SPGM vs. PJBF

Last updated Jul 17, 2026

SPGM (SPDR Portfolio MSCI Global Stock Market ETF) and PJBF (PGIM Jennison Better Future ETF) are both Global Equities funds. SPGM is passively managed, while PJBF is actively managed. SPGM charges 0.09%/yr vs 0.59%/yr for PJBF.

Performance

SPGM vs. PJBF - Performance Comparison

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

Returns By Period

SPGM

• 1D: -0.67%
• 1M: -0.91%
• 6M: 8.93%
• YTD: 11.95%
• 1Y: 25.05%
• 3Y*: 19.14%
• 5Y*: 11.43%
• 10Y*: 12.72%

PJBF

• 1D: 0.00%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPGM vs. PJBF - Yearly Performance Comparison

	2026 (YTD)
SPGM SPDR Portfolio MSCI Global Stock Market ETF	0.17%
PJBF PGIM Jennison Better Future ETF	0.00%

SPGM vs. PJBF - Sectors Allocation Comparison

Sectors	SPGM	PJBF
Technology	30.7%	40.0%
Financial Services	15.7%	2.5%
Industrials	12.5%	16.5%
Consumer Cyclical	9.0%	13.8%
Communication Services	8.2%	11.5%
Healthcare	7.9%	11.5%
Consumer Defensive	4.5%	2.3%
Energy	4.0%	-
Basic Materials	3.8%	-
Utilities	2.0%	2.0%
Real Estate	1.8%	-

Return for Risk

SPGM vs. PJBF — Risk / Return Rank

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

SPGM

SPGM Risk / Return Rank: 70
SPGM Sharpe Ratio Rank: 71
SPGM Sortino Ratio Rank: 69
SPGM Omega Ratio Rank: 70
SPGM Calmar Ratio Rank: 66
SPGM Martin Ratio Rank: 77

PJBF

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

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.

SPGM vs. PJBF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio MSCI Global Stock Market ETF (SPGM) and PGIM Jennison Better Future ETF (PJBF). 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.

	SPGM	PJBF	Difference
Sharpe ratio: Return per unit of total volatility	1.83	—	—
Sortino ratio: Return per unit of downside risk	2.51	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.65	—	—
Martin ratio: Return relative to average drawdown	11.40	—	—

Drawdowns

SPGM vs. PJBF - Drawdown Comparison

The maximum SPGM drawdown since its inception was -33.97%, which is greater than PJBF's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SPGM and PJBF.

Drawdown Indicators

	SPGM	PJBF	Difference
Max Drawdown Largest peak-to-trough decline	-33.97%	0.00%	-33.97%
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	-1.68%	0.00%	-1.68%
Average Drawdown Average peak-to-trough decline	-4.78%	0.00%	-4.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	—	—

Volatility

Volatility by Period

	SPGM	PJBF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	0.00%	+13.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.17%	0.00%	+16.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	0.00%	+17.42%

SPGM vs. PJBF - Expense Ratio Comparison

SPGM has a 0.09% expense ratio, which is lower than PJBF's 0.59% expense ratio.

Dividends

SPGM vs. PJBF - Dividend Comparison

SPGM's dividend yield for the trailing twelve months is around 1.81%, while PJBF has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PJBF PGIM Jennison Better Future 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	1.81%	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

Which ETF is better, SPGM or PJBF?

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, SPGM or PJBF?

SPGM is cheaper with a 0.09% expense ratio, compared with 0.59% for PJBF.

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

SPGM has the higher dividend yield at 1.81%, compared with 0.00% for PJBF.

What is the main difference between SPGM and PJBF?

They also come from different issuers: State Street and PGIM. Their fees differ too: 0.09% for SPGM and 0.59% for PJBF.