ARCM vs. NGE
Compare and contrast key facts about Arrow Reserve Capital Management ETF (ARCM) and Global X MSCI Nigeria ETF (NGE).
ARCM and NGE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARCM is an actively managed fund by Arrow Funds. It was launched on Mar 31, 2017. NGE is a passively managed fund by Global X that tracks the performance of the MSCI All Nigeria Select 25/50. It was launched on Apr 3, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARCM or NGE.
Key characteristics
| ARCM | NGE |
|---|
Correlation
The correlation between ARCM and NGE is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ARCM vs. NGE - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ARCM vs. NGE - Expense Ratio Comparison
ARCM has a 0.50% expense ratio, which is lower than NGE's 0.89% expense ratio.
Risk-Adjusted Performance
ARCM vs. NGE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow Reserve Capital Management ETF (ARCM) and Global X MSCI Nigeria ETF (NGE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ARCM vs. NGE - Dividend Comparison
ARCM's dividend yield for the trailing twelve months is around 4.69%, while NGE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCM Arrow Reserve Capital Management ETF | 4.69% | 4.26% | 0.90% | 0.02% | 0.84% | 2.32% | 1.90% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% |
NGE Global X MSCI Nigeria ETF | 86.08% | 58.96% | 8.08% | 7.90% | 6.76% | 6.31% | 5.49% | 1.92% | 2.46% | 4.30% | 2.90% | 1.05% |
Drawdowns
ARCM vs. NGE - Drawdown Comparison
Volatility
ARCM vs. NGE - Volatility Comparison
Arrow Reserve Capital Management ETF (ARCM) has a higher volatility of 0.13% compared to Global X MSCI Nigeria ETF (NGE) at 0.00%. This indicates that ARCM's price experiences larger fluctuations and is considered to be riskier than NGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.