ALLW Sweeps Awards, Lands Best New ETF

2026 ETF.com Best New Active ETF, Best New Multi-Asset ETF, Best New ETF (Overall)

Fund: State Street Bridgewater All Weather ETF (ALLW)

Issuer: State Street

Asset Class: Asset Allocation

AUM: $1.1 billion

Expense Ratio: 0.85%



The State Street Bridgewater All Weather ETF (ALLW) was the only fund to win more than one award at the 2026 ETF.com Awards, taking home three: Best New Active ETF, Best New Multi-Asset ETF, and Best New ETF overall.

First created by Bridgewater founder Ray Dalio and his colleagues in the mid-1990s, the All Weather risk-parity strategy was designed as a portfolio that could hold up across a wide range of economic environments.

The ETF version, where State Street implements a daily model portfolio provided by Bridgewater, has resonated with investors. In less than a year since launch, the fund gathered over $1 billion. 

The portfolio holds a mix of global stocks, bonds and commodities, bringing a strategy long used by institutions into the ETF wrapper.

All data sourced as of 03/03/26.