ARGT vs. GXG
Compare and contrast key facts about Global X MSCI Argentina ETF (ARGT) and Global X MSCI Colombia ETF (GXG).
ARGT and GXG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. GXG is a passively managed fund by Global X that tracks the performance of the MSCI All Colombia Select 25/50. It was launched on Feb 5, 2009. Both ARGT and GXG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARGT or GXG.
Correlation
The correlation between ARGT and GXG is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ARGT vs. GXG - Performance Comparison
Key characteristics
ARGT:
1.75
GXG:
0.65
ARGT:
2.38
GXG:
1.02
ARGT:
1.29
GXG:
1.13
ARGT:
2.70
GXG:
0.23
ARGT:
8.46
GXG:
1.37
ARGT:
6.79%
GXG:
10.34%
ARGT:
32.75%
GXG:
21.72%
ARGT:
-61.68%
GXG:
-78.88%
ARGT:
-2.99%
GXG:
-51.68%
Returns By Period
In the year-to-date period, ARGT achieves a 4.78% return, which is significantly lower than GXG's 20.22% return. Over the past 10 years, ARGT has outperformed GXG with an annualized return of 15.99%, while GXG has yielded a comparatively lower -1.96% annualized return.
ARGT
4.78%
1.74%
18.51%
56.10%
40.33%
15.99%
GXG
20.22%
-0.22%
22.25%
13.87%
11.56%
-1.96%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ARGT vs. GXG - Expense Ratio Comparison
ARGT has a 0.60% expense ratio, which is lower than GXG's 0.62% expense ratio.
Risk-Adjusted Performance
ARGT vs. GXG — Risk-Adjusted Performance Rank
ARGT
GXG
ARGT vs. GXG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Argentina ETF (ARGT) and Global X MSCI Colombia ETF (GXG). 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. GXG - Dividend Comparison
ARGT's dividend yield for the trailing twelve months is around 1.35%, less than GXG's 5.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARGT Global X MSCI Argentina ETF | 1.35% | 1.41% | 1.59% | 2.45% | 0.93% | 0.28% | 1.21% | 1.34% | 0.49% | 0.36% | 0.89% | 0.47% |
GXG Global X MSCI Colombia ETF | 5.06% | 6.08% | 7.00% | 12.55% | 2.32% | 3.23% | 3.04% | 3.03% | 1.83% | 1.48% | 1.58% | 3.20% |
Drawdowns
ARGT vs. GXG - Drawdown Comparison
The maximum ARGT drawdown since its inception was -61.68%, smaller than the maximum GXG drawdown of -78.88%. Use the drawdown chart below to compare losses from any high point for ARGT and GXG. For additional features, visit the drawdowns tool.
Volatility
ARGT vs. GXG - Volatility Comparison
Global X MSCI Argentina ETF (ARGT) has a higher volatility of 16.98% compared to Global X MSCI Colombia ETF (GXG) at 13.04%. This indicates that ARGT's price experiences larger fluctuations and is considered to be riskier than GXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.