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Global X MSCI Argentina ETF (ARGT)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US37950E2596

CUSIP

37950E259

Issuer

Global X

Inception Date

Mar 2, 2011

Region

Latin America (Argentina)

Leveraged

1x

Index Tracked

MSCI All Argentina 25/50

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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

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.


-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
34.24%
11.50%
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)

Returns By Period

Global X MSCI Argentina ETF had a return of 59.34% year-to-date (YTD) and 76.59% in the last 12 months. Over the past 10 years, Global X MSCI Argentina ETF had an annualized return of 15.61%, outperforming the S&P 500 benchmark which had an annualized return of 11.13%.


ARGT

YTD

59.34%

1M

13.43%

6M

34.24%

1Y

76.59%

5Y (annualized)

30.80%

10Y (annualized)

15.61%

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

Monthly Returns

The table below presents the monthly returns of ARGT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.04%-4.82%7.88%6.75%9.30%-9.14%0.76%13.89%1.70%9.97%59.34%
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%-1.44%3.64%2.64%1.06%1.06%17.18%-9.13%-1.53%-11.45%8.39%3.83%
2020-3.99%-10.18%-28.30%9.71%20.97%9.67%11.14%-3.26%-9.48%1.03%21.33%6.71%14.58%
201919.09%0.82%-2.02%-5.65%8.00%15.30%0.50%-30.70%1.74%-4.08%8.14%12.71%14.50%
20188.07%-2.99%-3.62%-1.99%-14.76%-9.53%9.86%-11.88%1.95%-4.88%1.50%-7.43%-32.62%
201711.36%2.34%7.49%1.53%5.68%-3.37%1.40%0.03%7.03%0.63%0.84%9.96%53.87%
2016-5.12%7.90%4.38%7.35%0.29%7.21%1.30%-0.49%6.23%-0.34%-2.92%0.18%28.02%
2015-2.51%9.79%4.38%5.06%-4.59%-4.60%-8.60%-1.50%-11.61%25.14%-5.36%-3.44%-2.77%
2014-11.09%9.11%4.25%0.65%-0.30%11.69%0.36%-6.38%1.39%-0.00%-1.70%-9.22%-3.65%
20139.54%-9.93%4.15%-1.37%3.58%-10.13%8.30%4.34%8.67%2.73%2.99%-6.14%15.04%

Expense Ratio

ARGT features an expense ratio of 0.60%, falling within the medium range.


Expense ratio chart for ARGT: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of ARGT is 83, placing it in the top 17% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of ARGT is 8383
Combined Rank
The Sharpe Ratio Rank of ARGT is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of ARGT is 8484
Sortino Ratio Rank
The Omega Ratio Rank of ARGT is 7676
Omega Ratio Rank
The Calmar Ratio Rank of ARGT is 9393
Calmar Ratio Rank
The Martin Ratio Rank of ARGT is 7171
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Global X MSCI Argentina ETF (ARGT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for ARGT, currently valued at 2.87, compared to the broader market0.002.004.006.002.872.46
The chart of Sortino ratio for ARGT, currently valued at 3.63, compared to the broader market-2.000.002.004.006.008.0010.0012.003.633.31
The chart of Omega ratio for ARGT, currently valued at 1.43, compared to the broader market0.501.001.502.002.503.001.431.46
The chart of Calmar ratio for ARGT, currently valued at 4.86, compared to the broader market0.005.0010.0015.004.863.55
The chart of Martin ratio for ARGT, currently valued at 12.55, compared to the broader market0.0020.0040.0060.0080.00100.00120.0012.5515.76
ARGT
^GSPC

The current Global X MSCI Argentina ETF Sharpe ratio is 2.87. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Global X MSCI Argentina ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.87
2.46
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X MSCI Argentina ETF provided a 0.91% dividend yield over the last twelve months, with an annual payout of $0.74 per share.


0.50%1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.8020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.74$0.82$0.83$0.29$0.09$0.32$0.32$0.17$0.08$0.16$0.09$0.12

Dividend yield

0.91%1.59%2.45%0.93%0.28%1.21%1.34%0.49%0.36%0.89%0.47%0.62%

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
2024$0.00$0.00$0.00$0.00$0.00$0.21$0.00$0.00$0.00$0.00$0.00$0.21
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
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$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$0.32
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.32$0.32
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$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$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$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$0.09
2013$0.12$0.12

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.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-1.40%
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
-15.62%May 21, 202452Aug 5, 202419Aug 30, 202471
-13.79%Jan 27, 202333Mar 15, 202322Apr 17, 202355

Volatility

Volatility Chart

The current Global X MSCI Argentina ETF volatility is 6.99%, 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%JuneJulyAugustSeptemberOctoberNovember
6.99%
4.07%
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)