OVB vs SDEM

Comparison between OVERLAY SHARES CORE BOND ETF (OVB, ETF) and GLOBAL X MSCI SUPERDIVIDEND EMERGING MARKETS ETF (SDEM, ETF).

5-Year PerformanceSDEM has outperformed OVB, delivering a return of +4.5% compared to +0.5%

OVB vs SDEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OVB(ETF)	SDEM(ETF)
Net Assets	$47M	$47M
Expense Ratio	0.79%	0.66%
Max Drawdown	30.84%	62.49%
Sharpe Ratio	0.86	1.59
5Y Beta	0.17	0.51
5Y Dividends CAGR	6.67%	-4.41%

Net Assets

Winner

OVB

$47M

SDEM

$47M

Expense Ratio

OVB

0.79%

Winner

SDEM

0.66%

Max Drawdown

Winner

OVB

30.84%

SDEM

62.49%

Sharpe Ratio

OVB

0.86

Winner

SDEM

1.59

5Y Beta

Winner

OVB

0.17

SDEM

0.51

5Y Dividends CAGR

Winner

OVB

6.67%

SDEM

-4.41%

OVB vs SDEM - Historical Returns

Returns include dividend reinvestment.

Period	OVB	SDEM
1 month	+0.13%	+0.17%
3 months	+1.29%	+4.67%
6 months	+2.77%	+12.40%
1 year	+8.23%	+28.09%
5 years(CAGR)	+0.53%	+4.50%
10 years(CAGR)	N/A	+5.10%
Max(CAGR)	+1.90%	+3.65%

OVB

+0.13%

Winner

SDEM

+0.17%

OVB

+1.29%

Winner

SDEM

+4.67%

OVB

+2.77%

Winner

SDEM

+12.40%

OVB

+8.23%

Winner

SDEM

+28.09%

5Y(CAGR)

OVB

+0.53%

Winner

SDEM

+4.50%

10Y(CAGR)

OVB

N/A

SDEM

+5.10%

Max(CAGR)

OVB

+1.90%

Winner

SDEM

+3.65%

OVB vs SDEM - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	OVB	SDEM
2026	+2.21%	+9.62%
2025	+7.84%	+32.08%
2024	+4.54%	+3.56%
2023	+6.38%	+12.83%
2022	-16.27%	-22.03%
2021	+1.02%	+2.24%
2020	+9.12%	-12.63%
2019	+1.22%	+16.54%
2018	N/A	-18.20%
2017	N/A	+15.37%
2016	N/A	+30.19%
2015	N/A	-14.52%

OVB vs SDEM Drawdown Comparison

The maximum drawdown for OVB was -21.69%, occurring on Oct 20, 2022. Recovery took 1106 trading sessions.

The maximum drawdown for SDEM was -47.41%, occurring on Mar 23, 2020. Recovery took 1980 trading sessions.

The current OVB drawdown is -0.72%. The current SDEM drawdown is -3.49%.

Rank	OVB	SDEM
#1	-21.69% Sep 14, 2021 - Feb 10, 2026	-47.41% Feb 26, 2018 - Jan 12, 2026
#2	-9.52% Mar 9, 2020 - Apr 29, 2020	-42.14% May 15, 2015 - Sep 11, 2017
#3	-3.74% Aug 26, 2020 - Jul 2, 2021	-9.03% Feb 25, 2026 - Apr 13, 2026
#4	-2.49% Feb 27, 2026 - Mar 27, 2026	-8.12% Jan 25, 2018 - Feb 26, 2018
#5	-2.14% Feb 20, 2020 - Mar 4, 2020	-8.04% Sep 12, 2017 - Jan 2, 2018
#6	-1.82% May 28, 2020 - Jun 23, 2020	-6.51% Apr 14, 2026 - Jun 8, 2026
#7	-1.27% Jul 1, 2020 - Jul 22, 2020	-2.60% Jan 27, 2026 - Feb 11, 2026
#8	-1.17% Aug 6, 2020 - Aug 26, 2020	-2.60% Apr 16, 2015 - Apr 23, 2015
#9	-0.97% Oct 4, 2019 - Nov 18, 2019	-2.21% May 5, 2015 - May 8, 2015
#10	-0.85% Aug 4, 2021 - Sep 9, 2021	-1.52% Feb 11, 2026 - Feb 20, 2026
#11	-0.82% Jan 23, 2020 - Feb 10, 2020	-1.39% Jan 8, 2018 - Jan 12, 2018
#12	-0.75% Apr 29, 2020 - May 19, 2020	-1.37% Mar 24, 2015 - Mar 30, 2015
#13	-0.71% Nov 27, 2019 - Dec 30, 2019	-0.97% Mar 18, 2015 - Mar 20, 2015
#14	-0.45% Jul 23, 2020 - Jul 30, 2020	-0.82% Apr 28, 2015 - May 4, 2015
#15	-0.41% Jul 7, 2021 - Jul 15, 2021	-0.80% May 8, 2015 - May 13, 2015

Correlation

Correlation between OVB and SDEM is 0.74 which considered as a strong positive correlation - the stocks tend to move together.

0.74

-101

Dividend Comparison (2015 - 2026)

OVB vs SDEM dividend yield comparison.

Year	OVB	SDEM
2026	2.42%	2.17%
2025	6.00%	5.27%
2024	5.81%	7.28%
2023	5.20%	7.50%
2022	4.67%	8.86%
2021	4.59%	8.14%
2020	3.88%	6.30%
2019	0.58%	6.47%
2018	0.00%	6.55%
2017	0.00%	5.01%
2016	0.00%	5.06%
2015	0.00%	6.14%