AVOS vs. SPGM

Last updated Jun 6, 2026

AVOS (Avos Global Equities ETF) and SPGM (SPDR Portfolio MSCI Global Stock Market ETF) are both Global Equities funds. AVOS is actively managed, while SPGM is passively managed. With a 0.96 correlation, they move nearly in lockstep. AVOS charges 0.64%/yr vs 0.09%/yr for SPGM.

Performance

AVOS vs. SPGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avos Global Equities ETF (AVOS) and SPDR Portfolio MSCI Global Stock Market ETF (SPGM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AVOS

• 1D: -2.67%
• 1M: -2.64%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPGM

• 1D: -3.08%
• 1M: -0.69%
• YTD: 10.02%
• 6M: 10.30%
• 1Y: 28.49%
• 3Y*: 20.31%
• 5Y*: 10.91%
• 10Y*: 12.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVOS vs. SPGM - Yearly Performance Comparison

	2026 (YTD)
AVOS Avos Global Equities ETF	6.70%
SPGM SPDR Portfolio MSCI Global Stock Market ETF	9.17%

Correlation

The correlation between AVOS and SPGM is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 9, 2026	0.96

AVOS vs. SPGM - Sectors Allocation Comparison

Sectors	AVOS	SPGM
Financial Services	19.7%	16.4%
Technology	18.8%	27.4%
Industrials	11.9%	13.1%
Energy	11.4%	4.5%
Basic Materials	8.8%	3.9%
Consumer Cyclical	7.0%	9.2%
Healthcare	6.8%	8.2%
Consumer Defensive	5.3%	4.8%
Communication Services	5.1%	8.5%
Utilities	3.2%	2.2%
Real Estate	2.1%	1.9%

Return for Risk

AVOS vs. SPGM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPGM

SPGM Risk / Return Rank: 67
SPGM Sharpe Ratio Rank: 67
SPGM Sortino Ratio Rank: 65
SPGM Omega Ratio Rank: 67
SPGM Calmar Ratio Rank: 62
SPGM Martin Ratio Rank: 74

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.

AVOS vs. SPGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avos Global Equities ETF (AVOS) and SPDR Portfolio MSCI Global Stock Market ETF (SPGM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AVOS	SPGM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.16	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.53	0.65	+0.88

Drawdowns

AVOS vs. SPGM - Drawdown Comparison

The maximum AVOS drawdown since its inception was -4.66%, smaller than the maximum SPGM drawdown of -33.97%. Use the drawdown chart below to compare losses from any high point for AVOS and SPGM.

Drawdown Indicators

	AVOS	SPGM	Difference
Max Drawdown Largest peak-to-trough decline	-4.66%	-33.97%	+29.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.97%	—
Current Drawdown Current decline from peak	-2.93%	-3.37%	+0.44%
Average Drawdown Average peak-to-trough decline	-1.33%	-4.80%	+3.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.11%	—

Volatility

Volatility by Period

	AVOS	SPGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.54%	13.27%	+6.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.54%	16.08%	+3.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.54%	17.60%	+1.94%

AVOS vs. SPGM - Expense Ratio Comparison

AVOS has a 0.64% expense ratio, which is higher than SPGM's 0.09% expense ratio.

Dividends

AVOS vs. SPGM - Dividend Comparison

AVOS has not paid dividends to shareholders, while SPGM's dividend yield for the trailing twelve months is around 1.84%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVOS Avos Global Equities ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPGM SPDR Portfolio MSCI Global Stock Market ETF	1.84%	1.89%	1.98%	2.09%	2.37%	1.94%	1.45%	2.46%	1.89%	2.29%	1.87%	3.70%

Frequently Asked Questions

Can I hold both AVOS and SPGM in my portfolio?

With a correlation of 0.96, AVOS and SPGM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AVOS or SPGM?

On fees, SPGM is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVOS or SPGM?

SPGM is cheaper with a 0.09% expense ratio, compared with 0.64% for AVOS.

Which ETF pays a higher dividend yield, AVOS or SPGM?

SPGM has the higher dividend yield at 1.84%, compared with 0.00% for AVOS.

What is the main difference between AVOS and SPGM?

They also come from different issuers: Avos and State Street. Their fees differ too: 0.64% for AVOS and 0.09% for SPGM.