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.
Key characteristics
| ARGT | AAPL | |
|---|---|---|
| YTD Return | 14.06% | -10.01% |
| 1Y Return | 52.95% | 3.88% |
| 3Y Return (Ann) | 27.51% | 9.94% |
| 5Y Return (Ann) | 17.28% | 27.74% |
| 10Y Return (Ann) | 12.37% | 24.83% |
| Sharpe Ratio | 1.89 | 0.16 |
| Daily Std Dev | 28.37% | 19.81% |
| Max Drawdown | -61.68% | -81.80% |
| Current Drawdown | 0.00% | -12.55% |
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
In the year-to-date period, ARGT achieves a 14.06% return, which is significantly higher than AAPL's -10.01% return. Over the past 10 years, ARGT has underperformed AAPL with an annualized return of 12.37%, while AAPL has yielded a comparatively higher 24.83% annualized return. 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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Risk-Adjusted Performance
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 1.40%, more than AAPL's 0.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARGT Global X MSCI Argentina ETF | 1.40% | 1.59% | 2.45% | 0.93% | 0.28% | 1.21% | 1.34% | 0.49% | 0.36% | 0.89% | 0.47% | 0.62% |
AAPL Apple Inc. | 0.55% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
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
Global X MSCI Argentina ETF (ARGT) has a higher volatility of 8.94% compared to Apple Inc. (AAPL) at 7.21%. This indicates that ARGT's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.