SPDR Dow Jones International Real Estate ETF
RWX - ETF AI Analysis
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SPDR Dow Jones International Real Estate ETF (RWX)
RWX, the SPDR Dow Jones International Real Estate ETF, earns a solid overall rating largely because several major holdings like Mitsui Fudosan and Segro plc show strong financial performance, positive momentum or outlook, and reasonable valuations, which support the fund’s quality. Additional contributors such as Scentre Group, CapitaLand Mall, Klepierre, PSP Swiss Property, and Hulic provide income appeal and financial stability, though weaker momentum and profitability issues in holdings like HK:0823 slightly weigh on the fund. The main risk factor is the ETF’s concentration in international real estate, which can be sensitive to macroeconomic conditions and property market cycles.
RWX vs. SPDR S&P 500 ETF (SPY)
- AUM
- 235.59M
- Region
- Global Ex-U.S.
- Expense Ratio
- 0.59%
- Beta
- 0.40
- Issuer
- State Street
- Inception Date
- Dec 14, 2006
- Dividend Yield
- 4.11%
- Asset Class
- Equity
- Index Tracked
- DJ Global x US Select Real Estate Securities Index (RESI)
RWX Summary
RWX is the SPDR Dow Jones International Real Estate ETF, which follows the Dow Jones Global ex-U.S. Select Real Estate Securities Index. It invests in real estate companies and REITs outside the United States, including firms that own office buildings, shopping centers, and other properties. Well-known holdings include Mitsui Fudosan in Japan and Segro in the UK. Someone might invest in RWX to gain global diversification and potential income from international property markets. A key risk is that real estate values and the ETF’s price can go up and down with changes in the global economy and property markets.
How much will it cost me?
This ETF has an expense ratio of 0.59%, which means you’ll pay about $5.90 per year for every $1,000 you invest. That’s higher than the average ETF because it focuses on a specialized international real estate sector and is more actively managed than broad, low-cost index funds.
What would affect this ETF?
RWX could benefit if global economic growth strengthens and demand for commercial and residential properties rises in regions like Japan, Europe, and Asia where its major holdings operate, especially if interest rates stabilize or fall, making real estate more attractive. On the negative side, higher interest rates, weaker international growth, or country-specific issues such as property market downturns or new real estate regulations in markets like Japan, the UK, or Hong Kong could hurt the value of its real estate and REIT holdings.
RWX Top 10 Holdings
RWX is essentially a global ex-U.S. real estate play, with performance hinging on a handful of heavyweight property names. Japanese giants like Mitsui Fudosan and Hulic are doing the heavy lifting, with rising momentum that helps offset softer spots elsewhere. European exposure is more mixed: Swiss Prime Site and PSP Swiss Property look steady, while retail-focused Klepierre and UK-based Segro have been lagging and occasionally pulling on the fund’s reins. Add in steady but uneven names like Scentre and CapitaLand, and you get a diversified, but clearly real-estate-centric, international mix.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Mitsui Fudosan Co | 6.67% | $15.85M | JPY 4.18T | -6.18% | 78Outperform | |
| Segro plc (REIT) | 3.43% | $8.15M | GBP 12.44B | 26.54% | 75Outperform | |
| Link Real Estate Investment | 3.05% | $7.24M | HKD 107.95B | -1.59% | 55Neutral | |
| Swiss Prime Site AG | 2.92% | $6.94M | CHF 10.77B | 15.69% | 62Neutral | |
| Scentre Group | 2.92% | $6.93M | AUD 18.28B | -15.46% | 70Outperform | |
| CapitaLand Integrated Commercial Trust | 2.63% | $6.25M | SGD 18.90B | 1.72% | 71Outperform | |
| Klepierre (ex Compagnie Fonciere Klepierre) | 2.05% | $4.86M | EUR 10.44B | 9.85% | 72Outperform | |
| PSP Swiss Property AG | 1.96% | $4.65M | CHF 7.10B | 10.03% | 72Outperform | |
| Hulic Co | 1.90% | $4.52M | JPY 1.48T | 18.44% | 74Outperform |
RWX Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RWX, the sentiment is Neutral. The current price of 26.26 is above the 20-day moving average (MA) of 25.88, above the 50-day MA of 25.93, and below the 200-day MA of 27.01, indicating a neutral trend. The MACD of 0.17 indicates Negative momentum. The RSI at 55.42 is Neutral, neither overbought nor oversold. The STOCH value of 62.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RWX.
RWX Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| $26.26 | $27.00(2.82% Upside) | $235.59M | 0.59% | 56Neutral | |
| $21.98 | ― | $1.09B | 0.10% | 55Neutral | |
| $47.47 | $51.55(8.60% Upside) | $911.10M | 0.17% | 66Neutral | |
| $95.55 | $102.03(6.78% Upside) | $846.43M | 0.48% | 70Neutral | |
| $11.27 | $12.51(10.99% Upside) | $509.78M | 0.45% | 66Neutral | |
| $30.23 | $36.55(20.93% Upside) | $5.96M | 0.55% | 56Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| RWX | SPDR Dow Jones International Real Estate ETF | 26.26 | -0.95 | -3.51% | |
| HAUZ | Xtrackers International Real Estate ETF | 21.98 | -0.82 | -3.58% | |
| AVRE | Avantis Real Estate ETF | 47.47 | 4.27 | 9.88% | |
| REZ | iShares Residential and Multisector Real Estate ETF | 95.55 | 13.20 | 16.03% | |
| VGSR | Vert Global Sustainable Real Estate ETF | 11.27 | 1.05 | 10.32% | |
| IPAV | Global X Infrastructure Development ex-U.S. ETF | 30.23 | 1.76 | 6.19% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
