OTGL vs. COLO
OTGL (OTG Latin America ETF) and COLO (Global X MSCI Colombia ETF) are both Latin America Equities funds - OTGL tracks the Actively Managed while COLO tracks the MSCI All Colombia Select 25/50 Index. Both are passively managed. Over the past year, OTGL returned 21.65% vs 57.72% for COLO. A 0.59 correlation means they provide meaningful diversification when combined. OTGL charges 0.95%/yr vs 0.62%/yr for COLO.
Performance
OTGL vs. COLO - Performance Comparison
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Returns By Period
In the year-to-date period, OTGL achieves a 7.05% return, which is significantly lower than COLO's 22.99% return.
OTGL
- 1D
- -0.78%
- 1M
- -1.03%
- 6M
- 2.20%
- YTD
- 7.05%
- 1Y
- 21.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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 vs. COLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OTGL OTG Latin America ETF | 7.05% | 13.64% |
COLO Global X MSCI Colombia ETF | 22.99% | 28.23% |
Correlation
The correlation between OTGL and COLO 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
OTGL vs. COLO — Risk / Return Rank
OTGL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
COLO
OTGL vs. COLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for OTG Latin America ETF (OTGL) and Global X MSCI Colombia ETF (COLO). 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.
| OTGL | COLO | 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
OTGL vs. COLO - Drawdown Comparison
The maximum OTGL drawdown since its inception was -13.52%, smaller than the maximum COLO drawdown of -78.91%. Use the drawdown chart below to compare losses from any high point for OTGL and COLO.
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Drawdown Indicators
| OTGL | COLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.52% | -78.91% | +65.39% |
Max Drawdown (1Y)Largest decline over 1 year | -13.52% | -17.79% | +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 | -7.75% | -16.51% | +8.76% |
Average DrawdownAverage peak-to-trough decline | -3.60% | -40.19% | +36.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.63% | — |
Volatility
OTGL vs. COLO - Volatility Comparison
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Volatility by Period
| OTGL | COLO | 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 | 18.97% | 23.30% | -4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.97% | 23.33% | -4.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.97% | 25.37% | -6.40% |
OTGL vs. COLO - Expense Ratio Comparison
OTGL has a 0.95% expense ratio, which is higher than COLO's 0.62% expense ratio.
Dividends
OTGL vs. COLO - Dividend Comparison
OTGL's dividend yield for the trailing twelve months is around 2.78%, less than COLO's 4.57% 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
OTGL and COLO 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.
OTGL tracks Actively Managed, while COLO tracks MSCI All Colombia Select 25/50 Index. They also come from different issuers: OTG and Global X. Their fees differ too: 0.95% for OTGL and 0.62% for COLO.
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