CWI vs VRP

Comparison between STATE STREET(R) SPDR(R) MSCI ACWI EX-US ETF (CWI, ETF) and INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF).

5-Year PerformanceCWI has outperformed VRP, delivering a return of +9.1% compared to +4.4%

CWI vs VRP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CWI(ETF)	VRP(ETF)
Net Assets	$2.80B	$2.90B
Expense Ratio	0.30%	0.50%
Max Drawdown	62.39%	46.22%
Sharpe Ratio	1.48	0.91
5Y Beta	0.77	0.15
5Y Dividends CAGR	11.50%	8.33%

Net Assets

CWI

$2.80B

Winner

VRP

$2.90B

Expense Ratio

Winner

CWI

0.30%

VRP

0.50%

Max Drawdown

CWI

62.39%

Winner

VRP

46.22%

Sharpe Ratio

Winner

CWI

1.48

VRP

0.91

5Y Beta

CWI

0.77

Winner

VRP

0.15

5Y Dividends CAGR

Winner

CWI

11.50%

VRP

8.33%

CWI vs VRP - Historical Returns

Returns include dividend reinvestment.

Period	CWI	VRP
1 month	+3.75%	+0.66%
3 months	+10.06%	+1.55%
6 months	+17.22%	+2.61%
1 year	+31.85%	+6.60%
5 years(CAGR)	+9.13%	+4.36%
10 years(CAGR)	+10.35%	+5.25%
Max(CAGR)	+5.50%	+5.10%

Winner

CWI

+3.75%

VRP

+0.66%

Winner

CWI

+10.06%

VRP

+1.55%

Winner

CWI

+17.22%

VRP

+2.61%

Winner

CWI

+31.85%

VRP

+6.60%

5Y(CAGR)

Winner

CWI

+9.13%

VRP

+4.36%

10Y(CAGR)

Winner

CWI

+10.35%

VRP

+5.25%

Max(CAGR)

Winner

CWI

+5.50%

VRP

+5.10%

CWI vs VRP - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	CWI	VRP
2026	+12.50%	+2.06%
2025	+32.76%	+7.07%
2024	+7.58%	+11.29%
2023	+15.05%	+10.49%
2022	-15.80%	-9.00%
2021	+8.00%	+4.93%
2020	+8.58%	+4.79%
2019	+22.09%	+18.32%
2018	-14.65%	-6.37%
2017	+25.95%	+8.94%
2016	+6.67%	+6.93%
2015	-4.94%	+2.65%
2014	-1.28%	+1.81%
2013	+12.22%	N/A
2012	+13.69%	N/A
2011	-14.44%	N/A
2010	+8.51%	N/A
2009	+35.42%	N/A
2008	-41.96%	N/A
2007	+15.36%	N/A

CWI vs VRP Drawdown Comparison

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

The maximum drawdown for VRP was -46.04%, occurring on Mar 18, 2020. Recovery took 193 trading sessions.

The current CWI drawdown is -1.05%. The current VRP drawdown is -0.08%.

Rank	CWI	VRP
#1	-60.77% Oct 31, 2007 - Jun 18, 2014	-46.04% Feb 12, 2020 - Nov 16, 2020
#2	-34.64% Jan 26, 2018 - Nov 13, 2020	-13.76% Sep 22, 2021 - Jan 10, 2024
#3	-29.42% Jun 14, 2021 - May 9, 2024	-9.04% Aug 31, 2018 - Mar 1, 2019
#4	-25.24% Jul 3, 2014 - May 5, 2017	-7.54% Apr 24, 2015 - Apr 22, 2016
#5	-13.85% Mar 19, 2025 - May 2, 2025	-5.38% Sep 6, 2016 - Feb 7, 2017
#6	-12.72% Jul 13, 2007 - Oct 1, 2007	-4.26% Feb 28, 2025 - May 16, 2025
#7	-11.47% Feb 25, 2026 - May 6, 2026	-2.89% Feb 24, 2026 - Apr 20, 2026
#8	-9.50% Sep 26, 2024 - Mar 17, 2025	-2.43% Oct 23, 2017 - Aug 31, 2018
#9	-8.03% Jul 12, 2024 - Aug 23, 2024	-1.88% Jul 18, 2024 - Aug 15, 2024
#10	-7.91% Feb 26, 2007 - Apr 3, 2007	-1.72% Mar 22, 2024 - May 2, 2024
#11	-4.96% Nov 12, 2025 - Dec 10, 2025	-1.71% Aug 29, 2014 - Jan 26, 2015
#12	-4.92% Feb 16, 2021 - Apr 15, 2021	-1.67% Feb 9, 2021 - Mar 31, 2021
#13	-4.84% Jun 2, 2026 - Jun 15, 2026	-1.55% Jan 3, 2025 - Feb 5, 2025
#14	-4.58% Jan 21, 2021 - Feb 9, 2021	-1.41% Feb 27, 2017 - Mar 30, 2017
#15	-4.21% Jul 23, 2025 - Aug 13, 2025	-1.41% Aug 3, 2017 - Oct 23, 2017

Correlation

Correlation between CWI and VRP is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2007 - 2026)

CWI vs VRP dividend yield comparison.

Year	CWI	VRP
2026	1.17%	2.00%
2025	2.97%	6.53%
2024	2.89%	5.78%
2023	2.80%	6.61%
2022	3.17%	5.38%
2021	2.65%	4.25%
2020	2.07%	4.17%
2019	3.05%	4.71%
2018	2.81%	5.28%
2017	2.29%	4.69%
2016	2.45%	5.10%
2015	2.62%	5.02%
2014	3.21%	3.04%
2013	2.69%	0.00%
2012	3.15%	0.00%
2011	2.98%	0.00%
2010	2.31%	0.00%
2009	2.20%	0.00%
2008	2.17%	0.00%
2007	2.01%	0.00%