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SPGM vs GAL

State Street SPDR Portfolio MSCI Global Stock Market ETF vs State Street Global Allocation ETF

SPGM

State Street SPDR Portfolio MSCI Global Stock Market ETF

Annual cost

0.09%

Fund size

$1.7B

GAL

State Street Global Allocation ETF

Annual cost

0.35%

Fund size

$306M

Key differences

SPGM is an equity ETF, while GAL is an alternative ETF. SPGM charges 0.09% a year and GAL 0.35%.

  • SPGM is an equity fund, while GAL is an alternative fund. They carry different risk/return profiles.
  • SPGM follows a index tracking strategy; GAL uses tactical allocation.
  • SPGM costs 0.26% less per year.
  • SPGM is much larger than GAL. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, SPGM has delivered higher annualized returns.

Side-by-side comparison

SPGMGAL
Annual cost (TER)0.09%0.35%
Fund size (AUM)$1.7B$306M
Since20122012
Dividend yield1.67%3.11%
Asset classequityalternative
Regionglobal
Strategyindex trackingtactical allocation
CAGR 1Y+28.1%+17.3%
CAGR 3Y+21.6%+14.0%
CAGR 5Y+11.1%+6.8%
Sharpe 3Y1.181.05
Volatility 1Y13.27%8.99%
Max drawdown-33.97%-28.31%

Similar to SPGM and GAL