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Global X MSCI Argentina ETF (ARGT)

ETF · Currency in USD · Last updated Nov 26, 2022

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.

ETF Info

ISINUS37950E2596
CUSIP37950E259
IssuerGlobal X
Inception DateMar 2, 2011
RegionLatin America (Argentina)
CategoryLatin America Equities
Expense Ratio0.60%
Index TrackedMSCI All Argentina 25/50
ETF Home Pagewww.globalxetfs.com
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Trading Data

Previous Close$31.93
Year Range$23.53 - $36.26
EMA (50)$30.61
EMA (200)$30.41
Average Volume$4.05K

ARGTShare Price Chart


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ARGTPerformance

The chart shows the growth of $10,000 invested in Global X MSCI Argentina ETF in Mar 2011 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,000 for a total return of roughly 20.00%. All prices are adjusted for splits and dividends.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.70%
-2.57%
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)

ARGTCompare to other instruments

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

ARGTReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M6.97%4.33%
6M6.77%-0.78%
YTD5.31%-15.53%
1Y8.19%-14.36%
5Y0.94%9.13%
10Y8.39%11.05%

ARGTMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-0.86%4.42%10.08%-10.92%-2.76%-18.38%12.14%7.34%-3.25%7.69%4.24%
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%
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%
201919.09%0.82%-2.02%-5.65%8.00%15.30%0.50%-30.70%1.74%-4.08%8.14%12.71%
20188.07%-2.99%-3.62%-1.99%-14.76%-9.53%9.86%-11.88%1.95%-4.88%1.50%-7.43%
201711.36%2.34%7.49%1.53%5.68%-3.37%1.40%0.03%7.03%0.63%0.84%9.96%
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%
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%
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%
20139.54%-9.93%4.15%-1.37%3.58%-10.13%8.30%4.34%8.67%2.73%2.99%-6.14%
201211.37%-3.42%-5.27%-10.97%-18.68%-0.18%3.93%3.88%7.64%-7.01%-3.47%7.11%
2011-1.05%2.20%-3.93%1.04%-3.22%-12.89%-21.08%10.99%4.09%-5.79%

ARGTSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Global X MSCI Argentina ETF Sharpe ratio is 0.23. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.000.20JuneJulyAugustSeptemberOctoberNovember
0.23
-0.60
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)

ARGTDividend History

Global X MSCI Argentina ETF granted a 2.01% dividend yield in the last twelve months. The annual payout for that period amounted to $0.65 per share.


PeriodTTM20212020201920182017201620152014201320122011
Dividend$0.65$0.29$0.09$0.32$0.31$0.17$0.08$0.16$0.09$0.12$0.18$0.59

Dividend yield

2.01%0.95%0.29%1.24%1.39%0.52%0.39%0.95%0.50%0.67%1.13%3.06%

ARGTDrawdowns Chart

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


-40.00%-30.00%-20.00%-10.00%0.00%December2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-11.11%
-16.06%
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)

ARGTWorst Drawdowns

The table below shows the maximum drawdowns of the Global X MSCI Argentina ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Global X MSCI Argentina ETF is 61.68%, recorded on Mar 23, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-61.68%Jan 29, 2018541Mar 23, 2020
-50.54%Apr 6, 2011267Jun 5, 20121210May 5, 20171477
-10.86%May 17, 201760Aug 10, 201723Sep 13, 201783
-7.81%Nov 7, 20176Nov 14, 201717Dec 8, 201723
-7.44%Mar 9, 20116Mar 16, 201112Apr 1, 201118
-3.29%Oct 6, 201711Oct 20, 201710Nov 3, 201721
-2.21%Sep 25, 20173Sep 27, 20172Sep 29, 20175
-1.06%Dec 14, 20172Dec 15, 20171Dec 18, 20173
-0.79%Sep 20, 20172Sep 21, 20171Sep 22, 20173
-0.6%May 8, 20171May 8, 20172May 10, 20173

ARGTVolatility Chart

Current Global X MSCI Argentina ETF volatility is 29.57%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
29.57%
12.31%
ARGT (Global X MSCI Argentina ETF)
Benchmark (^GSPC)