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ISIN
US78463X4759
CUSIP
78463X475
Inception Date
Feb 27, 2012
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
MSCI ACWI IMI Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$2B

Share Price Chart


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Performance

SPGM Performance Chart

SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is up 13.0% since the beginning of the year. SPGM is currently trading at $86 per share. Investors who bought $1,000 worth of SPGM shares 5 years ago would now be looking at an investment worth $1,737.


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S&P 500 Index

Returns By Period

SPDR Portfolio MSCI Global Stock Market ETF (SPGM) has returned 12.98% so far this year and 30.16% over the past 12 months. Over the last ten years, SPGM has had an annualized return of 13.17%, just under the S&P 500 Index benchmark’s 13.75%.


SPDR Portfolio MSCI Global Stock Market ETF

1D
-0.45%
1M
3.08%
YTD
12.98%
6M
13.87%
1Y
30.16%
3Y*
20.24%
5Y*
11.68%
10Y*
13.17%

Benchmark (S&P 500 Index)

1D
-0.57%
1M
1.39%
YTD
9.73%
6M
10.46%
1Y
24.50%
3Y*
19.43%
5Y*
12.21%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPGM Monthly Returns History

Based on dividend-adjusted daily data since Mar 5, 2012, SPGM's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, an investment would double in approximately 5.9 years.

Historically, 67% of months were positive and 33% were negative. The best month was Nov 2020 with a return of +12.8%, while the worst month was Mar 2020 at -13.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SPGM closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +8.7%, while the worst single day was Mar 16, 2020 at -11.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.13%1.98%-6.16%9.31%4.71%0.01%12.98%
20252.92%-0.38%-3.87%0.38%6.06%4.73%1.38%3.27%3.68%2.47%0.23%0.89%23.62%
20240.29%4.38%3.02%-3.42%4.34%1.99%1.74%2.39%2.29%-2.22%4.17%-2.96%16.75%
20237.61%-3.17%2.63%1.50%-1.17%5.87%3.71%-3.06%-4.05%-3.19%8.72%5.22%21.34%
2022-4.22%-3.19%2.18%-7.90%0.44%-8.28%6.59%-3.51%-9.58%6.81%8.10%-4.45%-17.53%
20210.89%3.60%2.83%3.81%1.90%1.04%0.41%2.46%-4.16%5.49%-2.34%3.80%21.13%

Benchmark Metrics

SPDR Portfolio MSCI Global Stock Market ETF has an annualized alpha of 0.90%, beta of 0.86, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since March 05, 2012.

  • This ETF participated in 92.81% of S&P 500 Index downside but only 89.34% of its upside - more exposed to losses than it benefited from rallies.
  • With beta of 0.86 and R2 of 0.68, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
0.90%
Beta
0.86
0.68
Upside Capture
89.34%
Downside Capture
92.81%

Expense Ratio

SPGM has an expense ratio of 0.09%, which is considered low.


Return for Risk

Risk / Return Rank

SPGM ranks 74 for risk / return — better than 74% 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.


SPGM Risk / Return Rank: 7474
Overall Rank
SPGM Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
SPGM Sortino Ratio Rank: 7373
Sortino Ratio Rank
SPGM Omega Ratio Rank: 7575
Omega Ratio Rank
SPGM Calmar Ratio Rank: 6868
Calmar Ratio Rank
SPGM Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for SPDR Portfolio MSCI Global Stock Market ETF (SPGM) 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.


SPGMBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.25

Sortino ratioReturn per unit of downside risk

+0.32

Omega ratioGain probability vs. loss probability

1.41

1.36

+0.05

Calmar ratioReturn relative to maximum drawdown

3.19

2.71

+0.48

Martin ratioReturn relative to average drawdown

14.08

12.15

+1.92

Dividends

Dividend History

SPDR Portfolio MSCI Global Stock Market ETF provided a 1.79% dividend yield over the last twelve months, with an annual payout of $1.54 per share. The fund has been increasing its distributions for 3 consecutive years.


1.50%2.00%2.50%3.00%3.50%$0.00$0.50$1.00$1.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.54$1.45$1.26$1.16$1.11$1.12$0.71$1.06$0.66$0.90$0.61$1.14

Dividend yield

1.79%1.89%1.98%2.09%2.37%1.94%1.45%2.46%1.89%2.29%1.87%3.70%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR Portfolio MSCI Global Stock Market ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.67$0.67
2025$0.00$0.00$0.00$0.00$0.00$0.58$0.00$0.00$0.00$0.00$0.87$0.00$1.45
2024$0.00$0.00$0.00$0.00$0.00$0.55$0.00$0.00$0.00$0.00$0.00$0.71$1.26
2023$0.00$0.00$0.00$0.00$0.00$0.59$0.00$0.00$0.00$0.00$0.00$0.57$1.16
2022$0.00$0.00$0.00$0.00$0.00$0.54$0.00$0.00$0.00$0.00$0.00$0.57$1.11
2021$0.00$0.00$0.00$0.00$0.00$0.43$0.00$0.00$0.00$0.00$0.00$0.69$1.12

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 Portfolio MSCI Global Stock Market 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 Portfolio MSCI Global Stock Market ETF was 33.97%, occurring on Mar 23, 2020. Recovery took 107 trading sessions.

The current SPDR Portfolio MSCI Global Stock Market ETF drawdown is 0.77%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-33.97%Mar 2020
1mo 9d5mo 4d
6mo 13dFeb 2020 - Aug 2020
Bear market2022
-25.93%Oct 2022
9mo 10d1y 3mo
2y 20dJan 2022 - Jan 2024
2016 bear market2016
-21.97%Feb 2016
7mo 27d10mo 6d
1y 5moJun 2015 - Dec 2016
Rate-hike selloffLate 2018
-19.41%Dec 2018
10mo 29d10mo 4d
1y 8moJan 2018 - Oct 2019
2025 selloff2025
-16.90%Apr 2025
1mo 18d1mo 25d
3mo 13dFeb 2025 - Jun 2025

Drawdown Indicators


SPGMBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-33.97%

-56.78%

+22.81%

Max Drawdown (1Y)

Largest decline over 1 year

-9.50%

-9.10%

-0.40%

Max Drawdown (3Y)

Largest decline over 3 years

-16.90%

-18.90%

+2.00%

Max Drawdown (5Y)

Largest decline over 5 years

-25.93%

-25.43%

-0.50%

Max Drawdown (10Y)

Largest decline over 10 years

-33.97%

-33.92%

-0.05%

Current Drawdown

Current decline from peak

-0.77%

-1.29%

+0.52%

Average Drawdown

Average peak-to-trough decline

-4.80%

-10.72%

+5.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.15%

2.02%

+0.13%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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