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SFTXvsCWIETF Comparison

ETF 1
SFTX

Horizon International Managed Risk ETF

This fund is part of
Multi-Asset: Other
+0.01%
VS
ETF 2
CWI

State Street SPDR MSCI ACWI ex-US ETF

This fund is part of
Global Blended Cap
-0.15%

Horizon International Managed Risk ETF (SFTX) belongs to the Multi-Asset: Other segment. State Street SPDR MSCI ACWI ex-US ETF (CWI) is part of the Global Blended Cap segment. SFTX's top 3 sector exposures are Information Technology, Financials and Industrials. In contrast, CWI's top sector exposures are Financials, Industrials and Information Technology. SFTX is more expensive with a Total Expense Ratio (TER) of 0.82%, versus 0.3% for CWI. SFTX is up 12.7% year-to-date (YTD) with -$3M in YTD flows. CWI performs worse with 8.49% YTD performance, and +$105M in YTD flows. Run a side-by-side ETF comparison of SFTX 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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SFTX vs CWI performance and flow charts

Performance

0246810%Mar 27Apr 6Apr 13Apr 20Apr 27

Cumulative Flows

0 M20 M40 M60 M80 M100 MMar 27Apr 6Apr 13Apr 20Apr 27

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Historic performance and flows
Data as of 04/27/2026
1M3MYTD1Y3Y5Y
Perf.
SFTX
CWI
+9.28%+8.91%
+2.58%+1.95%
+12.70%+8.49%
n/a+33.47%
n/a+63.73%
n/a+50.70%
Flows
SFTX
CWI
-+$98M
-$3M+$75M
-$3M+$105M
-+$363M
-+$342M
-+$404M
Volatility and drawdown
3M1Y3Y5Y
Volatility
SFTX
CWI
+20.53%+19.55%
n/a+12.78%
n/a+13.01%
n/a+13.99%
Max drawdown
SFTX
CWI
-11.28%-10.82%
n/a-10.82%
n/a-13.36%
n/a-29.10%
Max drawdown duration
SFTX
CWI
61d57d
n/a57d
n/a43d
n/a1056d
Trading data

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SFTX
CWI
Last sale
4/28/2026 at 1:46 PM
$28.84
$38.59
Previous close
04/27/2026
$28.80
$38.97
Consolidated volume
04/27/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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SFTX
is actively managed and doesn’t replicate an index

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SFTX
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 4/28/2026 at 1:46 PM
Live
Closed
SFTX
CWI
Last price
$28.84
$38.59
1D performance
+0.14%
-0.98%
AuM$411.16 M$2.66 B
E/R0.82%0.3%
Characteristics
SFTX
CWI
Management strategyActivePassive
ProviderHorizon InvestmentsState Street Investment Management
Benchmark-MSCI ACWI ex USA Index
N° of holdings398994
Asset class-Equities
Trailing 12m distribution yield
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Inception dateDecember 3, 2025January 10, 2007
ESGNoNo
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Exposure

Countries

SFTX
Japan
10.94%
Republic of Korea
10.02%
United Kingdom
8.31%
Canada
7.65%
Other
63.08%
CWI
Japan
14.15%
Canada
9.23%
United Kingdom
9.19%
USA
8.68%
Other
58.74%

Sectors

SFTX
Information Techn.
20.92%
Financials
12.2%
Industrials
8.92%
Energy
7.05%
Other
50.91%
CWI
Financials
22.35%
Industrials
13.32%
Information Techn.
8.74%
Consumer Discreti.
8.14%
Other
47.46%

Diversification

SFTX

Total weight of top 15 holdings out of 15

25.11%
CWI

Total weight of top 15 holdings out of 15

17.34%

Top 15 holdings

Data as of March 31, 2026
SFTX
TWN SEMICONT MAN
3.60%
SAMSUNG ELECTR
3.57%
SK HYNIX
3.13%
ASML HOLDING
2.85%
NOVARTIS
1.88%
SHELL PLC
1.27%
ASTRAZENECA
1.23%
TORONTO DOMINION
1.21%
ALIBABA GROUP HOLDING LTD
1.18%
TOTALENERGIES SE
1.14%
AGNICO EAGLE MINES LTD
0.86%
GSK PLC
0.85%
RIO TINTO
0.83%
AIA
0.76%
TOKYO ELECTRON
0.75%
CWI
US8740391003
4.13%
US7960508882
1.73%
ASML HOLDING
1.57%
TENCENT HOLDINGS
1.13%
SHELL PLC
0.95%
HSBC HOLDINGS
0.93%
NOVARTIS
0.89%
ASTRAZENECA
0.89%
SK HYNIX
0.86%
ROYAL BK CANADA
0.83%
NESTLE SA
0.80%
ALIBABA GROUP HOLDING LTD
0.75%
COMMONWEALTH BANK OF AUSTRALIA
0.64%
TOTALENERGIES SE
0.62%
TOYOTA
0.60%
Frequently asked questions about SFTX and CWI

How have the SFTX and CWI ETFs performed in 2026?

As of April 27, 2026, SFTX is up 12.7% year-to-date (YTD), while CWI has returned 8.49%. That puts SFTX better performer ahead so far this year.

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

Year-to-date, the SFTX ETF saw -$3M in flows, compared to +$105M for CWI.

Which ETF is bigger: SFTX or CWI?

As of April 27, 2026, SFTX holds $411.16 M in assets under management (AUM), while CWI manages $2.66 B.

What sectors do the SFTX and CWI ETFs invest in?

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

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

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

Which ETF is more diversified: SFTX or CWI?

SFTX holds 435 securities with 25.11% of its assets in the top 15. CWI has 1086 securities and a top 15 weight of 17.34%.

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