State Street SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG) Review & Analysis
MER · Top 10%AUM · Top 50%1Y Return · Top 25%3Y Return · Top 25%5Y Return · Top 50%
What's new this monthData to 30 September 2026
−1.3% in September (total return), behind the median international shares ETF at +0.0%.
The unit price closed the month at $29.12, 5% below its 12-month high (range $25.98 to $30.60).
About WXHG
WXHG is an international shares ETF from State Street (SPDR), listed on the ASX since July 2013. With $410m under management it is number 71 of 254 international shares ETFs by size. The management fee is 0.10% a year, about $10 on every $10,000 invested, cheaper than the typical international shares ETF at 0.55%.
Its largest holdings are NVIDIA Corp, Microsoft Corp and Alphabet (Google), and the top 10 make up 27% of the fund. By sector it leans towards information technology (34%) and financials (20%). United States is the biggest country exposure at 69%.
Over five years it has returned +7.3% a year including distributions, against +8.8% for the median international shares ETF. With its focus on ethical & esg, it is the kind of fund many investors use as a smaller satellite holding alongside a diversified core.
WXHG distributions and dividend dates
WXHG pays distributions yearly, usually going ex-distribution in June, with payment about 14 days after the ex-date. (Pattern estimated from recent payments.)
The latest distribution was $2.0299 per unit (0% franked), ex-distribution on 29 June 2026 and paid on 13 July 2026. To receive it you need to own WXHG before the ex-date.
Its distribution yield over the past 12 months is about 7.1%. Distributions vary and past payments are not a guide to future ones.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
1 year ago$11,4733 years ago$16,6705 years ago$14,235
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
WXHG at a glance: strengths and things to watch
👍 Strengths
Low cost. At 0.10% a year it is cheaper than 95% of international shares ETFs.
Long track record. Listed since 2013, through several market cycles.
⚠️ Things to watch
Behind its peers. +7.3% a year over 5 years, against +8.8% for the median international shares ETF.
Worked out from WXHG's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.
WXHG's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet.
Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.
At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.
WXHG weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.
WXHG vs its benchmark
How WXHG has done against the S&P Developed ex-Australia LargeMidCap Carbon Aware Index (AUD hedged), after fees. For an index fund, a small shortfall roughly the size of the fee is normal.
Holdings from the issuer's published portfolio as at 30 October 2026. Breakdowns are based on the largest 400 positions, covering 94% of the fund. Hedged version of WXOZ. Compare WXHG's holdings with other ETFs →
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Same holdings is the share of WXHG's money in companies the other ETF also holds, weighted by size. Most similar first, then ETFs in the same category. See every ETF like WXHG →
WXHG vs its closest alternatives
What actually differs between WXHG and the ETFs most like it. Data to 30 Sep 2026.
WXOZ State Street SPDR S&P World ex Australia Carbon Aware ETF
They share 100% of their holdings: largely the same companies.
WXOZ is cheaper (0.07% vs 0.10%), worth about $2,137 on $100,000 over 20 years.
Over 3 years, a year: WXHG +18.6%, WXOZ +16.9% (WXHG ahead by 1.6 percentage points).
WXOZ is about 2 times larger ($858m vs $410m), which usually means tighter trading spreads.
Different structure: WXHG is currency hedged, WXOZ is a standard fund.
WXHG charges a management fee (MER) of 0.10% a year, according to the TMX Australia monthly funds report as at 30 September 2026.
How big is WXHG?
WXHG had $410m in funds under management as at 30 September 2026.
How has WXHG performed?
WXHG returned +14.7% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +18.6% a year. Past performance is not a reliable indicator of future performance.
Who manages WXHG?
WXHG is managed by State Street (SPDR) and has been listed since July 2013.
Is WXHG franked?
Generally no. WXHG invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.
What does WXHG hold?
WXHG's largest holdings are NVIDIA Corp (7.9%), Microsoft Corp (4.6%), Alphabet (Google) (3.8%), Eli Lilly & Co (2.2%), Broadcom Inc (2.0%). The biggest sector is information technology at 32%. Holdings as at 30 October 2026.
Is WXHG currency hedged?
Yes. WXHG is currency hedged, so changes in the Australian dollar have little effect on its returns. You get the return of the underlying investments in their local currency, less a small cost of hedging.
Is there a cheaper alternative to WXHG?
Yes. WXOZ (State Street SPDR S&P World ex Australia Carbon Aware ETF) holds about 100% of the same companies and charges 0.07% a year, against 0.10% for WXHG. Note that WXOZ is not currency hedged, so its returns will differ when the Australian dollar moves. Check the index and size before switching, and remember selling may trigger capital gains tax.
Disclaimer
This review is general information only and does not take into account your objectives, financial situation or needs. Consider the State Street (SPDR) product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.
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