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GWX

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1d
1w
1m

Analysis and statistics

  • Open
    38.7723$
  • Previous Close
    38.1558$
  • 52 Week Change
    --
  • Day Range
    0.62$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

GWX.US represents the SPDR S&P International Small Cap ETF, an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S. Under USD6 Billion Index. This ETF invests in a broad range of small-cap companies located in developed countries excluding the United States, providing exposure to international equity markets beyond large and mid-cap stocks. Investors use GWX to diversify their portfolios and potentially capture growth opportunities in smaller international companies.
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Factors

GWX.US tracks the performance of the S&P International Developed Ex-U.S. Property Index. Underlying Holdings' Performance: The primary driver is the performance of the real estate companies held within the ETF's portfolio.

Currency Fluctuations: Since the underlying assets are in foreign currencies, exchange rate movements impact the ETF's USD price.

Interest Rate Changes: Real estate values and REIT performance are sensitive to interest rate shifts in the developed markets the ETF invests in.

Economic Conditions: Economic growth or recession in those countries affects property values and rental income, influencing the ETF.

Market Sentiment: Overall investor confidence in international real estate and the general investment climate impact demand for the ETF.

Supply and Demand: Basic supply and demand forces for the ETF shares themselves also play a role in its pricing.

Expense Ratio: The ETF's expense ratio, although small, slightly reduces returns over time.

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