COLO vs. OTGL
COLO (Global X MSCI Colombia ETF) and OTGL (OTG Latin America ETF) are both Latin America Equities funds - COLO tracks the MSCI All Colombia Select 25/50 Index while OTGL tracks the Actively Managed. Both are passively managed. Over the past year, COLO returned 57.72% vs 21.65% for OTGL. A 0.59 correlation means they provide meaningful diversification when combined. COLO charges 0.62%/yr vs 0.95%/yr for OTGL.
Performance
COLO vs. OTGL - Performance Comparison
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Returns By Period
In the year-to-date period, COLO achieves a 22.99% return, which is significantly higher than OTGL's 7.05% return.
COLO
- 1D
- -1.40%
- 1M
- -0.26%
- 6M
- 13.36%
- YTD
- 22.99%
- 1Y
- 57.72%
- 3Y*
- 33.96%
- 5Y*
- 16.83%
- 10Y*
- 6.45%
OTGL
- 1D
- -0.78%
- 1M
- -1.03%
- 6M
- 2.20%
- YTD
- 7.05%
- 1Y
- 21.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COLO vs. OTGL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
COLO Global X MSCI Colombia ETF | 22.99% | 28.23% |
OTGL OTG Latin America ETF | 7.05% | 13.64% |
Correlation
The correlation between COLO and OTGL is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.59 |
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Return for Risk
COLO vs. OTGL — Risk / Return Rank
COLO
OTGL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
COLO vs. OTGL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Colombia ETF (COLO) and OTG Latin America ETF (OTGL). 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.
| COLO | OTGL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.26 | — | — |
| Martin ratioReturn relative to average drawdown | 8.74 | — | — |
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Drawdowns
COLO vs. OTGL - Drawdown Comparison
The maximum COLO drawdown since its inception was -78.91%, which is greater than OTGL's maximum drawdown of -13.52%. Use the drawdown chart below to compare losses from any high point for COLO and OTGL.
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Drawdown Indicators
| COLO | OTGL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.91% | -13.52% | -65.39% |
Max Drawdown (1Y)Largest decline over 1 year | -17.79% | -13.52% | -4.27% |
Max Drawdown (3Y)Largest decline over 3 years | -18.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -43.86% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -62.75% | — | — |
Current DrawdownCurrent decline from peak | -16.51% | -7.75% | -8.76% |
Average DrawdownAverage peak-to-trough decline | -40.19% | -3.60% | -36.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.63% | — | — |
Volatility
COLO vs. OTGL - Volatility Comparison
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Volatility by Period
| COLO | OTGL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.77% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 19.76% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 23.30% | 18.97% | +4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.33% | 18.97% | +4.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.37% | 18.97% | +6.40% |
COLO vs. OTGL - Expense Ratio Comparison
COLO has a 0.62% expense ratio, which is lower than OTGL's 0.95% expense ratio.
Dividends
COLO vs. OTGL - Dividend Comparison
COLO's dividend yield for the trailing twelve months is around 4.57%, more than OTGL's 2.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COLO Global X MSCI Colombia ETF | 4.57% | 7.51% | 6.08% | 6.99% | 12.55% | 2.32% | 3.23% | 3.04% | 3.03% | 1.83% | 1.48% | 1.58% |
OTGL OTG Latin America ETF | 2.78% | 1.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
COLO and OTGL have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, COLO leads with 57.72% vs 21.65% for OTGL. On fees, COLO is cheaper at 0.62% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, COLO has performed better with a 57.72% return vs 21.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
COLO is cheaper with a 0.62% expense ratio, compared with 0.95% for OTGL.
COLO has the higher dividend yield at 4.57%, compared with 2.78% for OTGL.
COLO tracks MSCI All Colombia Select 25/50 Index, while OTGL tracks Actively Managed. They also come from different issuers: Global X and OTG. Their fees differ too: 0.62% for COLO and 0.95% for OTGL.
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