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Global X MSCI Argentina ETF (ARGT)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US37950E2596
CUSIP
37950E259
Issuer
Global X
Inception Date
Mar 2, 2011
Region
Latin America (Argentina)
Leveraged
1x (No leverage)
Index Tracked
MSCI All Argentina 25/50
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

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.


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S&P 500 Index

Returns By Period

Global X MSCI Argentina ETF (ARGT) has returned 2.09% so far this year and 16.52% over the past 12 months. Looking at the last ten years, ARGT has achieved an annualized return of 18.46%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


Global X MSCI Argentina ETF

1D
4.75%
1M
3.97%
YTD
2.09%
6M
34.80%
1Y
16.52%
3Y*
35.23%
5Y*
28.13%
10Y*
18.46%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Mar 3, 2011, ARGT's average daily return is +0.05%, while the average monthly return is +1.13%. At this rate, your investment would double in approximately 5.1 years.

Historically, 57% of months were positive and 43% were negative. The best month was Oct 2025 with a return of +35.3%, while the worst month was Aug 2019 at -30.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ARGT closed higher 51% of trading days. The best single day was Oct 27, 2025 with a return of +18.8%, while the worst single day was Aug 12, 2019 at -24.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20267.43%-8.59%3.97%2.09%
20254.61%-4.28%-2.43%6.10%5.29%-6.02%-2.38%-3.10%-12.96%35.31%-1.28%-1.15%11.51%
20242.04%-4.82%7.88%6.75%9.30%-9.14%0.76%13.89%1.70%9.97%14.55%0.10%63.46%
202319.61%-2.24%-1.13%0.04%1.29%15.78%2.29%1.32%-13.00%-6.88%31.37%2.69%53.64%
2022-0.86%4.42%10.08%-10.92%-2.76%-18.38%12.13%7.34%-3.25%7.69%5.76%4.65%11.80%
2021-5.01%1.43%-1.43%3.64%2.64%1.06%1.06%17.18%-9.13%-1.53%-11.45%8.39%3.83%

Benchmark Metrics

Global X MSCI Argentina ETF has an annualized alpha of 0.60%, beta of 1.04, and R² of 0.36 versus S&P 500 Index. Calculated based on daily prices since March 04, 2011.

  • This ETF participated in 122.03% of S&P 500 Index downside but only 110.63% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.36 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
0.60%
Beta
1.04
0.36
Upside Capture
110.63%
Downside Capture
122.03%

Expense Ratio

ARGT has an expense ratio of 0.60%, placing it in the medium range.


Return for Risk

Risk / Return Rank

ARGT ranks 25 for risk / return — below 25% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


ARGT Risk / Return Rank: 2525
Overall Rank
ARGT Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
ARGT Sortino Ratio Rank: 3131
Sortino Ratio Rank
ARGT Omega Ratio Rank: 2828
Omega Ratio Rank
ARGT Calmar Ratio Rank: 2222
Calmar Ratio Rank
ARGT Martin Ratio Rank: 1919
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X MSCI Argentina ETF (ARGT) and compare them to a chosen benchmark (S&P 500 Index).


ARGTBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.42

0.90

-0.47

Sortino ratio

Return per unit of downside risk

0.97

1.39

-0.42

Omega ratio

Gain probability vs. loss probability

1.12

1.21

-0.09

Calmar ratio

Return relative to maximum drawdown

0.46

1.40

-0.94

Martin ratio

Return relative to average drawdown

1.06

6.61

-5.54

Explore ARGT risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Global X MSCI Argentina ETF provided a 0.83% dividend yield over the last twelve months, with an annual payout of $0.77 per share.


0.50%1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.77$0.77$1.17$0.82$0.83$0.29$0.09$0.32$0.31$0.17$0.08$0.16

Dividend yield

0.83%0.84%1.41%1.59%2.45%0.93%0.28%1.21%1.34%0.49%0.36%0.89%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.07$0.00$0.00$0.00$0.00$0.00$0.70$0.77
2024$0.00$0.00$0.00$0.00$0.00$0.21$0.00$0.00$0.00$0.00$0.00$0.95$1.17
2023$0.00$0.00$0.00$0.00$0.00$0.29$0.00$0.00$0.00$0.00$0.00$0.53$0.82
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$0.83
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$0.29

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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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.

The current Global X MSCI Argentina ETF drawdown is 9.35%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-61.68%Jan 29, 2018541Mar 23, 2020705Jan 9, 20231246
-50.54%Apr 6, 2011301Jun 14, 20121230May 5, 20171531
-28.46%May 20, 202593Oct 1, 202523Nov 3, 2025116
-21.27%Jan 8, 202562Apr 8, 202522May 9, 202584
-19.55%Sep 5, 202341Oct 31, 202317Nov 24, 202358

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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