QDIV
Global X S&P 500 Quality Dividend ETF
The Global X S&P 500® Quality Dividend ETF invests in U.S. equity securities included in the S&P 500 Index that rank within the top 200 of the index’s universe by both quality score and dividend yield.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
30.8 M
ASSETS UNDER MGMT
20 bp
EXPENSES
Fund Basics
| Fund sponsor | Global X |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jul 13, 2018 |
| Assets (mns) | $31 |
| Expense ratio | 20 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Monthly |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| BLACKSTONE GROUP LP/THE | 2.0 % |
| PUBLIC STORAGE | 2.0 % |
| LOCKHEED MARTIN CORP | 2.0 % |
| C.H. ROBINSON WORLDWIDE INC | 2.0 % |
| AFLAC INC | 1.9 % |
| BLACKROCK INC | 1.9 % |
| EBAY INC | 1.9 % |
| CINCINNATI FINANCIAL CORP | 1.9 % |
| CUMMINS INC | 1.8 % |
| OMNICOM GROUP | 1.8 % |
Constituent Breakdown
| Number of holdings | 64 |
| Herfindahl-Hirschman Index | 160 |
| Wgt avg mkt cap (mns) | $84,668 |
| Large cap (>$10bn) | 100.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 95.1 % |
 |
BERMUDA | 1.7 % |
 |
BRITAIN | 1.6 % |
 |
IRELAND | 1.5 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 14.9% | 23.3% | 18.2% | 9.2% | 11.0% | -- | 9.3% | Volatility | 9.6% | 10.7% | 15.5% | 15.9% | 21.6% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.78 | 70% |
| MSCI EAFE | 0.82 | 74% |
| MSCI Emg Mkts | 0.61 | 40% |
Liquidity Measures
| Avg. volume (000) | 8 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.29% |
| ADV of underlying (mns) | $17,367 |
Technical Indicators
| Recent close | $36.20 |
| 30d moving avg. | $35.67 |
| Annualized volatility | 16.7% |
| Relative strength (RSI) | 50 |
| Short interest (ETF) | 2.0% |
| Short interest (underlying) | 2.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. QDIV |
Expenses vs. QDIV |
ALTAR Score™ vs. QDIV |
|---|---|---|---|---|
| FDIV | MarketDesk Focused U.S. Dividend ETF | 34.6% | +15 bp | -2.7% |
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | 29.3% | +15 bp | -1.9% |
| CDL | VictoryShares US Large Cap High Dividend Volatility Wtd ETF | 28.9% | +15 bp | +0.2% |
| CDC | VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 28.7% | +18 bp | +0.1% |
| FTDS | First Trust Dividend Strength ETF | 28.6% | +50 bp | +0.5% |
| SPDV | AAM S&P 500 High Dividend Value ETF | 27.7% | +9 bp | +2.2% |
| SDY | SPDR S&P Dividend ETF | 27.4% | +15 bp | -1.7% |
| DURA | VanEck Durable High Dividend ETF | 27.4% | +9 bp | -0.7% |
| SCHD | Schwab US Dividend Equity ETF | 27.1% | -14 bp | +1.6% |
| DIVL | Madison Dividend Value ETF | 26.9% | +45 bp | -2.0% |
Risk and Returns: QDIV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 10/4/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
QDIV
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
QDIV
7.6%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 936 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.4%. QDIV's ALTAR Score™ is approximately
0.8 standard deviations
above
the category average. This places QDIV in the 79th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
QDIVSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| QDIV (20 bp) Percentile rank | 21 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| QDIV | 20.0 | 28.5 | 48.5 |
| Peer Avg. | 35.4 | 14.9 | 50.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .