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Global X SuperDividend UCITS ETF USD Distributing ...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
IE000OVEWNX9
Issuer
Global X
Inception Date
Feb 15, 2022
Category
Dividend
Leveraged
1x (No leverage)
Index Tracked
Solactive Global SuperDividend Index
Domicile
Ireland
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Value

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of £10,000 in Global X SuperDividend UCITS ETF USD Distributing, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

SDIP.L is traded in GBP, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to GBP using the latest available exchange rates.

Returns By Period

Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) has returned 5.20% so far this year and 16.08% over the past 12 months.


Global X SuperDividend UCITS ETF USD Distributing

1D
0.63%
1M
-3.14%
YTD
5.20%
6M
6.76%
1Y
16.08%
3Y*
2.70%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.61%
1M
-3.22%
YTD
-2.82%
6M
-0.72%
1Y
13.66%
3Y*
14.01%
5Y*
11.18%
10Y*
12.98%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 17, 2022, SDIP.L's average daily return is -0.02%, while the average monthly return is -0.45%.

Historically, 48% of months were positive and 52% were negative. The best month was Jul 2025 with a return of +6.5%, while the worst month was Sep 2022 at -10.9%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SDIP.L closed higher 51% of trading days. The best single day was Mar 17, 2022 with a return of +12.0%, while the worst single day was Sep 29, 2022 at -5.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.24%4.19%-3.14%5.20%
20252.98%-1.86%-3.60%-4.15%2.40%2.71%6.51%1.42%-0.15%2.26%0.67%-1.42%7.51%
2024-3.23%-3.33%2.46%2.09%3.77%-1.98%1.62%-1.78%3.33%-2.01%-1.10%-2.38%-2.89%
20234.57%-5.06%-7.50%-3.54%-6.36%5.84%3.71%-3.68%3.61%-8.36%2.27%6.33%-9.44%
2022-8.14%4.46%-1.92%-0.63%-10.43%3.06%0.32%-10.90%-2.03%4.89%-3.54%-23.51%

Benchmark Metrics

Global X SuperDividend UCITS ETF USD Distributing has an annualized alpha of -9.22%, beta of 0.27, and R² of 0.07 versus S&P 500 Index. Calculated based on daily prices since February 18, 2022.

  • This ETF participated in 102.09% of S&P 500 Index downside but only 21.20% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.27 may look defensive, but with R² of 0.07 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.07 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-9.22%
Beta
0.27
0.07
Upside Capture
21.20%
Downside Capture
102.09%

Expense Ratio

SDIP.L has an expense ratio of 0.45%, placing it in the medium range.


Return for Risk

Risk / Return Rank

SDIP.L ranks 58 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


SDIP.L Risk / Return Rank: 5858
Overall Rank
SDIP.L Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
SDIP.L Sortino Ratio Rank: 6060
Sortino Ratio Rank
SDIP.L Omega Ratio Rank: 6464
Omega Ratio Rank
SDIP.L Calmar Ratio Rank: 4646
Calmar Ratio Rank
SDIP.L Martin Ratio Rank: 5454
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) and compare them to a chosen benchmark (S&P 500 Index).


SDIP.LBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.22

0.73

+0.49

Sortino ratio

Return per unit of downside risk

1.59

1.14

+0.45

Omega ratio

Gain probability vs. loss probability

1.24

1.18

+0.07

Calmar ratio

Return relative to maximum drawdown

1.24

1.24

+0.01

Martin ratio

Return relative to average drawdown

5.45

4.87

+0.58

Explore SDIP.L risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Global X SuperDividend UCITS ETF USD Distributing provided a 0.00% dividend yield over the last twelve months, with an annual payout of £0.00 per share.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%£0.00£0.10£0.20£0.30£0.402022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend£0.00£0.00£0.45£0.15£0.01

Dividend yield

0.00%0.00%6.61%2.00%0.09%

Monthly Dividends

The table displays the monthly dividend distributions for Global X SuperDividend UCITS ETF USD Distributing. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026£0.00£0.00£0.00£0.00
2025£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.00
2024£0.07£0.00£0.00£0.07£0.06£0.07£0.06£0.06£0.06£0.00£0.00£0.00£0.45
2023£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.07£0.00£0.00£0.07£0.15
2022£0.00£0.00£0.00£0.00£0.00£0.00£0.00£0.01

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X SuperDividend UCITS ETF USD Distributing. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X SuperDividend UCITS ETF USD Distributing was 42.74%, occurring on Apr 9, 2025. The portfolio has not yet recovered.

The current Global X SuperDividend UCITS ETF USD Distributing drawdown is 23.92%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.74%Feb 18, 2022792Apr 9, 2025

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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