- ISIN
- US78463X4759
- CUSIP
- 78463X475
- Issuer
- State Street
- Inception Date
- Feb 27, 2012
- Region
- Global (Broad)
- Category
- Global Equities
- 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
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Loading charts...
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%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.13% | 1.98% | -6.16% | 9.31% | 4.71% | 0.01% | 12.98% | ||||||
| 2025 | 2.92% | -0.38% | -3.87% | 0.38% | 6.06% | 4.73% | 1.38% | 3.27% | 3.68% | 2.47% | 0.23% | 0.89% | 23.62% |
| 2024 | 0.29% | 4.38% | 3.02% | -3.42% | 4.34% | 1.99% | 1.74% | 2.39% | 2.29% | -2.22% | 4.17% | -2.96% | 16.75% |
| 2023 | 7.61% | -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% |
| 2021 | 0.89% | 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
- R²
- 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.
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.
| SPGM | Benchmark | Difference | |
|---|---|---|---|
| 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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
Loading charts...
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 9d | 5mo 4d | 6mo 13dFeb 2020 - Aug 2020 |
Bear market2022 | -25.93%Oct 2022 | 9mo 10d | 1y 3mo | 2y 20dJan 2022 - Jan 2024 |
2016 bear market2016 | -21.97%Feb 2016 | 7mo 27d | 10mo 6d | 1y 5moJun 2015 - Dec 2016 |
Rate-hike selloffLate 2018 | -19.41%Dec 2018 | 10mo 29d | 10mo 4d | 1y 8moJan 2018 - Oct 2019 |
2025 selloff2025 | -16.90%Apr 2025 | 1mo 18d | 1mo 25d | 3mo 13dFeb 2025 - Jun 2025 |
Drawdown Indicators
| SPGM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -0.77% | -1.29% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -4.80% | -10.72% | +5.92% |
Ulcer IndexDepth 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.
Loading charts...
Build a portfolio with SPGM
Add SPDR Portfolio MSCI Global Stock Market ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with SPGM