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ETFs

SPDR MSCI World StrategicFactors ETF

QWLD
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 5, 2014
Expense Ratio
0.3%
Type
Global Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$212,244
AUM
$87,006,944
Associated Index
MSCI World Factor Mix A-Series Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MSFT
Microsoft Corporation
2.31%
AAPL
Apple Inc
2.29%
NVDA
NVIDIA Corp
1.89%
LLY
Lilly(Eli) & Co
1.49%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.46%
UNH
Unitedhealth Group Inc
1.38%
JNJ
Johnson & Johnson
1.32%
V
Visa Inc - Ordinary Shares - Class A
1.19%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.19%
MRK
Merck & Co Inc
1.14%
Invest with QWLD
Trade QWLD Options

What is QWLD?

The MSCI World Factor Mix A-Series 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. The Index is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI World Value Weighted Index, the MSCI World Minimum Volatility Index, and the MSCI World Quality Index (each, a "Component Index").

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

QWLD
Performance Measures**

for the time period Jun 5, 2014 to Dec 4, 2025

Returns

1M Trailing Return: 2.8%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 4.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -33.9%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 24.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.51

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.30

The annualized return divided by the max drawdown for the selected time period.

ETFs related toQWLD

ETFs correlated to QWLD include URTH, CRBN, ACWI

QWLD
SSgA Active Trust - SPDR MSCI World StrategicFactors SM ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
GLOV
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
QUS
SPDR Series Trust - SPDR MSCI USA StrategicFactors SM ETF
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toQWLD

SPDRverse

Category

Cross-asset momentum, sector rotation, SPDR ETFs, daily rebalancing, tactical allocation

OOS Cumulative Return

-3.32%

Create your own algorithmic trading strategy with QWLD using Composer

FAQ

QWLD is a Global Equities ETF. The MSCI World Factor Mix A-Series 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. The Index is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI World Value Weighted Index, the MSCI World Minimum Volatility Index, and the MSCI World Quality Index (each, a "Component Index").

QWLD tracks the MSCI World Factor Mix A-Series Index.

No, QWLD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, QWLD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on QWLD is -0.0028%. This is the percent change in the value of QWLD over the most recent 1-month period. The 3-month return on QWLD is 0.0047%. This is the percent change in the value of QWLD over the most recent 3-month period.

The standard deviation of QWLD for the past year is 0.1459%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to QWLD include PBW, IGF, and ARKK.

ETFs correlated to QWLD include URTH, CRBN, and ACWI.

ETFs that are inversely correlated to QWLD include SH, SDS, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.