SPDR MSCI World Value

Undervalued global companies

(VALW)
£24.69
Previous business day’s close price
+£8.42 (+51.78%)
max available period
£16.27
£25.16

01 Dec 20
10 Dec 24

Details

ETF description

This ETF invests in global companies that are considered to be undervalued based on certain financial metrics, such as price‑to‑earnings or price‑to‑book ratios. The fund follows a value investing approach, targeting companies whose stock prices are lower compared to their fundamental worth, with the expectation that their value may be recognized over time. The fund offers exposure to a broad range of industries and sectors across different regions, providing diversification within the global stock market.

This ETF may appeal to investors who believe in the long‑term potential of value stocks, who are seeking exposure to companies that are seen as financially strong but temporarily underpriced by the market.

Issuer details

SPDR ETFs (Standard & Poor’s Depositary Receipts), managed by State Street Global Advisors, are among the largest and most recognized ETFs in the world, with over $1 trillion in assets under management as of June 2024. SPDR offers a broad range of ETFs covering various market segments, including equities, fixed income, sector‑specific funds, commodities, and ESG (Environmental, Social, Governance) investments. Launched in 1993 with the SPDR S&P 500 ETF (SPY), the first ever ETF, SPDR ETFs are known for their strong emphasis on liquidity, transparency, and robust research and analysis. Notable ETFs in their lineup include the SPDR S&P 500 ETF (SPY), SPDR Gold Shares (GLD), and SPDR Bloomberg Barclays High Yield Bond ETF (JNK), reflecting SPDR’s commitment to providing diverse and high‑quality investment options to meet the needs of various investors.

Index details

The MSCI World Value index provides investors with targeted exposure to large and mid‑cap companies across developed markets that exhibit value characteristics. By focusing on companies perceived as undervalued based on fundamental metrics, the index aims to capture the benefits of value investing on a global scale.

ETF Breakdown

Cisco Systems, Inc.
4.0%
Qualcomm, Inc.
2.8%
Applied Materials Inc.
2.1%
Toyota Motor Corporation
2.0%
AT&T, Inc.
2.0%
Verizon Communications Inc
1.9%
Comcast Corp
1.6%
Citigroup Inc
1.6%
Intel Corp.
1.6%
HSBC Holdings plc
1.6%
British American Tobacco Plc
1.5%
Johnson & Johnson
1.4%
Shell Plc
1.4%
Lam Research Corp
1.2%
General Motors Company
1.2%
Novartis AG
1.0%
Merck & Co Inc
1.0%
BNP Paribas
0.9%
Mitsui & Co. Ltd
0.9%
Itochu Techno‑Solutions Corp.
0.9%
Hewlett Packard Enterprise Co
0.9%
Pfizer Inc.
0.9%
TotalEnergies SE
0.8%
Mitsubishi Corporation
0.8%
BHP Group Plc
0.8%
Barclays
0.8%
Mercedes‑Benz Group AG
0.8%
Sanofi
0.7%
Micron Technology Inc.
0.7%
Fiat Chrysler Automobiles NV
0.7%
Canon Inc.
0.7%
Compagnie de Saint‑Gobain S.A.
0.7%
CVS Health Corp
0.7%
Banco Bilbao Vizcaya Argentaria.
0.7%
Cognizant Technology Solutions Corp.
0.7%
Te Connectivity Plc
0.7%
Honda Motor
0.6%
Manulife Financial Corp.
0.6%
Capital One Financial Corp.
0.6%
Unicredit Spa
0.6%
Deutsche Bank AG
0.6%
HP Inc
0.6%
Infineon Technologies AG
0.6%
Cigna Group (The)
0.6%
GSK Plc
0.6%
Imperial Brands Plc
0.6%
Nokia
0.6%
D.R. Horton Inc.
0.5%
3i Group plc
0.5%
Rio Tinto plc
0.5%
Truist Financial Corporation
0.5%
BP plc
0.5%
Fujifilm Holdings Corp.
0.5%
Lennar Corp.
0.5%
TDK
0.5%
Public Storage
0.5%
Renesas Electronics Corporation
0.5%
KDDI Corp.
0.5%
Volkswagen AG
0.5%
Standard Chartered plc
0.4%
Fujitsu Limited
0.4%
Mitsubishi Electric Corporation
0.4%
Lloyds Banking Group plc
0.4%
ST Microelectronics
0.4%
Murata Manufacturing Co. Ltd.
0.4%
Deutsche Post AG
0.4%
Sumitomo Corporation
0.4%
Vodafone Group plc
0.4%
Koninklijke Ahold Delhaize N.V.
0.4%
Kraft Heinz Co
0.4%
Kroger Co.
0.4%
RWE AG
0.4%
Panasonic Holdings Corporation
0.4%
CK Hutchinson
0.4%
Nippon Yusen KK
0.4%
NEC
0.4%
Komatsu Ltd
0.4%
Telefonaktiebolaget L M Ericsson
0.4%
PulteGroup Inc
0.3%
Elevance Health Inc
0.3%
Simon Property Group, Inc.
0.3%
Netapp Inc
0.3%
Archer Daniels Midland Co.
0.3%
Japan Tobacco Inc.
0.3%
NatWest Group
0.3%
Capgemini
0.3%
Kyocera
0.3%
Nippon Telegraph and Telephone
0.3%
Tesco plc
0.3%
M&T Bank Corp
0.3%
Marubeni Corporation
0.3%
ON Semiconductor Corp.
0.3%
Oversea‑Chinese Banking Corporation Limited
0.3%
AerCap Holdings NV
0.3%
Centene Corp.
0.3%
Compagnie Generale des Etablissements Michelin SCA
0.3%
Mitsui O S K Lines Ltd.
0.3%
CGI Inc
0.3%
Societe Generale S.A.
0.3%
Holcim Ltd
0.3%
Check Point Software Technolgies
0.3%
Tokyo Gas Co. Ltd.
0.3%
Orix
0.3%
Skyworks Solutions, Inc.
0.3%
F5 Networks Inc
0.3%
SSE Plc.
0.2%
Owens Corning
0.2%
NN Group NV
0.2%
NortonLifeLock Inc
0.2%
Citizens Financial Group Inc
0.2%
Synchrony Financial
0.2%
Bank Leumi Le‑ Israel B.M.
0.2%
Builders Firstsource Inc
0.2%
Kansai Electric Power Company Incorporated
0.2%
Orange.
0.2%
BT Group
0.2%
Toyota Industries Corp.
0.2%
Japan Post Holdings Co Ltd
0.2%
Caixabank
0.2%
Toyota Tsusho Corporation
0.2%
First Solar Inc
0.2%
Subaru Corporation
0.2%
Chubu Electric Power Co Inc
0.2%
Regions Financial Corp.
0.2%
Huntington Bancshares, Inc.
0.2%
Osaka Gas Co. Ltd.
0.2%
Bank Hapoalim B.M.
0.2%
Suzuki Motor Corp.
0.2%
Jardine Matheson Holdings Ltd.
0.2%
Publicis Groupe SA
0.2%
Central Japan Railway Co
0.2%
Open Text Corp
0.2%
State Street Corp.
0.2%
Commerzbank AG
0.2%
Sumitomo Electric Industries Ltd.
0.2%
Power Corp. Of Canada
0.2%
Repsol S.A
0.2%
Best Buy Co. Inc.
0.2%
Centrica plc
0.2%
Asahi Group Holdings Ltd.
0.2%
Daiwa House REIT Investment
0.2%
Teva‑ Pharmaceutical Industries Ltd.
0.2%
Everest Re Group Ltd
0.2%
Erste Group Bank AG
0.2%
Power Assets Holdings Limited
0.2%
Molson Coors Beverage Company
0.2%
Magna International Inc.
0.2%
Jabil Inc
0.2%
Otsuka Holdings Co Ltd
0.2%
Renault S.A.
0.2%
Super Micro Computer Inc
0.2%
Juniper Networks Inc
0.2%
Nippon Steel Corporation
0.2%
Omnicom Group, Inc.
0.2%
CLP Holdings Ltd.
0.2%
Nucor Corp.
0.2%
Bayer AG
0.2%
RIO Tinto Ltd.
0.2%
Twilio Inc
0.2%
Fortescue Metals Group Ltd
0.2%
Teledyne Technologies Inc
0.2%
Sun Hung Kai Properties Ltd.
0.2%
Tokyo Electric Power Company Holdings Incorporated
0.1%
Fresenius SE & Co. KGaA
0.1%
Equinor ASA
0.1%
Bunge Limited
0.1%
Delta Air Lines, Inc.
0.1%
Porsche Automobil Holding SE
0.1%
Viatris Inc
0.1%
HeidelbergCement AG
0.1%
Sekisui House Ltd.
0.1%
Credit Agricole S.A.
0.1%
Carrefour
0.1%
Obayashi Corporation
0.1%
Weyerhaeuser Co.
0.1%
Seiko Epson Corp
0.1%
Nutrien Ltd
0.1%
BOC Hong Kong Holdings Ltd
0.1%
WH Group Limited
0.1%
Fox
0.1%
Japan Post Bank Co Ltd.
0.1%
NTT Data Corporation
0.1%
Nissan Motor Co. Ltd.
0.1%
Inpex
0.1%
Kajima Corp
0.1%
A.P. Moller ‑ Maersk AS
0.1%
Walgreens Boots Alliance Inc
0.1%
Leonardo S.p.A.
0.1%
Conagra Brands Inc
0.1%
DocuSign Inc
0.1%
Bouygues
0.1%
AIB Group Plc
0.1%
ArcelorMittal
0.1%
Bank of Ireland Group Plc
0.1%
WPP Plc.
0.1%
United Therapeutics Corp
0.1%
Host Hotels & Resorts Inc
0.1%
Continental AG
0.1%
Isuzu Motors Ltd
0.1%
Brother Industries Ltd
0.1%
Ricoh Company Ltd
0.1%
AGC Inc
0.1%
JXTG Holdings
0.1%
Kirin Holdings Co., Ltd.
0.1%
Equity Residential
0.1%
Israel Discount Bank Ltd.
0.1%
Dai Nippon Printing Co Ltd
0.1%
Toppan Printing Co
0.1%
Ageas
0.1%
ABN AMRO Bank N.V.
0.1%
Mitsubishi Estate Company Limited
0.1%
Ally Financial Inc
0.1%
Yamaha Motor Co Ltd
0.1%
Mid‑America Apartment Communities, Inc.
0.1%
AB SKF
0.1%
Daito Trust Construction Co Ltd
0.1%
Banco de Sabadell, S.A.
< 0.1%
Aspen Technology Inc.
< 0.1%
Associated British Foods plc
< 0.1%
Teleperformance
< 0.1%
CK Infrastructure Holdings Limited
< 0.1%
J Sainsbury
< 0.1%
Quorvo
< 0.1%
Steel Dynamics Inc.
< 0.1%
LyondellBasell Industries NV
< 0.1%
Alstom
< 0.1%
J M Smucker Co
< 0.1%
Aptiv PLC
< 0.1%
Aisin Seiki Co
< 0.1%
Royalty Pharma plc
< 0.1%
Fresenius Medical Care AG & Co. KGaA
< 0.1%
Interpublic Group of Companies Inc
< 0.1%
Sandoz Group Ag Chf 0.05
< 0.1%
Bayerische Motoren Werke AG
< 0.1%
Deutsche Lufthansa AG
< 0.1%
Kingfisher Plc
< 0.1%
iA Financial Corporation Inc
< 0.1%
Banco BPM S.p.A
< 0.1%
Yokogawa Electric Corporation
< 0.1%
Henkel AG & Co. KGAA
< 0.1%
Vivendi SE
< 0.1%
Solventum Corp
< 0.1%
Barratt Developments plc
< 0.1%
Logitech International S.A.
< 0.1%
Singapore Airlines Limited
< 0.1%
Securitas AB
< 0.1%
Kawasaki Kisen Kaisha Ltd
< 0.1%
Eiffage
< 0.1%
Shionogi & Co. Ltd.
< 0.1%
Sekisui Chemical Co. Ltd.
< 0.1%
Camden Property Trust
< 0.1%
Santos Ltd
< 0.1%
AltaGas Ltd
< 0.1%
Skanska AB
< 0.1%
DCC Plc
< 0.1%
SITC International Holdings Company Limited
< 0.1%
Gaming and Leisure Properties Inc
< 0.1%
Tourmaline Oil Corp
< 0.1%
Onex Corporation
< 0.1%
Kubota
< 0.1%
EXOR
< 0.1%
ASR Nederland NV
< 0.1%
Chesapeake Energy Corp.
< 0.1%
Biogen Inc
< 0.1%
Mizrahi Tefahot Bank Ltd
< 0.1%
Randstad NV
< 0.1%
Industrivarden AB
< 0.1%
Fortum Oyj
< 0.1%
Qantas Airways Ltd
< 0.1%
Wilmar International Limited
< 0.1%
Mosaic
< 0.1%
Franklin Resources, Inc.
< 0.1%
Apache Corp
< 0.1%
ARC Resources Ltd
< 0.1%
Yangzijiang Shipbuilding Holdings Ltd
< 0.1%
Mitsubishi Chemical Holdings Corp.
< 0.1%
Asahi Kasei Corp
< 0.1%
WP Carey Inc
< 0.1%
Corebridge Financial Inc.
< 0.1%
Roche Holding AG
< 0.1%
Albertsons Companies Inc
< 0.1%
MTR
< 0.1%
Boliden Ab
< 0.1%
OMV AG
< 0.1%
Adecco Group AG
< 0.1%
Huntington Ingalls Industries Inc
< 0.1%
JFE Holdings, Inc.
< 0.1%
Universal Health Services, Inc.
< 0.1%
Orkla
< 0.1%
Talanx AG
< 0.1%
TIS Inc
< 0.1%
Hulic Co. Ltd.
< 0.1%
Toray Industries Inc
< 0.1%
Trelleborg AB
< 0.1%
Berkeley Group Holdings (The Plc
< 0.1%
Aker BP ASA
< 0.1%
Twenty‑First Century Fox
< 0.1%
Ovintiv Canada ULC
< 0.1%
Brenntag SE
< 0.1%
Air Canada Inc.
< 0.1%
Coca Cola HBC AG
< 0.1%
BlueScope Steel Limited.
< 0.1%
Suntory Beverage & Food Limited
< 0.1%
Tenaris Sa
< 0.1%
Swire Pacific Ltd.
< 0.1%
Smith & Nephew plc
< 0.1%
Molina Healthcare Inc
< 0.1%
Meiji Holdings Co. Ltd
< 0.1%
Ono Pharmaceutical Co. Ltd
< 0.1%
Shizuoka Financial Group Inc.
< 0.1%
Sumitomo Metal Mining Co. Ltd.
< 0.1%
Screen Holdings Co. Ltd.
< 0.1%
Nexi S.p.A.
< 0.1%
HF Sinclair Corporation
< 0.1%
Hitachi Construction Machinery Co. Ltd
< 0.1%
Arkema
< 0.1%
Verbund AG
< 0.1%
Mondi Plc
< 0.1%
Nippon Building Fund
< 0.1%
Empire Co., Ltd.
< 0.1%
Ipsen
< 0.1%
SCSK Corp
< 0.1%
Unipol Gruppo S.p.A.
< 0.1%
Volvo AB
< 0.1%
Sino Land Co. Ltd.
< 0.1%
BPER Banca S.p.A
< 0.1%
Sembcorp Industries Ltd
< 0.1%
Mitsui Toatsu Chemicals
< 0.1%
Telecom Italia S.p.A.
< 0.1%
Stora Enso Oyj
< 0.1%
Yara International ASA.
< 0.1%
Japan Real Estate Investment
< 0.1%
Evonik Industries AG
< 0.1%
Eurazeo
< 0.1%
Idemitsu Kosan Co
< 0.1%
Hikma Pharmaceuticals Plc
< 0.1%
Neste
< 0.1%
Bechtle AG
< 0.1%
JDE Peet`s N.V.
< 0.1%
Grifols SA
< 0.1%
Japan Airlines Company Ltd.
< 0.1%
IGM Financial Inc.
< 0.1%
Kyowa Kirin Co. Ltd.
< 0.1%
Wharf Real Estate Investment Co Ltd
< 0.1%
Others
0%
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