The Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) and iShares Core MSCI EAFE ETF (IEFA) offer broad global stock exposure, but with different approaches. SPGM covers the full global equity spectrum, while IEFA excludes North America to focus on developed markets in Europe, Asia, and Australia. IEFA has a higher dividend yield and one-year return. IEFA tracks developed markets outside the U.S. and Canada, while SPGM includes the U.S., developed, and emerging markets. Investors should be aware of the risks associated with investing in IEFA, which excludes North American companies. SPGM offers more stability over the long term and has delivered a 20% higher price return over the last five years.
Read more at Nasdaq: IEFA vs. SPGM: Does This Developed Markets ETF Have the Edge Over A Global ETF?
