Global X MSCI Argentina ETF (ARGT)
| Assets | $128.66M |
| Expense Ratio | 0.59% |
| PE Ratio | 14.11 |
| Shares Out | n/a |
| Dividend (ttm) | $0.82 |
| Dividend Yield | 1.59% |
| Ex-Dividend Date | Dec 28, 2023 |
| Payout Ratio | 22.49% |
| 1-Year Return | +51.13% |
| Volume | 85,885 |
| Open | 51.67 |
| Previous Close | 51.45 |
| Day's Range | 51.22 - 51.81 |
| 52-Week Low | 33.10 |
| 52-Week High | 54.10 |
| Beta | n/a |
| Holdings | 28 |
| Inception Date | Mar 2, 2011 |
About ARGT
Fund Home PageThe Global X MSCI Argentina ETF (ARGT) is an exchange-traded fund that is based on the MSCI All Argentina 25/50 index. The fund tracks a narrow index of companies with Argentine economic linkages that are selected and weighted by market cap. ARGT was launched on Mar 2, 2011 and is issued by Global X.
Top 10 Holdings
66.29% of assets| Name | Symbol | Weight |
|---|---|---|
| MercadoLibre, Inc. | MELI | 21.34% |
| YPF SA ADR | YPF.DE | 7.35% |
| Grupo Financiero Galicia S.A. | GGAL | 5.93% |
| Pampa Energía S.A. | PAM | 5.74% |
| Banco Macro S.A. | BMA | 4.91% |
| Filo Corp | FIL.TO | 4.61% |
| Arcos Dorados Holdings Inc. | ARCO | 4.48% |
| Transportadora de Gas del Sur S.A. | TGS | 4.26% |
| Adecoagro S.A. | AGRO | 3.91% |
| Embotelladora Andina SA Participating Preferred | ANDINA-B.SN | 3.75% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 28, 2023 | $0.52602 | Jan 8, 2024 |
| Jun 29, 2023 | $0.29235 | Jul 10, 2023 |
| Dec 29, 2022 | $0.44625 | Jan 9, 2023 |
| Jun 29, 2022 | $0.3855 | Jul 8, 2022 |
| Dec 30, 2021 | $0.26691 | Jan 7, 2022 |
| Jun 29, 2021 | $0.02504 | Jul 8, 2021 |
News
Argentina stocks and bonds surge after Milei's victory. Can the party continue?
Argentina stocks surged and bonds rallied following news that radical libertarian economist Javier Milei will become Argentina's next president after an unexpected electoral win.
Argentina ETF surges after Javier Milei's decisive victory
The Global X MSCI Argentina ETF ARGT soared 13% in early trade in New York, after Javier Milei scored a decisive victory in Argentina's presidential election. Milei has proposed dollarizing the econom...
Argentina Stocks Could See a Turnaround, but ETF Choices Are Limited
Argentina's official election isn't until October. However, Libertarian economist Javier Milei's big upset in the August primary suggests the South American country could soon have a new president.
Bull vs Bear: Up or Down for Latin American Equities
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to pla...
Despite Inflation Woes, This Argentina ETF Is Up 6% YTD
Higher inflation has been a global issue, but other countries don't have it as bad as Argentina. Still, the Global X MSCI Argentina ETF (ARGT) doesn't appear to be reeling from the effects, as the fun...
A Single-Country ETF to Play Argentina's Rebound
Single-country opportunities can give exchange-traded fund (ETF) investors necessary portfolio diversification with funds like the Global X MSCI Argentina ETF (ARGT). Argentina already experienced a p...
Two Country-Level ETFs to Consider after a Strong Q2
Single-country opportunities can inject a healthy dose of diversification into a portfolio. Two funds to consider in today's markets include the Global X FTSE Nordic Region ETF (GXF) and the Global X ...
Argentine Stocks Fall On MSCI Downgrade
Currency controls led to the index provider dropping the country from emerging market status.
Argentina Corporate Bonds Are Popular Despite Negative Yields
Negative yields in certain parts of the world aren’t doing fixed income investors any favors, particularly when they want international diversification. However, it’s not swaying certain investors awa...
3 ETFs With Q2 Gains Of At Least 30%
The S&P 500 is sitting on an impressive 16.36% gain with just one day left in the second quarter.
Emerging Markets Status in Jeopardy for Argentina and Turkey
Emerging markets were bound to feel the economic effects of the coronavirus pandemic and now benchmark index provider MSCI is warning specifically Argentina and Turkey that they could be removed from ...
Argentina ETFs on Watch as Country’s Debt May Need Restructuring
Argentina could be headed for a massive bond restructuring, which puts its single country-focused ETFs on watch.
What to Expect From the Argentina ETF This Year
Wracked by political volatility, Argentine stocks and the Global X MSCI Argentina ETF (NYSEArca: ARGT) tumbled last year. Stocks in South America’s second-largest economy rallied in the fourth quarter...
Politics Still Problematic For The Argentina ETF
It's a familiar refrain in politically volatile Argentina: politics and shoddy sovereign finances often impact financial markets in South America's second-largest economy and that has been the case ag...
Argentina ETF Could Find a Helping Hand from the IMF
Argentina ETFs have fallen on hard times, but the country may find a helping hand from the International Monetary Fund as the institution stated its intent to help the Latin emerging economy work thro...
Pummeled Argentina ETFs Ma Bargain Hunters
After experiencing a steep plunge, Argentina country-specific exchange traded funds could warrant another look, especially with Buenos Aires and the International Monetary Fund taking steps to stabili...
Argentina ETF’s Top Holding Can Weather Political Volatility
Down almost 32% over the past month, the once high-flying Global X MSCI Argentina ETF (NYSEArca: ARGT), the largest US-listed ETF dedicated to stocks in Latin America’s second-largest economy, is bese...
Argentina ETFs Maintain Momentum on New Capital Controls
Argentina country-specific ETFs continued to push higher Thursday for the second day as the government’s new capital controls help assuage market fears. On Thursday, the Global X MSCI Argentina ETF (N...
A Glimmer Of Hope During A Bad Month For The Argentina ETF
Life happens fast in financial markets and in the course of one trading day, a stock or exchange traded fund can go from hero to laggard.
These 5 Beaten Down ETFs May Be Oversold
Ned Davis Research sees a big gains for this group.