TGEIX vs. ARGT
Compare and contrast key facts about TCW Emerging Markets Income Fund (TGEIX) and Global X MSCI Argentina ETF (ARGT).
TGEIX is managed by TCW. It was launched on May 28, 1998. ARGT is a passively managed fund by Global X that tracks the performance of the MSCI All Argentina 25/50. It was launched on Mar 2, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGEIX or ARGT.
Correlation
The correlation between TGEIX and ARGT is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TGEIX vs. ARGT - Performance Comparison
Key characteristics
TGEIX:
2.38
ARGT:
2.69
TGEIX:
3.60
ARGT:
3.35
TGEIX:
1.47
ARGT:
1.41
TGEIX:
0.88
ARGT:
4.85
TGEIX:
10.24
ARGT:
13.05
TGEIX:
1.17%
ARGT:
5.80%
TGEIX:
5.03%
ARGT:
28.16%
TGEIX:
-38.53%
ARGT:
-61.68%
TGEIX:
-3.34%
ARGT:
-2.43%
Returns By Period
In the year-to-date period, TGEIX achieves a 2.83% return, which is significantly lower than ARGT's 5.38% return. Over the past 10 years, TGEIX has underperformed ARGT with an annualized return of 3.35%, while ARGT has yielded a comparatively higher 17.25% annualized return.
TGEIX
2.83%
1.42%
3.50%
11.96%
-0.29%
3.35%
ARGT
5.38%
-0.16%
43.71%
76.48%
28.74%
17.25%
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TGEIX vs. ARGT - Expense Ratio Comparison
TGEIX has a 0.85% expense ratio, which is higher than ARGT's 0.60% expense ratio.
Risk-Adjusted Performance
TGEIX vs. ARGT — Risk-Adjusted Performance Rank
TGEIX
ARGT
TGEIX vs. ARGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TCW Emerging Markets Income Fund (TGEIX) and Global X MSCI Argentina ETF (ARGT). 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
TGEIX vs. ARGT - Dividend Comparison
TGEIX's dividend yield for the trailing twelve months is around 6.58%, more than ARGT's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGEIX TCW Emerging Markets Income Fund | 6.58% | 6.67% | 5.26% | 5.04% | 4.90% | 4.01% | 4.92% | 4.63% | 5.47% | 5.16% | 5.33% | 5.21% |
ARGT Global X MSCI Argentina ETF | 1.34% | 1.41% | 1.59% | 2.45% | 0.93% | 0.28% | 1.21% | 1.34% | 0.49% | 0.36% | 0.89% | 0.47% |
Drawdowns
TGEIX vs. ARGT - Drawdown Comparison
The maximum TGEIX drawdown since its inception was -38.53%, smaller than the maximum ARGT drawdown of -61.68%. Use the drawdown chart below to compare losses from any high point for TGEIX and ARGT. For additional features, visit the drawdowns tool.
Volatility
TGEIX vs. ARGT - Volatility Comparison
The current volatility for TCW Emerging Markets Income Fund (TGEIX) is 1.17%, while Global X MSCI Argentina ETF (ARGT) has a volatility of 8.46%. This indicates that TGEIX experiences smaller price fluctuations and is considered to be less risky than ARGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.