SDEM vs. GEME

Last updated Jun 4, 2026

SDEM (Global X MSCI SuperDividend Emerging Markets ETF) and GEME (Pacific North of South Global Emerging Markets Equity Active ETF) are both Emerging Markets Equities funds. SDEM is passively managed, while GEME is actively managed. Over the past year, SDEM returned 30.03% vs 82.30% for GEME. A 0.67 correlation means they provide meaningful diversification when combined. SDEM charges 0.67%/yr vs 0.75%/yr for GEME.

Performance

SDEM vs. GEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and Pacific North of South Global Emerging Markets Equity Active ETF (GEME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDEM achieves a 10.35% return, which is significantly lower than GEME's 38.52% return.

SDEM

• 1D: -1.52%
• 1M: 1.02%
• YTD: 10.35%
• 6M: 10.30%
• 1Y: 30.03%
• 3Y*: 19.61%
• 5Y*: 4.14%
• 10Y*: 4.84%

GEME

• 1D: -1.23%
• 1M: 10.91%
• YTD: 38.52%
• 6M: 44.89%
• 1Y: 82.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SDEM vs. GEME - Yearly Performance Comparison

	2026 (YTD)	2025
SDEM Global X MSCI SuperDividend Emerging Markets ETF	10.35%	27.59%
GEME Pacific North of South Global Emerging Markets Equity Active ETF	38.52%	37.35%

Correlation

The correlation between SDEM and GEME is 0.65, 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	0.65
Correlation (All Time) Calculated using the full available price history since Jan 24, 2025	0.67

The correlation between SDEM and GEME has been stable across timeframes, ranging from 0.65 to 0.67 - a consistent structural relationship.

Return for Risk

SDEM vs. GEME — 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: 66
SDEM Sortino Ratio Rank: 66
SDEM Omega Ratio Rank: 62
SDEM Calmar Ratio Rank: 67
SDEM Martin Ratio Rank: 64

GEME

GEME Risk / Return Rank: 93
GEME Sharpe Ratio Rank: 95
GEME Sortino Ratio Rank: 93
GEME Omega Ratio Rank: 94
GEME Calmar Ratio Rank: 92
GEME Martin Ratio Rank: 93

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. GEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and Pacific North of South Global Emerging Markets Equity Active ETF (GEME). 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.

	SDEM	GEME	Difference
Sharpe ratio: Return per unit of total volatility	2.22	3.90	-1.67
Sortino ratio: Return per unit of downside risk	3.07	4.67	-1.60
Omega ratio: Gain probability vs. loss probability	1.38	1.68	-0.29
Calmar ratio: Return relative to maximum drawdown	3.34	6.15	-2.81
Martin ratio: Return relative to average drawdown	11.64	24.06	-12.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDEM vs. GEME - Sharpe Ratio Comparison

The current SDEM Sharpe Ratio is 2.22, which is lower than the GEME Sharpe Ratio of 3.90. The chart below compares the historical Sharpe Ratios of SDEM and GEME, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SDEM	GEME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	3.90	-1.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	2.66	-2.47

Drawdowns

SDEM vs. GEME - Drawdown Comparison

The maximum SDEM drawdown since its inception was -47.38%, which is greater than GEME's maximum drawdown of -16.86%. Use the drawdown chart below to compare losses from any high point for SDEM and GEME.

Drawdown Indicators

	SDEM	GEME	Difference
Max Drawdown Largest peak-to-trough decline	-47.38%	-16.86%	-30.52%
Max Drawdown (1Y) Largest decline over 1 year	-9.03%	-13.46%	+4.43%
Max Drawdown (3Y) Largest decline over 3 years	-12.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.70%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-47.38%	—	—
Current Drawdown Current decline from peak	-4.20%	-1.23%	-2.97%
Average Drawdown Average peak-to-trough decline	-20.71%	-2.30%	-18.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	3.43%	-0.84%

Volatility

SDEM vs. GEME - Volatility Comparison

The current volatility for Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is 4.90%, while Pacific North of South Global Emerging Markets Equity Active ETF (GEME) has a volatility of 8.56%. This indicates that SDEM experiences smaller price fluctuations and is considered to be less risky than GEME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDEM	GEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	8.56%	-3.66%
Volatility (6M) Calculated over the trailing 6-month period	11.14%	17.91%	-6.77%
Volatility (1Y) Calculated over the trailing 1-year period	13.57%	21.23%	-7.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.43%	22.95%	-5.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.22%	22.95%	-3.73%

SDEM vs. GEME - Expense Ratio Comparison

SDEM has a 0.67% expense ratio, which is lower than GEME's 0.75% expense ratio.

Dividends

SDEM vs. GEME - Dividend Comparison

SDEM's dividend yield for the trailing twelve months is around 5.42%, more than GEME's 5.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GEME Pacific North of South Global Emerging Markets Equity Active ETF	5.06%	7.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SDEM Global X MSCI SuperDividend Emerging Markets ETF	5.42%	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 GEME in my portfolio?

SDEM and GEME have a correlation of 0.65, 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 GEME?

GEME has higher volatility (8.56%) compared to SDEM (4.90%). In terms of maximum drawdown, SDEM dropped -47.38% vs GEME's -16.86%.

Which ETF is better, SDEM or GEME?

On 1-year performance, GEME leads with 82.30% vs 30.03% for SDEM. On fees, SDEM is cheaper at 0.67% per year. On volatility, SDEM has been the lower-risk option at 4.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDEM or GEME?

Over the 1-year period, GEME has performed better with a 82.30% return vs 30.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDEM or GEME?

SDEM is cheaper with a 0.67% expense ratio, compared with 0.75% for GEME.

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

SDEM has the higher dividend yield at 5.42%, compared with 5.06% for GEME.

What is the main difference between SDEM and GEME?

They also come from different issuers: Global X and Pacific AM. Their fees differ too: 0.67% for SDEM and 0.75% for GEME.

Which has better risk-adjusted returns?

GEME currently has the higher Sharpe Ratio (3.90 vs 2.22), 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.