ETF Versus

SPDW vs XLP

State Street SPDR Portfolio Developed World ex-US ETF vs State Street Consumer Staples Select Sector SPDR ETF

Last updated: 2026-04-10

SPDW SPDR

State Street SPDR Portfolio Developed World ex-US ETF (SPDW) is an exchange-traded fund issued by SPDR that provides exposure to equities in developed international markets outside the U.S.. It charges a very low expense ratio of 0.03%. The fund offers an attractive dividend yield of 3.04%. Launched in 2007, the fund has a 19-year track record.

AUM: $38.2B ER: 0.03% Yield: 3.04% Since: Apr 20, 2007
XLP SPDR

State Street Consumer Staples Select Sector SPDR ETF (XLP) is an exchange-traded fund issued by SPDR that provides exposure to us sector - consumer staples securities. It charges a low expense ratio of 0.08%. The fund offers an attractive dividend yield of 2.63%. Launched in 1998, the fund has a 28-year track record.

AUM: $14.5B ER: 0.08% Yield: 2.63% Since: Dec 16, 1998

Quick Verdict

SPDW has a slightly lower expense ratio (0.03% vs 0.08%), saving about $99 per $10,000 over 10 years. Over the past year, SPDW has significantly outperformed with a 39.9% return vs 4.3%.

Key Metrics

Metric SPDW XLP
Expense Ratio 0.03% 0.08%
Dividend Yield 3.0% 2.6%
Fund Family SPDR SPDR
Category International Developed US Sector - Consumer Staples

Performance Chart

Indexed to 100 at start (5-year comparison)

70 84 98 112 126 140 2021-04 2022-07 2023-10 2025-01 2026-04
SPDW +33.0%
XLP +19.4%

Performance Comparison

Period SPDW XLP Difference
1 Month +2.75% -2.20% +4.95%
3 Months +4.27% +3.17% +1.10%
6 Months +12.72% +6.28% +6.44%
YTD +7.12% +6.48% +0.64%
1 Year +39.87% +4.25% +35.62%
3 Years +48.69% +9.45% +39.24%
5 Years +32.96% +19.39% +13.57%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPDW Fees XLP Fees You Save
$10,000 10 years $60 $159 $99
$10,000 20 years $258 $686 $427
$10,000 30 years $835 $2,212 $1,377
$50,000 10 years $299 $797 $497
$50,000 30 years $4,176 $11,061 $6,886
$100,000 30 years $8,352 $22,123 $13,771

Risk Metrics

Based on 5 years of daily returns

Metric SPDW XLP
Annualized Volatility 16.4% 13.2%
Max Drawdown -33.0% -17.8%
Sharpe Ratio 0.16 -0.01

Dividend Comparison

Metric SPDW XLP
Annual Dividend (per share) $1.47 $2.18
Dividend Yield 3.05% 2.63%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

0 of top 10 holdings overlap (0% overlap in top holdings)

SPDW Top Holdings

NameWeight
Samsung Electronics Co., Ltd.!lon/SMSN2.13%
ASML Holding N.V.!ams/ASML1.71%
SK hynix Inc.!krx/0006601.19%
AstraZeneca PLC!lon/AZN0.99%
HSBC Holdings plc!lon/HSBA0.97%
Novartis AG!swx/NOVN0.93%
Roche Holding AG!swx/ROP0.87%
Shell plc!lon/SHEL0.83%
Nestlé S.A.!swx/NESN0.81%
Toyota Motor Corporation!tyo/72030.81%

XLP Top Holdings

NameWeight
Walmart Inc.WMT12.01%
Costco Wholesale CorporationCOST9.72%
The Procter & Gamble CompanyPG7.23%
The Coca-Cola CompanyKO6.42%
Philip Morris International Inc.PM5.32%
Mondelez International, Inc.MDLZ4.79%
Altria Group, Inc.MO4.57%
PepsiCo, Inc.PEP4.57%
Colgate-Palmolive CompanyCL4.31%
Target CorporationTGT3.70%

Which One Should You Choose?

Choose SPDW if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose SPDW if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose SPDW if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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