Vanguard's VT vs. State Street's SPGM: Which Global Stock ETF Is the Better Buy?
SPGM has delivered slightly higher one- and five-year returns, while VT offers lower costs and deeper diversification.
Overview
Global equity ETFs offer a one-stop shop for worldwide exposure. Investors looking for the ultimate in diversification may favor the Vanguard Total World Stock ETF (NYSEMKT:VT), while State Street SPDR Portfolio MSCI Global Stock Market ETF (NYSEMKT:SPGM) offers slightly higher recent returns. Here's how these two heavyweights stack up for long-term investors.
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.
Details
VT is the slightly cheaper option, with an expense ratio of 0.06% versus 0.09% for SPGM. However, SPGM carries a modestly higher dividend yield of 1.81% compared to VT's 1.59%.
Source
Originally published at www.fool.com.