ARGT vs. AAPL
Compare and contrast key facts about Global X MSCI Argentina ETF (ARGT) and Apple Inc (AAPL).
ARGT is a passively managed fund by Global X that tracks the performance of the MSCI All Argentina 25/50. It was launched on Mar 2, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARGT or AAPL.
Correlation
The correlation between ARGT and AAPL is 0.37, 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
ARGT vs. AAPL - Performance Comparison
Key characteristics
ARGT:
1.16
AAPL:
0.42
ARGT:
1.65
AAPL:
0.72
ARGT:
1.20
AAPL:
1.10
ARGT:
2.02
AAPL:
0.43
ARGT:
5.54
AAPL:
1.70
ARGT:
6.39%
AAPL:
6.82%
ARGT:
30.50%
AAPL:
27.32%
ARGT:
-61.68%
AAPL:
-81.80%
ARGT:
-17.49%
AAPL:
-27.19%
Returns By Period
In the year-to-date period, ARGT achieves a -10.89% return, which is significantly higher than AAPL's -24.69% return. Over the past 10 years, ARGT has underperformed AAPL with an annualized return of 14.29%, while AAPL has yielded a comparatively higher 20.99% annualized return.
ARGT
-10.89%
-11.54%
10.92%
36.92%
38.17%
14.29%
AAPL
-24.69%
-20.09%
-16.76%
12.11%
26.38%
20.99%
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Risk-Adjusted Performance
ARGT vs. AAPL — Risk-Adjusted Performance Rank
ARGT
AAPL
ARGT vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Argentina ETF (ARGT) and Apple Inc (AAPL). 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
ARGT vs. AAPL - Dividend Comparison
ARGT's dividend yield for the trailing twelve months is around 1.58%, more than AAPL's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARGT Global X MSCI Argentina ETF | 1.58% | 1.41% | 1.59% | 2.45% | 0.93% | 0.28% | 1.21% | 1.34% | 0.49% | 0.36% | 0.89% | 0.47% |
AAPL Apple Inc | 0.53% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% |
Drawdowns
ARGT vs. AAPL - Drawdown Comparison
The maximum ARGT drawdown since its inception was -61.68%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for ARGT and AAPL. For additional features, visit the drawdowns tool.
Volatility
ARGT vs. AAPL - Volatility Comparison
The current volatility for Global X MSCI Argentina ETF (ARGT) is 13.43%, while Apple Inc (AAPL) has a volatility of 14.64%. This indicates that ARGT experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.