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SPGM - ETF AI Analysis
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SPDR Portfolio MSCI Global Stock Market ETF (SPGM)
Rating:68Neutral
Price Target:
$83.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, like Nvidia, Microsoft, and Broadcom, have delivered strong year-to-date performance, driving overall returns.
Low Expense Ratio
The ETF charges a very low expense ratio, making it a cost-effective option for investors.
Global Diversification
The fund provides exposure to multiple countries and regions, reducing reliance on any single market.
Negative Factors
Heavy U.S. Concentration
With over 68% of its holdings in U.S. companies, the ETF is highly dependent on the performance of the U.S. market.
Sector Concentration in Technology
Technology makes up over 25% of the portfolio, increasing vulnerability to downturns in this sector.
Mixed Performance Among Holdings
Some top holdings, like Amazon and Apple, have shown weaker year-to-date performance compared to others, potentially limiting upside.
SPGM vs. SPDR S&P 500 ETF (SPY)
AUM1.27B
RegionGlobal
Expense Ratio0.09%
Beta0.92
IssuerSPDR
Inception DateFeb 27, 2012
Dividend Yield1.69%
Asset ClassEquity
Index TrackedMSCI AC World IMI
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume52,653
30 Day Avg. Volume69,550
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
85.71Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering2892
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPGM Summary
The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is a fund that lets you invest in a wide range of companies from around the world, including both developed and emerging markets. It follows the MSCI World Index, which includes well-known companies like Apple and Nvidia, and covers sectors such as technology, finance, and healthcare. This ETF is a great choice for investors looking to diversify their portfolio globally and tap into growth opportunities across different regions and industries. However, since it tracks the global stock market, its value can go up and down with overall market trends, making it sensitive to economic changes worldwide.
How much will it cost me?The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) has an expense ratio of 0.09%, which means you’ll pay $0.90 per year for every $1,000 invested. This is lower than average because it’s a passively managed fund that tracks the MSCI World Index, keeping costs low.
What would affect this ETF?The SPGM ETF, with its global exposure and strong focus on technology, could benefit from continued innovation and growth in the tech sector, especially from top holdings like Nvidia, Apple, and Microsoft. However, it may face challenges from rising interest rates, which can negatively impact growth stocks, and geopolitical tensions that could disrupt global markets, particularly in emerging economies. Additionally, regulatory changes in major markets like the U.S. or China could influence the performance of key holdings and sectors.
SPGM Top 10 Holdings
The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) leans heavily on tech titans like Nvidia, Apple, and Microsoft, which are driving performance with steady gains fueled by AI advancements and cloud growth. Nvidia, in particular, shines as a leader in AI infrastructure, while Broadcom’s focus on semiconductors adds momentum. However, Amazon and Meta are holding the fund back with mixed results, as AWS margins and regulatory hurdles weigh on their outlook. With a strong tilt toward technology and global exposure, this ETF is riding the wave of innovation but faces challenges from lagging names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 4.86% | $61.84M | $4.83T | 42.01% | 85 Outperform | |
| Apple | 3.85% | $48.96M | $3.99T | 20.85% | 80 Outperform | |
| Microsoft | 3.59% | $45.69M | $3.82T | 25.00% | 82 Outperform | |
| Amazon | 2.24% | $28.48M | $2.67T | 24.97% | 76 Outperform | |
| Broadcom | 1.57% | $20.03M | $1.66T | 102.38% | 76 Outperform | |
| Alphabet Class A | 1.49% | $19.03M | $3.35T | 63.51% | 80 Outperform | |
| Alphabet Class C | 1.47% | $18.72M | $3.35T | 62.22% | 86 Outperform | |
| Meta Platforms | 1.36% | $17.36M | $1.58T | 9.59% | 71 Outperform | |
| Tesla | 1.28% | $16.29M | $1.48T | 76.69% | 73 Outperform | |
| TSMC | 1.27% | $16.11M | $1.26T | 50.21% | 81 Outperform |
SPGM Technical Analysis
Positive
―
Price Trends
74.68
Positive
72.26
Positive
67.91
Positive
Market Momentum
0.60
Positive
51.84
Neutral
53.73
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPGM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 75.83, equal to the 50-day MA of 74.68, and equal to the 200-day MA of 67.91, indicating a bullish trend. The MACD of 0.60 indicates Positive momentum. The RSI at 51.84 is Neutral, neither overbought nor oversold. The STOCH value of 53.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPGM.
SPGM Peer Comparison
Comparison Results
Performance Comparison
SPGM
SPDR Portfolio MSCI Global Stock Market ETF
75.88
12.13
19.03%
JGLO
JPMorgan Global Select Equity ETF
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CGDG
Capital Group Dividend Growers ETF
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ACWV
iShares MSCI Global Min Vol Factor ETF
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BDYN
iShares Dynamic Equity Active ETF
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KLMT
Invesco MSCI Global Climate 500 ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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