SDEM vs. DVYA

Last updated Jun 23, 2026

SDEM (Global X MSCI SuperDividend Emerging Markets ETF) and DVYA (iShares Asia/Pacific Dividend ETF) are both exchange-traded funds - SDEM is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Top 50 Dividend, while DVYA is a Asia Pacific Equities fund tracking the Dow Jones Asia/Pacific Select Dividend 30 Index. Both are passively managed. Over the past 10 years, SDEM returned 5.15%/yr vs 7.25%/yr for DVYA. A 0.68 correlation means they provide meaningful diversification when combined. SDEM charges 0.67%/yr vs 0.49%/yr for DVYA.

Performance

SDEM vs. DVYA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and iShares Asia/Pacific Dividend ETF (DVYA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SDEM having a 10.92% return and DVYA slightly lower at 10.85%. Over the past 10 years, SDEM has underperformed DVYA with an annualized return of 5.15%, while DVYA has yielded a comparatively higher 7.25% annualized return.

SDEM

• 1D: -0.13%
• 1M: 0.51%
• YTD: 10.92%
• 6M: 13.02%
• 1Y: 29.53%
• 3Y*: 19.78%
• 5Y*: 4.90%
• 10Y*: 5.15%

DVYA

• 1D: -0.56%
• 1M: -3.03%
• YTD: 10.85%
• 6M: 10.27%
• 1Y: 36.26%
• 3Y*: 21.27%
• 5Y*: 10.06%
• 10Y*: 7.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SDEM vs. DVYA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SDEM Global X MSCI SuperDividend Emerging Markets ETF	10.92%	32.01%	4.02%	12.64%	-21.53%	2.11%	-11.13%	17.56%	-17.40%	16.57%
DVYA iShares Asia/Pacific Dividend ETF	10.85%	30.22%	6.05%	13.75%	-2.17%	3.41%	-9.61%	14.70%	-14.87%	16.99%

Correlation

The correlation between SDEM and DVYA is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since Mar 17, 2015	0.68

The correlation between SDEM and DVYA has been stable across timeframes, ranging from 0.68 to 0.72 - a consistent structural relationship.

SDEM vs. DVYA - Sectors Allocation Comparison

Sectors	SDEM	DVYA
Financial Services	27.3%	30.8%
Industrials	11.1%	6.7%
Real Estate	8.1%	10.0%
Utilities	7.1%	4.1%
Communication Services	5.5%	4.4%
Consumer Defensive	5.2%	4.7%
Basic Materials	3.7%	18.3%
Consumer Cyclical	3.5%	11.1%
Technology	3.3%	1.8%
Energy	3.2%	4.8%
Healthcare	1.8%	3.4%

Return for Risk

SDEM vs. DVYA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SDEM

SDEM Risk / Return Rank: 65
SDEM Sharpe Ratio Rank: 68
SDEM Sortino Ratio Rank: 67
SDEM Omega Ratio Rank: 63
SDEM Calmar Ratio Rank: 68
SDEM Martin Ratio Rank: 61

DVYA

DVYA Risk / Return Rank: 83
DVYA Sharpe Ratio Rank: 87
DVYA Sortino Ratio Rank: 85
DVYA Omega Ratio Rank: 83
DVYA Calmar Ratio Rank: 83
DVYA Martin Ratio Rank: 76

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.

SDEM vs. DVYA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and iShares Asia/Pacific Dividend ETF (DVYA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SDEM	DVYA	Difference
Sharpe ratio: Return per unit of total volatility	2.14	2.74	-0.60
Sortino ratio: Return per unit of downside risk	2.96	3.65	-0.69
Omega ratio: Gain probability vs. loss probability	1.37	1.48	-0.11
Calmar ratio: Return relative to maximum drawdown	3.29	4.22	-0.93
Martin ratio: Return relative to average drawdown	10.65	14.09	-3.44

SDEM vs. DVYA - Sharpe Ratio Comparison

The current SDEM Sharpe Ratio is 2.14, which is comparable to the DVYA Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of SDEM and DVYA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SDEM vs. DVYA - Drawdown Comparison

The maximum SDEM drawdown since its inception was -47.38%, roughly equal to the maximum DVYA drawdown of -45.61%. Use the drawdown chart below to compare losses from any high point for SDEM and DVYA.

Drawdown Indicators

	SDEM	DVYA	Difference
Max Drawdown Largest peak-to-trough decline	-47.38%	-45.61%	-1.77%
Max Drawdown (1Y) Largest decline over 1 year	-9.03%	-8.64%	-0.39%
Max Drawdown (3Y) Largest decline over 3 years	-12.34%	-19.15%	+6.81%
Max Drawdown (5Y) Largest decline over 5 years	-36.08%	-25.18%	-10.90%
Max Drawdown (10Y) Largest decline over 10 years	-47.38%	-45.61%	-1.77%
Current Drawdown Current decline from peak	-3.70%	-5.24%	+1.54%
Average Drawdown Average peak-to-trough decline	-20.63%	-10.04%	-10.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	2.58%	+0.20%

Volatility

SDEM vs. DVYA - Volatility Comparison

Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and iShares Asia/Pacific Dividend ETF (DVYA) have volatilities of 4.32% and 4.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDEM	DVYA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.32%	4.15%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	11.50%	11.01%	+0.49%
Volatility (1Y) Calculated over the trailing 1-year period	13.91%	13.34%	+0.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.47%	15.15%	+2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.20%	17.54%	+1.66%

SDEM vs. DVYA - Expense Ratio Comparison

SDEM has a 0.67% expense ratio, which is higher than DVYA's 0.49% expense ratio.

Dividends

SDEM vs. DVYA - Dividend Comparison

SDEM's dividend yield for the trailing twelve months is around 5.00%, more than DVYA's 4.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVYA iShares Asia/Pacific Dividend ETF	4.67%	4.71%	5.97%	6.48%	7.29%	5.81%	3.66%	5.52%	6.24%	4.74%	4.79%	5.33%
SDEM Global X MSCI SuperDividend Emerging Markets ETF	5.00%	5.27%	7.28%	7.50%	8.86%	8.14%	6.30%	6.47%	6.55%	5.01%	5.06%	6.14%

Frequently Asked Questions

Can I hold both SDEM and DVYA in my portfolio?

SDEM and DVYA have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDEM or DVYA?

SDEM has higher volatility (4.32%) compared to DVYA (4.15%). In terms of maximum drawdown, SDEM dropped -47.38% vs DVYA's -45.61%.

Which ETF is better, SDEM or DVYA?

On 10-year performance, DVYA leads with 7.25% vs 5.15% for SDEM. On fees, DVYA is cheaper at 0.49% per year. On volatility, DVYA has been the lower-risk option at 4.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDEM or DVYA?

Over the 10-year period, DVYA has performed better with a 7.25% return vs 5.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDEM or DVYA?

DVYA is cheaper with a 0.49% expense ratio, compared with 0.67% for SDEM.

Which ETF pays a higher dividend yield, SDEM or DVYA?

SDEM has the higher dividend yield at 5.00%, compared with 4.67% for DVYA.

What is the main difference between SDEM and DVYA?

SDEM is categorized as Emerging Markets Equities, while DVYA is Asia Pacific Equities. SDEM tracks MSCI Emerging Markets Top 50 Dividend, while DVYA tracks Dow Jones Asia/Pacific Select Dividend 30 Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.67% for SDEM and 0.49% for DVYA.

Which has better risk-adjusted returns?

DVYA currently has the higher Sharpe Ratio (2.74 vs 2.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.