Share-split context: A reverse split was recorded on Dec 20, 2022 with coefficient 0.333333. A reverse split combines multiple old shares into fewer new shares and mechanically raises the quoted price per share. That mechanical increase does not restore lost investment value. The returns in this report are already split-adjusted, while reverse-split history remains a separate structural warning.

What this ETF is trying to do

The Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is designed to provide investors with exposure to high-dividend-paying stocks in emerging markets.

What the numbers show

As of October 7, 2026, the share price is $33.89. This ETF has a history of reverse splits. In a reverse split, multiple old shares are combined into fewer new shares, which mechanically raises the per-share price. This increase does not restore lost investment value.

Because this ETF has a split history, we look at split-adjusted returns to see how it performed:

• Year-to-Date (YTD): The price return is 13.01%, and the total return is 17.43%.

• One Year: The price return is 22.33%, and the total return is 28.82%.

• Three Year: The price return is 49.02%, and the total return is 79.34%.

Price return measures only the change in the share price. Total return is a different measure that includes the distributions paid out to investors.

Income and distribution explanation

This ETF usually pays distributions monthly. Over the last 12 months, it has made 12 payouts. The distribution yield is approximately 4.92%.

It is important for beginners to know that a high distribution yield alone can be misleading. While these payments provide cash income, they do not guarantee that the original money invested (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the underlying value of an ETF's assets declines over time. Investors who want steady income usually care about principal stability so their original investment doesn't shrink.

For SDEM, the erosion-risk score is 100, and the erosion label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.

Pros

• Strong split-adjusted total returns over the one-year and three-year periods.

• Consistent monthly distribution history.

• No detected price erosion according to the erosion-risk score.

Cons

• The ETF has a history of reverse splits, which is a structural change to the share count.

• No specific top holdings data was supplied for this report.

Beginner takeaway

SDEM focuses on high-dividend stocks in emerging markets. While it has shown strong total returns recently, investors should remember that the share price and the distributions are two different things. Always look at the total return to see the full picture of performance.