WMT vs. ARGT

Last updated Jun 13, 2026

WMT (Walmart Inc.) is a stock, while ARGT (Global X MSCI Argentina ETF) is Latin America Equities fund tracking the MSCI All Argentina 25/50. Over the past 10 years, WMT returned 19.77%/yr vs 17.70%/yr for ARGT. At a 0.16 correlation, their price movements are largely independent.

Performance

WMT vs. ARGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Walmart Inc. (WMT) and Global X MSCI Argentina ETF (ARGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WMT achieves a 9.07% return, which is significantly higher than ARGT's 7.11% return. Over the past 10 years, WMT has outperformed ARGT with an annualized return of 19.77%, while ARGT has yielded a comparatively lower 17.70% annualized return.

WMT

• 1D: 0.45%
• 1M: -7.92%
• YTD: 9.07%
• 6M: 4.13%
• 1Y: 29.24%
• 3Y*: 34.18%
• 5Y*: 22.42%
• 10Y*: 19.77%

ARGT

• 1D: -0.06%
• 1M: 12.71%
• YTD: 7.11%
• 6M: 9.09%
• 1Y: 14.29%
• 3Y*: 33.30%
• 5Y*: 27.23%
• 10Y*: 17.70%

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

WMT vs. ARGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WMT Walmart Inc.	9.07%	24.49%	73.99%	12.88%	-0.46%	1.97%	23.32%	30.16%	-3.43%	46.56%
ARGT Global X MSCI Argentina ETF	7.11%	11.51%	63.46%	53.64%	11.80%	3.83%	14.58%	14.50%	-32.62%	53.87%

Correlation

The correlation between WMT and ARGT is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Mar 3, 2011	0.16

The correlation between WMT and ARGT shifts across timeframes, from -0.15 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WMT vs. ARGT — Risk / Return Rank

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

WMT

WMT Risk / Return Rank: 76
WMT Sharpe Ratio Rank: 78
WMT Sortino Ratio Rank: 73
WMT Omega Ratio Rank: 74
WMT Calmar Ratio Rank: 75
WMT Martin Ratio Rank: 80

ARGT

ARGT Risk / Return Rank: 17
ARGT Sharpe Ratio Rank: 15
ARGT Sortino Ratio Rank: 17
ARGT Omega Ratio Rank: 17
ARGT Calmar Ratio Rank: 17
ARGT Martin Ratio Rank: 16

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.

WMT vs. ARGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Walmart Inc. (WMT) 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.

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.

	WMT	ARGT	Difference
Sharpe ratio: Return per unit of total volatility	1.22	0.34	+0.88
Sortino ratio: Return per unit of downside risk	1.79	0.83	+0.97
Omega ratio: Gain probability vs. loss probability	1.23	1.10	+0.14
Calmar ratio: Return relative to maximum drawdown	1.83	0.57	+1.26
Martin ratio: Return relative to average drawdown	5.82	1.25	+4.57

WMT vs. ARGT - Sharpe Ratio Comparison

The current WMT Sharpe Ratio is 1.22, which is higher than the ARGT Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of WMT and ARGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WMT vs. ARGT - Drawdown Comparison

The maximum WMT drawdown since its inception was -77.14%, which is greater than ARGT's maximum drawdown of -61.68%. Use the drawdown chart below to compare losses from any high point for WMT and ARGT.

Drawdown Indicators

	WMT	ARGT	Difference
Max Drawdown Largest peak-to-trough decline	-77.14%	-61.68%	-15.46%
Max Drawdown (1Y) Largest decline over 1 year	-15.75%	-22.25%	+6.50%
Max Drawdown (3Y) Largest decline over 3 years	-21.93%	-28.46%	+6.53%
Max Drawdown (5Y) Largest decline over 5 years	-25.74%	-35.14%	+9.40%
Max Drawdown (10Y) Largest decline over 10 years	-25.74%	-61.68%	+35.94%
Current Drawdown Current decline from peak	-9.81%	-4.89%	-4.92%
Average Drawdown Average peak-to-trough decline	-14.63%	-22.02%	+7.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.94%	10.34%	-5.40%

Volatility

WMT vs. ARGT - Volatility Comparison

The current volatility for Walmart Inc. (WMT) is 9.86%, while Global X MSCI Argentina ETF (ARGT) has a volatility of 11.28%. This indicates that WMT 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.

Volatility by Period

	WMT	ARGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.86%	11.28%	-1.42%
Volatility (6M) Calculated over the trailing 6-month period	18.49%	21.26%	-2.77%
Volatility (1Y) Calculated over the trailing 1-year period	23.67%	37.19%	-13.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.68%	32.06%	-10.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.73%	31.50%	-9.77%

Dividends

WMT vs. ARGT - Dividend Comparison

WMT's dividend yield for the trailing twelve months is around 0.80%, more than ARGT's 0.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARGT Global X MSCI Argentina ETF	0.79%	0.84%	1.41%	1.59%	2.45%	0.93%	0.28%	1.21%	1.34%	0.49%	0.36%	0.89%
WMT Walmart Inc.	0.80%	0.84%	0.92%	1.45%	1.58%	1.52%	1.50%	1.78%	2.23%	2.07%	2.89%	3.20%

Frequently Asked Questions

Can I hold both WMT and ARGT in my portfolio?

WMT and ARGT have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WMT or ARGT?

ARGT has higher volatility (11.28%) compared to WMT (9.86%). In terms of maximum drawdown, WMT dropped -77.14% vs ARGT's -61.68%.

Which has better risk-adjusted returns?

WMT currently has the higher Sharpe Ratio (1.22 vs 0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.