SPEU vs. GMF
Compare and contrast key facts about SPDR Portfolio Europe ETF (SPEU) and SPDR S&P Emerging Asia Pacific ETF (GMF).
SPEU and GMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPEU is a passively managed fund by State Street that tracks the performance of the STOXX Europe Total Market. It was launched on Oct 15, 2002. GMF is a passively managed fund by State Street that tracks the performance of the S&P Asia Pacific Emerging BMI Index. It was launched on Mar 19, 2007. Both SPEU and GMF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPEU or GMF.
Correlation
The correlation between SPEU and GMF is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SPEU vs. GMF - Performance Comparison
Key characteristics
SPEU:
0.74
GMF:
0.61
SPEU:
1.11
GMF:
0.98
SPEU:
1.15
GMF:
1.13
SPEU:
0.90
GMF:
0.52
SPEU:
2.46
GMF:
1.64
SPEU:
5.17%
GMF:
7.53%
SPEU:
17.32%
GMF:
20.15%
SPEU:
-62.45%
GMF:
-67.18%
SPEU:
-1.18%
GMF:
-14.19%
Returns By Period
In the year-to-date period, SPEU achieves a 14.43% return, which is significantly higher than GMF's -1.76% return. Over the past 10 years, SPEU has outperformed GMF with an annualized return of 5.31%, while GMF has yielded a comparatively lower 4.11% annualized return.
SPEU
14.43%
1.66%
7.67%
13.53%
13.56%
5.31%
GMF
-1.76%
-3.44%
-5.65%
11.11%
7.37%
4.11%
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SPEU vs. GMF - Expense Ratio Comparison
SPEU has a 0.09% expense ratio, which is lower than GMF's 0.49% expense ratio.
Risk-Adjusted Performance
SPEU vs. GMF — Risk-Adjusted Performance Rank
SPEU
GMF
SPEU vs. GMF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Europe ETF (SPEU) and SPDR S&P Emerging Asia Pacific ETF (GMF). 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
SPEU vs. GMF - Dividend Comparison
SPEU's dividend yield for the trailing twelve months is around 2.88%, more than GMF's 1.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPEU SPDR Portfolio Europe ETF | 2.88% | 3.29% | 2.91% | 3.08% | 2.67% | 2.29% | 3.19% | 4.00% | 2.82% | 3.66% | 3.62% | 5.91% |
GMF SPDR S&P Emerging Asia Pacific ETF | 1.95% | 1.92% | 2.75% | 2.54% | 2.71% | 1.32% | 1.75% | 2.26% | 1.70% | 2.49% | 3.76% | 1.55% |
Drawdowns
SPEU vs. GMF - Drawdown Comparison
The maximum SPEU drawdown since its inception was -62.45%, smaller than the maximum GMF drawdown of -67.18%. Use the drawdown chart below to compare losses from any high point for SPEU and GMF. For additional features, visit the drawdowns tool.
Volatility
SPEU vs. GMF - Volatility Comparison
SPDR Portfolio Europe ETF (SPEU) and SPDR S&P Emerging Asia Pacific ETF (GMF) have volatilities of 11.11% and 11.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.