ETF Versus

SPDW vs SPLG

State Street SPDR Portfolio Developed World ex-US ETF vs State Street SPDR Portfolio S&P 500 ETF

Last updated: 2026-04-10

SPDW SPDR

State Street SPDR Portfolio Developed World ex-US ETF (SPDW) is an exchange-traded fund issued by SPDR that provides exposure to equities in developed international markets outside the U.S.. It charges a very low expense ratio of 0.03%. The fund offers an attractive dividend yield of 3.04%. Launched in 2007, the fund has a 19-year track record.

AUM: $38.2B ER: 0.03% Yield: 3.04% Since: Apr 20, 2007
SPLG SPDR

State Street SPDR Portfolio S&P 500 ETF (SPLG) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. equities across growth and value styles. Launched in 2009, the fund has a 17-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2009-01-02

Quick Verdict

SPLG has a slightly lower expense ratio (0.00% vs 0.03%), saving about $60 per $10,000 over 10 years. Over the past year, SPDW has significantly outperformed with a 39.9% return vs 29.7%.

Key Metrics

Metric SPDW SPLG
Expense Ratio 0.03% N/A
Dividend Yield 3.0% N/A
Fund Family SPDR SPDR
Category International Developed US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

70 90 110 130 150 170 2021-04 2022-07 2023-10 2025-01 2026-04
SPDW +33.0%
SPLG +65.4%

Performance Comparison

Period SPDW SPLG Difference
1 Month +2.75% +0.54% +2.21%
3 Months +4.27% -2.18% +6.45%
6 Months +12.72% +2.59% +10.13%
YTD +7.12% -0.46% +7.58%
1 Year +39.87% +29.69% +10.18%
3 Years +48.69% +66.15% -17.46%
5 Years +32.96% +65.40% -32.44%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPDW Fees SPLG Fees You Save
$10,000 10 years $60 $0 $60
$10,000 20 years $258 $0 $258
$10,000 30 years $835 $0 $835
$50,000 10 years $299 $0 $299
$50,000 30 years $4,176 $0 $4,176
$100,000 30 years $8,352 $0 $8,352

Risk Metrics

Based on 5 years of daily returns

Metric SPDW SPLG
Annualized Volatility 16.4% 16.9%
Max Drawdown -33.0% -25.4%
Sharpe Ratio 0.16 0.42

Dividend Comparison

Metric SPDW SPLG
Annual Dividend (per share) $1.47 $0.88
Dividend Yield 3.05% 1.10%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

SPDW Top Holdings

NameWeight
Samsung Electronics Co., Ltd.!lon/SMSN2.13%
ASML Holding N.V.!ams/ASML1.71%
SK hynix Inc.!krx/0006601.19%
AstraZeneca PLC!lon/AZN0.99%
HSBC Holdings plc!lon/HSBA0.97%
Novartis AG!swx/NOVN0.93%
Roche Holding AG!swx/ROP0.87%
Shell plc!lon/SHEL0.83%
Nestlé S.A.!swx/NESN0.81%
Toyota Motor Corporation!tyo/72030.81%

Which One Should You Choose?

Choose SPLG if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose SPDW if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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