SPDR Dow Jones International Real Estate is an open-end investment management company. The SPDR Dow Jones International Real Estate ETF (the “Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index based upon the international real estate market. In seeking this objective, the Fund uses a sampling strategy. As of Sept 30 2015, the Fund's total assets and investment portfolio totaled $4,842,586,420 and $4,822,550,794, respectively. We show 186 historical shares outstanding datapoints in our RWX shares outstanding history coverage, used to compute RWX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RWX market cap history over the course of time is important for investors
interested in comparing RWX's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RWX versus a peer is one thing; comparing
RWX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RWX can fluctuate over the course of history.
With this page we aim to empower investors researching RWX by allowing them to research the RWX market cap history. |
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Video: The Importance of Market Cap
