SPDR S&P International Dividend ETF DWX targets a narrow collection of stocks with high yields and deteriorating fundamentals, making this strategy a risky endeavor. It warrants a Morningstar Analyst Rating of Negative.
Will DWX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DWX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the DWX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of DWX’s parent organization’s priorities and whether they’re in line with investors’ interests.