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

Combines a value-oriented income strategy with exposure to emerging markets that are expected to generate faster growth than developed markets.

Key Information As of 03/14/25

Inception Date 03/16/15
Total Expense Ratio 0.66%
Net Assets $36.47 million
NAV $26.07
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 03/14/25

Ticker SDEM
Bloomberg Index Ticker M1CXGXD
CUSIP 37960A677
ISIN US37960A6771
Primary Exchange NYSE Arca
Shares Outstanding 1,399,181
Number of Holdings 55
30-Day Median Bid-Ask Spread 0.16%

Distributions As of 03/14/25

30-Day SEC Yield 6.93%
Trailing 12-Month Distribution (%) 1 6.72%
Distribution Rate 2 5.87%
Distribution Frequency Monthly

1The distribution as a percentage an investor would have received if they had held the fund over the last twelve months, assuming the most recent NAV. The Trailing 12-Month Distribution (%) is calculated by summing any income, capital gains and return of capital distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the same period. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the “19a Notice” here. These do not imply rates for any future distributions.

2The annual rate an investor would receive if the most recent fund distribution remained the same going forward. The rate represents a single distribution from the fund and does not represent total return of the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing by the most recent fund NAV. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the “19a Notice” here. These do not imply rates for any future distributions.

ETF Prices As of 03/14/25

NAV $26.07 Daily Change $0.44 1.72%
Market Price $26.26 Daily Change $0.58 2.26%

Performance History

As of recent
(12/31/24)
As of recent
(12/31/24)
Fund NAV Market Price Index
1 Year 3.85% 4.01% 5.81%
3 Years -2.43% -2.76% -1.60%
5 Years -3.34% -3.57% -2.29%
Since Inception 0.45% 0.36% 1.67%
1 Year 2.56% 3.15% 4.33%
3 Years 1.02% 0.17% 1.07%
5 Years 0.52% 0.59% 1.54%
Since Inception 0.81% 0.79% 2.02%
Year-to-Date 3.85% 4.01% 5.81%
1 Month 1.57% 0.66% 1.63%
3 Months -7.49% -7.27% -7.38%
Since Inception 4.47% 3.58% 17.63%
Year-to-Date 3.72% 4.45% 3.76%
1 Month 0.24% 0.12% 0.30%
3 Months 5.35% 5.13% 5.46%
Since Inception 8.35% 8.18% 22.05%

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 03/14/25

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.04 MONET CP MONETA MONEY BANK AS BD3CQ16 6.19 179,780 1,112,460.84
2.88 KOMB CP KOMERCNI BANKA AS 4519449 47.32 22,269 1,053,809.14
2.86 601216 C1 INNER MONGOLIA-A BP3R7B2 0.82 1,267,540 1,043,343.65
2.66 600398 C1 HLA GROUP CORP L-A BS7K3T8 1.20 808,540 972,610.85
2.60 998 HK CITIC BANK-H B1W0JF2 0.80 1,188,000 949,213.86
2.59 SCB-R TB SCB X PCL-NVDR BPH0728 3.67 257,700 944,810.75
2.51 PZU PW PZU B63DG21 14.52 63,242 917,969.33
2.48 1929 HK CHOW TAI FOOK JE B4R39F7 1.20 756,800 906,539.72
2.46 ABG SJ ABSA GROUP LTD BFX05H3 10.14 88,460 897,059.84
2.44 939 HK CHINA CONSTRUCTION BANK-H B0LMTQ3 0.88 1,013,800 890,900.13
2.43 3988 HK BANK OF CHINA LTD-H B154564 0.59 1,502,900 887,562.21
2.40 PFBCOLO CB PFBCOLO BJ62LW1 10.77 81,551 878,313.81
2.40 OPAP GA OPAP SA 7107250 19.03 46,158 878,244.09
2.35 SPL PW SANTANDER BANK POLSKA SA 7153639 147.49 5,831 860,031.74
2.32 3328 HK BANKCOMM-H B0B8Z29 0.89 954,180 845,873.78
2.29 1908 HK C&D INTERNATIONA BZBY9R5 2.06 407,000 836,810.68
2.19 600066 C1 YUTONG BUS CO LTD-A BP3R5T6 3.52 227,000 799,752.79
2.14 NRP SJ NEPI ROCKCASTLE N.V. BLF9GQ6 7.33 106,768 782,358.31
2.10 900926 CH SHANG BAOSIGHT-B 6835422 1.85 415,500 768,259.50
2.09 BELA GA JUMBO SA 7243530 29.70 25,700 763,385.70
1.97 384 HK CHINA GAS HOLDINGS LTD 6460794 0.92 779,800 720,383.42
1.96 CXSE3 BZ CAIXA SEGURIDADE BMDWWN3 2.77 258,300 714,451.12
1.93 177 HK JIANGSU EXPRESS CO LTD-H 6005504 1.14 620,000 704,382.29
1.92 600177 C1 YOUNGOR FASHION CO LTD-A BP3R6R1 1.13 619,700 700,090.60
1.91 900948 CH INNER MONGOLIA-B 6019011 2.02 345,100 697,447.10
1.90 CMIG4 BZ Cia Energetica de Minas G B1YBRG0 1.92 362,685 694,945.56
1.88 ISA CB ISA SA 2205706 4.73 145,012 685,890.60
1.86 TEL PM PLDT INC BDGN274 23.75 28,620 679,821.85
1.85 BBAS3 BZ BANCO DO BRASIL S.A. 2328595 4.87 139,200 677,252.87
1.85 ZAIN KK MOBILE TELECOMMU 6600084 1.52 445,452 676,635.95
1.82 JARIR AB JARIR MARKETING CO B128FM5 3.32 200,620 666,504.52
1.78 968 HK XINYI SOLAR HOLDINGS LTD BGQYNN1 0.42 1,544,000 651,594.14
1.77 MOL HB MOL BD5ZXH8 7.59 85,243 647,056.11
1.69 TLKM IJ TELKOM INDONESIA BD4T6W7 0.15 4,182,400 619,046.36
1.68 VALE3 BZ VALE SA 2196286 9.82 62,600 614,928.23
1.67 ARAMCO AB SAUDI ARABIAN OIL CO BJTM270 6.92 88,258 610,663.94
1.64 FUNO11 MM TRUST FIBRA UNO B671GT8 1.19 502,500 598,901.06
1.63 YKBNK TI YAPI VE KREDI BANKASI B03MZJ6 0.93 643,779 596,137.18
1.61 TIMS3 BZ TIM SA BN71RB6 3.02 195,300 589,954.02
1.61 PTTEP-R TB PTT EXPLOR-NVDR B1359L2 3.27 180,600 589,758.05
1.58 857 HK PETROCHINA CO LTD-H 6226576 0.76 759,200 578,274.36
1.56 IOCL IN INDIAN OIL CORP LTD 6253767 1.44 394,569 569,874.43
1.55 COAL IN COAL INDIA LTD B4Z9XF5 4.35 130,568 567,672.28
1.46 BPCL IN BHARAT PETROLEUM CORP LTD 6099723 3.04 175,429 533,094.08
1.45 005385 KS Hyundai Motor Co 6451022 101.05 5,249 530,424.50
1.42 LUBEREF AB SAUDI ARAMCO BASE OIL CO BMDKMB5 27.62 18,824 519,975.04
1.35 KIO SJ KUMBA IRON ORE LTD B1G4262 19.12 25,889 494,960.64
1.35 TUPRS TI TUPRAS B03MYT9 3.94 125,488 494,095.74
1.35 BBDC3 BZ BANCO BRADESCO S.A. B00FM86 1.94 254,000 491,568.58
1.14 VBBR3 BZ VIBRA ENERGIA SA BPBLV81 3.06 136,400 417,268.06
0.30 OTHER PAYABLE & RECEIVABLES 1.00 107,947 107,947.02
0.20 ZTWM5 Index MSCI EMER MKTS AS JUN25 71,830.00 1 71,830.00
0.13 NEW RUSSIAN ROUBLE 0.01 4,136,606 48,466.38
0.07 BRAZILIAN REAL 0.17 143,299 25,006.96
0.00 EURO 1.10 0 0.46
0.00 ALRS RM ALROSA PJSC B6QPBP2 0.00 1,194,381 0.01
0.00 CHMF RM SEVERSTAL PJSC B5B9C59 0.00 71,665 0.01
0.00 PHOR LI PHOSAGRO PJSC-GDR REG S B62QPJ1 0.00 42 0.01
0.00 TAIWAN DOLLAR 0.05 0 0.01
0.00 SNGSP RM Surgutneftegas PAO B5BHR47 0.00 3,166,303 0.00
0.00 CHILEAN PESO 0.00 2 0.00
0.00 INDIA RUPEE 0.00 0 0.00
0.00 SOUTH AFRICAN RAND 0.00 0 0.00
0.00 COLOMBIAN PESO 0.00 0 0.00
0.00 KOREAN WON 0.00 -1 0.00
0.00 HONG KONG DOLLAR 0.10 0 -0.01
0.00 CHINESE YUAN RENMINBI 0.14 -12 -1.63
0.00 UAE DIRHAM 0.27 -1,050 -285.89
-0.09 CASH 1.00 -32,422 -32,422.34
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 02/28/25

Sector Weight (%)
Financials 26.1
Materials 22.9
Energy 13.3
Consumer Discretionary 12.1
Real Estate 8.4
Communication Services 7.4
Utilities 4.2
Industrials 2.4
Information Technology 2.2
Consumer Staples 1.0

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Banks 23.5
Materials 22.9
Energy 13.3
Equity Real Estate Investment Trusts (REITs) 6.1
Consumer Discretionary Distribution & Retail 5.5
Telecommunication Services 5.4
Insurance 4.5
Utilities 4.2
Consumer Durables & Apparel 2.6
Consumer Services 2.5
Capital Goods 2.4
Other 7.1

Source: new windowAltaVista Research, LLC

Country Weight (%)
China 30.0
Brazil 9.9
Hong Kong 6.6
Czech Republic 5.9
Poland 4.8
Colombia 4.7
Greece 4.6
India 4.5
Thailand 4.4
South Africa 4.2
Saudi Arabia 3.4
Other 17.0

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 03/14/25

Return on Equity 13.00%
Weighted Avg. Market Cap 53,024 M
2024 2025
Price-to-earnings 8.04 7.67
Price-to-book value 1.03 0.97

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 02/28/25

Versus Beta
S&P 500 0.67
NASDAQ-100 0.47
MSCI EAFE 0.88
MSCI Emg. Mkts 0.92
Standard Deviation 18.70%

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.