- ISIN
- US78467V4005
- CUSIP
- 78467V400
- Issuer
- State Street
- Inception Date
- Apr 25, 2012
- Region
- Developed Markets (Broad)
- Category
- Diversified Portfolio
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $304M
Share Price Chart
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Performance
GAL Performance Chart
SPDR SSgA Global Allocation ETF (GAL) is up 8.7% since the beginning of the year. GAL is currently trading at $54 per share. Investors who bought $1,000 worth of GAL shares 5 years ago would now be looking at an investment worth $1,410.
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Returns By Period
SPDR SSgA Global Allocation ETF (GAL) has returned 8.73% so far this year and 19.75% over the past 12 months. Over the last ten years, GAL has returned 8.42% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
SPDR SSgA Global Allocation ETF
- 1D
- 0.20%
- 1M
- 1.01%
- YTD
- 8.73%
- 6M
- 8.55%
- 1Y
- 19.75%
- 3Y*
- 13.84%
- 5Y*
- 7.11%
- 10Y*
- 8.42%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GAL Monthly Returns History
Based on dividend-adjusted daily data since Apr 26, 2012, GAL's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, an investment would double in approximately 9.1 years.
Historically, 68% of months were positive and 32% were negative. The best month was Nov 2020 with a return of +8.0%, while the worst month was Mar 2020 at -11.5%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.
On a daily basis, GAL closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +6.0%, while the worst single day was Mar 12, 2020 at -7.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.83% | 1.89% | -4.19% | 5.96% | 2.31% | -0.08% | 8.73% | ||||||
| 2025 | 1.91% | 0.63% | -0.69% | 0.13% | 2.56% | 3.04% | 0.00% | 2.62% | 2.43% | 1.31% | 0.42% | 0.61% | 15.95% |
| 2024 | -0.63% | 2.62% | 2.60% | -2.57% | 3.09% | 0.71% | 2.11% | 1.45% | 2.20% | -1.95% | 2.26% | -2.21% | 9.85% |
| 2023 | 5.62% | -3.20% | 2.14% | 1.24% | -1.85% | 4.00% | 2.57% | -2.30% | -3.72% | -2.05% | 6.38% | 4.45% | 13.32% |
| 2022 | -3.28% | -1.51% | 0.45% | -5.47% | 0.89% | -6.13% | 3.91% | -3.19% | -7.21% | 3.59% | 6.90% | -2.19% | -13.41% |
| 2021 | -0.31% | 1.80% | 1.52% | 2.81% | 1.83% | 0.69% | 0.76% | 1.54% | -2.91% | 3.17% | -1.98% | 2.87% | 12.23% |
Benchmark Metrics
SPDR SSgA Global Allocation ETF has an annualized alpha of 0.22%, beta of 0.57, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since April 26, 2012.
- This ETF participated in 72.49% of S&P 500 Index downside but only 60.06% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.57 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 0.22%
- Beta
- 0.57
- R²
- 0.78
- Upside Capture
- 60.06%
- Downside Capture
- 72.49%
Expense Ratio
GAL has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
GAL ranks 69 for risk / return — better than 69% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SPDR SSgA Global Allocation ETF (GAL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GAL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 2.78 | +0.38 |
| Martin ratioReturn relative to average drawdown | 13.17 | 12.44 | +0.73 |
Dividends
Dividend History
SPDR SSgA Global Allocation ETF provided a 3.12% dividend yield over the last twelve months, with an annual payout of $1.68 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.68 | $1.72 | $1.32 | $1.06 | $2.33 | $1.87 | $0.92 | $1.19 | $0.84 | $0.87 | $0.80 | $1.02 |
Dividend yield | 3.12% | 3.47% | 2.99% | 2.56% | 6.19% | 4.05% | 2.14% | 2.96% | 2.43% | 2.26% | 2.43% | 3.10% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR SSgA Global Allocation ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.14 | ||||||
| 2025 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.83 | $1.72 |
| 2024 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.47 | $1.32 |
| 2023 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.14 | $1.06 |
| 2022 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $1.40 | $2.33 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $1.31 | $1.87 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR SSgA Global Allocation ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR SSgA Global Allocation ETF was 28.31%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.
The current SPDR SSgA Global Allocation ETF drawdown is 0.56%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -28.31%Mar 2020 | 1mo 9d | 6mo 23d | 8mo 2dFeb 2020 - Oct 2020 |
Bear market2022 | -21.14%Sep 2022 | 10mo 22d | 1y 5mo | 2y 3moNov 2021 - Mar 2024 |
Rate-hike selloffLate 2018 | -14.97%Dec 2018 | 10mo 29d | 8mo 22d | 1y 7moJan 2018 - Sep 2019 |
2016 correction2016 | -13.24%Feb 2016 | 9mo 19d | 1y 11d | 1y 10moApr 2015 - Feb 2017 |
2025 selloff2025 | -9.12%Apr 2025 | 1mo 16d | 1mo 5d | 2mo 21dFeb 2025 - May 2025 |
Drawdown Indicators
| GAL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.31% | -56.78% | +28.47% |
Max Drawdown (1Y)Largest decline over 1 year | -6.27% | -9.10% | +2.83% |
Max Drawdown (3Y)Largest decline over 3 years | -9.12% | -18.90% | +9.78% |
Max Drawdown (5Y)Largest decline over 5 years | -21.14% | -25.43% | +4.29% |
Max Drawdown (10Y)Largest decline over 10 years | -28.31% | -33.92% | +5.61% |
Current DrawdownCurrent decline from peak | -0.56% | -1.80% | +1.24% |
Average DrawdownAverage peak-to-trough decline | -3.73% | -10.71% | +6.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.50% | 2.03% | -0.53% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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