Better Global ETF Buy: Can Investors Earn More with IEFA or SPGM?

2026-02-23 10:54:18 ET

Both the State Street SPDR Portfolio MSCI Global Stock Market ETF (NYSEMKT:SPGM) and the iShares Core MSCI EAFE ETF (NYSEMKT:IEFA) aim to provide diversified international equity exposure, but their approaches differ. SPGM tracks the entire global market, including the U.S. and emerging markets, while IEFA zeroes in on developed markets outside the U.S. and Canada.

This comparison highlights how cost, performance, risk, and sector makeup set them apart for investors seeking global diversification.

Beta measures price volatility relative to the S&P 500. The 1-yr return represents total return over the trailing 12 months.

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