SDEM


MSCI SuperDividend® Emerging Markets ETF

Reasons to Consider SDEM

High Income Potential

SDEM accesses 50 of the highest yielding stocks in the emerging markets, potentially increasing a portfolio’s yield.

Monthly Distributions

SDEM has made monthly distributions 8 years running.

Value with Growth

Investing in high dividend yielding securities in the emerging market space combines a value-oriented investment approach with exposure to markets that are expected to grow at a faster pace than developed markets.

Key Information As of 05/26/23

Inception Date 03/16/15
Total Expense Ratio 0.67%
Net Assets $42.06 million
NAV $22.87
Fact Sheet

ETF Summary

The Global X MSCI SuperDividend® Emerging Markets ETF (SDEM) invests in 50 of the highest dividend yielding equities in the Emerging Markets.

ETF Objective

The Global X MSCI SuperDividend® Emerging Markets ETF (SDEM) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Emerging Markets Top 50 Dividend Index.

Trading Details As of 05/25/23

Ticker SDEM
Bloomberg Index Ticker M1CXGXD
CUSIP 37960A677
ISIN US37960A6771
Primary Exchange NYSE Arca
Shares Outstanding 1,839,181
Number of Holdings 54
30-Day Median Bid-Ask Spread 0.17%

Distributions As of 05/26/23

30-Day SEC Yield 7.85%
12-Month Trailing Yield 8.30%
Distribution Yield 7.72%
Distribution Frequency Monthly

ETF Prices As of 05/26/23

NAV $22.87 Daily Change $0.13 0.57%
Market Price $22.90 Daily Change $0.31 1.37%

Performance History

As of recent
(03/31/23)
As of recent
(03/31/23)
Fund NAV Market Price Index
1 Year -17.51% -18.05% -15.62%
3 Years 2.87% 2.83% 3.61%
5 Years -7.64% -7.95% -6.86%
Since Inception -1.32% -1.39% -0.20%
1 Year -10.41% -10.32% -10.26%
3 Years 0.61% 0.93% 1.34%
5 Years -7.07% -6.96% -6.29%
Since Inception -1.30% -1.31% -0.18%
Year-to-Date 1.20% 1.12% 1.35%
1 Month -0.56% -0.53% -0.46%
3 Months 1.20% 1.12% 1.35%
Since Inception -10.17% -10.63% -1.60%
Year-to-Date 1.25% 1.64% 1.46%
1 Month 0.04% 0.51% 0.11%
3 Months -5.41% -5.91% -5.29%
Since Inception -10.13% -10.18% -1.49%

The Fund's name, investment objective and investment strategies changed effective November 16, 2016. Fund performance prior to November 16, 2016, will reflect the investment objective and strategies of the Fund when it was the Global SuperDividend Emerging Markets ETF. The Hybrid SuperDividend Index (noted as "Index" above in the chart) consists of the INDXX SuperDividend Emerging Markets Index from the inception of the Fund through November 15, 2016, and the MSCI Emerging Markets Top 50 Dividend Index going forward.

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 05/26/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.04 2301 TT LITE-ON TECHNOLOGY CORP 6519481 2.71 471,610 1,277,917.90
3.04 386 HK SINOPEC CORP-H 6291819 0.64 1,993,600 1,277,353.36
2.97 COAL IN COAL INDIA LTD B4Z9XF5 2.92 427,108 1,249,182.76
2.82 CMPC CI EMPRESAS CMPC SA 2196015 1.81 654,871 1,184,173.26
2.76 2324 TT COMPAL ELECTRONICS 6225744 0.90 1,292,600 1,158,405.74
2.69 1336 HK NEW CHINA LIFE-H B5730Z1 2.67 423,500 1,132,417.98
2.62 3034 TT NOVATEK 6346333 13.55 81,200 1,100,135.00
2.58 1171 HK YANKUANG ENRGY-H 6109893 3.11 348,900 1,086,576.00
2.57 1088 HK CHINA SHENHUA ENERGY CO-H B09N7M0 3.43 314,764 1,078,694.98
2.52 CMIG4 BZ Cia Energetica de Minas G B1YBRG0 2.40 441,550 1,060,407.55
2.44 3988 HK BANK OF CHINA LTD-H B154564 0.40 2,586,500 1,026,696.75
2.31 1102 TT ASIA CEMENT CORP 6056331 1.43 679,100 969,779.94
2.30 3328 HK BANKCOMM-H B0B8Z29 0.65 1,499,380 968,348.19
2.26 GGBR4 BZ GERDAU SA 2645517 4.98 190,710 950,266.33
2.25 EAST EY EASTERN CO SAE 6298177 0.57 1,651,792 944,033.87
2.23 998 HK CITIC BANK-H B1W0JF2 0.54 1,739,900 939,364.12
2.20 005940 KS NH INVESTMENT & 6537085 7.31 126,645 925,609.57
2.16 BBAJIOO MM BANCO DEL BAJIO SA BYSX0F3 3.26 278,740 907,540.26
2.11 2454 TT MEDIATEK INC 6372480 23.75 37,400 888,115.41
2.05 VEDL IN VEDANTA LTD 6136040 3.38 254,848 861,568.88
1.99 2357 TT ASUSTEK COMPUTER INC 6051046 10.04 83,500 837,947.07
1.94 VALE3 BZ VALE SA 2196286 13.24 61,435 813,491.75
1.92 270 HK GUANGDONG INVESTMENT LTD 6913168 0.87 925,200 808,901.26
1.88 EREGL TI EREGLI B03MS97 1.60 495,307 792,292.88
1.88 1303 TT NAN YA PLASTICS CORP 6621580 2.56 308,800 791,550.18
1.87 BBAS3 BZ BANCO DO BRASIL S.A. 2328595 8.86 88,800 787,087.89
1.84 071050 KS KOREA INVESTMENT 6654586 41.00 18,866 773,471.10
1.77 148 HK KINGBOARD HOLDINGS LTD 6491318 2.89 257,100 743,258.01
1.75 000937 C2 JIZHONG ENERGY-A BD5CJ93 1.04 704,700 734,872.65
1.72 KIO SJ KUMBA IRON ORE LTD B1G4262 22.64 31,999 724,393.16
1.72 2615 TT WAN HAI LINES LTD 6932334 1.92 377,600 723,472.83
1.72 601919 C1 COSCO SHIPPING-A BP3R552 1.55 465,000 722,429.75
1.72 900932 CH SHANG LUJIAZUI-B 6798666 0.67 1,072,900 722,061.70
1.70 2002 TT CHINA STEEL CORP 6190950 0.95 751,400 713,721.84
1.69 ARI SJ AFRICAN RAINBOW 6041122 10.82 65,662 710,294.32
1.65 000825 C2 SHANXI TAIGANG-A BD5CLM0 0.56 1,228,200 693,397.57
1.62 960 HK LONGFOR GROUP HO B56KLY9 2.01 338,800 679,775.11
1.61 3323 HK CHINA NATL BDG-H B0Y91C1 0.60 1,130,400 678,108.71
1.58 EXX SJ EXXARO RESOURCES LTD 6418801 8.35 79,738 665,950.45
1.58 CPFE3 BZ CPFL ENERGIA SA B031NN3 6.34 105,008 665,569.50
1.57 JBSS3 BZ JBS SA B1V74X7 3.27 201,348 659,201.92
1.57 KOMB CP KOMERCNI BANKA AS 4519449 30.34 21,685 657,896.35
1.54 CSNA3 BZ SID NACIONAL B019KX8 2.49 259,551 647,161.15
1.53 AMS SJ ANGLO AMERICAN P 6761000 56.02 11,482 643,232.32
1.43 VAPORES CI CIA SUD AMERICAN 2196338 0.08 7,796,265 599,548.78
1.39 SSW SJ SIBANYE STILLWATER LTD BL0L913 1.76 332,565 586,227.78
1.33 1378 HK CHINA HONGQIAO GROUP LTD B44ZV94 0.76 741,900 560,578.44
1.27 000830 C2 LUXI CHEMICAL-A BD5C7W2 1.50 357,136 535,143.09
1.24 ADRO IJ ADARO ENERGY IND B3BQFC4 0.14 3,717,200 519,488.33
1.05 2603 TT EVERGREEN MARINE CORP LTD 6324500 4.96 89,120 442,099.44
0.92 CASH 1.00 388,581 388,581.06
0.12 NEW RUSSIAN ROUBLE 0.01 4,136,606 51,772.29
0.00 MALAYSIAN RINGGIT 0.21 0 0.09
0.00 CHILEAN PESO 0.00 5 0.01
0.00 INDIA RUPEE 0.02 1 0.01
0.00 ALRS RM ALROSA PJSC B6QPBP2 0.00 1,194,381 0.01
0.00 PHOR LI PHOSAGRO PJSC-GDR REG S B62QPJ1 0.00 42 0.01
0.00 CHMF RM SEVERSTAL PJSC B5B9C59 0.00 71,665 0.01
0.00 CZECH REPUBLIC KORUNA 0.00 0 0.00
0.00 HONG KONG DOLLAR 0.00 0 0.00
0.00 INDONESIA RUPIAH 0.00 -3 0.00
0.00 KOREAN WON 0.00 -1 0.00
0.00 PAKISTAN RUPEE 0.00 0 0.00
0.00 POLISH ZLOTY 0.00 0 0.00
0.00 SOUTH AFRICAN RAND 0.00 0 0.00
0.00 THAILAND BAHT 0.00 0 0.00
0.00 SNGSP RM Surgutneftegas PJSC B5BHR47 0.00 3,166,303 0.00
0.00 MEXICAN PESO 0.07 0 -0.02
0.00 UAE DIRHAM 0.27 -1,050 -285.92
-0.02 BRAZILIAN REAL 0.20 -47,385 -9,459.55
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 04/30/23

Sector Weight (%)
Materials 33.8
Energy 18.0
Financials 17.4
Information Technology 11.9
Industrials 6.0
Utilities 5.7
Real Estate 3.7
Consumer Staples 3.5

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/23

Country Weight (%)
China 31.7
Taiwan 19.7
Brazil 13.5
South Africa 8.9
India 4.8
Chile 4.2
Hong Kong 3.9
South Korea 3.8
Egypt 2.1
Mexico 2.1
Turkey 1.9
Other/Cash 3.4

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/23

Return on Equity 15.00%
Weighted Avg. Market Cap 6,771 M
2022 2023
Price-to-earnings 4.74 6.02
Price-to-book value 0.92 0.88

Source: AltaVista Research, LLC

ETF Risk Stats As of 04/30/23

Versus Beta
S&P 500 -0.74
NASDAQ-100 -0.83
MSCI EAFE 0.70
MSCI Emg. Mkts 0.51
Standard Deviation 113.50%

Source: AltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. High yielding stocks are often speculative, high-risk investments. These companies can be paying out more than they can support and may reduce their dividends or stop paying dividends at any time, which could have a material adverse effect on the stock price of these companies and the Fund’s performance. SDEM is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.

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