Dividend comparison

VT vs SPGM: Which Is Better?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Vanguard Total World Stock ETF and State Street SPDR Portfolio MSCI Global Stock Market ETF, side by side. Updated October 21, 2026.

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VT vs SPGM: key differences
The short answer, from the latest data on this page.
  • Fees. VT is cheaper at 0.06% a year versus 0.09% for SPGM. On $10,000 that is $3 a year less in fees.
  • Income. SPGM pays more income, yielding 1.78% over the last twelve months versus 1.53% for VT. That is about $26 more a year on $10,000. VT pays annual, SPGM pays semi-annual.
  • Performance. Over the last 5 years, SPGM returned 66.8% versus 60.7% for VT, with dividends reinvested. $10,000 would have grown to $16,684 in SPGM and $16,069 in VT.
  • Risk. Their worst declines over the last 5 years were similar: -26.4% for VT and -25.9% for SPGM from peak to trough.
  • Diversification. VT holds 9,773 positions and SPGM holds 2,865. The ten largest positions make up 22.3% of VT and 22.2% of SPGM.
  • Overlap. At least 37% of the two portfolios overlap by weight, across 66 shared holdings.
  • Dividend growth. VT grew its yearly payout 7.1% a year over the last 4 years, versus 6.6% for SPGM.
  • Size. VT is the larger fund with $101.2 billion in assets, against $1.8 billion for SPGM.

Bottom line: VT fits better if you care most about lower fees and broader diversification. SPGM fits better if you care most about more income today and stronger 5-year returns.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricVT
Vanguard Total World Stock ETF
SPGM
State Street SPDR Portfolio MSCI Global Stock Market ETF
Dividend yield (TTM)1.53%1.78%
Dividend / share (TTM)$2.41$1.54
Payout frequencyAnnualSemi-annual
Last dividend$0.4084 on Sep 22, 2026$0.6675 on Jun 5, 2026
Ex-dividend dateSep 18, 2026Jun 1, 2026
Dividend growth (CAGR)7.1% over 4 yrs6.6% over 4 yrs
Price$157.80$86.34
Dividend growth streak—3 years
Beta0.930.93
Max drawdown (5Y)-26.4%-25.9%
Market cap$101.30B$1.80B
ExchangeAMEXAMEX
Expense ratio0.06%0.09%
Assets under management$101.20B$1.81B
Number of holdings97732865
Top 10 concentration22.3%22.2%
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

VT

$12.75/mo

$153 /yr at 1.53% yield

SPGM

$14.87/mo

$178 /yr at 1.78% yield

Dividend history
Total dividends paid per share in each calendar year. VT pays annual; SPGM pays semi-annual.
YearVTSPGM
2025$2.5732$1.4487
2024$2.2939$1.2563
2023$2.1419$1.1570
2022$1.8957$1.1053
2021$1.9550$1.1210
Strategy: Broad index
Low-cost funds that hold an entire market or index at market-cap weights and make no attempt to select securities. Return is the index return less a small fee, and dividends are a by-product of what the underlying companies choose to pay rather than an objective of the strategy. Differences between funds tracking the same index usually come down to fee, wrapper structure, share price and trading liquidity, not to holdings.

Current income is low and outside your control, so these need pairing with something else if the portfolio has to produce cash today.

What VT vs SPGM actually do

VT
One fund holding the whole global stock market, around ten thousand companies across developed and emerging markets including the US.

It tracks the FTSE Global All Cap Index at market-cap weights, so US companies make up the majority of the fund simply because they are the majority of world market value, with the remainder spread across developed international and emerging markets. Weights shift as those markets grow or shrink relative to each other, so the allocation decision is made by the market rather than by you. Holding non-US companies brings currency exposure and foreign withholding tax, and the headline yield is usually a little higher than a US-only fund because many international companies pay out more of their earnings.

Suits an investor who wants a single, permanently self-rebalancing global equity holding and no home-country judgment call. Not for someone who wants to control their US weighting deliberately, and not an income fund.

Core holding, global

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $16,069 in VT and $16,684 in SPGM.
PeriodVTSPGM
1 month-0.47%-0.60%
3 months1.95%2.44%
Year to date11.87%13.43%
1 year13.16%15.89%
3 years80.78%86.44%
5 years60.69%66.84%
  • VT
  • SPGM
69124178202120222023202420252026161167

Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.

Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
  • VT
  • SPGM
0%8%16%24%32%Technology31.9%29.4%Financial Services15.6%14.2%Industrials10.5%8.9%Healthcare8.5%8.0%Consumer Cyclical8.1%7.5%Communication Services7.2%7.0%Cash & Others1.6%10.8%Energy3.9%4.5%Consumer Defensive4.3%3.9%Basic Materials4.1%3.0%Other4.3%2.9%
VT vs SPGM holdings overlap
At least 37% overlap by weight, with 66 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
Largest shared holdingsVT weightSPGM weight
NVDANVIDIA Corp4.52%4.35%
AAPLApple Inc4.08%4.36%
MSFTMicrosoft Corp3.23%3.26%
AMZNAmazon.com Inc2.05%2.00%
GOOGLAlphabet Inc1.72%1.73%
METAMeta Platforms Inc1.35%1.35%
GOOGAlphabet Inc1.35%1.44%
AVGOBroadcom Inc1.39%1.27%
TSLATesla Inc0.88%0.86%
MUMicron Technology Inc1.02%0.85%
Top 10 holdings
Largest positions by portfolio weight.

VT9773 holdings total

NameWeight
NVDANVIDIA Corp4.52%
AAPLApple Inc4.08%
MSFTMicrosoft Corp3.23%
AMZNAmazon.com Inc2.05%
GOOGLAlphabet Inc1.72%
2330.TWTaiwan Semiconductor Manufacturing Co Ltd1.62%
AVGOBroadcom Inc1.39%
METAMeta Platforms Inc1.35%
GOOGAlphabet Inc1.35%
MUMicron Technology Inc1.02%

SPGM2865 holdings total

NameWeight
AAPLAPPLE INC4.36%
NVDANVIDIA CORP4.35%
MSFTMICROSOFT CORP3.26%
AMZNAMAZON.COM INC2.00%
GOOGLALPHABET INC CL A1.73%
TSMTAIWAN SEMICONDUCTOR SP ADR1.49%
GOOGALPHABET INC CL C1.44%
METAMETA PLATFORMS INC CLASS A1.35%
AVGOBROADCOM INC1.27%
JPMJPMORGAN CHASE + CO0.91%

Quick verdict

VT fits better if you care most about lower fees and broader diversification. SPGM fits better if you care most about more income today and stronger 5-year returns. Model the holding inside your real portfolio before deciding.

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Frequently asked questions

Is VT or SPGM better for dividend income?
It depends on your goals. VT currently yields 1.53% Trailing Twelve Months (TTM) while SPGM yields 1.78%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between VT and SPGM?
Vanguard Total World Stock ETF (VT) is an ETF listed on AMEX. State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, VT or SPGM?
VT has the lower expense ratio. VT charges 0.06% a year and SPGM charges 0.09%, a difference of $3 a year on a $10,000 investment.
Which has performed better, VT or SPGM?
Over the last 5 years, SPGM has the higher total return with dividends reinvested: VT returned 60.7% and SPGM returned 66.8%. Past performance does not predict future returns.
Which is riskier, VT or SPGM?
Measured by the worst peak-to-trough decline over the last five years, VT has been riskier: VT fell as much as 26.4% and SPGM as much as 25.9%. Their betas are 0.93 and 0.93.
How much do VT and SPGM overlap?
At least 37% of the two portfolios overlap by weight, across 66 shared holdings. The largest shared positions are NVDA, AAPL, MSFT. Holding both still adds meaningful diversification.
How often do VT and SPGM pay dividends?
VT pays annual and SPGM pays semi-annual.
How much income does $10,000 in VT vs SPGM generate?
At current TTM yields, $10,000 in VT would generate roughly $12.75 per month ($153 annually). The same amount in SPGM would produce about $14.87 per month ($178 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both VT and SPGM?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare VT vs SPGM with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how VT and SPGM fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.

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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.