Global X SuperDividend ETF
ALTAR
Score™
25.1% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
5.3x P/Sales
ratio
0.5x
P/BV
ratio
0.5x Div.
yield
16.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X SuperDividend ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Solactive Global SuperDividend Index.

FUND BASICS
Category Global Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Jun 09, 2011
Assets (mns) $455
Currency USD
Expense ratio 58 bp
Distributions Monthly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 100
Wgt avg mkt cap (mns) $3,634
Large cap (>$10bn) 8.8%
Mid cap ($2-10bn) 25.3%
Small cap (<$2bn) 65.9%
Developed mkts 58.7%
Emerging mkts 40.2%

TOP TEN HOLDINGS
B&G FOODS INC-CLASS A 1.9 %
JASMINE INTERNATIONAL PUBLIC CO. L 1.8 %
SINOPEC SHANGHAI PETROCHEM-H 1.7 %
WHITEHAVEN COAL LTD 1.7 %
SEVERSTAL - GDR REG S 1.7 %
IMPERIAL TOBACCO GROUP PLC 1.7 %
KUMBA IRON ORE LTD 1.6 %
NEW HOPE CORP LTD 1.6 %
NOVOLIPET STEEL-GDR REG S 1.6 %
TNT NV 1.5 %
Total 16.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 22.8 %
AUSTRALIA 11.5 %
BRITAIN 8.9 %
CHINA 8.1 %
RUSSIA 7.4 %
SOUTH AFRICA 4.7 %
NETHERLANDS 4.6 %
ARGENTINA 2.8 %
MALAYSIA 2.7 %
PORTUGAL 2.6 %

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.
-46.2% -43.7% -10.0% -- -3.9%

Market Correlations
versus... Beta R-squared
S&P500 1.36 64%
MSCI EAFE 1.45 70%
MSCI Emg. Mkts. 1.15 65%

Technical Indicators
Recent close $8.43
30d moving avg. $12.07
Annualized volatility 25.9%
Short interest (ETF) 1.1%
Relative strength (RSI) 23

Liquidity measures
Avg. volume (thou.) 983
Turnover 1.8%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $1,409

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: SDIV Expense: 58 bp ALTAR Score™: 25.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SDIV
Ticker Fund
Name
Overlap1
vs SDIV
(%)
Expense
ratio
(bp)
Savings
vs SDIV
(bp)
ALTAR
Score™
(%)
ALTAR
vs SDIV
(%)
SDEM Global X SuperDividend Emerging Markets ETF 12.4 67 -9 26.0 +0.9
EFAS Global X MSCI SuperDividend EAFE ETF 10.8 55 3 12.7 -12.3
DVYE iShares Emerging Markets Dividend ETF 10.8 49 9 15.1 -10.0
SRET Global X SuperDividend REIT ETF 10.4 59 -1 31.0 +5.9
MORT VanEck Vectors Mortgage REIT Income ETF 10.3 42 16 39.6 +14.6
RSX VanEck Vectors Russia ETF 10.1 65 -7 16.3 -8.7
REM iShares Mortgage Real Estate ETF 9.9 48 10 37.9 +12.9
DIV Global X SuperDividend US ETF 9.4 45 13 15.5 -9.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 8.6 60 -2 13.1 -12.0
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 8.5 30 28 17.6 -7.5
EEMD AAM S&P Emerging Markets High Dividend Value ETF 7.5 50 8 25.2 +0.1
IQDE FlexShares International Quality Dividend Defensive Index Fd 7.4 47 11 15.5 -9.5
IQDF FlexShares International Quality Dividend Index Fund 7.2 47 11 16.2 -8.9
KOL VanEck Vectors Coal ETF 7.2 60 -2 23.2 -1.9
DEM WisdomTree Emerging Markets High Dividend Fund 6.7 63 -5 16.6 -8.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 6.3 47 11 17.4 -7.7
FTRI First Trust Indxx Global Natural Resources Income ETF 6.0 70 -12 13.9 -11.1
DVYA iShares Asia/Pacific Dividend ETF 5.9 49 9 11.9 -13.2
KBWY Invesco KBW Premium Yield Equity REIT ETF 5.6 35 23 25.1 +0.0
ROOF IQ US Real Estate Small Cap ETF 5.4 70 -12 15.6 -9.5
KBWD Invesco KBW High Dividend Yield Financial ETF 5.4 158 -100 25.4 +0.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 5.3 70 -12 15.5 -9.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 5.1 58 0 13.6 -11.5
XSLV Invesco S&P SmallCap Low Volatility ETF 4.9 25 33 12.0 -13.1
DMDV AAM S&P Developed Markets High Dividend Value ETF 4.6 39 19 14.0 -11.1
LVHI Legg Mason International Low Volatility High Dividend ETF 4.5 40 18 12.0 -13.1
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 4.5 12 46 12.0 -13.1
DES WisdomTree U.S. SmallCap Dividend Fund 4.5 38 20 12.7 -12.3
GRI ALPS REIT Dividend Dogs ETF 4.4 35 23 21.2 -3.8
IDV iShares International Select Dividend ETF 4.3 49 9 15.2 -9.9
IDOG ALPS International Sector Dividend Dogs ETF 4.2 50 8 13.7 -11.4
DOO WisdomTree International Dividend ex-Financials Fund 4.1 58 0 11.1 -13.9
CHIM Global X China Materials ETF 4.0 65 -7 11.9 -13.2
FEMS First Trust Emerging Markets Small Cap Alphadex Fund 4.0 80 -22 18.4 -6.7
CID Victory CEMP Intl High Dividend Volatility Wtd Index ETF 3.9 45 13 15.0 -10.1
CEY VictoryShares Emerging Market High Dividend Volatility Wtd E 3.8 51 7 20.4 -4.7
FKU First Trust United Kingdom AlphaDEX Fund 3.8 80 -22 13.9 -11.2
PSCF Invesco S&P SmallCap Financials ETF 3.7 29 29 15.8 -9.3
FEM First Trust Emerging Markets AlphaDEX Fund 3.5 80 -22 14.7 -10.3
EYLD Cambria Emerging Shareholder Yield ETF 3.5 66 -8 20.6 -4.5
FLAU Franklin FTSE Australia ETF 3.4 9 49 8.4 -16.7
FYLD Cambria Foreign Shareholder Yield ETF 3.3 59 -1 13.0 -12.1
PSCC Invesco S&P SmallCap Consumer Staples ETF 3.3 29 29 6.7 -18.3
DTH WisdomTree DEFA Equity Income Fund 3.3 58 0 12.5 -12.6
PID Invesco International Dividend Achievers ETF 3.2 54 4 9.8 -15.3
JKL iShares Morningstar Small Cap Value ETF 3.2 30 28 15.4 -9.7
FYT First Trust Small Cap Value AlphaDEX Fund 3.1 72 -14 14.1 -11.0
DNL WisdomTree Global ex-US Dividend Growth Fund 3.0 58 0 9.5 -15.6
MJ ETFMG Alternative Harvest ETF 3.0 75 -17 -6.4 -31.4
EWA iShares MSCI Australia ETF 3.0 50 8 8.0 -17.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.9 95 -37 12.3 -12.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 2.8 63 -5 16.2 -8.8
FDVV Fidelity Core Dividend ETF 2.8 29 29 9.9 -15.2
GVAL Cambria Global Value ETF 2.8 69 -11 13.9 -11.2
DOGS Arrow Dogs of the World ETF 2.7 134 -76 13.9 -11.2
ARGT Global X MSCI Argentina ETF 2.7 59 -1 10.5 -14.6
AGT iShares MSCI Argentina & Global Exposure ETF A 2.7 59 -1 10.5 -14.6
JDIV JPMorgan U.S. Dividend ETF 2.7 12 46 11.0 -14.1
IYR iShares U.S. Real Estate ETF 2.7 42 16 8.5 -16.6
IVAL Alpha Architect International Quantitative Value ETF 2.7 59 -1 14.6 -10.5
EPP iShares MSCI Pacific ex-Japan ETF 2.6 48 10 8.2 -16.8
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 2.6 19 39 8.4 -16.6
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 2.6 32 26 11.4 -13.7
PGAL Global X FTSE Portugal 20 ETF 2.6 57 1 7.6 -17.5
CHIR Global X MSCI China Real Estate ETF 2.5 65 -7 18.5 -6.5
FIDI Fidelity International High Dividend ETF 2.5 39 19 16.3 -8.7
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 2.5 83 -25 9.0 -16.1
FAUS First Trust Australia AlphaDEX Fund 2.4 80 -22 10.4 -14.6
EUDV ProShares MSCI Europe Dividend Growers ETF 2.4 55 3 8.7 -16.4
CSML IQ Chaikin U.S. Small Cap ETF 2.4 35 23 7.9 -17.2
SLYV SPDR S&P 600 Small Cap Value ETF 2.4 15 43 12.6 -12.5
IJS iShares S&P Small-cap 600 Value ETF 2.4 25 33 12.4 -12.6
QGBR SPDR MSCI UK StrategicFactors ETF 2.4 14 44 9.4 -15.7
EWU iShares MSCI United Kingdom ETF 2.4 50 8 8.7 -16.3
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 2.4 20 38 7.9 -17.2
WWJD Inspire International ESG ETF 2.4 80 -22 10.8 -14.2
DLS WisdomTree International SmallCap Dividend Fund 2.4 58 0 11.8 -13.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.3 39 19 16.4 -8.7
VIOV Vanguard S&P Small-Cap 600 Value ETF 2.3 15 43 12.6 -12.5
FLZA Franklin FTSE South Africa ETF 2.3 19 39 15.1 -10.0
EZA iShares MSCI South Africa ETF 2.3 59 -1 12.7 -12.4
FLGB Franklin FTSE United Kingdom ETF 2.3 9 49 9.3 -15.8
EMMF WisdomTree Emerging Markets Multifactor Fund 2.3 48 10 11.8 -13.2
CSB Victory CEMP US Small Cap High Dividend Volatility Wtd Idx E 2.2 35 23 12.8 -12.2
DDLS WisdomTree Dynamic Currency Hedged Intl SmallCap Equity Fund 2.2 43 15 11.8 -13.3
PSC Principal U.S. Small Cap Index ETF 2.2 38 20 11.0 -14.1
FYX First Trust Small Cap Core AlphaDEX Fund 2.2 63 -5 9.2 -15.9
GNR SPDR S&P Global Natural Resources ETF 2.2 40 18 8.7 -16.4
VRAI Virtus Real Asset Income ETF 2.1 55 3 15.7 -9.4
RNSC Small Cap US Equity Select ETF 2.1 60 -2 9.7 -15.3
HOMZ Hoya Capital Housing ETF 2.1 45 13 11.6 -13.4
VIDI Vident International Equity Fund 2.1 59 -1 15.1 -10.0
EFV iShares MSCI EAFE Value ETF 2.0 39 19 12.7 -12.4
RFV Invesco S&P Midcap 400 Pure Value ETF 2.0 35 23 16.9 -8.1
DEW WisdomTree Global High Dividend Fund 2.0 58 0 11.6 -13.5
SMDV ProShares Russell 2000 Dividend Growers ETF 2.0 40 18 8.7 -16.3
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.0 65 -7 15.3 -9.8
VYMI Vanguard International High Dividend Yield ETF 2.0 32 26 12.4 -12.7
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 1.9 20 38 13.0 -12.1
ROGS Hartford Multifactor Global Small Cap ETF 1.9 34 24 12.0 -13.1

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 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 13.0 %
Divided by: Fwd. P/BV 0.5 x
Less: Expense ratio 58 bp
Equals: ALTAR Score 25.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.60 CATEGORY
AVERAGE
1.49
 
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.