SPWO

📎 Investment Objective

The SP Funds S&P World (ex-US) ETF seeks to track the performance of the S&P Developed Ex-U.S. BMI Index, which provides exposure to large and mid-cap stocks from developed markets outside the United States.

✨ Key Features

• Provides broad exposure to developed international equity markets, excluding the United States
• Tracks the S&P Developed Ex-U.S. BMI Index, a market-cap weighted index of large and mid-cap stocks
• Low expense ratio of 0.00%
• Suitable for investors seeking diversification outside of the U.S. equity market

⚠️ Primary Risks

• International investing risks, including currency fluctuations, political and economic uncertainty, and differences in accounting and financial reporting standards
• Concentration risk, as the fund is focused on developed international markets
• Market risk, as the value of the fund's holdings may decline due to general market conditions
• Tracking error risk, as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

The SP Funds S&P World (ex-US) ETF may be suitable for long-term investors seeking exposure to developed international equity markets as part of a diversified portfolio. It may be particularly appropriate for investors looking to complement their U.S. equity holdings or to gain broader global market exposure.