SDEM vs. SPY
Compare and contrast key facts about Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and SPDR S&P 500 ETF (SPY).
SDEM and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SDEM is a passively managed fund by Global X that tracks the performance of the MSCI Emerging Markets Top 50 Dividend. It was launched on Mar 17, 2015. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both SDEM and SPY 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: SDEM or SPY.
Key characteristics
| SDEM | SPY | |
|---|---|---|
| YTD Return | 2.71% | 26.01% |
| 1Y Return | 8.63% | 33.73% |
| 3Y Return (Ann) | -3.14% | 9.91% |
| 5Y Return (Ann) | -2.13% | 15.54% |
| Sharpe Ratio | 0.59 | 2.82 |
| Sortino Ratio | 0.91 | 3.76 |
| Omega Ratio | 1.11 | 1.53 |
| Calmar Ratio | 0.28 | 4.05 |
| Martin Ratio | 1.72 | 18.33 |
| Ulcer Index | 5.41% | 1.86% |
| Daily Std Dev | 15.75% | 12.07% |
| Max Drawdown | -47.37% | -55.19% |
| Current Drawdown | -27.26% | -0.90% |
Correlation
The correlation between SDEM and SPY is 0.56, 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.
Performance
SDEM vs. SPY - Performance Comparison
In the year-to-date period, SDEM achieves a 2.71% return, which is significantly lower than SPY's 26.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SDEM vs. SPY - Expense Ratio Comparison
SDEM has a 0.67% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SDEM vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and SPDR S&P 500 ETF (SPY). 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.
Dividends
SDEM vs. SPY - Dividend Comparison
SDEM's dividend yield for the trailing twelve months is around 7.41%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDEM Global X MSCI SuperDividend Emerging Markets ETF | 7.41% | 7.50% | 8.86% | 8.17% | 6.36% | 6.50% | 6.53% | 5.03% | 4.50% | 6.17% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SDEM vs. SPY - Drawdown Comparison
The maximum SDEM drawdown since its inception was -47.37%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SDEM and SPY. For additional features, visit the drawdowns tool.
Volatility
SDEM vs. SPY - Volatility Comparison
Global X MSCI SuperDividend Emerging Markets ETF (SDEM) has a higher volatility of 5.02% compared to SPDR S&P 500 ETF (SPY) at 3.84%. This indicates that SDEM's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.