State Street SPDR Dow Jones Global Real Estate ETF (RWO) is a real estate and infrastructure ETF. As of October 9, 2026, ETF Copilot scores RWO 2.1 out of 10 — highest on Risk (4.5), lowest on Growth (0.5). It trades at 22.7 times earnings, against its own median of 19.1. Its ten largest holdings are 46% of the fund.
What stands out in RWO's data
Global real estate companies, tracked through a broad index.
Earns less on its equity than most real estate funds — its income comes from rents, not profit growth.
Return on equity of 2.1% trails the 2.4% category median. Its ROIC of 4.6% and P/E multiple of 22.7x also sit on the pricier side.
A broad global real estate allocation, built for income from property rents.
How is RWO rated? ETF Copilot scores State Street SPDR Dow Jones Global Real Estate ETF (RWO) 2.1 out of 10
As of October 9, 2026, ETF Copilot scores State Street SPDR Dow Jones Global Real Estate ETF (RWO) 2.1 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 2.1 / 10
- Growth: 0.5 / 10
- Value: 2.8 / 10
- Risk: 4.5 / 10
- Quality: 3.2 / 10
- Return: 1.1 / 10
Is RWO expensive right now? It trades at 22.7 times earnings, against its own median of 19.1
As of October 9, 2026, RWO is more expensive than 63% of its own last 9 years.
Trailing 12 months, built from RWO's holdings. How we calculate this →
What's inside RWO?
What's inside RWO: Size (Large 41%, Mid 41%, Small 18%); Geography (International 26%, US 74%).
What are RWO's top holdings? The ten largest are 46% of the fund
Welltower, Prologis, Equinix, Simon Property, Digital Realty Trust, Realty Income, Public Storage, Equity Residential, Ventas and Extra Space Storage are RWO's largest holdings, in that order.
Less concentrated than 64% of Real Estate & Infra ETFs.
Half of RWO's weight sits in its 14 largest positions, and once those weights are taken into account it behaves like 33 equally weighted holdings.
What is RWO's expense ratio? 0.50% a year
As of October 9, 2026, RWO charges 0.50% a year, yields 3.54% and holds $1.2B in assets across 223 positions.
| Measure | RWO |
|---|---|
| Expense ratio | 0.50% |
| Dividend yield | 3.54% |
| Assets under management | $1.2B |
| Holdings | 223 |
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.
Cite this
ETF Copilot, “State Street SPDR Dow Jones Global Real Estate ETF (RWO) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/rwo
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