CWI vs SPXX

Comparison between STATE STREET(R) SPDR(R) MSCI ACWI EX-US ETF (CWI, ETF) and Nuveen S&P 500 Dynamic Overwrite Fund (SPXX, ETF).

5-Year PerformanceCWI has outperformed SPXX, delivering a return of +9.8% compared to +8.9%

CWI vs SPXX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CWI(ETF)	SPXX(ETF)
Net Assets	$2.80B	$2.80B
Expense Ratio	0.30%	N/A
Max Drawdown	62.39%	59.96%
Sharpe Ratio	1.38	0.92
5Y Beta	0.78	0.80
5Y Dividends CAGR	11.50%	7.91%

Net Assets

CWI

$2.80B

SPXX

$2.80B

Expense Ratio

CWI

0.30%

SPXX

N/A

Max Drawdown

CWI

62.39%

Winner

SPXX

59.96%

Sharpe Ratio

Winner

CWI

1.38

SPXX

0.92

5Y Beta

Winner

CWI

0.78

SPXX

0.80

5Y Dividends CAGR

Winner

CWI

11.50%

SPXX

7.91%

CWI vs SPXX - Historical Returns

Returns include dividend reinvestment.

Period	CWI	SPXX
1 month	+2.79%	+3.35%
3 months	+4.64%	+10.71%
6 months	+8.48%	+11.62%
1 year	+28.67%	+15.48%
5 years(CAGR)	+9.82%	+8.88%
10 years(CAGR)	+9.83%	+10.51%
Max(CAGR)	+5.55%	+7.77%

CWI

+2.79%

Winner

SPXX

+3.35%

CWI

+4.64%

Winner

SPXX

+10.71%

CWI

+8.48%

Winner

SPXX

+11.62%

Winner

CWI

+28.67%

SPXX

+15.48%

5Y(CAGR)

Winner

CWI

+9.82%

SPXX

+8.88%

10Y(CAGR)

CWI

+9.83%

Winner

SPXX

+10.51%

Max(CAGR)

CWI

+5.55%

Winner

SPXX

+7.77%

CWI vs SPXX - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	CWI	SPXX
2026	+14.36%	+10.94%
2025	+32.76%	+11.56%
2024	+7.58%	+28.64%
2023	+15.05%	+1.77%
2022	-15.80%	-7.14%
2021	+8.00%	+31.06%
2020	+8.58%	+0.75%
2019	+22.09%	+23.48%
2018	-14.65%	-14.40%
2017	+25.95%	+28.09%
2016	+6.67%	+14.57%
2015	-4.94%	+2.35%
2014	-1.28%	+9.85%
2013	+12.22%	+15.93%
2012	+13.69%	+15.76%
2011	-14.44%	-5.57%
2010	+8.51%	+13.97%
2009	+35.42%	+28.61%
2008	-41.96%	-29.58%
2007	+15.36%	-4.08%
2006	N/A	+22.10%
2005	N/A	-13.75%

CWI vs SPXX Drawdown Comparison

The maximum drawdown for CWI was -60.77%, occurring on Mar 9, 2009. Recovery took 1668 trading sessions.

The maximum drawdown for SPXX was -52.38%, occurring on Mar 9, 2009. Recovery took 924 trading sessions.

The current CWI drawdown is -0.15%.

Rank	CWI	SPXX
#1	-60.77% Oct 31, 2007 - Jun 18, 2014	-52.38% Apr 12, 2007 - Dec 9, 2010
#2	-34.64% Jan 26, 2018 - Nov 13, 2020	-43.80% Jun 7, 2018 - Mar 1, 2021
#3	-29.42% Jun 14, 2021 - May 9, 2024	-18.59% Dec 14, 2010 - Feb 13, 2012
#4	-25.24% Jul 3, 2014 - May 5, 2017	-18.06% Jan 12, 2022 - Dec 1, 2022
#5	-13.85% Mar 19, 2025 - May 2, 2025	-17.95% Dec 1, 2022 - Jun 6, 2024
#6	-12.72% Jul 13, 2007 - Oct 1, 2007	-17.67% Feb 19, 2025 - Jun 30, 2025
#7	-11.47% Feb 25, 2026 - May 6, 2026	-14.69% Nov 30, 2005 - Aug 31, 2006
#8	-9.50% Sep 26, 2024 - Mar 17, 2025	-14.67% Nov 24, 2015 - Apr 12, 2016
#9	-8.03% Jul 12, 2024 - Aug 23, 2024	-11.85% Jan 12, 2026 - May 13, 2026
#10	-7.91% Feb 26, 2007 - Apr 3, 2007	-11.20% Oct 1, 2012 - Jan 11, 2013
#11	-5.32% Jun 22, 2026 - Jul 29, 2026	-9.73% Jun 15, 2021 - Dec 30, 2021
#12	-4.96% Nov 12, 2025 - Dec 10, 2025	-9.68% Jul 16, 2015 - Nov 3, 2015
#13	-4.92% Feb 16, 2021 - Apr 15, 2021	-7.94% Jan 26, 2018 - May 4, 2018
#14	-4.84% Jun 2, 2026 - Jun 15, 2026	-7.77% Apr 2, 2012 - Jul 27, 2012
#15	-4.58% Jan 21, 2021 - Feb 9, 2021	-7.69% Jul 16, 2024 - Aug 26, 2024

Correlation

Correlation between CWI and SPXX is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2006 - 2026)

CWI vs SPXX dividend yield comparison.

Year	CWI	SPXX
2026	1.15%	3.96%
2025	2.97%	7.48%
2024	2.89%	6.87%
2023	2.80%	7.82%
2022	3.17%	7.30%
2021	2.65%	5.27%
2020	2.07%	6.56%
2019	3.05%	6.44%
2018	2.81%	7.98%
2017	2.29%	5.69%
2016	2.45%	5.14%
2015	2.62%	7.75%
2014	3.21%	7.30%
2013	2.69%	7.93%
2012	3.15%	8.66%
2011	2.98%	9.28%
2010	2.31%	8.09%
2009	2.20%	8.56%
2008	2.17%	13.80%
2007	2.01%	9.46%
2006	0.00%	8.36%