SPDW: The Alternative When Seeking Ex-U.S. Returns

2026-02-18 13:38:23 ET

But in such an expensive global market, where relative equity valuations remain in the upper part of the twenty-year distribution , can a market with positive expected returns really exist? It is a doubt that continues to widen every day in investors’ minds. And to answer it, lately I have been trying to analyze ex-US markets, and when you go down this path, it is impossible not to come across State Street SPDR Portfolio Developed World ex-US ETF (SPDW)....

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