13.0%
Sharpe 3Y0.981.25
Volatility 1Y15.25%12.92%
Max drawdown-34.64%-30.63%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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