SDEM Stock Summary and Trading Ideas (Global X MSCI Superdividend Emerging Markets ETF | ARCA:SDEM)

The Global X SuperDividend Emerging Markets ETF (SDEM) invests in 50 of the highest dividend yielding equities in the Emerging Markets. The Global X SuperDividend Emerging Markets ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Emerging Markets Top 50 Dividend Index. The MSCI Emerging Markets Top 50 Dividend Index tracks the performance of 50 equally-weighted companies that rank among the highest dividend yielding equity securities in Emerging Markets, as defined by MSCI. The Underlying Index may include components from the following countries: Brazil, Chile, Colombia, Mexico, Peru, Czech Republic, Egypt, Greece, Hungary, Poland, Qatar, Russia, South Africa, Turkey, United Arab Emirates, China, India, Indonesia, Malaysia, Philippines, Thailand, Korea and Taiwan. The MSCI Emerging Markets Top 50 Dividend Index begins with the MSCI Emerging Markets Index, which is a capitalization-weighted index, as its starting universe, and then follows a rules-based methodology that is designed to select among the highest dividend yielding equity securities of the MSCI Emerging Markets Index. The MSCI Emerging Markets Top 50 Dividend Index is equal weighted and rebalanced annually.

Global X MSCI Superdividend Emerging Markets ETF trades on the ARCA stock market under the symbol SDEM.

As of January 17, 2025, SDEM stock price climbed to $24.39 with 31,511 million shares trading.

SDEM has a market cap of $33.88 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SDEM traded as high as $34.89 and as low as $21.12.

SDEM has underperformed the market in the last year with a return of +6.6%, while the SPY ETF gained +28.0%. In the last 3 month period, SDEM fell short of the market, returning -1.2%, while SPY returned +3.0%. However, in the most recent 2 weeks SDEM has outperformed the stock market by returning +1.0%, while SPY returned +1.0%.

SDEM support price is $23.99 and resistance is $24.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SDEM shares will trade within this expected range on the day.