SDIV vs. XYLD

Last updated Jun 4, 2026

SDIV (Global X SuperDividend ETF) and XYLD (Global X S&P 500 Covered Call ETF) are both exchange-traded funds - SDIV is a Global Equities fund tracking the Solactive Global SuperDividend Index, while XYLD is a Derivative Income fund tracking the Cboe S&P 500 BuyWrite Index. Both are passively managed. Over the past 10 years, SDIV returned -0.07%/yr vs 8.25%/yr for XYLD. A 0.58 correlation means they provide meaningful diversification when combined. SDIV charges 0.58%/yr vs 0.60%/yr for XYLD.

Performance

SDIV vs. XYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X SuperDividend ETF (SDIV) and Global X S&P 500 Covered Call ETF (XYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDIV achieves a 5.97% return, which is significantly higher than XYLD's 4.96% return. Over the past 10 years, SDIV has underperformed XYLD with an annualized return of -0.07%, while XYLD has yielded a comparatively higher 8.25% annualized return.

SDIV

• 1D: -2.00%
• 1M: -3.86%
• YTD: 5.97%
• 6M: 6.19%
• 1Y: 25.09%
• 3Y*: 15.75%
• 5Y*: -0.84%
• 10Y*: -0.07%

XYLD

• 1D: -0.15%
• 1M: 2.00%
• YTD: 4.96%
• 6M: 6.48%
• 1Y: 17.66%
• 3Y*: 11.27%
• 5Y*: 7.72%
• 10Y*: 8.25%

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

SDIV vs. XYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SDIV Global X SuperDividend ETF	5.97%	29.12%	1.77%	5.46%	-26.43%	3.76%	-20.89%	13.04%	-15.07%	11.95%
XYLD Global X S&P 500 Covered Call ETF	4.96%	8.02%	19.49%	11.10%	-12.05%	19.59%	-0.56%	21.41%	-6.09%	16.49%

Correlation

The correlation between SDIV and XYLD is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Jun 25, 2013	0.58

The correlation between SDIV and XYLD has been stable across timeframes, ranging from 0.49 to 0.58 - a consistent structural relationship.

SDIV vs. XYLD - Sectors Allocation Comparison

Sectors	SDIV	XYLD
Real Estate	36.2%	1.9%
Energy	18.4%	3.5%
Industrials	14.3%	8.3%
Financial Services	8.9%	11.8%
Communication Services	6.1%	11.2%
Consumer Cyclical	5.5%	10.2%
Consumer Defensive	3.7%	4.9%
Basic Materials	2.8%	1.8%
Technology	1.6%	35.6%
Healthcare	1.4%	8.5%
Utilities	1.1%	2.3%

Return for Risk

SDIV vs. XYLD — Risk / Return Rank

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

SDIV

SDIV Risk / Return Rank: 61
SDIV Sharpe Ratio Rank: 58
SDIV Sortino Ratio Rank: 56
SDIV Omega Ratio Rank: 56
SDIV Calmar Ratio Rank: 68
SDIV Martin Ratio Rank: 66

XYLD

XYLD Risk / Return Rank: 82
XYLD Sharpe Ratio Rank: 81
XYLD Sortino Ratio Rank: 84
XYLD Omega Ratio Rank: 92
XYLD Calmar Ratio Rank: 66
XYLD Martin Ratio Rank: 85

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.

SDIV vs. XYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend ETF (SDIV) and Global X S&P 500 Covered Call ETF (XYLD). 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.

	SDIV	XYLD	Difference
Sharpe ratio: Return per unit of total volatility	2.02	2.71	-0.69
Sortino ratio: Return per unit of downside risk	2.73	3.87	-1.14
Omega ratio: Gain probability vs. loss probability	1.35	1.64	-0.29
Calmar ratio: Return relative to maximum drawdown	3.43	3.35	+0.08
Martin ratio: Return relative to average drawdown	12.41	17.84	-5.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDIV vs. XYLD - Sharpe Ratio Comparison

The current SDIV Sharpe Ratio is 2.02, which is comparable to the XYLD Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of SDIV and XYLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SDIV	XYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	2.71	-0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.05	0.69	-0.74
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.00	0.58	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.60	-0.54

Drawdowns

SDIV vs. XYLD - Drawdown Comparison

The maximum SDIV drawdown since its inception was -56.90%, which is greater than XYLD's maximum drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for SDIV and XYLD.

Drawdown Indicators

	SDIV	XYLD	Difference
Max Drawdown Largest peak-to-trough decline	-56.90%	-33.46%	-23.44%
Max Drawdown (1Y) Largest decline over 1 year	-7.35%	-5.29%	-2.06%
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	-15.53%	-3.11%
Max Drawdown (5Y) Largest decline over 5 years	-41.94%	-18.66%	-23.28%
Max Drawdown (10Y) Largest decline over 10 years	-56.90%	-33.46%	-23.44%
Current Drawdown Current decline from peak	-17.77%	-0.15%	-17.62%
Average Drawdown Average peak-to-trough decline	-18.59%	-3.72%	-14.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	0.99%	+1.04%

Volatility

SDIV vs. XYLD - Volatility Comparison

Global X SuperDividend ETF (SDIV) has a higher volatility of 4.21% compared to Global X S&P 500 Covered Call ETF (XYLD) at 0.88%. This indicates that SDIV's price experiences larger fluctuations and is considered to be riskier than XYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDIV	XYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	0.88%	+3.33%
Volatility (6M) Calculated over the trailing 6-month period	9.64%	5.37%	+4.27%
Volatility (1Y) Calculated over the trailing 1-year period	12.47%	6.55%	+5.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.86%	11.22%	+5.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.97%	14.21%	+4.76%

SDIV vs. XYLD - Expense Ratio Comparison

SDIV has a 0.58% expense ratio, which is lower than XYLD's 0.60% expense ratio.

Dividends

SDIV vs. XYLD - Dividend Comparison

SDIV's dividend yield for the trailing twelve months is around 10.02%, less than XYLD's 10.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SDIV Global X SuperDividend ETF	10.02%	9.59%	11.33%	11.73%	14.17%	8.95%	7.96%	8.73%	9.22%	6.66%	6.95%	7.33%
XYLD Global X S&P 500 Covered Call ETF	10.52%	10.51%	11.54%	10.51%	13.43%	9.07%	7.93%	5.76%	7.12%	5.18%	3.23%	4.65%

Frequently Asked Questions

Can I hold both SDIV and XYLD in my portfolio?

SDIV and XYLD have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDIV or XYLD?

SDIV has higher volatility (4.21%) compared to XYLD (0.88%). In terms of maximum drawdown, SDIV dropped -56.90% vs XYLD's -33.46%.

Which ETF is better, SDIV or XYLD?

On 10-year performance, XYLD leads with 8.25% vs -0.07% for SDIV. On fees, SDIV is cheaper at 0.58% per year. On volatility, XYLD has been the lower-risk option at 0.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDIV or XYLD?

Over the 10-year period, XYLD has performed better with a 8.25% return vs -0.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDIV or XYLD?

SDIV is cheaper with a 0.58% expense ratio, compared with 0.60% for XYLD.

Which ETF pays a higher dividend yield, SDIV or XYLD?

XYLD has the higher dividend yield at 10.52%, compared with 10.02% for SDIV.

What is the main difference between SDIV and XYLD?

SDIV is categorized as Global Equities, while XYLD is Derivative Income. SDIV tracks Solactive Global SuperDividend Index, while XYLD tracks Cboe S&P 500 BuyWrite Index. Their fees differ too: 0.58% for SDIV and 0.60% for XYLD.

Which has better risk-adjusted returns?

XYLD currently has the higher Sharpe Ratio (2.71 vs 2.02), 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.