
The State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) aims to replicate the total return performance of the MSCI ACWI IMI Index, prior to accounting for fees and expenses. This ETF is an affordable component of the SPDR Portfolio series, designed as a core investment to provide comprehensive and diversified access to global equity markets. It offers broad exposure to both established and developing markets, covering companies across the entire range of market capitalizations, which can help lessen country-specific investment risks.
Is SPGM's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

SPGM's 0.09% expense ratio dwarfs EEM's 0.72%, while delivering stronger five-year returns and lower volatility despite EEM's recent 31% one-year surge.

The Schwab International Equity ETF (SCHF) has a rock-bottom expense ratio and a higher dividend yield. The State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) offers broader diversification by combining U.S. equities and emerging markets into one portfolio.

State Street SPDR Portfolio MSCI Global Stock Market ETF provides broad exposure to both developed and emerging markets while Vanguard FTSE Emerging Markets ETF focuses only on developing economies Vanguard FTSE Emerging Markets ETF maintains a slightly lower expense ratio of 0.06% compared to the 0.09% fee for the State Street fund State Street SPDR Portfolio MSCI Global Stock Market ETF has delivered higher 1-year total returns and experienced a smaller maximum drawdown over the last five years

The State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) includes U.S. exposure, while the Vanguard FTSE Developed Markets ETF (VEA) excludes it. VEA offers a lower expense ratio and a higher dividend yield than SPGM.

State Street SPDR Portfolio MSCI Global Stock Market ETF and iShares Core MSCI Emerging Markets ETF share identical 0.09% expense ratios The iShares fund has delivered significantly higher trailing 12-month returns but also carries higher historical volatility and deeper drawdowns The State Street fund provides exposure to both developed and emerging markets while the iShares fund concentrates solely on developing economies