SDEM vs. QDVO

Last updated Jun 13, 2026

SDEM (Global X MSCI SuperDividend Emerging Markets ETF) and QDVO (Amplify CWP Growth & Income ETF) are both exchange-traded funds - SDEM is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Top 50 Dividend, while QDVO is a Derivative Income fund actively managed by Amplify. SDEM is passively managed, while QDVO is actively managed. Over the past year, SDEM returned 28.12% vs 23.06% for QDVO. At a 0.40 correlation, their price movements are largely independent. SDEM charges 0.67%/yr vs 0.56%/yr for QDVO.

Performance

SDEM vs. QDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and Amplify CWP Growth & Income ETF (QDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDEM achieves a 11.17% return, which is significantly higher than QDVO's 6.99% return.

SDEM

• 1D: 0.93%
• 1M: 0.85%
• YTD: 11.17%
• 6M: 12.41%
• 1Y: 28.12%
• 3Y*: 19.18%
• 5Y*: 4.51%
• 10Y*: 5.26%

QDVO

• 1D: -0.03%
• 1M: -2.27%
• YTD: 6.99%
• 6M: 8.17%
• 1Y: 23.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SDEM vs. QDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SDEM Global X MSCI SuperDividend Emerging Markets ETF	11.17%	32.01%	-2.89%
QDVO Amplify CWP Growth & Income ETF	6.99%	20.16%	9.76%

Correlation

The correlation between SDEM and QDVO is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024	0.40

SDEM vs. QDVO - Sectors Allocation Comparison

Sectors	SDEM	QDVO
Financial Services	25.9%	4.1%
Industrials	11.5%	1.7%
Utilities	7.1%	0.7%
Communication Services	5.7%	16.8%
Consumer Defensive	5.5%	6.3%
Real Estate	5.2%	-
Basic Materials	3.9%	1.8%
Consumer Cyclical	3.7%	12.5%
Energy	3.5%	0.8%
Technology	2.6%	50.6%
Healthcare	1.8%	4.6%

Return for Risk

SDEM vs. QDVO — Risk / Return Rank

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

SDEM

SDEM Risk / Return Rank: 69
SDEM Sharpe Ratio Rank: 72
SDEM Sortino Ratio Rank: 72
SDEM Omega Ratio Rank: 67
SDEM Calmar Ratio Rank: 71
SDEM Martin Ratio Rank: 64

QDVO

QDVO Risk / Return Rank: 59
QDVO Sharpe Ratio Rank: 64
QDVO Sortino Ratio Rank: 62
QDVO Omega Ratio Rank: 62
QDVO Calmar Ratio Rank: 52
QDVO Martin Ratio Rank: 58

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. QDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and Amplify CWP Growth & Income ETF (QDVO). 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	QDVO	Difference
Sharpe ratio: Return per unit of total volatility	2.03	1.83	+0.20
Sortino ratio: Return per unit of downside risk	2.83	2.51	+0.32
Omega ratio: Gain probability vs. loss probability	1.35	1.33	+0.02
Calmar ratio: Return relative to maximum drawdown	3.13	2.27	+0.86
Martin ratio: Return relative to average drawdown	10.28	9.00	+1.29

SDEM vs. QDVO - Sharpe Ratio Comparison

The current SDEM Sharpe Ratio is 2.03, which is comparable to the QDVO Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of SDEM and QDVO, 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. QDVO - Drawdown Comparison

The maximum SDEM drawdown since its inception was -47.38%, which is greater than QDVO's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for SDEM and QDVO.

Drawdown Indicators

	SDEM	QDVO	Difference
Max Drawdown Largest peak-to-trough decline	-47.38%	-17.75%	-29.63%
Max Drawdown (1Y) Largest decline over 1 year	-9.03%	-10.21%	+1.18%
Max Drawdown (3Y) Largest decline over 3 years	-12.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-47.38%	—	—
Current Drawdown Current decline from peak	-3.49%	-3.48%	-0.01%
Average Drawdown Average peak-to-trough decline	-20.66%	-2.40%	-18.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	2.57%	+0.17%

Volatility

SDEM vs. QDVO - Volatility Comparison

Global X MSCI SuperDividend Emerging Markets ETF (SDEM) has a higher volatility of 4.90% compared to Amplify CWP Growth & Income ETF (QDVO) at 4.06%. This indicates that SDEM's price experiences larger fluctuations and is considered to be riskier than QDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDEM	QDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	4.06%	+0.84%
Volatility (6M) Calculated over the trailing 6-month period	11.48%	9.57%	+1.91%
Volatility (1Y) Calculated over the trailing 1-year period	13.91%	12.67%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.47%	17.56%	-0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.22%	17.56%	+1.66%

SDEM vs. QDVO - Expense Ratio Comparison

SDEM has a 0.67% expense ratio, which is higher than QDVO's 0.56% expense ratio.

Dividends

SDEM vs. QDVO - Dividend Comparison

SDEM's dividend yield for the trailing twelve months is around 4.99%, less than QDVO's 10.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QDVO Amplify CWP Growth & Income ETF	10.39%	9.92%	2.79%	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	4.99%	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 QDVO in my portfolio?

SDEM and QDVO have a correlation of 0.47, 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 QDVO?

SDEM has higher volatility (4.90%) compared to QDVO (4.06%). In terms of maximum drawdown, SDEM dropped -47.38% vs QDVO's -17.75%.

Which ETF is better, SDEM or QDVO?

On 1-year performance, SDEM leads with 28.12% vs 23.06% for QDVO. On fees, QDVO is cheaper at 0.56% per year. On volatility, QDVO has been the lower-risk option at 4.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDEM or QDVO?

Over the 1-year period, SDEM has performed better with a 28.12% return vs 23.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDEM or QDVO?

QDVO is cheaper with a 0.56% expense ratio, compared with 0.67% for SDEM.

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

QDVO has the higher dividend yield at 10.39%, compared with 4.99% for SDEM.

What is the main difference between SDEM and QDVO?

SDEM is categorized as Emerging Markets Equities, while QDVO is Derivative Income. They also come from different issuers: Global X and Amplify. Their fees differ too: 0.67% for SDEM and 0.56% for QDVO.

Which has better risk-adjusted returns?

SDEM currently has the higher Sharpe Ratio (2.03 vs 1.83), 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.