SPGM vs. VEU
Compare and contrast key facts about SPDR Portfolio MSCI Global Stock Market ETF (SPGM) and Vanguard FTSE All-World ex-US ETF (VEU).
SPGM and VEU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VEU is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US Index. It was launched on Mar 2, 2007. Both SPGM and VEU 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: SPGM or VEU.
Correlation
The correlation between SPGM and VEU 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.
Performance
SPGM vs. VEU - Performance Comparison
Key characteristics
SPGM:
1.75
VEU:
0.86
SPGM:
2.37
VEU:
1.25
SPGM:
1.32
VEU:
1.16
SPGM:
0.21
VEU:
1.10
SPGM:
10.16
VEU:
2.87
SPGM:
2.09%
VEU:
3.75%
SPGM:
12.15%
VEU:
12.52%
SPGM:
-100.00%
VEU:
-61.52%
SPGM:
-99.99%
VEU:
-7.53%
Returns By Period
In the year-to-date period, SPGM achieves a 1.77% return, which is significantly higher than VEU's 0.92% return. Over the past 10 years, SPGM has outperformed VEU with an annualized return of 9.60%, while VEU has yielded a comparatively lower 5.26% annualized return.
SPGM
1.77%
1.88%
6.01%
20.14%
10.18%
9.60%
VEU
0.92%
1.24%
-0.63%
9.86%
4.24%
5.26%
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SPGM vs. VEU - Expense Ratio Comparison
SPGM has a 0.09% expense ratio, which is higher than VEU's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SPGM vs. VEU — Risk-Adjusted Performance Rank
SPGM
VEU
SPGM vs. VEU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio MSCI Global Stock Market ETF (SPGM) and Vanguard FTSE All-World ex-US ETF (VEU). 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
SPGM vs. VEU - Dividend Comparison
SPGM's dividend yield for the trailing twelve months is around 1.95%, less than VEU's 3.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPGM SPDR Portfolio MSCI Global Stock Market ETF | 1.95% | 1.98% | 2.09% | 2.37% | 1.94% | 1.45% | 2.46% | 1.89% | 2.29% | 1.87% | 3.70% | 2.18% |
VEU Vanguard FTSE All-World ex-US ETF | 3.21% | 3.24% | 3.32% | 3.12% | 3.07% | 2.00% | 3.10% | 3.27% | 2.66% | 2.96% | 2.95% | 3.52% |
Drawdowns
SPGM vs. VEU - Drawdown Comparison
The maximum SPGM drawdown since its inception was -100.00%, which is greater than VEU's maximum drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for SPGM and VEU. For additional features, visit the drawdowns tool.
Volatility
SPGM vs. VEU - Volatility Comparison
SPDR Portfolio MSCI Global Stock Market ETF (SPGM) has a higher volatility of 4.60% compared to Vanguard FTSE All-World ex-US ETF (VEU) at 3.69%. This indicates that SPGM's price experiences larger fluctuations and is considered to be riskier than VEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.