RWO: State Street SPDR Dow Jones Global Real Estate ETF

What does RWO hold?#

This fund owns real estate companies in the US and other countries. These companies own buildings like offices, warehouses and apartments and often pay dividends from rent. Its value goes up and down with property stocks.

It tracks the Dow Jones Global Select Real Estate Securities Index. It had 224 holdings as of October 15, 2026, according to SPDR (State Street).

What is the RWO expense ratio?#

RWO charges 0.5% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.5% fee comes to about $50 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has RWO done since 2008?#

From May 2008 to October 2026, RWO returned about 3.6% a year. Say you put in $10,000 at the start. It would have been worth about $19,179 at the end, with every dividend reinvested.

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

RWO returns by year#

What was RWO’s worst drop?#

A drawdown is how far a fund falls from its last high point. RWO’s worst fall was −67.7%, from May 30, 2008 to March 9, 2009. It got back to that high on July 17, 2012.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold RWO?#

One classic strategy holds RWO at least some of the time. Each is a set of written rules you can open, test and copy.

• Global Risk Parity Trend-Following (Clare et al.), by Andrew Clare, James Seaton, Peter N. Smith, and Stephen Thomas, 2016

How does RWO compare with similar ETFs?#

Funds that can stand in for RWO:

• RWX: State Street SPDR Dow Jones International Real Estate ETF, 0.59% a year
• SCHH: Schwab U.S. REIT ETF, 0.07% a year
• XLRE: State Street Real Estate Select Sector SPDR ETF, 0.08% a year
• VNQ: Vanguard Real Estate ETF, 0.13% a year

See all 5 RWO alternatives, compared on the same dates as RWO.

Test RWO in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add RWO, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for RWO. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from SPDR (State Street). We checked them on October 16, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.