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 0.36, 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:
2.81
AAPL:
0.81
ARGT:
3.46
AAPL:
1.27
ARGT:
1.43
AAPL:
1.16
ARGT:
5.00
AAPL:
1.12
ARGT:
12.93
AAPL:
2.82
ARGT:
6.05%
AAPL:
6.59%
ARGT:
27.83%
AAPL:
23.00%
ARGT:
-61.68%
AAPL:
-81.80%
ARGT:
-2.27%
AAPL:
-14.05%
Returns By Period
In the year-to-date period, ARGT achieves a 5.55% return, which is significantly higher than AAPL's -11.09% return. Over the past 10 years, ARGT has underperformed AAPL with an annualized return of 18.22%, while AAPL has yielded a comparatively higher 24.44% annualized return.
ARGT
5.55%
7.32%
51.92%
72.33%
29.41%
18.22%
AAPL
-11.09%
-12.52%
-0.83%
15.39%
23.64%
24.44%
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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 1.34%, more than AAPL's 0.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARGT Global X MSCI Argentina ETF | 1.34% | 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 | 0.44% | 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
Global X MSCI Argentina ETF (ARGT) has a higher volatility of 11.55% compared to Apple Inc (AAPL) at 7.55%. 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.