Global X SuperDividend US ETF
ALTAR
Score™
7.1% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
17.0x P/Sales
ratio
1.1x
P/BV
ratio
1.5x Div.
yield
8.5%


  • 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 11, 2013
Assets (mns) $404
Currency USD
Expense ratio 46 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 46
Wgt avg mkt cap (mns) $34,896
Large cap (>$10bn) 34.2%
Mid cap ($2-10bn) 25.2%
Small cap (<$2bn) 40.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
B&G FOODS INC-CLASS A 5.6 %
KRAFT FOODS GROUP INC 3.7 %
GENERAL MILLS INC 3.5 %
VERIZON COMMUNICATIONS INC 2.9 %
DOMINION RESOURCES INC/VA 2.9 %
TERRAFORM POWER, INC. CLASS A 2.8 %
ALTRIA GROUP INC 2.8 %
UNIVERSAL CORP/VA 2.6 %
PHILIP MORRIS INTERNATIONAL 2.5 %
DUKE ENERGY CORP 2.5 %
Total 31.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 92.7 %
BRITAIN 2.3 %
BERMUDA 2.2 %
CANADA 1.9 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-34.1% -27.7% -4.0% -- -1.2%

Market Correlations
versus... Beta R-squared
S&P500 1.26 66%
MSCI EAFE 1.35 65%
MSCI Emg. Mkts. 0.98 54%

Technical Indicators
Recent close $15.02
30d moving avg. $15.53
Annualized volatility 26.4%
Short interest (ETF) 0.4%
Short interest (Underlying) 5.2%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 266
Turnover 1.0%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $9,416

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: 46 bp ALTAR Score™: 7.1%


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
(%)
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 28.6 30 16 9.8 +2.8
PEY Invesco High Yield Equity Dividend Achievers ETF 25.3 53 -7 9.2 +2.1
SPYD SPDR S&P 500 High Dividend ETF 24.5 7 39 10.4 +3.4
DHS WisdomTree U.S. High Dividend Fund 21.7 38 8 8.7 +1.6
DURA VanEck Vectors Morningstar Durable Dividend ETF 20.8 29 17 7.2 +0.2
ZMLP Direxion Zacks MLP High Income Shares 19.0 81 -35 4.3 -2.8
DTN WisdomTree U.S. Dividend ex-Financials Fund 18.3 38 8 8.0 +0.9
SPDV AAM S&P 500 High Dividend Value ETF 17.9 29 17 11.0 +4.0
SDOG ALPS Sector Dividend Dogs ETF 17.7 40 6 10.4 +3.3
FDL First Trust Morningstar Dividend Leaders Index Fund 17.4 45 1 10.3 +3.3
DEW WisdomTree Global High Dividend Fund 16.9 58 -12 9.4 +2.3
JKF iShares Morningstar Large Cap Value ETF 16.8 25 21 7.6 +0.6
DVY iShares Select Dividend ETF 15.7 39 7 9.7 +2.7
HDV iShares Core High Dividend ETF 15.7 8 38 6.8 -0.3
OUSA O'Shares FTSE US Quality Dividend ETF 14.2 48 -2 5.7 -1.3
DLN WisdomTree U.S. LargeCap Dividend Fund 14.2 28 18 6.4 -0.6
RDIV Invesco S&P Ultra Dividend Revenue ETF 14.0 39 7 11.2 +4.2
VYM Vanguard High Dividend Yield Index ETF 13.7 6 40 7.4 +0.4
SRET Global X SuperDividend REIT ETF 13.7 59 -13 13.8 +6.7
PWV Invesco Dynamic Large Cap Value ETF 13.7 55 -9 8.9 +1.8
DTD WisdomTree U.S.Total Dividend Fund 13.2 28 18 6.7 -0.4
GCOW Pacer Global High Dividend ETF 12.8 60 -14 10.4 +3.3
MGV Vanguard Mega Cap Value ETF 12.5 7 39 7.3 +0.3
IWX iShares Russell Top 200 Value ETF 12.3 20 26 7.2 +0.2
GBDV Global Beta Smart Income ETF 11.9 29 17 8.8 +1.8
REVS Columbia Research Enhanced Value ETF 11.8 19 27 7.8 +0.8
PFM Invesco Dividend Achievers ETF 11.7 54 -8 5.5 -1.6
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 11.5 75 -29 6.2 -0.8
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 11.4 30 16 11.0 +3.9
RHS Invesco S&P 500 Equal Weight Consumer Staples ETF 11.3 40 6 6.5 -0.6
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 11.3 35 11 8.7 +1.6
VOOV Vanguard S&P 500 Value ETF 11.0 15 31 7.4 +0.4
IECS iShares Evolved U.S. Consumer Staples ETF 11.0 18 28 5.6 -1.5
SPYV SPDR Portfolio S&P 500 Value ETF 10.9 4 42 7.5 +0.4
IVE iShares S&P 500 Value ETF 10.9 18 28 7.3 +0.3
USDY Pacific Global US Equity Income ETF 10.9 29 17 7.3 +0.2
VTV Vanguard Value Index Fund 10.7 4 42 7.5 +0.5
FMK First Trust Mega Cap AlphaDEX Fund 10.6 70 -24 5.2 -1.8
SCHV Schwab U.S. Large-Cap Value ETF 10.5 4 42 7.2 +0.2
FDVV Fidelity Core Dividend ETF 10.5 29 17 7.2 +0.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 10.4 52 -6 5.1 -2.0
IUSV iShares Core S&P U.S. Value ETF 10.3 4 42 7.6 +0.5
VONV Vanguard Russell 1000 Value Index Fund 10.3 8 38 7.4 +0.3
QDEF FlexShares Quality Dividend Defensive Index Fund 9.9 37 9 5.9 -1.1
PRF Invesco FTSE RAFI US 1000 ETF 9.9 39 7 6.9 -0.2
JDIV JPMorgan U.S. Dividend ETF 9.9 12 34 7.9 +0.9
LVHD Legg Mason Low Volatility High Dividend ETF 9.8 27 19 8.8 +1.8
WBIY WBI Power Factor High Dividend ETF 9.8 70 -24 12.4 +5.3
JHMS John Hancock Multifactor Consumer Staples ETF 9.3 40 6 6.0 -1.0
SPMV Invesco S&P 500 Minimum Variance ETF 9.2 10 36 5.9 -1.2
BVAL Brand Value ETF 9.2 65 -19 6.2 -0.9
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 9.2 15 31 6.9 -0.2
QDF FlexShares Quality Dividend Index Fund 9.1 37 9 6.2 -0.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 9.0 25 21 6.6 -0.5
VDC Vanguard Consumer Staples Index Fund 8.9 10 36 5.6 -1.5
WLDR Affinity World Leaders Equity ETF 8.9 47 -1 9.7 +2.6
XLP Consumer Staples Select Sector SPDR Fund 8.8 13 33 5.5 -1.5
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 8.8 35 11 8.7 +1.6
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 8.8 12 34 4.9 -2.2
EQWL Invesco Russell Top 200 Equal Weight ETF 8.7 25 21 6.2 -0.9
FSTA Fidelity MSCI Consumer Staples Index ETF 8.7 8 38 5.6 -1.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 8.6 47 -1 6.5 -0.6
FTXG First Trust Nasdaq Food & Beverage ETF 8.6 60 -14 6.4 -0.6
FUTY Fidelity MSCI Utilities Index ETF 8.6 8 38 5.9 -1.2
VPU Vanguard Utilities Index Fund 8.6 10 36 5.8 -1.2
IWD iShares Russell 1000 Value ETF 8.5 19 27 7.2 +0.2
IGF iShares Global Infrastructure ETF 8.5 46 0 5.3 -1.8
GII SPDR S&P Global Infrastructure ETF 8.4 40 6 5.3 -1.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 8.4 25 21 6.6 -0.5
IDU iShares U.S. Utilities ETF 8.3 43 3 5.6 -1.4
PSCC Invesco S&P SmallCap Consumer Staples ETF 8.2 29 17 5.3 -1.7
IUS Invesco Strategic US ETF 8.2 19 27 6.7 -0.3
SDY SPDR S&P Dividend ETF 8.1 35 11 7.0 -0.0
SCHD Schwab U.S. Dividend Equity ETF 8.1 6 40 8.3 +1.2
MORT VanEck Vectors Mortgage REIT Income ETF 8.1 42 4 19.1 +12.0
IYK iShares U.S. Consumer Goods ETF 8.0 42 4 5.3 -1.8
FDRR Fidelity Dividend ETF for Rising Rates 8.0 29 17 7.0 -0.0
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 8.0 49 -3 4.9 -2.2
LVUS Hartford Multifactor Low Volatility US Equity ETF 8.0 19 27 6.1 -1.0
JHMU John Hancock Multifactor Utilities ETF 7.9 40 6 6.1 -0.9
VLU SPDR S&P 1500 Value Tilt ETF 7.9 12 34 7.5 +0.5
REM iShares Mortgage Real Estate ETF 7.9 48 -2 18.2 +11.2
FVAL Fidelity Value Factor ETF 7.9 29 17 8.1 +1.1
TTFS AdvisorShares Wilshire Buyback ETF 7.8 91 -45 6.2 -0.9
DJD Invesco Dow Jones Industrial Average Dividend ETF 7.8 7 39 6.9 -0.1
LSLT Salt Low truBeta US Market ETF 7.8 29 17 6.1 -1.0
EDOW First Trust Dow 30 Equal Weight ETF 7.8 50 -4 6.0 -1.0
RYU Invesco S&P 500 Equal Weight Utilities ETF 7.8 40 6 6.3 -0.8
XLU Utilities Select Sector SPDR Fund 7.8 13 33 5.9 -1.1
TPYP Tortoise North American Pipeline Fund 7.7 40 6 6.0 -1.1
CCOR Core Alternative ETF 7.7 123 -77 4.4 -2.7
SDIV Global X SuperDividend ETF 7.5 59 -13 13.4 +6.3
JOYY Infusive Compounding Global Equities ETF 7.5 50 -4 3.8 -3.2
JVAL JPMorgan U.S. Value Factor ETF 7.4 12 34 8.8 +1.8
QDYN FlexShares Quality Dividend Dynamic Index Fund 7.4 37 9 6.3 -0.8
FXU First Trust Utilities AlphaDEX Fund 7.4 63 -17 6.4 -0.7
VRAI Virtus Real Asset Income ETF 7.2 55 -9 11.2 +4.2
PBJ Invesco Dynamic Food & Beverage ETF 7.2 63 -17 5.1 -2.0
EMLP First Trust North American Energy Infrastructure Fund 7.1 96 -50 5.7 -1.3
VDE Vanguard Energy Index Fund 7.0 10 36 3.9 -3.2

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:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.8 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 46 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.62 CATEGORY
AVERAGE
1.52
 
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.