A Daily Network publication
Explore the network
ETF Daily
The Definitive Daily Read on Exchange-Traded Funds
Sunday, August 23, 2026The Morning Brief →Sign in
QWLDSPDR

SPDR MSCI World StrategicFactors ETF

$158.73+0.55% today
13716052-WK

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. The index captures large-and mid-cap representation across 23 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies.

Price & daily flows
154.9148.4142.0158.73DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$15M OVER THIS RANGE

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +10.6% so far this year. At 0.30% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$178Massets under management
0.30%expense ratio · $30 per $10,000 a year
net flow, trailing month
2Kavg daily volume, 30 days
1411holdings · US-domiciled
2014listed June 3, 2014 · beta 0.65
Sector weights
Technology20.79%
Information Technology20.19%
Consumer Discretionary16.52%
Financial Services16.16%
Financials15.78%
Healthcare15.62%
Finance14.48%
Technology Services14.11%
Electronic Technology12.44%
Health Technology12.2%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States66.34%
Japan7.55%
Switzerland5.1%
United Kingdom3.75%
Canada2.81%
France2.46%
Germany2.16%
Netherlands1.69%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.5%
1 month+4.6%
3 months+3.6%
6 months+5.8%
YTD+10.6%
1 year+14.5%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months+$75K
YTD−$15M
1 year−$15M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
SepOctNovDecJanFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
9%realized volatility, 30 days (annualized)
10%realized volatility, 1 year
-7.7%deepest fall from a peak, 1 year
-0.7%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against QWLD

Due diligence cuts both ways. These funds sit on the same shelf and beat QWLD on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-26bp on fee · 184× the assets · +$104M in over the monthHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M-23bp on fee · 1088× the assets · +$631M in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B-21bp on fee · 905× the assets · +$1.9B in over the monthHead-to-head
IAGG iShares Core International Aggregate Bond ETF0.07%$11.4B+$739M-23bp on fee · 64× the assets · +$739M in over the monthHead-to-head
IXUS iShares Core MSCI Total International Stock ETF0.07%$46.2B-23bp on fee · 260× the assetsHead-to-head
Sign in to save this to The RecordA timestamped copy for the file — documentation, not advice.
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
Every weekday · 6:30 a.m. ET

The Morning Brief

The private wealth industry in four minutes, every weekday at 6:30 a.m. ET. Free.