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Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Global X MSCI Argentina ETF

ARGT | ETF

$80.54

$174 M

0.53%

$0.43

0.59%

Vitals

YTD Return

57.5%

1 yr return

73.8%

3 Yr Avg Return

38.4%

5 Yr Avg Return

30.6%

Net Assets

$174 M

Holdings in Top 10

68.2%

52 WEEK LOW AND HIGH

$81.0
$48.84
$81.03

Expenses

OPERATING FEES

Expense Ratio 0.59%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Global X MSCI Argentina ETF

ARGT | ETF

$80.54

$174 M

0.53%

$0.43

0.59%

ARGT - Profile

Distributions

  • YTD Total Return 57.5%
  • 3 Yr Annualized Total Return 38.4%
  • 5 Yr Annualized Total Return 30.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Global X MSCI Argentina ETF
  • Fund Family Name
    Global X Funds
  • Inception Date
    Mar 02, 2011
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund invests at least 80% of its total assets in the securities of the MSCI All Argentina 25/50 Index ("Underlying Index") and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the Underlying Index. The Fund also invests at least 80% of its total assets in securities of companies that are economically tied to Argentina. The Fund's 80% investment policies are non-fundamental and require 60 days prior written notice to shareholders before they can be changed. The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of the collateral received).
The Underlying Index is designed to represent the performance of the broad Argentina equity universe, while including a minimum number of constituents, as defined by MSCI, Inc. ("MSCI"), the provider of the Underlying Index ("Index Provider"). The broad Argentina equity universe includes securities that are classified in Argentina according to the MSCI Global Investable Market Index Methodology, together with companies that are headquartered or listed in Argentina and carry out the majority of their operations in Argentina. The Underlying Index targets a minimum of 25 securities and 20 issuers at construction. The Fund's investment objective and Underlying Index may be changed without shareholder approval.
The Underlying Index is sponsored by the Index Provider, which is an organization that is independent of, and unaffiliated with, the Fund and Global X Management Company LLC, the investment adviser for the Fund ("Adviser"). The Index Provider
determines the relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.
The Adviser uses a "passive" or indexing approach to try to achieve the Fund's investment objective. Unlike many investment companies, the Fund does not try to outperform the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued.
The Fund generally will use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Underlying Index in approximately the same proportions as in the Underlying Index. However, the Fund may utilize a representative sampling strategy with respect to the Underlying Index when a replication strategy might be detrimental or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Underlying Index, in instances in which a security in the Underlying Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Underlying Index.
  
The Adviser expects that, over time, the correlation between the Fund's performance and that of the Underlying Index, before fees and expenses, will exceed 95%. A correlation percentage of 100% would indicate perfect correlation. If the Fund uses a replication strategy, it can be expected to have greater correlation to the Underlying Index than if it uses a representative sampling strategy.
The Fund concentrates its investments (i.e., holds 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. As of December 31, 2023, the Underlying Index had significant exposure to the consumer discretionary sector.
Read More

ARGT - Performance

Return Ranking - Trailing

Period ARGT Return Category Return Low Category Return High Rank in Category (%)
YTD 57.5% N/A N/A N/A
1 Yr 73.8% N/A N/A N/A
3 Yr 38.4%* N/A N/A N/A
5 Yr 30.6%* N/A N/A N/A
10 Yr 15.7%* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period ARGT Return Category Return Low Category Return High Rank in Category (%)
2023 51.1% N/A N/A N/A
2022 8.7% N/A N/A N/A
2021 2.9% N/A N/A N/A
2020 14.3% N/A N/A N/A
2019 13.3% N/A N/A N/A

Total Return Ranking - Trailing

Period ARGT Return Category Return Low Category Return High Rank in Category (%)
YTD 57.5% N/A N/A N/A
1 Yr 73.8% N/A N/A N/A
3 Yr 38.4%* N/A N/A N/A
5 Yr 30.6%* N/A N/A N/A
10 Yr 15.7%* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period ARGT Return Category Return Low Category Return High Rank in Category (%)
2023 53.7% N/A N/A N/A
2022 11.8% N/A N/A N/A
2021 3.8% N/A N/A N/A
2020 14.6% N/A N/A N/A
2019 14.5% N/A N/A N/A

ARGT - Holdings

Concentration Analysis

ARGT Category Low Category High ARGT % Rank
Net Assets 174 M N/A N/A N/A
Number of Holdings 26 N/A N/A N/A
Net Assets in Top 10 202 M N/A N/A N/A
Weighting of Top 10 68.17% N/A N/A N/A

Top 10 Holdings

  1. MERCADOLIBRE INC COMMON STOCK 23.79%
  2. YPF S.A.-SPONSORED ADR DEPOSITARY RECEIPT 7.04%
  3. GRUPO FINANCIERO GALICIA-ADR DEPOSITARY RECEIPT 6.22%
  4. BANCO MACRO SA-ADR DEPOSITARY RECEIPT 5.30%
  5. FILO CORP COMMON STOCK 5.23%
  6. PAMPA ENERGIA SA-SPON ADR DEPOSITARY RECEIPT 4.48%
  7. TRANSPORTADOR GAS-ADR SP B DEPOSITARY RECEIPT 4.26%
  8. Embotelladora Andina SA PREFERRED STOCK 4.12%
  9. ARCOS DORADOS HOLDINGS INC-A COMMON STOCK 3.86%
  10. SSR MINING INC COMMON STOCK 3.86%

Asset Allocation

Weighting Return Low Return High ARGT % Rank
Stocks 		95.78% N/A N/A N/A
Preferred Stocks 		4.12% N/A N/A N/A
Other 		2.60% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Cash 		0.00% N/A N/A N/A
Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High ARGT % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High ARGT % Rank
US 		78.92% N/A N/A N/A
Non US 		16.85% N/A N/A N/A

ARGT - Expenses

Operational Fees

ARGT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% N/A N/A N/A
Management Fee 0.59% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

ARGT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

ARGT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ARGT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

ARGT - Distributions

Dividend Yield Analysis

ARGT Category Low Category High ARGT % Rank
Dividend Yield 0.53% N/A N/A N/A

Dividend Distribution Analysis

ARGT Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual

Net Income Ratio Analysis

ARGT Category Low Category High ARGT % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

ARGT Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

ARGT - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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