Global X SuperDividend US ETF
ALTAR
Score™
14.7% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
7.0x P/Sales
ratio
0.7x
P/BV
ratio
0.9x Div.
yield
14.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Global X SuperDividend U.S. ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX SuperDividend U.S. Low Volatility Index.

FUND BASICS
Category US Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Mar 12, 2013
Assets (mns) $316
Currency USD
Expense ratio 45 bp
Distributions Monthly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Equal
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 49
Wgt avg mkt cap (mns) $38,527
Large cap (>$10bn) 37.5%
Mid cap ($2-10bn) 11.3%
Small cap (<$2bn) 51.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
B&G FOODS INC-CLASS A 4.8 %
GENERAL MILLS INC 4.1 %
VERIZON COMMUNICATIONS INC 3.7 %
KRAFT FOODS GROUP INC 3.7 %
UNIVERSAL CORP/VA 3.5 %
PHILIP MORRIS INTERNATIONAL 3.3 %
ENNIS INC 3.3 %
DOMINION RESOURCES INC/VA 3.2 %
ALTRIA GROUP INC 3.1 %
DUKE ENERGY CORP 3.1 %
Total 35.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.7 %
BERMUDA 2.8 %
BRITAIN 1.9 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-44.6% -41.1% -8.3% -- -3.7%

Market Correlations
versus... Beta R-squared
S&P500 1.20 59%
MSCI EAFE 1.26 64%
MSCI Emg. Mkts. 0.94 52%

Technical Indicators
Recent close $12.37
30d moving avg. $16.02
Annualized volatility 23.8%
Short interest (ETF) 1.3%
Short interest (Underlying) 5.2%
Relative strength (RSI) 26

Liquidity measures
Avg. volume (thou.) 525
Turnover 2.1%
Bid/Ask (% of price) 0.57%
ADV underlying (mns) $10,090

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Global X SuperDividend US ETF ETF based on the alternatives' overlap in portfolio holdings with DIV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DIV Expense: 45 bp ALTAR Score™: 14.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DIV
Ticker Fund
Name
Overlap1
vs DIV
(%)
Expense
ratio
(bp)
Savings
vs DIV
(bp)
ALTAR
Score™
(%)
ALTAR
vs DIV
(%)
PEY Invesco High Yield Equity Dividend Achievers ETF 32.2 53 -8 9.5 -5.2
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 30.7 30 15 11.3 -3.4
FDL First Trust Morningstar Dividend Leaders Index Fund 25.3 45 0 10.5 -4.2
GBDV Global Beta Smart Income ETF 24.1 29 16 15.6 +1.0
DURA VanEck Vectors Morningstar Durable Dividend ETF 23.8 29 16 8.0 -6.7
DHS WisdomTree U.S. High Dividend Fund 23.5 38 7 10.0 -4.7
SPYD SPDR S&P 500 High Dividend ETF 22.5 7 38 13.4 -1.3
SDOG ALPS Sector Dividend Dogs ETF 21.9 40 5 13.1 -1.6
DVOP Source Dividend Opportunity ETF 19.8 50 -5 10.8 -3.9
JKF iShares Morningstar Large Cap Value ETF 19.3 25 20 9.1 -5.5
DTN WisdomTree U.S. Dividend ex-Financials Fund 19.3 38 7 9.6 -5.0
LVHD Legg Mason Low Volatility High Dividend ETF 18.4 27 18 8.2 -6.5
SPDV AAM S&P 500 High Dividend Value ETF 18.4 29 16 13.7 -1.0
DVY iShares Select Dividend ETF 18.1 39 6 10.1 -4.6
DEW WisdomTree Global High Dividend Fund 17.8 58 -13 11.0 -3.7
RDIV Invesco S&P Ultra Dividend Revenue ETF 17.1 39 6 14.1 -0.6
HDV iShares Core High Dividend ETF 16.7 8 37 7.8 -6.9
OUSA O'Shares FTSE US Quality Dividend ETF 15.8 48 -3 6.6 -8.0
IWX iShares Russell Top 200 Value ETF 15.2 20 25 8.3 -6.3
DLN WisdomTree U.S. LargeCap Dividend Fund 15.2 28 17 7.6 -7.0
PFM Invesco Dividend Achievers ETF 14.6 54 -9 6.1 -8.6
VYM Vanguard High Dividend Yield Index ETF 14.3 6 39 8.5 -6.2
DTD WisdomTree U.S.Total Dividend Fund 13.7 28 17 8.1 -6.6
FXU First Trust Utilities AlphaDEX Fund 13.7 63 -18 6.6 -8.1
CDL Victory CEMP US Large Cap High Dividend Volatility Wtd Idx E 13.6 35 10 10.8 -3.9
RHS Invesco S&P 500 Equal Weight Consumer Staples ETF 13.5 40 5 6.6 -8.1
REVS Columbia Research Enhanced Value ETF 13.4 19 26 9.4 -5.3
GCOW Pacer Global High Dividend ETF 13.3 60 -15 12.6 -2.1
MGV Vanguard Mega Cap Value ETF 13.0 7 38 8.5 -6.2
QDEF FlexShares Quality Dividend Defensive Index Fund 12.8 37 8 7.5 -7.2
FMK First Trust Mega Cap AlphaDEX Fund 12.5 70 -25 6.7 -8.0
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 12.4 30 15 16.3 +1.6
IECS iShares Evolved U.S. Consumer Staples ETF 12.2 18 27 6.1 -8.6
VOOV Vanguard S&P 500 Value ETF 11.7 15 30 8.7 -6.0
IVE iShares S&P 500 Value ETF 11.6 18 27 8.7 -6.0
SPYV SPDR Portfolio S&P 500 Value ETF 11.5 4 41 8.8 -5.9
WBIY WBI Power Factor High Dividend ETF 11.5 70 -25 18.6 +3.9
VTV Vanguard Value Index Fund 11.5 4 41 8.7 -5.9
FDVV Fidelity Core Dividend ETF 11.2 29 16 9.3 -5.4
RYU Invesco S&P 500 Equal Weight Utilities ETF 11.2 40 5 6.3 -8.4
VONV Vanguard Russell 1000 Value Index Fund 11.1 8 37 8.8 -5.8
QDF FlexShares Quality Dividend Index Fund 11.0 37 8 8.4 -6.3
SCHV Schwab U.S. Large-Cap Value ETF 11.0 4 41 8.6 -6.1
JDIV JPMorgan U.S. Dividend ETF 10.9 12 33 10.2 -4.5
IUSV iShares Core S&P U.S. Value ETF 10.9 4 41 8.9 -5.7
IWD iShares Russell 1000 Value ETF 10.9 19 26 8.7 -6.0
PRF Invesco FTSE RAFI US 1000 ETF 10.7 39 6 8.7 -6.0
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 10.7 15 30 8.4 -6.3
QDYN FlexShares Quality Dividend Dynamic Index Fund 10.7 37 8 8.6 -6.1
SCHD Schwab U.S. Dividend Equity ETF 10.6 6 39 8.8 -5.9
LSLT Salt Low truBeta US Market ETF 10.4 0 45 8.2 -6.5
JHMU John Hancock Multifactor Utilities ETF 10.3 40 5 6.3 -8.4
CDC Victory CEMP US EQ Income Enhanced Volatility Wtd Index ETF 10.2 35 10 10.8 -3.9
BVAL Brand Value ETF 10.1 65 -20 8.4 -6.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 9.9 47 -2 7.6 -7.1
XLP Consumer Staples Select Sector SPDR Fund 9.8 13 32 5.7 -9.0
TTFS AdvisorShares Wilshire Buyback ETF 9.8 91 -46 7.6 -7.1
VDC Vanguard Consumer Staples Index Fund 9.7 10 35 5.7 -8.9
XLU Utilities Select Sector SPDR Fund 9.6 13 32 6.1 -8.6
INFR Legg Mason Global Infrastructure ETF 9.6 40 5 6.8 -7.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 9.5 25 20 7.9 -6.8
JHMS John Hancock Multifactor Consumer Staples ETF 9.5 40 5 6.3 -8.3
SDIV Global X SuperDividend ETF 9.5 58 -13 23.8 +9.1
IGF iShares Global Infrastructure ETF 9.5 46 -1 6.4 -8.2
GII SPDR S&P Global Infrastructure ETF 9.5 40 5 6.5 -8.2
FSTA Fidelity MSCI Consumer Staples Index ETF 9.4 8 37 5.7 -9.0
USDY Pacific Global US Equity Income ETF 9.4 29 16 10.0 -4.6
VPU Vanguard Utilities Index Fund 9.3 10 35 6.0 -8.7
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 9.3 12 33 6.0 -8.7
IDU iShares U.S. Utilities ETF 9.3 43 2 5.8 -8.9
FUTY Fidelity MSCI Utilities Index ETF 9.2 8 37 6.0 -8.6
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 9.2 49 -4 6.0 -8.7
DJD Invesco Dow Jones Industrial Average Dividend ETF 9.1 7 38 7.9 -6.8
IYK iShares U.S. Consumer Goods ETF 9.1 42 3 6.5 -8.2
EMLP First Trust North American Energy Infrastructure Fund 9.0 95 -50 7.1 -7.6
FNDB Schwab Fundamental U.S. Broad Market Index ETF 9.0 25 20 8.0 -6.7
FDRR Fidelity Dividend ETF for Rising Rates 8.9 29 16 9.2 -5.5
EDOW First Trust Dow 30 Equal Weight ETF 8.9 50 -5 6.9 -7.8
EQWL Invesco Russell Top 200 Equal Weight ETF 8.7 25 20 7.2 -7.5
FVAL Fidelity Value Factor ETF 8.6 29 16 10.4 -4.3
SRET Global X SuperDividend REIT ETF 8.4 59 -14 27.6 +12.9
MJ ETFMG Alternative Harvest ETF 8.4 75 -30 -6.2 -20.8
JXI iShares Global Utilities ETF 8.4 46 -1 6.4 -8.3
TOKE Cambria Cannabis ETF 8.3 42 3 -5.6 -20.3
LVUS Hartford Multifactor Low Volatility US Equity ETF 8.3 19 26 7.3 -7.4
JVAL JPMorgan U.S. Value Factor ETF 8.3 12 33 11.3 -3.4
ESG FlexShares STOXX US ESG Impact Index Fund 8.3 32 13 6.4 -8.3
VLU SPDR S&P 1500 Value Tilt ETF 8.2 12 33 9.1 -5.5
PWV Invesco Dynamic Large Cap Value ETF 8.2 55 -10 10.1 -4.6
SPMV Invesco S&P 500 Minimum Variance ETF 8.1 10 35 7.0 -7.7
ACT AdvisorShares Vice ETF 8.0 99 -54 6.9 -7.8
FXN First Trust Energy AlphaDEX Fund 7.8 65 -20 7.9 -6.8
FTXN First Trust Nasdaq Oil & Gas ETF 7.8 60 -15 6.8 -7.9
XLE Energy Select Sector SPDR Fund 7.8 13 32 6.2 -8.5
JHME John Hancock Multifactor Energy ETF 7.8 40 5 5.9 -8.8
IYE iShares U.S. Energy ETF 7.8 42 3 5.8 -8.9
FENY Fidelity MSCI Energy Index ETF 7.8 8 37 5.8 -8.9
VDE Vanguard Energy Index Fund 7.8 10 35 5.8 -8.9
IGE iShares North American Natural Resources ETF 7.8 46 -1 5.7 -9.0
RYE Invesco S&P 500 Equal Weight Energy ETF 7.8 40 5 5.1 -9.5

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Global X SuperDividend US ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.8 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 14.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.66 CATEGORY
AVERAGE
1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.