StockComparison Logo
vs

GMF vs SPY

Comparison between STATE STREET(R) SPDR(R) S&P(R) EMERGING ASIA PACIFIC ETF (GMF, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed GMF, delivering a return of +13.3% compared to +4.6%

GMF vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
GMF
$386M
Winner
SPY
$735B
Expense Ratio
GMF
0.49%
Winner
SPY
0.09%
Max Drawdown
GMF
67.62%
Winner
SPY
56.47%
Sharpe Ratio
GMF
1.24
Winner
SPY
1.62
5Y Beta
Winner
GMF
0.76
SPY
1.00
P/E Ratio
GMF
N/A
SPY
28.99
Forward P/E
GMF
N/A
SPY
22.37
5Y Dividends CAGR
GMF
4.65%
Winner
SPY
5.43%
5Y EPS CAGR
GMF
N/A
SPY
26.05%
Debt to Equity
GMF
N/A
SPY
32.40%
P/S Ratio
GMF
N/A
SPY
3.74
P/B Ratio
GMF
N/A
SPY
5.61

GMF vs SPY - Holdings Comparison

GMF and SPY have 1 common holdings. Overlap is 0.00%

GMF's top 25 holdings weight is 41.18%. SPY's top 25 holdings weight is 52.37%.

RankGMFSPY
#1
n/a (TSM) - 16.32%
NVIDIA CORP (NVDA) - 8.10%
#2
TENCENT HOLDINGS LTD (n/a) - 3.36%
APPLE INC (AAPL) - 7.02%
#3
n/a (n/a) - 3.04%
MICROSOFT CORP (MSFT) - 4.79%
#4
MEDIATEK INC (n/a) - 2.41%
AMAZON.COM INC (AMZN) - 4.02%
#5
DELTA ELECTRONICS INC (n/a) - 1.50%
ALPHABET INC CLASS A (GOOGL) - 3.51%
#6
HON HAI PRECISION INDUSTRY CO LTD (n/a) - 1.26%
BROADCOM INC (AVGO) - 3.10%
#7
CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 1.12%
ALPHABET INC CLASS C (GOOG) - 2.79%
#8
ASE TECHNOLOGY HOLDING CO LTD (n/a) - 1.12%
META PLATFORMS INC CLASS A (META) - 2.08%
#9
RELIANCE INDUSTRIES LTD GDR 144A (RLNIY) - 0.96%
TESLA INC (TSLA) - 1.89%
#10
HDFC BANK LTD (n/a) - 0.95%
MICRON TECHNOLOGY INC (MU) - 1.56%
#11
ICICI BANK LTD ADR (IBN) - 0.79%
BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.37%
#12
n/a (n/a) - 0.74%
ELI LILLY AND CO (LLY) - 1.31%
#13
UNITED MICROELECTRONICS CORP ADR (UMC) - 0.74%
JPMORGAN CHASE & CO (JPM) - 1.28%
#14
ELITE MATERIAL CO LTD (n/a) - 0.70%
ADVANCED MICRO DEVICES INC (AMD) - 1.27%
#15
PDD HOLDINGS INC ADR (PDD) - 0.68%
EXXON MOBIL CORP (XOM) - 0.97%
#16
n/a (n/a) - 0.62%
INTEL CORP (INTC) - 0.90%
#17
XIAOMI CORP CLASS B (n/a) - 0.61%
JOHNSON & JOHNSON (JNJ) - 0.86%
#18
BHARTI AIRTEL LTD (n/a) - 0.61%
VISA INC CLASS A (V) - 0.85%
#19
UNIMICRON TECHNOLOGY CORP (n/a) - 0.56%
WALMART INC (WMT) - 0.81%
#20
CTBC FINANCIAL HOLDING CO LTD (n/a) - 0.54%
CISCO SYSTEMS INC (CSCO) - 0.72%
#21
BANK OF CHINA LTD CLASS H (n/a) - 0.52%
COSTCO WHOLESALE CORP (COST) - 0.69%
#22
MEITUAN CLASS B (n/a) - 0.52%
CATERPILLAR INC (CAT) - 0.66%
#23
ACCTON TECHNOLOGY CORP (n/a) - 0.51%
MASTERCARD INC CLASS A (MA) - 0.62%
#24
YAGEO CORP (n/a) - 0.50%
LAM RESEARCH CORP (LRCX) - 0.62%
#25
YUANTA FINANCIAL HOLDINGS CO LTD (n/a) - 0.50%
ABBVIE INC (ABBV) - 0.58%
Total Holdings1186505

GMF vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
GMF
+0.03%
Winner
SPY
+1.90%
3M
GMF
+7.80%
Winner
SPY
+8.55%
6M
Winner
GMF
+8.99%
SPY
+8.18%
1Y
GMF
+25.60%
Winner
SPY
+25.79%
5Y(CAGR)
GMF
+4.61%
Winner
SPY
+13.32%
10Y(CAGR)
GMF
+9.66%
Winner
SPY
+15.19%
Max(CAGR)
GMF
+7.13%
Winner
SPY
+8.47%

GMF vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearGMFSPY
2026+6.22%+8.26%
2025+22.11%+18.00%
2024+18.25%+25.59%
2023+6.69%+26.72%
2022-19.66%-18.64%
2021-2.58%+30.52%
2020+22.19%+17.28%
2019+20.09%+31.09%
2018-16.14%-5.24%
2017+40.53%+20.78%
2016+8.09%+13.59%
2015-8.55%+1.31%
2014+12.46%+14.56%
2013-0.45%+29.00%
2012+16.77%+14.17%
2011-20.38%+0.85%
2010+16.74%+13.14%
2009+63.86%+22.67%
2008-47.80%-36.25%
2007+42.90%+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

GMF vs SPY Drawdown Comparison

The maximum drawdown for GMF was -67.19%, occurring on Nov 20, 2008. Recovery took 1692 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current GMF drawdown is -5.08%. The current SPY drawdown is -2.90%.

RankGMFSPY
#1-67.19%
Oct 31, 2007 - Jul 24, 2014		-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-40.17%
Feb 17, 2021 - Jul 23, 2025		-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-31.24%
Jan 26, 2018 - Aug 5, 2020		-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-30.66%
Apr 27, 2015 - May 25, 2017		-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-16.46%
Jul 23, 2007 - Sep 4, 2007		-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-12.62%
Feb 25, 2026 - May 5, 2026		-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-10.51%
Sep 5, 2014 - Apr 2, 2015		-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-5.66%
Aug 28, 2020 - Oct 8, 2020		-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-5.62%
Oct 17, 2007 - Oct 26, 2007		-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-5.51%
Nov 22, 2017 - Jan 2, 2018		-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-5.47%
Oct 29, 2025 - Jan 2, 2026		-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-5.08%
Jun 2, 2026 - Jun 5, 2026		-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-5.07%
Jan 25, 2021 - Feb 8, 2021		-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-4.71%
May 6, 2026 - May 26, 2026		-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-4.48%
Oct 6, 2025 - Oct 27, 2025		-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between GMF and SPY is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95
-101

Dividend Comparison (1999 - 2026)

GMF vs SPY dividend yield comparison.

YearGMFSPY
20260.00%0.24%
20251.49%1.07%
20241.92%1.21%
20232.75%1.40%
20222.54%1.65%
20212.71%1.20%
20201.32%1.52%
20191.75%1.75%
20182.26%2.04%
20171.70%1.80%
20162.49%2.03%
20153.76%2.06%
20141.55%1.87%
20132.18%1.81%
20121.77%2.18%
20113.94%2.05%
20104.44%1.80%
20090.98%1.95%
20081.33%3.02%
20071.31%1.85%
20060.00%1.73%
20050.00%1.73%
20040.00%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

Select Stocks to Compare

Popular: GMF vs SPY

More Comparisons

Compare with similar stocks