ARGT vs. USD=X
ARGT (Global X MSCI Argentina ETF) is Latin America Equities fund tracking the MSCI All Argentina 25/50, while USD=X (USD Cash) is a currency. Over the past 10 years, ARGT returned 17.70%/yr vs 0.00%/yr for USD=X.
Performance
ARGT vs. USD=X - Performance Comparison
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Returns By Period
ARGT
- 1D
- -0.06%
- 1M
- 12.71%
- YTD
- 7.11%
- 6M
- 9.09%
- 1Y
- 14.29%
- 3Y*
- 33.30%
- 5Y*
- 27.23%
- 10Y*
- 17.70%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
ARGT vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARGT Global X MSCI Argentina ETF | 7.11% | 11.51% | 63.46% | 53.64% | 11.80% | 3.83% | 14.58% | 14.50% | -32.62% | 53.87% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
ARGT vs. USD=X — Risk / Return Rank
ARGT
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ARGT vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Argentina ETF (ARGT) and USD Cash (USD=X). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARGT | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.10 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | — | — |
| Martin ratioReturn relative to average drawdown | 1.25 | — | — |
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Drawdowns
ARGT vs. USD=X - Drawdown Comparison
The maximum ARGT drawdown since its inception was -61.68%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ARGT and USD=X.
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Drawdown Indicators
| ARGT | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.68% | 0.00% | -61.68% |
Max Drawdown (1Y)Largest decline over 1 year | -22.25% | 0.00% | -22.25% |
Max Drawdown (3Y)Largest decline over 3 years | -28.46% | 0.00% | -28.46% |
Max Drawdown (5Y)Largest decline over 5 years | -35.14% | 0.00% | -35.14% |
Max Drawdown (10Y)Largest decline over 10 years | -61.68% | 0.00% | -61.68% |
Current DrawdownCurrent decline from peak | -4.89% | 0.00% | -4.89% |
Average DrawdownAverage peak-to-trough decline | -22.02% | 0.00% | -22.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.34% | 0.00% | +10.34% |
Volatility
ARGT vs. USD=X - Volatility Comparison
Global X MSCI Argentina ETF (ARGT) has a higher volatility of 11.28% compared to USD Cash (USD=X) at 0.00%. This indicates that ARGT's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARGT | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.28% | 0.00% | +11.28% |
Volatility (6M)Calculated over the trailing 6-month period | 21.26% | 0.00% | +21.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.19% | 0.00% | +37.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.06% | 0.00% | +32.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.50% | 0.00% | +31.50% |
Frequently Asked Questions
ARGT has higher volatility (11.28%) compared to USD=X (0.00%). In terms of maximum drawdown, ARGT dropped -61.68% vs USD=X's 0.00%.
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