SDEM vs. VEXC
SDEM (Global X MSCI SuperDividend Emerging Markets ETF) and VEXC (Vanguard Emerging Markets Ex-China ETF) are both Emerging Markets Equities funds - SDEM tracks the MSCI Emerging Markets Top 50 Dividend while VEXC tracks the FTSE Emerging ex China Index. Both are passively managed. A 0.72 correlation means they provide meaningful diversification when combined. SDEM charges 0.67%/yr vs 0.07%/yr for VEXC.
Performance
SDEM vs. VEXC - Performance Comparison
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Returns By Period
In the year-to-date period, SDEM achieves a 10.35% return, which is significantly lower than VEXC's 20.21% 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%
VEXC
- 1D
- -1.20%
- 1M
- 4.95%
- YTD
- 20.21%
- 6M
- 23.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SDEM vs. VEXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SDEM Global X MSCI SuperDividend Emerging Markets ETF | 10.35% | 9.24% |
VEXC Vanguard Emerging Markets Ex-China ETF | 20.21% | 4.80% |
Correlation
The correlation between SDEM and VEXC 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 (All Time) Calculated using the full available price history since Oct 3, 2025 | 0.72 |
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Return for Risk
SDEM vs. VEXC — Risk / Return Rank
SDEM
VEXC
SDEM vs. VEXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI SuperDividend Emerging Markets ETF (SDEM) and Vanguard Emerging Markets Ex-China ETF (VEXC). 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 | VEXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.38 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | — | — |
| Martin ratioReturn relative to average drawdown | 11.64 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SDEM | VEXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | — | — |
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 | 2.21 | -2.03 |
Drawdowns
SDEM vs. VEXC - Drawdown Comparison
The maximum SDEM drawdown since its inception was -47.38%, which is greater than VEXC's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for SDEM and VEXC.
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Drawdown Indicators
| SDEM | VEXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.38% | -12.42% | -34.96% |
Max Drawdown (1Y)Largest decline over 1 year | -9.03% | — | — |
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 DrawdownCurrent decline from peak | -4.20% | -1.20% | -3.00% |
Average DrawdownAverage peak-to-trough decline | -20.71% | -2.23% | -18.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | — | — |
Volatility
SDEM vs. VEXC - Volatility Comparison
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Volatility by Period
| SDEM | VEXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.90% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.14% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.57% | 18.89% | -5.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.43% | 18.89% | -1.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.22% | 18.89% | +0.33% |
SDEM vs. VEXC - Expense Ratio Comparison
SDEM has a 0.67% expense ratio, which is higher than VEXC's 0.07% expense ratio.
Dividends
SDEM vs. VEXC - Dividend Comparison
SDEM's dividend yield for the trailing twelve months is around 5.42%, more than VEXC's 0.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VEXC Vanguard Emerging Markets Ex-China ETF | 0.74% | 0.43% | 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 VEXC 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.
On fees, VEXC is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEXC is cheaper with a 0.07% expense ratio, compared with 0.67% for SDEM.
SDEM has the higher dividend yield at 5.42%, compared with 0.74% for VEXC.
SDEM tracks MSCI Emerging Markets Top 50 Dividend, while VEXC tracks FTSE Emerging ex China Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.67% for SDEM and 0.07% for VEXC.
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