GAL vs. DGT
GAL (SPDR SSgA Global Allocation ETF) and DGT (State Street SPDR Global Dow ETF) are both exchange-traded funds - GAL is a Diversified Portfolio fund actively managed by State Street, while DGT is a Global Equities fund tracking the The Global Dow. GAL is actively managed, while DGT is passively managed. Over the past 10 years, GAL returned 7.85%/yr vs 13.96%/yr for DGT. Their correlation of 0.84 means they have usually moved in the same direction. GAL charges 0.35%/yr vs 0.50%/yr for DGT.
Performance
GAL vs. DGT - Performance Comparison
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Returns By Period
In the year-to-date period, GAL achieves a 7.66% return, which is significantly lower than DGT's 13.72% return. Over the past 10 years, GAL has underperformed DGT with an annualized return of 7.85%, while DGT has yielded a comparatively higher 13.96% annualized return.
GAL
- 1D
- 0.08%
- 1M
- -0.03%
- 6M
- 4.70%
- YTD
- 7.66%
- 1Y
- 16.16%
- 3Y*
- 12.22%
- 5Y*
- 6.65%
- 10Y*
- 7.85%
- ALL TIME*
- 7.30%
DGT
- 1D
- 0.14%
- 1M
- 1.57%
- 6M
- 9.29%
- YTD
- 13.72%
- 1Y
- 29.43%
- 3Y*
- 20.48%
- 5Y*
- 14.46%
- 10Y*
- 13.96%
- ALL TIME*
- 5.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.66M | $2.23M | $2.66M | |
| $682.10K | $570.69K | $694.40K |
GAL vs. DGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GAL SPDR SSgA Global Allocation ETF | 7.66% | 15.95% | 9.85% | 13.32% | -13.41% | 12.23% | 9.33% | 19.59% | -7.71% | 18.67% |
DGT State Street SPDR Global Dow ETF | 13.72% | 30.04% | 14.15% | 20.95% | -8.00% | 21.50% | 9.67% | 22.19% | -9.65% | 24.87% |
Correlation
The correlation between GAL and DGT is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2012 | 0.84 |
The correlation between GAL and DGT has been stable across timeframes, ranging from 0.84 to 0.92 - a consistent structural relationship.
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Return for Risk
GAL vs. DGT — Risk / Return Rank
GAL
DGT
GAL vs. DGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSgA Global Allocation ETF (GAL) and State Street SPDR Global Dow ETF (DGT). 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.
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 | DGT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.42 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 3.38 | -0.84 |
| Martin ratioReturn relative to average drawdown | 9.97 | 13.52 | -3.55 |
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Drawdowns
GAL vs. DGT - Drawdown Comparison
The maximum GAL drawdown since its inception was -28.31%, smaller than the maximum DGT drawdown of -55.36%. Use the drawdown chart below to compare losses from any high point for GAL and DGT.
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Drawdown Indicators
| GAL | DGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.31% | -55.36% | +27.05% |
Max Drawdown (1Y)Largest decline over 1 year | -6.27% | -8.38% | +2.11% |
Max Drawdown (3Y)Largest decline over 3 years | -9.12% | -14.67% | +5.55% |
Max Drawdown (5Y)Largest decline over 5 years | -21.14% | -25.18% | +4.04% |
Max Drawdown (10Y)Largest decline over 10 years | -28.31% | -34.40% | +6.09% |
Current DrawdownCurrent decline from peak | -1.54% | 0.00% | -1.54% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -13.75% | +10.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 2.09% | -0.50% |
Volatility
GAL vs. DGT - Volatility Comparison
The current volatility for SPDR SSgA Global Allocation ETF (GAL) is 2.56%, while State Street SPDR Global Dow ETF (DGT) has a volatility of 3.04%. This indicates that GAL experiences smaller price fluctuations and is considered to be less risky than DGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GAL | DGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.56% | 3.04% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 7.79% | 10.34% | -2.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.50% | 12.45% | -2.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.52% | 15.14% | -4.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.40% | 16.79% | -5.39% |
GAL vs. DGT - Expense Ratio Comparison
GAL has a 0.35% expense ratio, which is lower than DGT's 0.50% expense ratio.
Dividends
GAL vs. DGT - Dividend Comparison
GAL's dividend yield for the trailing twelve months is around 3.22%, more than DGT's 2.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGT State Street SPDR Global Dow ETF | 2.47% | 2.78% | 2.83% | 2.53% | 3.15% | 2.66% | 1.97% | 2.76% | 2.50% | 1.93% | 2.31% | 2.37% |
GAL SPDR SSgA Global Allocation ETF | 3.22% | 3.47% | 2.99% | 2.56% | 6.19% | 4.05% | 2.14% | 2.96% | 2.43% | 2.26% | 2.43% | 3.10% |
Frequently Asked Questions
With a correlation of 0.90, GAL and DGT 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.
DGT has higher volatility (3.04%) compared to GAL (2.56%). In terms of maximum drawdown, GAL dropped -28.31% vs DGT's -55.36%.
On 10-year performance, DGT leads with 13.96% vs 7.85% for GAL. On fees, GAL is cheaper at 0.35% per year. On volatility, GAL has been the lower-risk option at 2.56%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, DGT has performed better with a 13.96% return vs 7.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GAL is cheaper with a 0.35% expense ratio, compared with 0.50% for DGT.
GAL has the higher dividend yield at 3.22%, compared with 2.47% for DGT.
GAL is categorized as Diversified Portfolio, while DGT is Global Equities. Their fees differ too: 0.35% for GAL and 0.50% for DGT.
DGT currently has the higher Sharpe Ratio (2.28 vs 1.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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