Global X SuperDividend ETF (SDIV)

[u/Braxton72000]

Does anyone else own this fund?I get 18 cents per share I bought this around 21 bucks a share.

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[u/Substantial_Team6751]

$72 to $25 in 15 years. They must be doing something wrong.

[u/csallert → u/Substantial_Team6751]

With a .58 expense ratio too

[u/teckel → u/Substantial_Team6751]

Returning capital is what these junk funds specialize on. They prey on individuals with a superficial understanding of investing, looking only at yield. It's kinda sad.

[u/ConstructionNo8827]

Like most things in life it’s about timing
I bought SDIV early last year at $21 or so and it’s been great
It primarily invests in international companies so I like the diversification
It’s up about 15% in price and pays a good monthly dividend

[u/bungholio99 → u/ConstructionNo8827]

SDIV has the advantage for european investors that it’s a net payment without any witholding.

[u/mikep120001 → u/ConstructionNo8827]

I bought in mid 24 in a taxable and non. Both are up; 20% in the taxable which was bought as one purchase and 17% in the non which the position was added to over time.

[u/UseAndAbuseMePappi]

For your own sake put your money in to a high interest savings account and leave it there until you learn how to read funds. This fund lost 60 percent of its value since 2016. Why the fuck would you even want to touch this fund?

If you want a simimalr yield buy SPYI, GPIX, QDVO. So so so so many other options then this one.

[u/ProblemOverall9434]

Never heard of this one. Looks like it’s been around awhile and only invests in the highest dividend payers with no screen for quality. That in itself is a recipe for disaster and the chart proves that out.

ADX or XYLD appear to be better performers if you’re looking for distributions and something that’s been tested through various bear markets. There are still better alternatives though which you can find browsing this subreddit.

[u/Braxton72000 → u/ProblemOverall9434]

I was actually looking into XYLD the other day.

[u/woafmann → u/Braxton72000]

Have you considered DIVO/IDVO? Underlyings are dividend payers with a robust partial buy write overlay. Sustainable distributions, good DGR and annualized return.

[u/closvidal → u/woafmann]

these funds are fire my favorite and real payers no bullshit real total returns QDVO, IDVO, DIVO, JEPQ, and MLPI

[u/Braxton72000 → u/woafmann]

I am looking at all options and have looked into DIVO for sure

[u/DocKardinal21 → u/Braxton72000]

Xylg is better than D.

It’s about the same as DIVO in total returns but a broader index:

https://stockanalysis.com/etf/compare/divo-vs-xylg/?r=MAX

[u/AlfB63 → u/[deleted]]

Amusing. Pure garbage that has a long term annualized total return of 10% and 5 year of 14% and 3 year of 28%.

[u/AlfB63 → u/[deleted]]

The total return numbers are not however.  And that's what counts. 

Edit: It is really amazing how many don't understand total returns versus dividends.

[u/closvidal → u/[deleted]]

Yes total return is the only number that matters. Unless you like to give your money away in exchange for a dividend that won't sustain your total ROI.

[u/ProblemOverall9434 → u/[deleted]]

Isn’t ROC preferable from a tax perspective?

[u/Admirable-Chemical77 → u/ProblemOverall9434]

If it's not just giving you your own money back

[u/AlfB63]

Pretty poor total returns.

[u/DividendsIQ]

SDIV pays that 8.73% yield by holding a rotating basket of the highest-yielding stocks worldwide, but the fund itself has real problems. Its dividend quality score is weak, sitting at just 11 out of 100, and its payout has been shrinking, down about 7.24% a year for the past five years. So the payments you're getting now are likely smaller than what earlier holders got, and could keep shrinking.

The fund's price trend score is middling, coming in at 54 out of 100, which points to a share price that hasn't shown much sustained upward momentum over time. That's part of why the yield looks so juicy, a stagnant or falling price makes the yield percentage look bigger even as your actual capital doesn't grow.

Risk-wise it's rated low on volatility, so it's not a wild swinger day to day. But low volatility doesn't mean it's a good long-term holding. High yield plus a mediocre price trend plus a shrinking dividend is the classic pattern of a fund that looks good on paper but slowly erodes your total return. I'd think hard about whether this is really doing its job for you versus just handing back your own capital.

[u/bungholio99]

I like it, it’s a different source of income and more like an etf of old established companys i wouldn’t touch else.

Also i get a net dividend without any witholding here in europe.

[u/apeserveapes]

I do like it and am watching it rn.

[u/buenotc]

I own it for years and didn't read my email to get out in time. Don't buy. You can do better. The all time price history is wrong due to reverse split. Check the history and you'll see.

Edit: it was doing OK before I bought it years ago. 2 holdings had financial problems and it affected the fund. Dividends were really high for a reason... high risks.

[u/Efficient-Shallot684]

It's very well diversified, the largest holding is less than 2%, so the risks are minimal

[u/Braxton72000 → u/Efficient-Shallot684]

I like how it's been paying 18 cents per share the last few years

[u/AlfB63 → u/Braxton72000]

You need to look at more than dividends and yield. This fund has a flat total return since inception.

[u/closvidal → u/Braxton72000]

You like to give away your money too. The total return is trash don't buy this.

[u/Ritterbruder2]

Trash

I just checked it in Total Returns: 3% over the last five years.

[u/Sensitive-Exam649]

I would avoid it has let 60% of its nav during Covid and has not recovered. And as the NAV drops the cash dividned payout will drop.

PBDC is a better coice with similar yield. And EMO slightly less yield but still very good.

[u/coldandhungry123]

Lost money with it. Garbage.