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Global X MSCI Argentina ETF (ARGT)

ETF · Currency in USD · Last updated Dec 6, 2023

ARGT is a passive ETF by Global X tracking the investment results of the MSCI All Argentina 25/50. ARGT launched on Mar 2, 2011 and has a 0.60% expense ratio.

Summary

ETF Info

ISINUS37950E2596
CUSIP37950E259
IssuerGlobal X
Inception DateMar 2, 2011
RegionLatin America (Argentina)
CategoryLatin America Equities
Index TrackedMSCI All Argentina 25/50
ETF Home Pagewww.globalxetfs.com
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

The Global X MSCI Argentina ETF has a high expense ratio of 0.60%, indicating higher-than-average management fees.


0.60%
0.00%2.15%

Share Price Chart


Loading data...

Performance

The chart shows the growth of an initial investment of $10,000 in Global X MSCI Argentina ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
16.53%
7.02%
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ARGT

Global X MSCI Argentina ETF

Popular comparisons: ARGT vs. HTUS, ARGT vs. EDEN, ARGT vs. SPY, ARGT vs. AAPL, ARGT vs. SCHD, ARGT vs. VOO, ARGT vs. VGT, ARGT vs. EPI, ARGT vs. EWZ, ARGT vs. IWY

Return

Global X MSCI Argentina ETF had a return of 49.33% year-to-date (YTD) and 61.60% in the last 12 months. Over the past 10 years, Global X MSCI Argentina ETF had an annualized return of 10.97%, outperforming the S&P 500 benchmark which had an annualized return of 9.75%.


PeriodReturnBenchmark
Year-To-Date49.33%18.95%
1 month22.30%4.79%
6 months16.56%6.61%
1 year61.60%14.21%
5 years (annualized)16.02%11.15%
10 years (annualized)10.97%9.75%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.29%15.78%2.29%1.32%-13.00%-6.88%31.37%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Argentina ETF (ARGT) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ARGT
Global X MSCI Argentina ETF
1.83
^GSPC
S&P 500
0.88

Sharpe Ratio

The current Global X MSCI Argentina ETF Sharpe ratio is 1.83. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.83
0.88
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)

Dividend History

Global X MSCI Argentina ETF granted a 1.47% dividend yield in the last twelve months. The annual payout for that period amounted to $0.74 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.74$0.83$0.29$0.09$0.32$0.31$0.17$0.08$0.16$0.09$0.12$0.18

Dividend yield

1.47%2.45%0.93%0.28%1.21%1.34%0.49%0.36%0.89%0.47%0.62%1.05%

Monthly Dividends

The table displays the monthly dividend distributions for Global X MSCI Argentina ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.00$0.00$0.00$0.29$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.39$0.00$0.00$0.00$0.00$0.00$0.45
2021$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.27
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09
2019$0.00$0.00$0.00$0.00$0.00$0.24$0.00$0.00$0.00$0.00$0.00$0.08
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.31
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.17
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.08
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.16
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12
2012$0.18

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.41%
-4.78%
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Global X MSCI Argentina ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X MSCI Argentina ETF was 61.68%, occurring on Mar 23, 2020. Recovery took 705 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-61.68%Jan 29, 2018541Mar 23, 2020705Jan 9, 20231246
-50.5%Apr 6, 2011267Jun 5, 20121210May 5, 20171477
-19.55%Sep 5, 202341Oct 31, 202317Nov 24, 202358
-13.79%Jan 27, 202333Mar 15, 202322Apr 17, 202355
-10.86%May 17, 201760Aug 10, 201723Sep 13, 201783

Volatility Chart

The current Global X MSCI Argentina ETF volatility is 13.42%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
13.42%
2.85%
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)