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SDIP.L vs. UIND.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SDIP.L vs. UIND.L

Last updated Jul 16, 2026
Documentation

SDIP.L (Global X SuperDividend UCITS ETF USD Distributing) and UIND.L (First Trust US Equity Income UCITS ETF) are both Dividend funds - SDIP.L tracks the Solactive Global SuperDividend Index while UIND.L tracks the First Trust US Equity Income UCITS ETF. Both are passively managed. Over the past 3 years, SDIP.L returned 11.81%/yr vs 14.37%/yr for UIND.L. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

SDIP.L vs. UIND.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 First Trust US Equity Income UCITS ETF (UIND.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SDIP.L is traded in GBP, while UIND.L is traded in USD. To make them comparable, the UIND.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 7.74% return, which is significantly lower than UIND.L's 16.90% return.

SDIP.L

1D
-0.27%
1M
-0.34%
6M
3.77%
YTD
7.74%
1Y
15.72%
3Y*
11.81%
5Y*
—
10Y*
—

UIND.L

1D
0.00%
1M
1.24%
6M
13.54%
YTD
16.90%
1Y
22.09%
3Y*
14.37%
5Y*
-56.21%
10Y*
9.80%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)2025202420232022
SDIP.L
Global X SuperDividend UCITS ETF USD Distributing		7.74%18.63%1.62%0.39%-17.07%
UIND.L
First Trust US Equity Income UCITS ETF		16.90%-0.29%8.60%11.25%3.77%

Correlation

The correlation between SDIP.L and UIND.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.45

Correlation (3Y)
Calculated over the trailing 3-year period

0.54

Correlation (All Time)
Calculated using the full available price history since Feb 17, 2022

0.52

The correlation between SDIP.L and UIND.L has been stable across timeframes, ranging from 0.45 to 0.54 - a consistent structural relationship.

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Global X SuperDividend UCITS ETF USD Distributing

First Trust US Equity Income UCITS ETF

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Return for Risk

SDIP.L vs. UIND.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: 6464
Overall Rank
SDIP.L Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
SDIP.L Sortino Ratio Rank: 6363
Sortino Ratio Rank
SDIP.L Omega Ratio Rank: 6262
Omega Ratio Rank
SDIP.L Calmar Ratio Rank: 7272
Calmar Ratio Rank
SDIP.L Martin Ratio Rank: 6060
Martin Ratio Rank
UIND.L
UIND.L Risk / Return Rank: 7878
Overall Rank
UIND.L Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
UIND.L Sortino Ratio Rank: 8484
Sortino Ratio Rank
UIND.L Omega Ratio Rank: 7373
Omega Ratio Rank
UIND.L Calmar Ratio Rank: 8484
Calmar Ratio Rank
UIND.L Martin Ratio Rank: 6868
Martin Ratio Rank
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. UIND.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 First Trust US Equity Income UCITS ETF (UIND.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.LUIND.LDifference
Sharpe ratioReturn per unit of total volatility
1.68
1.86

-0.18

Sortino ratioReturn per unit of downside risk
2.38
2.67

-0.29

Omega ratioGain probability vs. loss probability

1.30

1.31

-0.01

Calmar ratioReturn relative to maximum drawdown

2.93

4.66

-1.74

Martin ratioReturn relative to average drawdown

8.61

13.08

-4.47

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

The current SDIP.L Sharpe Ratio is 1.68, which is comparable to the UIND.L Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of SDIP.L and UIND.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.

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Drawdowns

SDIP.L vs. UIND.L - Drawdown Comparison

The maximum SDIP.L drawdown since its inception was -27.38%, smaller than the maximum UIND.L drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for SDIP.L and UIND.L.

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Drawdown Indicators

SDIP.LUIND.LDifference

Max Drawdown

Largest peak-to-trough decline

-27.38%

-99.11%

+71.73%

Max Drawdown (1Y)

Largest decline over 1 year

-5.35%

-5.19%

-0.16%

Max Drawdown (3Y)

Largest decline over 3 years

-17.52%

-22.97%

+5.45%

Max Drawdown (5Y)

Largest decline over 5 years

—

-99.11%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-99.11%

—

Current Drawdown

Current decline from peak

-2.61%

-98.60%

+95.99%

Average Drawdown

Average peak-to-trough decline

-12.90%

-45.96%

+33.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.82%

1.85%

-0.03%

Volatility

SDIP.L vs. UIND.L - Volatility Comparison

The current volatility for Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) is 2.29%, while First Trust US Equity Income UCITS ETF (UIND.L) has a volatility of 4.43%. This indicates that SDIP.L experiences smaller price fluctuations and is considered to be less risky than UIND.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SDIP.LUIND.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.29%

4.43%

-2.14%

Volatility (6M)

Calculated over the trailing 6-month period

6.58%

9.59%

-3.01%

Volatility (1Y)

Calculated over the trailing 1-year period

9.35%

13.18%

-3.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.99%

47.62%

-31.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.99%

3,140.60%

-3,124.61%

Dividends

SDIP.L vs. UIND.L - Dividend Comparison

SDIP.L's dividend yield for the trailing twelve months is around 9.36%, more than UIND.L's 2.78% yield.

PositionTTM2025202420232022202120202019201820172016
SDIP.L
Global X SuperDividend UCITS ETF USD Distributing		9.36%9.39%11.34%12.51%8.71%0.00%0.00%0.00%0.00%0.00%0.00%
UIND.L
First Trust US Equity Income UCITS ETF		2.78%3.00%2.90%3.14%3.27%0.02%3.14%3.04%3.14%2.42%1.69%

Frequently Asked Questions

SDIP.L and UIND.L have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SDIP.L tracks Solactive Global SuperDividend Index, while UIND.L tracks First Trust US Equity Income UCITS ETF. They also come from different issuers: Global X and First Trust.

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