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.
Performance
ARGT vs. AAPL - Performance Comparison
Returns By Period
In the year-to-date period, ARGT achieves a 59.34% return, which is significantly higher than AAPL's 19.53% return. Over the past 10 years, ARGT has underperformed AAPL with an annualized return of 15.61%, while AAPL has yielded a comparatively higher 24.39% annualized return.
ARGT
59.34%
13.43%
34.24%
76.59%
30.80%
15.61%
AAPL
19.53%
-3.06%
20.23%
20.71%
29.37%
24.39%
Key characteristics
| ARGT | AAPL | |
|---|---|---|
| Sharpe Ratio | 2.87 | 0.90 |
| Sortino Ratio | 3.63 | 1.43 |
| Omega Ratio | 1.43 | 1.18 |
| Calmar Ratio | 4.86 | 1.22 |
| Martin Ratio | 12.55 | 2.85 |
| Ulcer Index | 6.04% | 7.08% |
| Daily Std Dev | 26.45% | 22.51% |
| Max Drawdown | -61.68% | -81.80% |
| Current Drawdown | 0.00% | -3.06% |
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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.
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 0.91%, more than AAPL's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARGT Global X MSCI Argentina ETF | 0.91% | 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 | 0.43% | 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 6.99% compared to Apple Inc (AAPL) at 5.16%. 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.