DIVI vs SDIV

DIVIAFranklin International Core Dividend Tilt Index ETF

SDIVCGlobal X SuperDividend ETF

In short

DIVI A tilt, not a screen: DIVI optimizes a broad developed-markets ex-North America index toward higher yield while limiting drift from that parent. Core international shape, income lean, 0.09% a year.

SDIV Global X's original yield-chaser: a 2011-vintage fund that scours the world for the highest-yielding stocks, holds them in one basket, and pays out monthly. Blunt instrument, clear purpose.

Stated mandate

DIVI The Fund seeks to track, before fees and expenses, the Morningstar Developed Markets ex-North America Dividend Enhanced Select Index. Its index methodology seeks higher dividend yield than the parent index while maintaining core exposure to developed markets outside North America.

SDIV The Fund seeks to track, before fees and expenses, the price and yield performance of the Solactive Global SuperDividend Index.

Why people hold it

• DIVI Costs 0.09% a year, while the median fund in its international-dividend cohort charges closer to 0.50%.
• The index takes a broad developed ex-North America benchmark and optimizes it for higher yield while limiting expected tracking error to that parent. Income lean, core shape.sec.gov
• Tracks its index closely, among the strongest implementations in its peer group.
• A multi-billion-dollar fund holding about 80 developed-market names, paying distributions quarterly.

• SDIV One mandate, no hedging: it tracks the Solactive Global SuperDividend Index, a pure yield screen across global equity markets rather than a quality or dividend-growth tilt.
• Pays monthly, not quarterly, which suits investors who want income arriving on a regular schedule.
• Running since 2011, it is one of the longest-tenured high-yield funds around, now a multi-billion-dollar portfolio spread over roughly 110 names.
• Trades with steady daily volume, so getting in and out is generally straightforward for retail-sized orders.

Worth knowing

• DIVI The tilt is mild by design: the index caps how far it can drift from its parent, so it reaches for less yield than funds built on hard high-yield screens.sec.gov
• Cheaper options sit in the same cohort (VYMI at 0.07%, SCHY at 0.08%), so the fee edge is over the category median, not over the largest index shops.
• Today's strategy dates to 2022, when the fund was renamed from Franklin LibertyQ International Equity Hedged ETF, so its 2016-onward record covers a different mandate.sec.gov

• SDIV At 0.58% it costs more than the cohort median and well above plain international dividend index funds like VYMI (0.07%) and SCHY (0.08%).
• A screen built purely on yield tends to land on smaller, more stressed companies, so the ride is bumpier than dividend-growth strategies in the same aisle.
• Global by design: returns pick up foreign-market and currency moves alongside the dividend stream.

Full DIVI profile⁠

Full SDIV profile⁠