Open Now: The Global ETF Survey Take the Survey →

Advertisement
Advertisement

CWIvsTIERETF Comparison

ETF 1
CWI

State Street SPDR MSCI ACWI ex-US ETF

This fund is part of
Global Blended Cap
-0.87%
VS
ETF 2
TIER

T. Rowe Price International Equity Research ETF

This fund is part of
Global Blended Cap
-0.87%

State Street SPDR MSCI ACWI ex-US ETF (CWI) and T. Rowe Price International Equity Research ETF (TIER) belong to the same industry segment: Global Blended Cap. CWI's top 3 sector exposures are Technology, Finance and Industrials. In contrast, TIER's top sector exposures are Finance, Technology and Industrials. CWI is less expensive with a Total Expense Ratio (TER) of 0.3%, versus 0.38% for TIER. CWI is up 10.02% year-to-date (YTD) with +$145M in YTD flows. TIER performs better with 10.73% YTD performance, and +$9M in YTD flows. Run a side-by-side ETF comparison of CWI and TIER below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

CWI vs TIER performance and flow charts

Performance

-3.0-2.0-1.00.01.0%Jun 29Jul 6Jul 13Jul 20Jul 27

Cumulative Flows

0 M5 M10 M15 MJun 29Jul 6Jul 13Jul 20Jul 27

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 07/29/2026
1M3MYTD1Y3Y5Y
Perf.
CWI
TIER
-2.56%-2.48%
+2.30%+3.28%
+10.02%+10.73%
+22.81%+23.23%
+57.45%n/a
+51.40%n/a
Flows
CWI
TIER
+$16M+$5M
+$40M+$6M
+$145M+$9M
+$390M+$19M
+$335M-
+$377M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
CWI
TIER
+15.62%+19.95%
+14.12%+16.73%
+13.36%n/a
+14.19%n/a
Max drawdown
CWI
TIER
-5.02%-5.07%
-10.82%-12.14%
-13.36%n/a
-28.77%n/a
Max drawdown duration
CWI
TIER
37d15d
65d69d
43dn/a
925dn/a
Trading data

Create an account to view trading data

Join for free
CWI
TIER
Last sale
7/30/2026 at 7:07 PM
$40.40
$31.99
Previous close
07/29/2026
$39.13
$31.25
Consolidated volume
07/29/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of June 30, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

TIER
is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free
CWI
TIER
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 7/30/2026 at 7:07 PM
Live
Closed
CWI
TIER
Last price
$40.40
$31.99
1D performance
+3.25%
+2.35%
AuM$2.70 B$34.31 M
E/R0.3%0.38%
Characteristics
CWI
TIER
Management strategyPassiveActive
ProviderState Street Investment ManagementT. Rowe Price
BenchmarkMSCI ACWI ex USA Index-
N° of holdings1102379
Asset classEquities-
Trailing 12m distribution yield
Join
Join
Inception dateJanuary 10, 2007June 25, 2025
ESGNoNo
Advertisement
Exposure

Countries

CWI
Japan
13.84%
Taiwan
9.06%
Canada
8.35%
United Kingdom
8.21%
Republic of Korea
7.69%
Other
52.86%
TIER
Japan
15.32%
Taiwan
9.85%
United Kingdom
8.7%
Canada
7.98%
Republic of Korea
7.43%
Other
50.73%

Sectors

CWI
Technology
24.83%
Finance
24.74%
Industrials
11.34%
Other
39.09%
TIER
Finance
26.5%
Technology
25.88%
Industrials
11.75%
Non-Energy Materi.
7.16%
Other
28.71%
Advertisement

Diversification

CWI

Total weight of top 15 holdings out of 15

21.32%
TIER

Total weight of top 15 holdings out of 15

23.19%

Top 15 holdings

Data as of June 30, 2026
CWI
Taiwan Semiconductor Manufacturing Co., Ltd.
5.38%
Samsung Electronics Co., Ltd.
2.90%
SK hynix, Inc.
2.55%
ASML Holding NV
2.11%
HSBC Holdings Plc
0.95%
Royal Bank of Canada
0.90%
Tencent Holdings Ltd.
0.89%
Roche Holding AG
0.82%
Novartis AG
0.78%
AstraZeneca PLC
0.76%
Nestlé SA
0.72%
Siemens AG
0.69%
The Toronto-Dominion Bank
0.66%
Tokyo Electron Ltd.
0.61%
Mitsubishi UFJ Financial Group, Inc.
0.61%
TIER
Taiwan Semiconductor Manufacturing Co., Ltd.
3.61%
Samsung Electronics Co., Ltd.
3.10%
SK hynix, Inc.
2.60%
Taiwan Semiconductor Manufacturing Co., Ltd.
2.36%
ASML Holding NV
2.08%
Royal Bank of Canada
1.32%
Tencent Holdings Ltd.
1.12%
BHP Group Ltd.
1.00%
HSBC Holdings Plc
0.98%
MediaTek, Inc.
0.89%
AstraZeneca PLC
0.89%
Nestlé SA
0.88%
Siemens AG
0.86%
Roche Holding AG
0.75%
Novartis AG
0.74%
Frequently asked questions about CWI and TIER

How have the CWI and TIER ETFs performed in 2026?

As of July 29, 2026, CWI is up 10.02% year-to-date (YTD), while TIER has returned 10.73%. That puts TIER better performer ahead so far this year.

Which ETF is attracting more investor money: CWI or TIER?

Year-to-date, the CWI ETF saw +$145M in flows, compared to +$9M for TIER.

Which ETF is more volatile: CWI or TIER?

Over the past year, CWI had a volatility of 14.12%, while TIER experienced 16.73%.

Which ETF is bigger: CWI or TIER?

As of July 29, 2026, CWI holds $2.70 B in assets under management (AUM), while TIER manages $34.31 M.

What sectors do the CWI and TIER ETFs invest in?

CWI leans toward sectors like Technology, Finance and Industrials. Meanwhile, TIER focuses on Finance, Technology and Industrials.

What are the top holdings of the CWI ETF and TIER ETF?

CWI top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc.. TIER holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..

Which ETF is more diversified: CWI or TIER?

CWI holds 1107 securities with 21.32% of its assets in the top 15. TIER has 380 securities and a top 15 weight of 23.19%.

Advertisement
Advertisement
Advertisement
The Active Trader Report

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up