ETF Versus

SPDW vs XLRE

State Street SPDR Portfolio Developed World ex-US ETF vs State Street Real Estate Select Sector SPDR ETF

Last updated: 2026-04-02

SPDW State Street

State Street SPDR Portfolio Developed World ex-US ETF (SPDW) is an exchange-traded fund issued by State Street 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 3.19%. Launched in 2007, the fund has a 19-year track record.

AUM: N/A ER: 0.03% Yield: 3.19% Since: 2007-04-26
XLRE State Street

State Street Real Estate Select Sector SPDR ETF (XLRE) is an exchange-traded fund issued by State Street that provides exposure to us sector - real estate securities. It charges a low expense ratio of 0.09%. The fund offers an attractive dividend yield of 3.39%. Launched in 2015, the fund has a 11-year track record.

AUM: N/A ER: 0.09% Yield: 3.39% Since: 2015-10-08

Quick Verdict

SPDW has a slightly lower expense ratio (0.03% vs 0.09%), saving about $119 per $10,000 over 10 years. Over the past year, SPDW has significantly outperformed with a 25.6% return vs -1.8%.

Key Metrics

Metric SPDW XLRE
Expense Ratio 0.03% 0.09%
Dividend Yield 3.2% 3.4%
Fund Family State Street State Street
Category International Developed US Sector - Real Estate

Performance Chart

Indexed to 100 at start (5-year comparison)

70 84 98 112 126 140 2021-04 2022-06 2023-10 2024-12 2026-04
SPDW +26.6%
XLRE +2.4%

Performance Comparison

Period SPDW XLRE Difference
1 Month -2.87% -5.47% +2.60%
3 Months +2.43% +2.30% +0.13%
6 Months +5.33% -0.84% +6.17%
YTD +2.43% +2.30% +0.13%
1 Year +25.60% -1.83% +27.43%
3 Years +42.12% +11.56% +30.56%
5 Years +26.60% +2.43% +24.17%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPDW Fees XLRE Fees You Save
$10,000 10 years $60 $179 $119
$10,000 20 years $258 $771 $512
$10,000 30 years $835 $2,486 $1,650
$50,000 10 years $299 $896 $597
$50,000 30 years $4,176 $12,428 $8,252
$100,000 30 years $8,352 $24,855 $16,503

Risk Metrics

Based on 5 years of daily returns

Metric SPDW XLRE
Annualized Volatility 16.3% 19.1%
Max Drawdown -33.0% -37.9%
Sharpe Ratio 0.10 -0.12

Dividend Comparison

Metric SPDW XLRE
Annual Dividend (per share) $1.47 $1.40
Dividend Yield 3.19% 3.39%
Distribution Frequency Semi-Annual or Annual Quarterly

Which One Should You Choose?

Choose SPDW 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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