Which Global ETF is the Right Choice? SPGM and SPDW Offer Differing Approaches
SPDW offers lower costs and higher dividend yield, while SPGM delivers broader diversification with less volatility over five years.
Overview
State Street SPDR Portfolio MSCI Global Stock Market ETF (NYSEMKT:SPGM) offers all-in-one exposure to the global equity market, while State Street SPDR Portfolio Developed World ex-US ETF (NYSEMKT:SPDW) focuses solely on developed markets outside the United States.
Expanding a portfolio into international markets could help diversify away from country-specific risks, and both of these ETFs provide low-cost access to companies abroad. While one fund serves as a total global equity solution, including the United States, the other acts as a building block specifically for developed international economies.
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.
Source
Originally published at www.fool.com.