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HAWXvsCWIETF Comparison

ETF 1
HAWX

iShares Currency Hedged MSCI ACWI ex U.S. ETF

This fund is part of
Global Blended Cap
+0.7%
VS
ETF 2
CWI

State Street SPDR MSCI ACWI ex-US ETF

This fund is part of
Global Blended Cap
+0.7%

iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) and State Street SPDR MSCI ACWI ex-US ETF (CWI) belong to the same industry segment: Global Blended Cap. HAWX's top 3 sector exposures are Financials, Information Technology and Industrials. In contrast, CWI's top sector exposures are Financials, Industrials and Information Technology. HAWX is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.3% for CWI. HAWX is up 15.88% year-to-date (YTD) with +$2M in YTD flows. CWI performs worse with 13.25% YTD performance, and +$105M in YTD flows. Run a side-by-side ETF comparison of HAWX and CWI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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HAWX vs CWI performance and flow charts

Performance

-1.00.01.02.03.04.05.0%May 12May 19May 27Jun 3Jun 10

Cumulative Flows

-3,500,000-3,000,000-2,500,000-2,000,000-1,500,000-1,000,000-500,0000May 12May 19May 27Jun 3Jun 10

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

Historic performance and flows
Data as of 06/12/2026
1M3MYTD1Y3Y5Y
Perf.
HAWX
CWI
+3.64%+2.33%
+11.72%+10.17%
+15.88%+13.25%
+33.85%+28.70%
+77.27%+69.37%
+81.06%+51.70%
Flows
HAWX
CWI
-$3M-
-$2M+$98M
+$2M+$105M
+$10M+$363M
+$48M+$342M
+$119M+$379M
Volatility and drawdown
3M1Y3Y5Y
Volatility
HAWX
CWI
+19.98%+18.41%
+13.88%+13.59%
+13.27%+13.21%
+13.68%+14.10%
Max drawdown
HAWX
CWI
-4.62%-4.40%
-9.30%-10.82%
-13.76%-13.36%
-17.33%-29.10%
Max drawdown duration
HAWX
CWI
21d21d
50d65d
51d43d
573d1056d
Trading data

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HAWX
CWI
Last sale
6/12/2026 at 1:30 PM
$45.63
$40.45
Previous close
06/11/2026
$45.45
$40.30
Consolidated volume
06/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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HAWX
CWI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/12/2026 at 1:30 PM
Live
Closed
HAWX
CWI
Last price
$45.63
$40.45
1D performance
+0.40%
+0.37%
AuM$346.00 M$2.74 B
E/R0.7%0.3%
Characteristics
HAWX
CWI
Management strategyPassivePassive
ProvideriSharesState Street Investment Management
BenchmarkMSCI ACWI ex USA IndexMSCI ACWI ex USA Index
N° of holdings15681011
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateJune 29, 2015January 10, 2007
ESGNoNo
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Exposure

Countries

HAWX
Japan
13.64%
United Kingdom
8.66%
Canada
8.41%
Taiwan
7.86%
Other
61.43%
CWI
Japan
14.13%
USA
9.4%
Canada
9.09%
United Kingdom
9.03%
Other
58.35%

Sectors

HAWX
Financials
23.07%
Information Techn.
18.02%
Industrials
13.67%
Consumer Discreti.
8%
Other
37.25%
CWI
Financials
22.26%
Industrials
13.57%
Information Techn.
10.43%
Consumer Discreti.
7.99%
Other
45.75%
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Diversification

HAWX

Total weight of top 15 holdings out of 15

17.73%
CWI

Total weight of top 15 holdings out of 15

18.51%

Top 15 holdings

Data as of April 30, 2026
HAWX
TWN SEMICONT MAN
4.57%
SAMSUNG ELECTR
1.94%
ASML HOLDING
1.54%
SK HYNIX
1.30%
TENCENT HOLDINGS
1.06%
HSBC HOLDINGS
0.87%
ASTRAZENECA
0.81%
CH1499059983
0.79%
ALIBABA GROUP HOLDING LTD
0.77%
NOVARTIS
0.77%
NESTLE SA
0.72%
SHELL PLC
0.71%
ROYAL BK CANADA
0.69%
SIEMENS
0.62%
MITSUBISHI UFJ FINANCIAL GROUP
0.57%
CWI
US8740391003
4.55%
US7960508882
2.09%
ASML HOLDING
1.61%
SK HYNIX
1.35%
TENCENT HOLDINGS
1.00%
HSBC HOLDINGS
0.97%
ROYAL BK CANADA
0.85%
CH1499059983
0.84%
SHELL PLC
0.84%
NOVARTIS
0.81%
ASTRAZENECA
0.80%
NESTLE SA
0.76%
ALIBABA GROUP HOLDING LTD
0.73%
SIEMENS
0.66%
COMMONWEALTH BANK OF AUSTRALIA
0.64%
Frequently asked questions about HAWX and CWI

How have the HAWX and CWI ETFs performed in 2026?

As of June 12, 2026, HAWX is up 15.88% year-to-date (YTD), while CWI has returned 13.25%. That puts HAWX better performer ahead so far this year.

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

Year-to-date, the HAWX ETF saw +$2M in flows, compared to +$105M for CWI.

Which ETF is more volatile: HAWX or CWI?

Over the past year, HAWX had a volatility of 13.88%, while CWI experienced 13.59%.

Which ETF is bigger: HAWX or CWI?

As of June 12, 2026, HAWX holds $346.00 M in assets under management (AUM), while CWI manages $2.74 B.

What sectors do the HAWX and CWI ETFs invest in?

HAWX leans toward sectors like Financials, Information Technology and Industrials. Meanwhile, CWI focuses on Financials, Industrials and Information Technology.

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

HAWX top holdings include TWN SEMICONT MAN, SAMSUNG ELECTR and ASML HOLDING. CWI holds in its top three: US8740391003, US7960508882 and ASML HOLDING.

Which ETF is more diversified: HAWX or CWI?

HAWX holds 1710 securities with 17.73% of its assets in the top 15. CWI has 1107 securities and a top 15 weight of 18.51%.

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