SQS vs. SPGM

Last updated Jul 2, 2026

SQS (Sapient Quality Select ETF) and SPGM (SPDR Portfolio MSCI Global Stock Market ETF) are both Global Equities funds. SQS is actively managed, while SPGM is passively managed. Their correlation of 0.89 suggests significant overlap in exposure. SQS charges 0.80%/yr vs 0.09%/yr for SPGM.

Performance

SQS vs. SPGM - Performance Comparison

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

Returns By Period

SQS

• 1D: -0.39%
• 1M: -2.44%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPGM

• 1D: -0.67%
• 1M: -1.36%
• 6M: 11.80%
• YTD: 11.80%
• 1Y: 25.62%
• 3Y*: 19.90%
• 5Y*: 11.08%
• 10Y*: 12.93%

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

SQS vs. SPGM - Yearly Performance Comparison

	2026 (YTD)
SQS Sapient Quality Select ETF	8.85%
SPGM SPDR Portfolio MSCI Global Stock Market ETF	12.84%

Correlation

The correlation between SQS and SPGM is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026	0.89

Return for Risk

SQS vs. SPGM — Risk / Return Rank

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

SQS

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

SPGM

SPGM Risk / Return Rank: 67
SPGM Sharpe Ratio Rank: 68
SPGM Sortino Ratio Rank: 65
SPGM Omega Ratio Rank: 66
SPGM Calmar Ratio Rank: 64
SPGM Martin Ratio Rank: 73

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.

SQS vs. SPGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sapient Quality Select ETF (SQS) and SPDR Portfolio MSCI Global Stock Market ETF (SPGM). 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.

	SQS	SPGM	Difference
Sharpe ratio: Return per unit of total volatility	—	1.88	—
Sortino ratio: Return per unit of downside risk	—	2.57	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	2.71	—
Martin ratio: Return relative to average drawdown	—	11.75	—

Drawdowns

SQS vs. SPGM - Drawdown Comparison

The maximum SQS drawdown since its inception was -7.90%, smaller than the maximum SPGM drawdown of -33.97%. Use the drawdown chart below to compare losses from any high point for SQS and SPGM.

Drawdown Indicators

	SQS	SPGM	Difference
Max Drawdown Largest peak-to-trough decline	-7.90%	-33.97%	+26.07%
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	-2.67%	-1.81%	-0.86%
Average Drawdown Average peak-to-trough decline	-1.95%	-4.79%	+2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.19%	—

Volatility

Volatility by Period

	SQS	SPGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.93%	13.71%	+5.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.93%	16.17%	+2.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.93%	17.45%	+1.48%

SQS vs. SPGM - Expense Ratio Comparison

SQS has a 0.80% expense ratio, which is higher than SPGM's 0.09% expense ratio.

Dividends

SQS vs. SPGM - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SQS Sapient Quality Select 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%

Frequently Asked Questions

Can I hold both SQS and SPGM in my portfolio?

SQS and SPGM have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SQS or SPGM?

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, SQS or SPGM?

SPGM is cheaper with a 0.09% expense ratio, compared with 0.80% for SQS.

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

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

What is the main difference between SQS and SPGM?

They also come from different issuers: Sapient and State Street. Their fees differ too: 0.80% for SQS and 0.09% for SPGM.