Global X MSCI Nigeria ETF (NGE)
NGE is a passive ETF by Global X tracking the investment results of the MSCI All Nigeria Select 25/50. NGE launched on Apr 3, 2013 and has a 0.89% expense ratio.
ETF Info
US37954Y6656
37954Y665
Apr 3, 2013
Africa (Nigeria)
1x
MSCI All Nigeria Select 25/50
Multi-Cap
Blend
Expense Ratio
NGE has an expense ratio of 0.89%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
NGE
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^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of NGE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -23.81% | -12.50% | 2.75% | -31.50% | |||||||||
| 2023 | 21.61% | -4.29% | 2.33% | 19.80% | -18.52% | 29.73% | -1.47% | -13.43% | -1.43% | -10.91% | 0.46% | 3.89% | 17.90% |
| 2022 | 5.40% | -4.31% | 1.82% | 2.63% | -2.36% | -6.25% | -0.06% | -5.83% | -5.24% | -7.54% | 5.71% | 2.86% | -13.48% |
| 2021 | 10.75% | -6.40% | 0.98% | 0.51% | 1.09% | 3.89% | -7.41% | -4.46% | -6.09% | 9.54% | -11.21% | -1.13% | -11.74% |
| 2020 | 4.03% | -17.40% | -28.33% | 5.83% | 14.68% | -6.80% | -2.47% | -0.55% | 3.90% | 19.96% | -0.24% | 8.19% | -9.12% |
| 2019 | 1.71% | 3.04% | -1.57% | -3.77% | -4.45% | 2.11% | -10.44% | -4.55% | 3.49% | -6.52% | 8.42% | -0.42% | -13.53% |
| 2018 | 19.16% | -7.54% | -0.79% | -0.76% | -11.21% | 3.30% | -5.65% | -7.46% | -4.29% | 0.06% | -5.59% | 1.39% | -20.37% |
| 2017 | -1.87% | -7.66% | 3.05% | 1.13% | -0.06% | 16.92% | 9.73% | 4.12% | -1.54% | -0.10% | 0.19% | 4.54% | 29.87% |
| 2016 | -14.31% | -1.32% | 2.18% | 4.43% | 8.79% | -22.22% | -16.51% | 0.44% | 5.28% | -3.54% | -6.10% | 1.29% | -38.17% |
| 2015 | -16.88% | -2.34% | 9.67% | 8.40% | -1.47% | -3.48% | -14.74% | -0.36% | 4.61% | -9.28% | -4.73% | -0.97% | -30.20% |
| 2014 | -6.17% | -6.51% | 0.21% | 6.38% | 5.67% | -0.25% | -2.02% | -0.65% | -4.09% | -9.49% | -12.50% | -7.00% | -32.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NGE is 4, meaning it’s performing worse than 96% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X MSCI Nigeria ETF (NGE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
| Period | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.22 | $0.60 | $0.73 | $0.77 | $0.84 | $0.90 | $0.42 | $0.42 | $1.22 | $1.22 |
Dividend yield | 58.96% | 8.08% | 7.90% | 6.76% | 6.31% | 5.49% | 1.92% | 2.46% | 4.30% | 2.90% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X MSCI Nigeria ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.33 | $3.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.60 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.73 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.77 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.84 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.90 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.22 | $1.22 |
| 2014 | $1.22 | $1.22 |
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 Nigeria 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 Nigeria ETF was 86.05%, occurring on Feb 28, 2024. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -86.05% | Jul 11, 2014 | 2425 | Feb 28, 2024 | — | — | — |
| -16.86% | Jun 11, 2013 | 11 | Jun 25, 2013 | 142 | Jan 21, 2014 | 153 |
| -16.57% | Jan 22, 2014 | 40 | Mar 19, 2014 | 73 | Jul 2, 2014 | 113 |
| -7.9% | Apr 4, 2013 | 11 | Apr 18, 2013 | 19 | May 15, 2013 | 30 |
| -1.71% | May 31, 2013 | 1 | May 31, 2013 | 6 | Jun 10, 2013 | 7 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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