SPDR Dow Jones Global Real Estate ETF RWO shows some home bias but otherwise provides an accurate snapshot of the global real estate market. Its low-cost, market-cap-weighted portfolio should outstrip its category peers over the long-term, warranting a Morningstar Analyst Rating of Bronze.
Will RWO outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RWO’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RWO management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RWO’s parent organization’s priorities and whether they’re in line with investors’ interests.