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Getting International Exposure in ETFs Isn't Always an Easy Choice. Is SPGM or IEFA the Better Buy for 2026?

SPGM's total-world approach delivered 23.1% one-year gains versus IEFA's 19.9%, though the iShares fund offers higher dividend income and lower costs.

Getting International Exposure in ETFs Isn't Always an Easy Choice. Is SPGM or IEFA the Better Buy for 2026?

Published July 21, 2026 · Category: Finance

Overview

State Street SPDR Portfolio MSCI Global Stock Market ETF (NYSEMKT:SPGM) provides all-cap global exposure including the U.S., while iShares Core MSCI EAFE ETF (NYSEMKT:IEFA) focuses on developed international markets excluding North America.

Choosing between these two funds comes down to how much domestic exposure an investor wants in their portfolio. While the iShares fund isolates developed international stocks to complement U.S. holdings, the SPDR fund takes a "total world" approach. This analysis breaks down the differences in asset allocation and how they impact historical returns.

Details

Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield as of the close of trading on July 20th.

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.