SDEM vs. TDEC
SDEM (Global X MSCI SuperDividend Emerging Markets ETF) and TDEC (FT Vest Emerging Markets Buffer ETF - December) are both exchange-traded funds - SDEM is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Top 50 Dividend, while TDEC is a Defined Outcome fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past year, SDEM returned 26.92% vs 18.52% for TDEC. Their 0.70 correlation means they have sometimes moved together and sometimes differently. SDEM charges 0.67%/yr vs 0.95%/yr for TDEC.
Performance
SDEM vs. TDEC - Performance Comparison
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Returns By Period
In the year-to-date period, SDEM achieves a 14.03% return, which is significantly higher than TDEC's 9.71% return.
SDEM
- 1D
- -0.52%
- 1M
- 2.58%
- 6M
- 4.55%
- YTD
- 14.03%
- 1Y
- 26.92%
- 3Y*
- 19.31%
- 5Y*
- 6.07%
- 10Y*
- 4.09%
- ALL TIME*
- 3.94%
TDEC
- 1D
- 0.28%
- 1M
- 1.05%
- 6M
- 5.71%
- YTD
- 9.71%
- 1Y
- 18.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $94.66K | $95.29K | $111.33K | |
| $45.14K | $70.00K | $193.92K |
SDEM vs. TDEC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SDEM Global X MSCI SuperDividend Emerging Markets ETF | 14.03% | 32.01% | -0.51% |
TDEC FT Vest Emerging Markets Buffer ETF - December | 9.71% | 21.39% | -0.75% |
Correlation
The correlation between SDEM and TDEC is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2024 | 0.70 |
The correlation between SDEM and TDEC has been stable across timeframes, ranging from 0.66 to 0.70 - a consistent structural relationship.
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Return for Risk
SDEM vs. TDEC — Risk / Return Rank
SDEM
TDEC
SDEM vs. TDEC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and FT Vest Emerging Markets Buffer ETF - December (TDEC). 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 | TDEC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.36 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 2.28 | +0.71 |
| Martin ratioReturn relative to average drawdown | 8.90 | 9.25 | -0.35 |
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Drawdowns
SDEM vs. TDEC - Drawdown Comparison
The maximum SDEM drawdown since its inception was -47.38%, which is greater than TDEC's maximum drawdown of -10.30%. Use the drawdown chart below to compare losses from any high point for SDEM and TDEC.
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Drawdown Indicators
| SDEM | TDEC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.38% | -10.30% | -37.08% |
Max Drawdown (1Y)Largest decline over 1 year | -9.03% | -8.16% | -0.87% |
Max Drawdown (3Y)Largest decline over 3 years | -12.34% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -36.08% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.38% | — | — |
Current DrawdownCurrent decline from peak | -1.01% | -0.26% | -0.75% |
Average DrawdownAverage peak-to-trough decline | -20.44% | -1.11% | -19.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 2.01% | +1.02% |
Volatility
SDEM vs. TDEC - Volatility Comparison
Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and FT Vest Emerging Markets Buffer ETF - December (TDEC) have volatilities of 3.35% and 3.32%, 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.
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Volatility by Period
| SDEM | TDEC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 3.32% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 11.49% | 10.28% | +1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.22% | 11.05% | +3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.47% | 11.95% | +5.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.05% | 11.95% | +7.10% |
SDEM vs. TDEC - Expense Ratio Comparison
SDEM has a 0.67% expense ratio, which is lower than TDEC's 0.95% expense ratio.
Dividends
SDEM vs. TDEC - Dividend Comparison
SDEM's dividend yield for the trailing twelve months is around 4.96%, while TDEC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDEM Global X MSCI SuperDividend Emerging Markets ETF | 4.96% | 5.27% | 7.28% | 7.50% | 8.86% | 8.14% | 6.30% | 6.47% | 6.55% | 5.01% | 5.06% | 6.14% |
TDEC FT Vest Emerging Markets Buffer ETF - December | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SDEM and TDEC have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SDEM has higher volatility (3.35%) compared to TDEC (3.32%). In terms of maximum drawdown, SDEM dropped -47.38% vs TDEC's -10.30%.
On 1-year performance, SDEM leads with 26.92% vs 18.52% for TDEC. On fees, SDEM is cheaper at 0.67% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SDEM has performed better with a 26.92% return vs 18.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SDEM is cheaper with a 0.67% expense ratio, compared with 0.95% for TDEC.
SDEM has the higher dividend yield at 4.96%, compared with 0.00% for TDEC.
SDEM is categorized as Emerging Markets Equities, while TDEC is Defined Outcome. SDEM tracks MSCI Emerging Markets Top 50 Dividend, while TDEC tracks MSCI Emerging Markets. They also come from different issuers: Global X and FT Vest. Their fees differ too: 0.67% for SDEM and 0.95% for TDEC.
SDEM currently has the higher Sharpe Ratio (1.90 vs 1.68), 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.
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