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ETFs

Global X MSCI Argentina ETF

ARGT
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Today’s Change
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Snapshot
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Inception Date
Mar 02 2011
Expense Ratio
0.59%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$1,023,936
AUM
$65,042,175
Associated Index
MSCI All Argentina 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

MELI
MercadoLibre Inc
24.23%
YPF
YPF - ADR
6.84%
GGAL
Grupo Financiero Galicia - ADR
5.91%
PAM
Pampa Energia SA - ADR
5.52%
AGRO
Adecoagro S.A.
4.85%
BMA
Banco Macro S.A. - ADR
4.59%
ARCO
Arcos Dorados Holdings Inc - Ordinary Shares - Class A
4.46%
LAC
Lithium Americas Corp
4.12%
SSRM
SSR Mining Inc
4.08%
TGS
Transportadora de Gas del Sur - ADR
3.72%
Invest with ARGT

What is ARGT?

The Global X MSCI Argentina ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Argentina 25/50 Index.

ETFs related toARGT

ETFs correlated to ARGT include CVRD, ILF, RLY

ARGT
Global X Funds - Global X MSCI Argentina ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
ILF
BlackRock Institutional Trust Company N.A. - iShares Latin America 40 ETF
RLY
SSgA Active Trust - SPDR SSgA Multi-Asset Real Return ETF
GNR
SSgA Active Trust - SPDR S&P Global Natural Resources ETF
IPKW
Invesco Capital Management LLC - Invesco International BuyBack Achievers TM ETF
GUNR
FlexShares Trust - FlexShares Global Upstream Natural Resources Index Fund
SDIV
Global X Funds - Global X SuperDividend ETF
DWAS
Invesco Capital Management LLC - Invesco Dorsey Wright SmallCap Momentum ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
PVAL
Putnam ETF Trust - Putnam Focused Large Cap Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toARGT

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ARGT using Composer

FAQ

ARGT is a Global Ex. US Equities ETF. The Global X MSCI Argentina ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Argentina 25/50 Index.

ARGT tracks the MSCI All Argentina 25/50 Index.

No, ARGT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ARGT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ARGT is -0.0635%. This is the percent change in the value of ARGT over the most recent 1-month period. The 3-month return on ARGT is -0.0769%. This is the percent change in the value of ARGT over the most recent 3-month period.

The standard deviation of ARGT for the past year is 0.2983%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ARGT include EWZ, EWW, and EWT.

ETFs correlated to ARGT include CVRD, ILF, and RLY.

ETFs that are inversely correlated to ARGT include TWM, RWM, and TZA.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.