GAL vs. REM
Compare and contrast key facts about SPDR SSgA Global Allocation ETF (GAL) and iShares Mortgage Real Estate ETF (REM).
GAL and REM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GAL is an actively managed fund by State Street. It was launched on Apr 25, 2012. REM is a passively managed fund by iShares that tracks the performance of the FTSE NAREIT All Mortgage Capped Index. It was launched on May 4, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAL or REM.
Key characteristics
| GAL | REM | |
|---|---|---|
| YTD Return | 11.25% | 1.21% |
| 1Y Return | 20.73% | 16.65% |
| 3Y Return (Ann) | 2.82% | -7.57% |
| 5Y Return (Ann) | 6.75% | -3.88% |
| 10Y Return (Ann) | 5.90% | 1.70% |
| Sharpe Ratio | 2.33 | 0.81 |
| Sortino Ratio | 3.39 | 1.20 |
| Omega Ratio | 1.43 | 1.15 |
| Calmar Ratio | 1.93 | 0.42 |
| Martin Ratio | 15.98 | 2.90 |
| Ulcer Index | 1.26% | 5.75% |
| Daily Std Dev | 8.68% | 20.65% |
| Max Drawdown | -28.31% | -74.72% |
| Current Drawdown | -1.12% | -29.81% |
Correlation
The correlation between GAL and REM is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GAL vs. REM - Performance Comparison
In the year-to-date period, GAL achieves a 11.25% return, which is significantly higher than REM's 1.21% return. Over the past 10 years, GAL has outperformed REM with an annualized return of 5.90%, while REM has yielded a comparatively lower 1.70% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GAL vs. REM - Expense Ratio Comparison
GAL has a 0.35% expense ratio, which is lower than REM's 0.48% expense ratio.
Risk-Adjusted Performance
GAL vs. REM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSgA Global Allocation ETF (GAL) and iShares Mortgage Real Estate ETF (REM). 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.
Dividends
GAL vs. REM - Dividend Comparison
GAL's dividend yield for the trailing twelve months is around 2.21%, less than REM's 9.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAL SPDR SSgA Global Allocation ETF | 2.21% | 2.56% | 6.19% | 4.05% | 2.14% | 2.96% | 2.43% | 2.26% | 2.43% | 3.10% | 3.36% | 2.50% |
REM iShares Mortgage Real Estate ETF | 9.50% | 9.46% | 11.13% | 7.29% | 7.72% | 8.16% | 10.00% | 9.97% | 10.03% | 11.99% | 14.53% | 16.12% |
Drawdowns
GAL vs. REM - Drawdown Comparison
The maximum GAL drawdown since its inception was -28.31%, smaller than the maximum REM drawdown of -74.72%. Use the drawdown chart below to compare losses from any high point for GAL and REM. For additional features, visit the drawdowns tool.
Volatility
GAL vs. REM - Volatility Comparison
The current volatility for SPDR SSgA Global Allocation ETF (GAL) is 2.36%, while iShares Mortgage Real Estate ETF (REM) has a volatility of 4.87%. This indicates that GAL experiences smaller price fluctuations and is considered to be less risky than REM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.