GLOB vs. MSCI

Last updated Apr 1, 2026

Compare and contrast key facts about Globant S.A. (GLOB) and MSCI Inc. (MSCI).

Performance

GLOB vs. MSCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Globant S.A. (GLOB) and MSCI Inc. (MSCI). The values are adjusted to include any dividend payments, if applicable.

GLOB vs. MSCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLOB Globant S.A.	-29.46%	-69.51%	-9.90%	41.52%	-46.46%	44.34%	105.20%	88.30%	21.22%	39.31%
MSCI MSCI Inc.	-5.68%	-3.17%	7.31%	22.90%	-23.34%	38.14%	74.38%	77.19%	17.95%	62.63%

Fundamentals

Market Cap GLOB : $2.07B MSCI : $41.66B
EPS GLOB : $2.29 MSCI : $15.54
PE Ratio GLOB : 20.12 MSCI : 34.68
PEG Ratio GLOB : 4.12 MSCI : 2.15
PS Ratio GLOB : 0.84 MSCI : 13.30
Total Revenue (TTM) GLOB : $2.45B MSCI : $3.13B
Gross Profit (TTM) GLOB : $830.43M MSCI : $2.58B
EBITDA (TTM) GLOB : $331.72M MSCI : $1.93B

Returns By Period

In the year-to-date period, GLOB achieves a -29.46% return, which is significantly lower than MSCI's -5.68% return. Over the past 10 years, GLOB has underperformed MSCI with an annualized return of 3.78%, while MSCI has yielded a comparatively higher 23.21% annualized return.

GLOB

• 1D: 0.94%
• 1M: -7.34%
• YTD: -29.46%
• 6M: -19.64%
• 1Y: -60.83%
• 3Y*: -34.49%
• 5Y*: -26.16%
• 10Y*: 3.78%

MSCI

• 1D: 1.34%
• 1M: -5.74%
• YTD: -5.68%
• 6M: -4.33%
• 1Y: -3.40%
• 3Y*: -0.04%
• 5Y*: 5.82%
• 10Y*: 23.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GLOB vs. MSCI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLOB

GLOB Risk / Return Rank: 8
GLOB Sharpe Ratio Rank: 4
GLOB Sortino Ratio Rank: 5
GLOB Omega Ratio Rank: 5
GLOB Calmar Ratio Rank: 10
GLOB Martin Ratio Rank: 18

MSCI

MSCI Risk / Return Rank: 35
MSCI Sharpe Ratio Rank: 37
MSCI Sortino Ratio Rank: 32
MSCI Omega Ratio Rank: 32
MSCI Calmar Ratio Rank: 38
MSCI Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLOB vs. MSCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Globant S.A. (GLOB) and MSCI Inc. (MSCI). 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.

	GLOB	MSCI	Difference
Sharpe ratio Return per unit of total volatility	-1.04	-0.11	-0.92
Sortino ratio Return per unit of downside risk	-1.59	0.05	-1.64
Omega ratio Gain probability vs. loss probability	0.79	1.01	-0.21
Calmar ratio Return relative to maximum drawdown	-0.87	-0.12	-0.75
Martin ratio Return relative to average drawdown	-1.25	-0.34	-0.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLOB vs. MSCI - Sharpe Ratio Comparison

The current GLOB Sharpe Ratio is -1.04, which is lower than the MSCI Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of GLOB and MSCI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GLOB	MSCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.04	-0.11	-0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.53	0.19	-0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	0.75	-0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.53	-0.26

Correlation

The correlation between GLOB and MSCI is 0.43, 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.

Dividends

GLOB vs. MSCI - Dividend Comparison

GLOB has not paid dividends to shareholders, while MSCI's dividend yield for the trailing twelve months is around 1.38%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLOB Globant S.A.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MSCI MSCI Inc.	1.38%	1.25%	1.07%	0.98%	0.98%	0.59%	0.65%	0.98%	1.30%	1.04%	1.27%	1.11%

Drawdowns

GLOB vs. MSCI - Drawdown Comparison

The maximum GLOB drawdown since its inception was -88.27%, which is greater than MSCI's maximum drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for GLOB and MSCI.

Drawdown Indicators

	GLOB	MSCI	Difference
Max Drawdown Largest peak-to-trough decline	-88.27%	-69.06%	-19.21%
Max Drawdown (1Y) Largest decline over 1 year	-70.39%	-18.07%	-52.32%
Max Drawdown (5Y) Largest decline over 5 years	-88.27%	-43.74%	-44.53%
Max Drawdown (10Y) Largest decline over 10 years	-88.27%	-43.74%	-44.53%
Current Drawdown Current decline from peak	-86.99%	-16.20%	-70.79%
Average Drawdown Average peak-to-trough decline	-25.07%	-13.12%	-11.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	48.94%	6.48%	+42.46%

Volatility

GLOB vs. MSCI - Volatility Comparison

Globant S.A. (GLOB) has a higher volatility of 12.23% compared to MSCI Inc. (MSCI) at 6.58%. This indicates that GLOB's price experiences larger fluctuations and is considered to be riskier than MSCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLOB	MSCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.23%	6.58%	+5.65%
Volatility (6M) Calculated over the trailing 6-month period	38.66%	21.10%	+17.56%
Volatility (1Y) Calculated over the trailing 1-year period	58.71%	30.07%	+28.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.96%	30.55%	+19.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.89%	31.03%	+15.86%

Financials

GLOB vs. MSCI - Profitability Comparison

The chart below illustrates the profitability comparison between Globant S.A. and MSCI Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GLOB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Globant S.A. reported a gross profit of 213.66M and revenue of 612.47M. Therefore, the gross margin over that period was 34.9%.

MSCI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, MSCI Inc. reported a gross profit of 679.15M and revenue of 822.53M. Therefore, the gross margin over that period was 82.6%.

GLOB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Globant S.A. reported an operating income of 59.55M and revenue of 612.47M, resulting in an operating margin of 9.7%.

MSCI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, MSCI Inc. reported an operating income of 463.62M and revenue of 822.53M, resulting in an operating margin of 56.4%.

GLOB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Globant S.A. reported a net income of 41.56M and revenue of 612.47M, resulting in a net margin of 6.8%.

MSCI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, MSCI Inc. reported a net income of 284.67M and revenue of 822.53M, resulting in a net margin of 34.6%.