State Street vs. iShares: Which Global ETF Offers Better Value?

State Street's SPDR Portfolio MSCI Global Stock Market ETF (SPGM) offers a lower expense ratio of 0.09% and higher dividend yield of 1.8% compared to iShares MSCI World ETF (URTH) at 0.24% and 1.4% respectively. SPGM provides broader exposure including emerging markets and small-caps, while URTH focuses on developed markets only. Both funds show similar five-year performance and risk profiles, but URTH has significantly larger assets under management ($8.1B vs $1.9B), providing better liquidity.