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ISIN
US37954Y3273
CUSIP
37954Y327
Issuer
Global X
Inception Date
Feb 5, 2009
Region
Latin America (Colombia)
Leveraged
1x (No leverage)
Index Tracked
MSCI All Colombia Select 25/50 Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Value
Assets Under Management
$127M

Share Price Chart


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Performance

COLO Performance Chart

Global X MSCI Colombia ETF (COLO) is up 14.8% since the beginning of the year. COLO is currently trading at $41 per share. Investors who bought $1,000 worth of COLO shares 5 years ago would now be looking at an investment worth $1,965.


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S&P 500 Index

Returns By Period

Global X MSCI Colombia ETF (COLO) has returned 14.76% so far this year and 48.83% over the past 12 months. Over the last ten years, COLO has returned 6.22% per year, falling short of the S&P 500 Index benchmark, which averaged 13.65% annually.


Global X MSCI Colombia ETF

1D
0.54%
1M
7.66%
YTD
14.76%
6M
13.54%
1Y
48.83%
3Y*
34.10%
5Y*
14.46%
10Y*
6.22%

Benchmark (S&P 500 Index)

1D
0.41%
1M
4.48%
YTD
10.79%
6M
10.60%
1Y
27.02%
3Y*
21.07%
5Y*
12.39%
10Y*
13.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

COLO Monthly Returns History

Based on dividend-adjusted daily data since Feb 9, 2009, COLO's average daily return is +0.03%, while the average monthly return is +0.75%. At this rate, an investment would double in approximately 7.7 years.

Historically, 58% of months were positive and 42% were negative. The best month was Dec 2020 with a return of +19.8%, while the worst month was Mar 2020 at -36.3%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 7 months.

On a daily basis, COLO closed higher 50% of trading days. The best single day was Mar 25, 2020 with a return of +14.5%, while the worst single day was Mar 18, 2020 at -15.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202617.73%-7.24%1.64%-2.45%1.43%4.50%14.76%
202512.46%6.12%1.07%-0.91%6.17%2.59%0.85%9.95%2.66%7.13%5.94%0.42%68.88%
20242.35%-0.94%7.73%1.43%4.32%-6.32%0.41%-3.96%-1.05%-2.47%4.33%-0.40%4.68%
20236.43%-10.92%2.63%1.74%-2.06%11.09%10.04%-11.47%3.32%-4.97%8.37%11.90%24.92%
202211.21%1.09%8.77%-5.73%5.98%-23.08%-4.42%-5.88%-12.54%-1.47%7.82%0.19%-21.32%
2021-8.80%-3.01%0.84%-5.85%0.26%3.21%-4.92%9.36%1.25%5.06%-8.26%0.37%-11.50%

Benchmark Metrics

Global X MSCI Colombia ETF has an annualized alpha of -1.91%, beta of 0.73, and R2 of 0.28 versus S&P 500 Index. Calculated based on daily prices since February 10, 2009.

  • This ETF participated in 110.66% of S&P 500 Index downside but only 77.82% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.28 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-1.91%
Beta
0.73
0.28
Upside Capture
77.82%
Downside Capture
110.66%

Expense Ratio

COLO has an expense ratio of 0.62%, placing it in the medium range.


Return for Risk

Risk / Return Rank

COLO ranks 61 for risk / return — better than 61% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


COLO Risk / Return Rank: 6161
Overall Rank
COLO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
COLO Sortino Ratio Rank: 6767
Sortino Ratio Rank
COLO Omega Ratio Rank: 6565
Omega Ratio Rank
COLO Calmar Ratio Rank: 5757
Calmar Ratio Rank
COLO Martin Ratio Rank: 4646
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 Colombia ETF (COLO) and compare them to S&P 500 Index.


COLOBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.07

Sortino ratioReturn per unit of downside risk

-0.09

Omega ratioGain probability vs. loss probability

1.39

1.41

-0.03

Calmar ratioReturn relative to maximum drawdown

2.76

2.98

-0.23

Martin ratioReturn relative to average drawdown

7.53

13.78

-6.24

Dividends

Dividend History

Global X MSCI Colombia ETF provided a 6.54% dividend yield over the last twelve months, with an annual payout of $2.68 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.00$2.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.68$2.68$1.39$1.62$2.49$0.65$1.04$1.20$0.95$0.73$0.54$0.47

Dividend yield

6.54%7.51%6.08%6.99%12.55%2.32%3.23%3.04%3.03%1.83%1.48%1.58%

Monthly Dividends

The table displays the monthly dividend distributions for Global X MSCI Colombia 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$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.85$0.00$0.00$0.00$0.00$0.00$1.83$2.68
2024$0.00$0.00$0.00$0.00$0.00$0.39$0.00$0.00$0.00$0.00$0.00$1.00$1.39
2023$0.00$0.00$0.00$0.00$0.00$0.42$0.00$0.00$0.00$0.00$0.00$1.19$1.62
2022$0.00$0.00$0.00$0.00$0.00$1.48$0.00$0.00$0.00$0.00$0.00$1.01$2.49
2021$0.00$0.00$0.00$0.00$0.00$0.28$0.00$0.00$0.00$0.00$0.00$0.37$0.65

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 Colombia 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 Colombia ETF was 78.91%, occurring on Mar 23, 2020. The portfolio has not yet recovered.

The current Global X MSCI Colombia ETF drawdown is 22.10%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-78.91%Mar 2020
9y 4mo
15y 7moNov 2010 - now
Financial crisis2007–2009
-14.95%Oct 2009
15d3mo 21d
4mo 6dOct 2009 - Feb 2010
Financial crisis2007–2009
-11.46%Feb 2009
14d21d
1mo 5dFeb 2009 - Mar 2009
2010 correction2010
-10.46%May 2010
28d21d
1mo 19dApr 2010 - Jun 2010
Financial crisis2007–2009
-7.98%Jun 2009
9d7d
16dJun 2009 - Jul 2009

Drawdown Indicators


COLOBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-78.91%

-56.78%

-22.13%

Max Drawdown (1Y)

Largest decline over 1 year

-17.79%

-9.10%

-8.69%

Max Drawdown (3Y)

Largest decline over 3 years

-18.35%

-18.90%

+0.55%

Max Drawdown (5Y)

Largest decline over 5 years

-43.86%

-25.43%

-18.43%

Max Drawdown (10Y)

Largest decline over 10 years

-62.75%

-33.92%

-28.83%

Current Drawdown

Current decline from peak

-22.10%

-0.33%

-21.77%

Average Drawdown

Average peak-to-trough decline

-40.31%

-10.72%

-29.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.50%

1.97%

+4.53%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with COLO

Add Global X MSCI Colombia ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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