SPGM vs. NFFFX
Compare and contrast key facts about SPDR Portfolio MSCI Global Stock Market ETF (SPGM) and American Funds New World Fund (NFFFX).
SPGM is a passively managed fund by State Street that tracks the performance of the MSCI AC World IMI. It was launched on Feb 27, 2012. NFFFX is managed by American Funds. It was launched on Jun 17, 1999.
Performance
SPGM vs. NFFFX - Performance Comparison
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SPGM vs. NFFFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPGM SPDR Portfolio MSCI Global Stock Market ETF | -0.38% | 23.62% | 16.75% | 21.34% | -17.53% | 21.13% | 15.28% | 26.58% | -10.12% | 23.26% |
NFFFX American Funds New World Fund | -1.50% | 28.52% | 6.78% | 16.11% | -21.86% | 4.98% | 25.17% | 27.89% | -12.08% | 32.92% |
Returns By Period
In the year-to-date period, SPGM achieves a -0.38% return, which is significantly higher than NFFFX's -1.50% return. Over the past 10 years, SPGM has outperformed NFFFX with an annualized return of 11.83%, while NFFFX has yielded a comparatively lower 9.64% annualized return.
SPGM
- 1D
- 0.94%
- 1M
- -4.67%
- YTD
- -0.38%
- 6M
- 2.64%
- 1Y
- 24.52%
- 3Y*
- 17.72%
- 5Y*
- 9.90%
- 10Y*
- 11.83%
NFFFX
- 1D
- 2.61%
- 1M
- -8.56%
- YTD
- -1.50%
- 6M
- 2.06%
- 1Y
- 23.89%
- 3Y*
- 13.75%
- 5Y*
- 4.67%
- 10Y*
- 9.64%
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SPGM vs. NFFFX - Expense Ratio Comparison
SPGM has a 0.09% expense ratio, which is lower than NFFFX's 0.68% expense ratio.
Return for Risk
SPGM vs. NFFFX — Risk / Return Rank
SPGM
NFFFX
SPGM vs. NFFFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio MSCI Global Stock Market ETF (SPGM) and American Funds New World Fund (NFFFX). 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.
| SPGM | NFFFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 1.58 | -0.17 |
Sortino ratioReturn per unit of downside risk | 2.03 | 2.18 | -0.15 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.31 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.09 | 1.82 | +0.26 |
Martin ratioReturn relative to average drawdown | 9.76 | 7.58 | +2.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPGM | NFFFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 1.58 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.31 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.61 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.34 | +0.27 |
Correlation
The correlation between SPGM and NFFFX is 0.76, 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.
Dividends
SPGM vs. NFFFX - Dividend Comparison
SPGM's dividend yield for the trailing twelve months is around 1.90%, less than NFFFX's 6.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPGM SPDR Portfolio MSCI Global Stock Market ETF | 1.90% | 1.89% | 1.98% | 2.09% | 2.37% | 1.94% | 1.45% | 2.46% | 1.89% | 2.29% | 1.87% | 3.70% |
NFFFX American Funds New World Fund | 6.10% | 6.01% | 4.01% | 2.78% | 1.21% | 7.23% | 0.35% | 3.95% | 2.62% | 2.17% | 1.28% | 0.94% |
Drawdowns
SPGM vs. NFFFX - Drawdown Comparison
The maximum SPGM drawdown since its inception was -33.97%, smaller than the maximum NFFFX drawdown of -50.17%. Use the drawdown chart below to compare losses from any high point for SPGM and NFFFX.
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Drawdown Indicators
| SPGM | NFFFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.97% | -50.17% | +16.20% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -13.01% | +1.05% |
Max Drawdown (5Y)Largest decline over 5 years | -25.93% | -33.48% | +7.55% |
Max Drawdown (10Y)Largest decline over 10 years | -33.97% | -33.48% | -0.49% |
Current DrawdownCurrent decline from peak | -5.72% | -10.73% | +5.01% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -9.89% | +5.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 3.13% | -0.57% |
Volatility
SPGM vs. NFFFX - Volatility Comparison
The current volatility for SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is 6.33%, while American Funds New World Fund (NFFFX) has a volatility of 7.09%. This indicates that SPGM experiences smaller price fluctuations and is considered to be less risky than NFFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPGM | NFFFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.33% | 7.09% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 10.22% | 11.01% | -0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.49% | 15.62% | +1.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.94% | 15.17% | +0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.56% | 15.98% | +1.58% |