SPDR S&P World ex-US is an open-end investment management company. The SPDR S&P World ex-US 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 developed world (ex-U.S.) equity markets. In seeking this objective, the Fund uses a sampling strategy. As of Sept 30 2015, the Fund's total assets and investment portfolio totaled $764,969,885 and $760,919,731, respectively. We show 56 historical shares outstanding datapoints in our SPDW shares outstanding history coverage, used to compute SPDW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SPDW market cap history over the course of time is important for investors
interested in comparing SPDW'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 SPDW versus a peer is one thing; comparing
SPDW 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 SPDW can fluctuate over the course of history.
With this page we aim to empower investors researching SPDW by allowing them to research the SPDW market cap history. |
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Video: The Importance of Market Cap
