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ETFs

Global X MSCI Colombia ETF

GXG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 05 2009
Expense Ratio
0.62%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$343,774
AUM
$31,319,994
Associated Index
MSCI All Colombia Select 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

PFBCOLO
PFBCOLO
14.90%
ECOPETL
ECOPETROL SA
14.79%
BCOLO
BANCOLOMBIA SA
8.04%
ISA
ISA SA
7.68%
CEMARGOS
CEMENTOS ARGOS SA
4.73%
PFAVAL
PFAVAL
4.56%
GRUPOARG
GRUPO ARGOS SA
4.37%
TGLS
Tecnoglass Inc
4.35%
GEB
GRUPO ENERGIA BO
4.20%
GPRK
Geopark Limited
4.11%
Invest with GXG

What is GXG?

The Global X MSCI Colombia ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI All Colombia Select 25/50 Index. The MSCI All Colombia Select 25/50 Index is designed to represent the performance of the Broad Colombian Equity Universe, while including constituents with minimum level of liquidity and applying the MSCI 25/50 Indexes methodology. The Broad Colombia Equity Universe includes securities that are classified in Colombia according to the MSCI Global Investable Market Index Methodology, together with companies that are headquartered or listed in Colombia and carry out the majority of their operations in Colombia. Further, the Index only includes new securities with a minimum liquidity threshold of 6-month Annualized Traded Value (ATV) greater than or equal to USD 25,000,000 and 6-month Frequency of Trading (FOT) greater than or equal to 95%.

ETFs related toGXG

ETFs correlated to GXG include GUNR, GNR, DFIV

GXG
Global X Funds - Global X MSCI Colombia ETF
GUNR
FlexShares Trust - FlexShares Global Upstream Natural Resources Index Fund
GNR
SSgA Active Trust - SPDR S&P Global Natural Resources ETF
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
RLY
SSgA Active Trust - SPDR SSgA Multi-Asset Real Return ETF
INFL
Listed Funds Trust - Horizon Kinetics Inflation Beneficiaries ETF
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield ETF
MOO
VanEck ETF Trust - VanEck Agribusiness 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 toGXG

#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 GXG using Composer

FAQ

GXG is a Global Ex. US Equities ETF. The Global X MSCI Colombia ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI All Colombia Select 25/50 Index. The MSCI All Colombia Select 25/50 Index is designed to represent the performance of the Broad Colombian Equity Universe, while including constituents with minimum level of liquidity and applying the MSCI 25/50 Indexes methodology. The Broad Colombia Equity Universe includes securities that are classified in Colombia according to the MSCI Global Investable Market Index Methodology, together with companies that are headquartered or listed in Colombia and carry out the majority of their operations in Colombia. Further, the Index only includes new securities with a minimum liquidity threshold of 6-month Annualized Traded Value (ATV) greater than or equal to USD 25,000,000 and 6-month Frequency of Trading (FOT) greater than or equal to 95%.

GXG tracks the MSCI All Colombia Select 25/50 Index.

No, GXG 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, GXG 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 GXG is 0.0299%. This is the percent change in the value of GXG over the most recent 1-month period. The 3-month return on GXG is 0.0042%. This is the percent change in the value of GXG over the most recent 3-month period.

The standard deviation of GXG for the past year is 0.2625%. 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 GXG include EWZ, EWW, and EWT.

ETFs correlated to GXG include GUNR, GNR, and DFIV.

ETFs that are inversely correlated to GXG include EFZ, EPV, and FAZ.

Disclaimers

*

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.