Correlation
The correlation between GYLD and SDIV is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
GYLD vs. SDIV
Compare and contrast key facts about Arrow Dow Jones Global Yield ETF (GYLD) and Global X SuperDividend ETF (SDIV).
GYLD and SDIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GYLD is a passively managed fund by Arrow Funds that tracks the performance of the DJ Brookfield Global Infrastructure Composite Yield. It was launched on May 8, 2012. SDIV is a passively managed fund by Global X that tracks the performance of the Solactive Global SuperDividend Index. It was launched on Jun 8, 2011. Both GYLD and SDIV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GYLD or SDIV.
Performance
GYLD vs. SDIV - Performance Comparison
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Key characteristics
GYLD:
0.93
SDIV:
0.35
GYLD:
1.35
SDIV:
0.53
GYLD:
1.19
SDIV:
1.07
GYLD:
1.38
SDIV:
0.11
GYLD:
3.95
SDIV:
0.84
GYLD:
2.87%
SDIV:
6.25%
GYLD:
11.12%
SDIV:
16.62%
GYLD:
-54.12%
SDIV:
-56.90%
GYLD:
-0.69%
SDIV:
-34.86%
Returns By Period
In the year-to-date period, GYLD achieves a 9.76% return, which is significantly higher than SDIV's 8.38% return. Over the past 10 years, GYLD has outperformed SDIV with an annualized return of 1.26%, while SDIV has yielded a comparatively lower -2.69% annualized return.
GYLD
9.76%
4.83%
4.45%
10.29%
5.87%
10.43%
1.26%
SDIV
8.38%
4.53%
5.45%
5.69%
-1.43%
2.77%
-2.69%
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GYLD vs. SDIV - Expense Ratio Comparison
GYLD has a 0.75% expense ratio, which is higher than SDIV's 0.58% expense ratio.
Risk-Adjusted Performance
GYLD vs. SDIV — Risk-Adjusted Performance Rank
GYLD
SDIV
GYLD vs. SDIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow Dow Jones Global Yield ETF (GYLD) and Global X SuperDividend ETF (SDIV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
GYLD vs. SDIV - Dividend Comparison
GYLD's dividend yield for the trailing twelve months is around 11.92%, more than SDIV's 10.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GYLD Arrow Dow Jones Global Yield ETF | 11.92% | 12.89% | 7.13% | 4.64% | 5.50% | 7.42% | 7.81% | 8.17% | 6.78% | 7.29% | 10.35% | 7.94% |
SDIV Global X SuperDividend ETF | 10.77% | 11.33% | 11.73% | 14.17% | 8.95% | 7.96% | 8.74% | 9.22% | 6.66% | 6.95% | 7.33% | 6.45% |
Drawdowns
GYLD vs. SDIV - Drawdown Comparison
The maximum GYLD drawdown since its inception was -54.12%, roughly equal to the maximum SDIV drawdown of -56.90%. Use the drawdown chart below to compare losses from any high point for GYLD and SDIV.
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Volatility
GYLD vs. SDIV - Volatility Comparison
Arrow Dow Jones Global Yield ETF (GYLD) has a higher volatility of 3.87% compared to Global X SuperDividend ETF (SDIV) at 3.21%. This indicates that GYLD's price experiences larger fluctuations and is considered to be riskier than SDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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