SPGM

SPDR Portfolio MSCI Global Stock Market ETF

$75.99
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI ACWI Index, a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets.

Overview

ETF tracking SPDR Portfolio MSCI Global Stock Market ETF

Issuer State Street
Inception Date 2012-02-28
Market Cap $1.3B
Average Volume N/A
Dividend Yield 1.69%
52-Week Range $55.50 - $77.36
VWAP $76.01

Performance

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Investment Summary

📎 Investment Objective

The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI ACWI Index, a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets.

🎯 Investment Strategy

The fund employs a passive management strategy, investing in a representative sample of securities included in the MSCI ACWI Index to seek to track the performance of the index. The fund may invest in large, mid or small-capitalization companies across developed and emerging market countries.

✨ Key Features

  • Broad global equity exposure across both developed and emerging markets
  • Passively managed to track the MSCI ACWI Index performance
  • Low expense ratio of 0.00%
  • Suitable for long-term investors seeking diversified international equity exposure

⚠️ Primary Risks

  • Equity market risk: The fund is subject to the volatility of the global equity markets
  • Currency risk: The fund's returns may be impacted by fluctuations in foreign currency exchange rates
  • Emerging markets risk: Investing in emerging markets may involve additional risks such as political, economic, and liquidity concerns
  • Tracking error risk: The fund may not perfectly track the underlying index

👤 Best For

The SPDR Portfolio MSCI Global Stock Market ETF is best suited for long-term investors seeking broad exposure to global equities, including both developed and emerging markets, as part of a diversified portfolio. It may be appropriate for investors with a moderate to high risk tolerance who are looking for cost-effective international equity exposure.