The Global X SuperDividend ETF (SDIV) has achieved a yield of 7.97 per cent over the past 12 months.
The 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.
As of 5 July 2012, the ETF, which is diversified across a broad number of industries and geographies, had an annualized volatility of approximately 17.50 per cent.
With equal weighting across a diverse group of 100 securities, investors may have less risk exposure in the event that a single company depreciates in price or reduces its dividend.
“While there are numerous dividend producing ETFs in the market, SDIV is one-of-a-kind,” says Bruno del Ama, chief executive officer of Global X Funds. “The unique structure and diversification of SDIV provide a very attractive annual yield at 7.97 per cent with lower volatility than comparable dividend ETFs.”