Is GWX a good investment?

State Street SPDR S&P International Small Cap ETF (GWX) is a developed ex-US international ETF. As of September 11, 2026, ETF Copilot scores GWX 3.4 out of 10 — highest on Growth (6.5), lowest on Quality (0.6). It trades at 14.8 times earnings, against its own median of 11.8. Its ten largest holdings are 3% of the fund.

Updated September 11, 2026

How is GWX rated? ETF Copilot scores State Street SPDR S&P International Small Cap ETF (GWX) 3.4 out of 10

As of September 11, 2026, ETF Copilot scores State Street SPDR S&P International Small Cap ETF (GWX) 3.4 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 3.4 / 10
Growth: 6.5 / 10
Valuation: 2.2 / 10
Risk: 3.5 / 10
Quality: 0.6 / 10
Return: 3.0 / 10

What is GWX's expense ratio? 0.40% a year

As of September 11, 2026, GWX charges 0.40% a year, yields 2.40% and holds $943M in assets across 1979 positions.

State Street SPDR S&P International Small Cap ETF (GWX) — cost, income and size
Measure	GWX
Expense ratio	0.40%
Dividend yield	2.40%
Assets under management	$943M
Holdings	1979

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in GWX's data

Developed ex-US small caps, held through a cap-weighted index.

Priced below the typical developed-market small-cap fund — you pay less for each dollar of earnings.

Trailing P/E multiple of 14.8x sits below the category median of 16.5x. It holds 1,979 names, offering broad exposure across smaller global companies.

A broad diversifier in developed ex-U.S. small-cap exposure — a deeper dive into smaller global companies than most funds offer.

Why did GWX move this week? It fell 0.7% in the week to September 11, 2026 — Citizen Watch and Westgold Resources drove it

GWX fell 0.7% in the week to September 11, 2026. The holdings that moved it most were Citizen Watch (−13.7%), Westgold Resources (−10.9%) and Seiko (−12.4%); Jusung Engineering (+25.8%) pushed the other way.

Is GWX expensive right now? It trades at 14.8 times earnings, against its own median of 11.8

As of September 11, 2026, GWX is more expensive than 96% of its own 114 monthly readings since 2017 — 109 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside GWX? 15% Tech

What's inside GWX: Size (Large 1%, Mid 5%, Small 94%); Geography (International 95%, US 5%); Tech 15.0%; AI 0.1%; Semiconductors 4.6%; Memory 0.1%.

What are GWX's top holdings? The ten largest are 3% of the fund

Jusung Engineering, Centerra Gold, Tamarack Valley Energy, ATS, Kanematsu, AWA Bank, Keller, Wesdome Gold Mines, Ferrotec and Citizen Watch are GWX's largest holdings, in that order.

Less concentrated than 96% of Developed ex-US ETFs.

Half of GWX's weight sits in its 410 largest positions, and once those weights are taken into account it behaves like 1084 equally weighted holdings.

Cite this

ETF Copilot, “State Street SPDR S&P International Small Cap ETF (GWX) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/gwx