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ETFs

SPDR SSgA Global Allocation ETF of SSgA Active Trust

GAL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 25 2012
Expense Ratio
0.35%
Type
Global Diversified
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$739,492
AUM
$227,294,640
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
23.78%
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
15.71%
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
9.13%
n/a
SSI US GOV MONEY MARKET CLASS
7.70%
TIPX
SPDR Series Trust - SPDR Bloomberg 1-10 Year TIPS ETF
6.17%
SPSM
SPDR Series Trust - SPDR Portfolio S&P 600 Small Cap ETF
5.98%
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
4.62%
GLD
SSgA Active Trust - SPDR Gold Shares ETF
3.10%
EBND
SPDR Series Trust - SPDR Bloomberg Emerging Markets Local Bond ETF
3.06%
IBND
SPDR Series Trust - SPDR Bloomberg International Corporate Bond ETF
3.05%
Invest with GAL

What is GAL?

The SPDR SSgA Global Allocation ETF seeks to provide capital appreciation. The Fund invests in exchange traded funds registered under the Investment Company Act of 1940, as amended, that seek to track the performance of a market index; exchange traded commodity trusts; and exchange traded notes. The Portfolio may invest in certain ETPs that pay fees to the Adviser and its affiliates for management, marketing or other services. The Portfolio is actively managed.

ETFs related toGAL

ETFs correlated to GAL include AOA, SPDW, VEA

GAL
SSgA Active Trust - SPDR SSgA Global Allocation ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toGAL

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with GAL using Composer

FAQ

GAL is a Global Diversified ETF. The SPDR SSgA Global Allocation ETF seeks to provide capital appreciation. The Fund invests in exchange traded funds registered under the Investment Company Act of 1940, as amended, that seek to track the performance of a market index; exchange traded commodity trusts; and exchange traded notes. The Portfolio may invest in certain ETPs that pay fees to the Adviser and its affiliates for management, marketing or other services. The Portfolio is actively managed.

Yes, GAL is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, GAL is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GAL is -0.0124%. This is the percent change in the value of GAL over the most recent 1-month period. The 3-month return on GAL is -0.0132%. This is the percent change in the value of GAL over the most recent 3-month period.

The standard deviation of GAL for the past year is 0.1196%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GAL include AOR, DRSK, and FPEI.

ETFs correlated to GAL include AOA, SPDW, and VEA.

ETFs that are inversely correlated to GAL include EFZ, EPV, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.