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 9 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 05/28/24

Inception Date 03/16/15
Total Expense Ratio 0.68%
Net Assets $49.00 million
NAV $27.54
Fact Sheet View the document

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 05/28/24

Ticker SDEM
Bloomberg Index Ticker M1CXGXD
CUSIP 37960A677
ISIN US37960A6771
Primary Exchange NYSE Arca
Shares Outstanding 1,779,181
Number of Holdings 55
30-Day Median Bid-Ask Spread 0.15%

Distributions As of 05/28/24

30-Day SEC Yield 6.27%
12-Month Trailing Yield 7.01%
Distribution Yield 6.20%
Distribution Frequency Monthly

ETF Prices As of 05/28/24

NAV $27.54 Daily Change $0.21 0.77%
Market Price $27.42 Daily Change $0.22 0.81%

Performance History

As of recent
(03/31/24)
As of recent
(03/31/24)
Fund NAV Market Price Index
1 Year 14.12% 14.53% 16.45%
3 Years -3.94% -4.30% -3.07%
5 Years -2.92% -2.89% -1.87%
Since Inception 0.27% 0.26% 1.52%
1 Year 17.11% 16.35% 18.97%
3 Years -3.14% -3.41% -2.39%
5 Years -2.12% -2.23% -1.20%
Since Inception 0.56% 0.48% 1.75%
Year-to-Date 1.91% 2.78% 3.07%
1 Month -2.97% -2.41% -2.05%
3 Months 1.91% 2.78% 3.07%
Since Inception 2.52% 2.36% 14.58%
Year-to-Date 4.63% 4.95% 5.42%
1 Month 2.67% 2.11% 2.28%
3 Months 5.01% 5.38% 5.72%
Since Inception 5.25% 4.51% 17.19%

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 05/28/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.74 AKBNK TI AKBANK T.A.S. B03MN70 2.17 1,075,699 2,332,337.97
3.92 YKBNK TI YAPI VE KREDI BANKASI B03MZJ6 1.09 1,770,886 1,929,725.27
3.34 COAL IN COAL INDIA LTD B4Z9XF5 5.86 280,356 1,643,685.59
2.96 2454 TT MEDIATEK INC 6372480 40.73 35,800 1,458,203.13
2.91 TUPRS TI TUPRAS B03MYT9 5.82 245,938 1,432,426.03
2.73 JBSS3 BZ JBS SA B1V74X7 5.61 238,948 1,340,830.29
2.65 VEDL IN VEDANTA LTD 6136040 5.47 238,175 1,302,748.28
2.52 601168 C1 WESTERN MINING CO -A BP3R7X4 2.72 455,400 1,238,885.12
2.49 601225 C1 SHAANXI COAL I-A BS7K5P8 3.62 337,600 1,223,782.86
2.48 PFBCOLO CB PFBCOLO BJ62LW1 8.94 136,443 1,220,013.87
2.29 2603 TT EVERGREEN MARINE CORP LTD 6324500 6.79 165,920 1,127,233.49
2.27 601699 C1 SHANXI LU'AN -A BP3R682 3.17 351,900 1,116,227.74
2.25 1088 HK CHINA SHENHUA ENERGY CO-H B09N7M0 4.82 229,364 1,105,634.03
2.23 601919 C1 COSCO SHIPPING-A BP3R552 2.14 514,200 1,099,397.13
2.18 939 HK CHINA CONSTRUCTION BANK-H B0LMTQ3 0.75 1,433,400 1,071,769.54
2.09 000983 C2 Shanxi Coking Coal BD5CKB2 1.54 668,600 1,028,183.46
2.05 CMPC CI EMPRESAS CMPC SA 2196015 2.23 453,047 1,009,575.49
1.97 BBAS3 BZ BANCO DO BRASIL S.A. 2328595 5.30 183,400 971,184.79
1.97 MONET CP MONETA MONEY BANK AS BD3CQ16 4.27 227,179 968,985.28
1.96 3988 HK BANK OF CHINA LTD-H B154564 0.49 1,955,900 966,618.53
1.96 NRP SJ NEPI ROCKCASTLE N.V. BLF9GQ6 7.12 135,288 963,806.80
1.92 3328 HK BANKCOMM-H B0B8Z29 0.78 1,202,180 943,520.06
1.89 600256 C1 GUANGHUI ENERGY CO LTD-A BP3R3N6 1.12 830,700 928,648.39
1.86 998 HK CITIC BANK-H B1W0JF2 0.64 1,434,300 916,350.68
1.86 CHILE CI BANCO DE CHILE 2100845 0.12 7,570,709 914,389.81
1.84 1171 HK YANKUANG ENRGY-H 6109893 2.55 355,350 904,469.37
1.78 PKN PW ORLEN SA 5810066 16.58 52,822 875,713.64
1.78 BBAJIOO MM BANCO DEL BAJIO SA BYSX0F3 3.55 246,440 874,450.26
1.76 CMIG4 BZ Cia Energetica de Minas G B1YBRG0 1.98 438,085 866,973.79
1.74 IQCD QD INDUSTRIES QATAR 6673570 3.19 267,650 854,186.49
1.72 000408 C2 ZANGGE MINING CO LTD-A BQ3RQ45 3.67 231,200 848,592.22
1.70 ADRO IJ ADARO ENERGY IND B3BQFC4 0.17 5,009,700 837,544.62
1.68 000937 C2 JIZHONG ENERGY-A BD5CJ93 1.12 737,400 828,408.15
1.66 EAST EY EASTERN CO SAE 6298177 0.54 1,511,961 816,331.88
1.60 SOL SJ SASOL LTD 6777450 6.86 114,931 788,179.08
1.60 CSNA3 BZ SID NACIONAL B019KX8 2.58 304,951 786,737.70
1.59 688303 C1 XINJIANG DAQO -A BNRLFT0 3.44 226,931 781,373.34
1.59 600546 C1 SHANXI COAL -A BP3RC95 2.18 357,900 780,491.08
1.53 PETR4 BZ PETROLEO BRASILEIRO SA 2684532 7.33 102,800 753,193.84
1.49 FUNO11 MM TRUST FIBRA UNO B671GT8 1.47 499,900 734,206.65
1.44 CEZ CP CEZ AS 5624030 41.26 17,213 710,293.75
1.40 ENELCHIL CI ENEL CHILE SA BYMLZD6 0.06 11,336,272 686,997.03
1.35 322 HK TINGYI 6903556 1.28 522,000 665,657.77
1.35 OPAP GA OPAP SA 7107250 16.07 41,253 663,041.11
1.35 BELA GA JUMBO SA 7243530 29.19 22,705 662,696.23
1.27 BBSE3 BZ BB SEGURIDADE PA B9N3SQ0 6.28 99,700 626,319.65
1.16 VAPORES CI CIA SUD AMERICAN 2196338 0.07 8,314,943 569,770.47
1.15 SQM/B CI SQM/B 2718301 49.33 11,483 566,460.55
1.08 270 HK GUANGDONG INVESTMENT LTD 6913168 0.60 892,400 533,577.62
1.00 ASII IJ ASTRA INTERNATIO B800MQ5 0.28 1,751,800 491,026.60
0.44 MESM4 Index MSCI EMGMKT JUN24 54,380.00 4 217,520.00
0.24 CHILEAN PESO 0.00 107,876,915 120,197.12
0.19 CASH 1.00 94,023 94,023.30
0.10 NEW RUSSIAN ROUBLE 0.01 4,136,606 46,754.52
0.00 EURO 1.00 0 0.04
0.00 BRAZILIAN REAL 0.17 0 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 KOREAN WON 0.00 -1 0.00
0.00 SNGSP RM Surgutneftegas PJSC B5BHR47 0.00 3,166,303 0.00
0.00 CHINESE YUAN RENMINBI 0.25 0 -0.01
0.00 UAE DIRHAM 0.27 -1,050 -285.87
-0.02 OTHER PAYABLE & RECEIVABLES 1.00 -11,985 -11,984.69
-0.03 MEXICAN PESO 0.06 -239,684 -14,327.47
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 04/30/24

Sector Weight (%)
Financials 26.3
Energy 23.6
Materials 19.8
Industrials 10.4
Consumer Staples 5.1
Utilities 4.9
Consumer Discretionary 4.1
Real Estate 3.4
Information Technology 2.3
Other 0.1

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Coal 15.3
Regional Banks 15.0
Major Banks 9.7
Oil Refining/Marketing 6.3
Other Metals/Minerals 5.5
Electric Utilities 5.2
Chemicals: Specialty 4.6
Steel 3.9
Semiconductors 2.9
Food: Meat/Fish/Dairy 2.9
Electrical Products 2.5
Other 26.2

Source: new windowAltaVista Research, LLC

Country Weight (%)
China 33.2
Turkey 11.6
Brazil 11.0
Chile 7.9
India 5.8
Taiwan 4.6
Mexico 3.6
Czech Republic 3.4
Indonesia 3.1
Greece 3.1
Colombia 2.4
Other 10.3

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 05/28/24

Return on Equity 16.40%
Weighted Avg. Market Cap 21,124 M
2023 2024
Price-to-earnings 6.86 6.52
Price-to-book value 1.13 1.02

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 04/30/24

Versus Beta
S&P 500 0.61
NASDAQ-100 0.40
MSCI EAFE 0.85
MSCI Emg. Mkts 0.90
Standard Deviation 18.40%

Source: new windowAltaVista 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.