SDIP.L vs. FRXD.L

Last updated Jul 17, 2026

SDIP.L (Global X SuperDividend UCITS ETF USD Distributing) and FRXD.L (Franklin European Quality Dividend UCITS ETF EUR (Dist)) are both exchange-traded funds - SDIP.L is a Dividend fund tracking the Solactive Global SuperDividend Index, while FRXD.L is a Europe Equities fund tracking the LibertyQ European Dividend Index-NR. Both are passively managed. Over the past 3 years, SDIP.L returned 12.06%/yr vs 19.51%/yr for FRXD.L. At a 0.44 correlation, their price movements are largely independent. SDIP.L charges 0.45%/yr vs 0.25%/yr for FRXD.L.

Performance

SDIP.L vs. FRXD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) and Franklin European Quality Dividend UCITS ETF EUR (Dist) (FRXD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SDIP.L is traded in GBP, while FRXD.L is traded in EUR. To make them comparable, the FRXD.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, SDIP.L achieves a 8.60% return, which is significantly lower than FRXD.L's 9.10% return.

SDIP.L

• 1D: 0.80%
• 1M: 1.39%
• 6M: 3.01%
• YTD: 8.60%
• 1Y: 17.80%
• 3Y*: 12.06%
• 5Y*: —
• 10Y*: —

FRXD.L

• 1D: 0.26%
• 1M: -2.33%
• 6M: 8.79%
• YTD: 9.10%
• 1Y: 17.36%
• 3Y*: 19.51%
• 5Y*: 12.17%
• 10Y*: —

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

SDIP.L vs. FRXD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SDIP.L Global X SuperDividend UCITS ETF USD Distributing	8.60%	18.63%	1.62%	0.39%	-17.07%
FRXD.L Franklin European Quality Dividend UCITS ETF EUR (Dist)	9.10%	30.65%	7.63%	8.12%	4.03%

Correlation

The correlation between SDIP.L and FRXD.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (All Time) Calculated using the full available price history since Feb 17, 2022	0.44

Return for Risk

SDIP.L vs. FRXD.L — Risk / Return Rank

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

SDIP.L

SDIP.L Risk / Return Rank: 74
SDIP.L Sharpe Ratio Rank: 75
SDIP.L Sortino Ratio Rank: 75
SDIP.L Omega Ratio Rank: 74
SDIP.L Calmar Ratio Rank: 79
SDIP.L Martin Ratio Rank: 68

FRXD.L

FRXD.L Risk / Return Rank: 89
FRXD.L Sharpe Ratio Rank: 87
FRXD.L Sortino Ratio Rank: 88
FRXD.L Omega Ratio Rank: 86
FRXD.L Calmar Ratio Rank: 95
FRXD.L Martin Ratio Rank: 87

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.

SDIP.L vs. FRXD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) and Franklin European Quality Dividend UCITS ETF EUR (Dist) (FRXD.L). 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.

	SDIP.L	FRXD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.94	-0.03
Sortino ratio: Return per unit of downside risk	2.70	2.77	-0.08
Omega ratio: Gain probability vs. loss probability	1.35	1.34	0.00
Calmar ratio: Return relative to maximum drawdown	3.31	4.81	-1.50
Martin ratio: Return relative to average drawdown	9.73	10.94	-1.21

SDIP.L vs. FRXD.L - Sharpe Ratio Comparison

The current SDIP.L Sharpe Ratio is 1.91, which is comparable to the FRXD.L Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of SDIP.L and FRXD.L, 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

SDIP.L vs. FRXD.L - Drawdown Comparison

The maximum SDIP.L drawdown since its inception was -27.38%, smaller than the maximum FRXD.L drawdown of -29.39%. Use the drawdown chart below to compare losses from any high point for SDIP.L and FRXD.L.

Drawdown Indicators

	SDIP.L	FRXD.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.38%	-29.39%	+2.01%
Max Drawdown (1Y) Largest decline over 1 year	-5.35%	-3.59%	-1.76%
Max Drawdown (3Y) Largest decline over 3 years	-17.52%	-8.29%	-9.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-12.18%	—
Current Drawdown Current decline from peak	-1.83%	-3.29%	+1.46%
Average Drawdown Average peak-to-trough decline	-12.89%	-3.52%	-9.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	1.58%	+0.25%

Volatility

SDIP.L vs. FRXD.L - Volatility Comparison

The current volatility for Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) is 2.37%, while Franklin European Quality Dividend UCITS ETF EUR (Dist) (FRXD.L) has a volatility of 2.72%. This indicates that SDIP.L experiences smaller price fluctuations and is considered to be less risky than FRXD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDIP.L	FRXD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.37%	2.72%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	6.45%	7.09%	-0.64%
Volatility (1Y) Calculated over the trailing 1-year period	9.36%	8.92%	+0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.98%	11.34%	+4.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.98%	13.38%	+2.60%

SDIP.L vs. FRXD.L - Expense Ratio Comparison

SDIP.L has a 0.45% expense ratio, which is higher than FRXD.L's 0.25% expense ratio.

Dividends

SDIP.L vs. FRXD.L - Dividend Comparison

SDIP.L's dividend yield for the trailing twelve months is around 9.29%, more than FRXD.L's 3.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FRXD.L Franklin European Quality Dividend UCITS ETF EUR (Dist)	3.95%	4.28%	4.30%	5.00%	5.20%	4.63%	3.53%	4.42%	5.53%
SDIP.L Global X SuperDividend UCITS ETF USD Distributing	9.29%	9.39%	11.34%	12.51%	8.71%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SDIP.L and FRXD.L in my portfolio?

SDIP.L and FRXD.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SDIP.L or FRXD.L?

On fees, FRXD.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SDIP.L or FRXD.L?

FRXD.L is cheaper with a 0.25% expense ratio, compared with 0.45% for SDIP.L.

What is the main difference between SDIP.L and FRXD.L?

SDIP.L is categorized as Dividend, while FRXD.L is Europe Equities. SDIP.L tracks Solactive Global SuperDividend Index, while FRXD.L tracks LibertyQ European Dividend Index-NR. They also come from different issuers: Global X and Franklin. Their fees differ too: 0.45% for SDIP.L and 0.25% for FRXD.L.