SPGM MSCI Global Stock Market ETF - Just 1 Powerful ETF to Cover the World Markets
๐๐๐If I can only invest in just 1 ETF to cover the global markets, it would be $SPDR Portfolio MSCI Global Stock Market ETF(SPGM)$
In just 1 trade, I gain access to the best and strongest companies globally. SPGM tracks the total returns of MSCI ACWI Index which covers 99% of Global Equities.
The Top 10 holdings include Microsoft, Apple, Nvidia, Amazon, Meta Platforms, Google, TSMC, JP Morgan and Broadcom.
The Top 10 holdings weightage is 17%. Total number of holdings is 2691. The expense ratio is a low 0.09%. Distributions are paid every 6 months. The current Distribution yield is 1.91%.
US holdings take up 62% of SPGM followed by another 42 countries. These include Japan, UK, Canada, France, China, Switzerland, Taiwan, Germany, India, Australia, Brazil, Saudi Arabia, Singapore, Malaysia and many more.
6 members of the Magnificent 7 are in the Top 10 holdings. These companies have been the best performers especially in recent times due to the explosive growth in technological advances in AI.
$Microsoft(MSFT)$
$Apple(AAPL)$
$NVIDIA Corp(NVDA)$
Amazon is dominant in ECommerce and Cloud Computing. It is also into Digital Streaming and its investment in Anthropic will help to fastrack its AI growth.
$Meta Platforms, Inc.(META)$
Performance wise SPGM is up 1.57% in the past 5 days and 10.6% year todate. In 2023 SPGM has risen almost 20%. In the past 5 years SPGM has risen 56%.
Wall Street Analysts are bullish on SPGM with a Buy rating, Target price of USD 70.38, an upside potential of 15%.
I like SPGM as it offers great value for money and a wide geographical diversification from developed countries to emerging markets all nicely bundled into 1 ETF. SPGM also does the heavy lifting for me as it chooses the best global companies in different countries from the US, to Asia, Latin America and Europe.
With SPGM, investing does not have to be complicated - Just 1 ETF and you have the best stocks in 1 go.
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Good one will put it on my liist
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Great article, would you like to share it?
How about FNGU