SPGM vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7860 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricSPGMVXUSWinner
Expense Ratio0.09%0.05%
AUM$1.7B$156.5B
Dividend Yield1.80%2.60%
Holdings2,9858,747
YTD Return+13.98%+13.65%
1Y Return+27.40%+28.53%
3Y Return (annualized)+20.35%+18.64%
5Y Return (annualized)+11.50%+9.00%
Volatility (annualized)13.6%15.1%
Max Drawdown-34.0%-39.9%
Fund FamilySPDR State Street Global AdvisorsVanguard (US)
CategoryEquityEquity
InceptionFeb 27, 2012Jan 26, 2011

SPGM vs VXUS Performance

State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is a ETF from SPDR State Street Global Advisors and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year SPGM returned +27.40% while VXUS returned +28.53%. Year to date, SPGM is up 13.98% versus a gain of 13.65% for VXUS.

Over three years, SPGM compounded at +20.35% per year against +18.64% for VXUS; over five years the annualized figures are +11.50% and +9.00% respectively. Across the full 14-year window we track, SPGM has the edge at +9.87% annualized vs +4.81%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VXUS has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.6% for SPGM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -34.0% for SPGM and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

SPGM charges 0.09% per year while VXUS charges 0.05%. On a $10,000 position that is $9 vs $5 annually, a gap of $4 per year that compounds over a long holding period. On income, SPGM currently yields 1.80% against 2.60% for VXUS.

Holdings Overlap

20.7%overlap

SPGM and VXUS share 1448 holdings out of 9255 unique holdings combined, representing a 20.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPGMWeight in VXUSDifference
0700:HK0.48%0.92%0.44%
000660:KR0.36%0.90%0.54%
ROG:SM0.28%0.75%0.47%
NOVN:SMProProPro
HSBA:LNProProPro
9988:HKProProPro
AZN:LNProProPro
SHELProProPro
NESN:SMProProPro
RY:CAProProPro
See all 10 holdings SPGM shares with VXUS
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, SPGM or VXUS?

SPGM has an expense ratio of 0.09% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $4 per year of difference.

Which performed better, SPGM or VXUS?

Over the past year SPGM returned +27.40% vs +28.53% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (14 years), SPGM annualized +9.87% vs +4.81% for VXUS. Past performance does not guarantee future results.

Which is riskier, SPGM or VXUS?

VXUS has been the more volatile fund at 15.1% annualized versus 13.6% for SPGM. Worst drawdown: SPGM -34.0% vs VXUS -39.9%.

Should I hold both SPGM and VXUS?

SPGM and VXUS have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between SPGM and VXUS?

SPGM and VXUS share 1448 common holdings with a 20.7% weight overlap. Combined, they hold 9255 unique securities.

Which pays a higher dividend, SPGM or VXUS?

SPGM yields 1.80% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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