SDIV: GLOBAL X SUPERDIVIDEND ETF
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.
ETF Education Report: GLOBAL X SUPERDIVIDEND ETF (SDIV)
What this ETF is trying to do
The GLOBAL X SUPERDIVIDEND ETF (SDIV) is an exchange-traded fund that focuses on providing income. It holds a variety of different companies, with 137 total holdings listed in its portfolio. Because the list provided is partial, we can only see the largest companies it invests in.
Top Holdings
As of October 8, 2026, some of the largest companies in this ETF include:
• Thungela Resources Ltd (1.33%)
• Ithaca Energy PLC (1.27%)
• Nordic American Tankers Ltd (1.24%)
• Harbour Energy PLC (1.22%)
• Odontoprev SA (1.20%)
• Aker BP ASA (1.18%)
• PT Indo Tambangraya Megah TBK (1.15%)
What the numbers show
When looking at how an ETF performs, it is important to separate "price return" from "total return."
• Price Return only tracks how much the share price moves.
• Total Return includes both the share price movement and the cash distributions (dividends) paid out.
For SDIV, the numbers show a difference:
• Year-to-Date (YTD): The price return is -1.87%, but the total return is 4.81%.
• One-Year: The price return is approximately 0.47%, while the total return is approximately 9.88%.
• Three-Year: The price return is approximately 12.88%, while the total return is approximately 53.01%.
This ETF also has a history of a reverse split. On December 20, 2022, multiple old shares were combined into fewer new shares. This caused the quoted per-share price to rise mechanically, but it did not increase the actual value of the investment.
Income and distribution explanation
This ETF is known for its distributions. The current distribution yield is approximately 9.44%. This means the ETF pays out a significant amount of cash relative to its price. These payments usually happen monthly, and over the last 12 months, there were 12 payouts.
It is important to remember that a high distribution yield is not the same as total return. While these payments provide cash income, they do not guarantee that your original investment will stay the same value.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes look like erosion, they are not always the same thing.
StockValueFinder uses an "erosion-risk score" to measure this risk. SDIV has an erosion score of 94, which is labeled as "Stable / sideways." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Pros
• The ETF provides a high distribution yield of approximately 9.44%.
• The total return over the last three years has been significantly higher than the price-only return.
Cons
• The year-to-date price return is currently negative (-1.87%).
• High yields can sometimes be misleading if the share price is not stable.
Beginner takeaway
If you are looking for cash income, this ETF has a high distribution yield and pays frequently. However, always look at the "total return" to see how the share price and the cash payments work together. High income does not always mean the share price will go up.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | THUNGELA RESOURCES LTD ORDINARY SHARES | n/a | 1.33% |
| 2 | ITHACA ENERGY PLC ORDINARY SHARE | n/a | 1.27% |
| 3 | NORDIC AMERICAN TANKERS LTD | NAT | 1.24% |
| 4 | HARBOUR ENERGY PLC | n/a | 1.22% |
| 5 | ODONTOPREV SA | n/a | 1.20% |
| 6 | AKER BP ASA | n/a | 1.18% |
| 7 | PT INDO TAMBANGRAYA MEGAH TBK | n/a | 1.15% |
| 8 | n/a | n/a | 1.13% |
| 9 | FLEX LNG LTD (BM) | FLNG | 1.09% |
| 10 | VAR ENERGI ASA | n/a | 1.09% |