SDIV Stock Summary and Trading Ideas (Global X Superdividend ETF | ARCA:SDIV)

The Global X SuperDividend ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperDividend Index. The Index tracks the performance of 100 equally weighted companies that rank among the highest dividend yielding equity securities in the world. The index provider applies certain dividend stability filters.

Global X Superdividend ETF trades on the ARCA stock market under the symbol SDIV.

As of September 27, 2024, SDIV stock price climbed to $23.51 with 195,024 million shares trading.

SDIV has a beta of 0.62, meaning it tends to be less sensitive to market movements. SDIV has a correlation of 0.31 to the broad based SPY ETF.

SDIV has a market cap of $836.71 million. This is considered a Small Cap stock.

In the last 3 years, SDIV traded as high as $40.64 and as low as $20.06.

SDIV has underperformed the market in the last year with a return of +19.7%, while SPY returned +35.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SDIV shares. However, SDIV has outperformed the market in the last 3 month and 2 week periods, returning +9.4% and +6.0%, while SPY returned +5.1% and +2.5%, respectively. This indicates SDIV has been having a stronger performance recently.

SDIV support price is $23.13 and resistance is $23.54 (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 SDIV shares will trade within this expected range on the day.