Key stats
About Global X MSCI SuperDividend Emerging Markets ETF
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Inception date
Mar 16, 2015
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37960A6771
SDEM offers an equal-weighted alternative to the emerging market high-dividend-yield space. The fund holds the 50 highest-yielding stocks after screening for consistent dividends over the year (or, if per-share dividends have decreased somewhat, that the payout ratio has not decreased). The fund also screens out stocks at the very bottom of price performance in an attempt to weed out stocks with high yield driven by falling prices. SDEM`s equal weighting typically produces a portfolio with a bias toward smaller firms. To achieve diversification, country and sector exposure are each capped at 35%. The index is rebalanced on a quarterly basis starting each February. Prior to Nov. 16, 2016, the funds name is Global X SuperDividend Emerging Markets ETF and tracked the INDXX SuperDividend Emerging Markets Index, which excluded South Korea and Taiwan.
Related funds
Classification
What's in the fund
Exposure type
Finance
Energy Minerals
Transportation
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GGXE assets under management is 33.76 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GGXE invests in stocks. See more details in our Analysis section.
GGXE expense ratio is 0.68%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GGXE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, GGXE pays dividends to its holders with the dividend yield of 5.78%.
GGXE shares are issued by Mirae Asset Global Investments Co., Ltd.
GGXE follows the MSCI Emerging Markets Top 50 Dividend. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 16, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.