GXG vs. URTH
Compare and contrast key facts about Global X MSCI Colombia ETF (GXG) and iShares MSCI World ETF (URTH).
GXG and URTH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012. Both GXG and URTH 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: GXG or URTH.
Key characteristics
| GXG | URTH | |
|---|---|---|
| YTD Return | 0.92% | 16.82% |
| 1Y Return | 15.94% | 28.49% |
| 3Y Return (Ann) | -2.06% | 5.94% |
| 5Y Return (Ann) | -5.23% | 11.96% |
| 10Y Return (Ann) | -6.75% | 10.02% |
| Sharpe Ratio | 0.99 | 2.54 |
| Sortino Ratio | 1.48 | 3.46 |
| Omega Ratio | 1.18 | 1.47 |
| Calmar Ratio | 0.28 | 3.49 |
| Martin Ratio | 2.18 | 16.20 |
| Ulcer Index | 8.57% | 1.84% |
| Daily Std Dev | 18.88% | 11.70% |
| Max Drawdown | -78.88% | -34.01% |
| Current Drawdown | -61.25% | -2.78% |
Correlation
The correlation between GXG and URTH is 0.45, 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
GXG vs. URTH - Performance Comparison
In the year-to-date period, GXG achieves a 0.92% return, which is significantly lower than URTH's 16.82% return. Over the past 10 years, GXG has underperformed URTH with an annualized return of -6.75%, while URTH has yielded a comparatively higher 10.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GXG vs. URTH - Expense Ratio Comparison
GXG has a 0.62% expense ratio, which is higher than URTH's 0.24% expense ratio.
Risk-Adjusted Performance
GXG vs. URTH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Colombia ETF (GXG) and iShares MSCI World ETF (URTH). 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
GXG vs. URTH - Dividend Comparison
GXG's dividend yield for the trailing twelve months is around 6.90%, more than URTH's 1.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXG Global X MSCI Colombia ETF | 6.90% | 6.99% | 12.55% | 2.32% | 3.23% | 3.04% | 3.03% | 1.83% | 1.48% | 1.58% | 3.20% | 4.10% |
URTH iShares MSCI World ETF | 1.48% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.15% | 2.35% | 2.31% | 1.04% |
Drawdowns
GXG vs. URTH - Drawdown Comparison
The maximum GXG drawdown since its inception was -78.88%, which is greater than URTH's maximum drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for GXG and URTH. For additional features, visit the drawdowns tool.
Volatility
GXG vs. URTH - Volatility Comparison
Global X MSCI Colombia ETF (GXG) has a higher volatility of 4.19% compared to iShares MSCI World ETF (URTH) at 2.91%. This indicates that GXG's price experiences larger fluctuations and is considered to be riskier than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.