Global X MSCI Argentina ETF (ARGT)

NYSEARCA: ARGT · Real-Time Price · USD
82.67
-1.25 (-1.49%)
Dec 4, 2024, 4:00 PM EST - Market closed
-1.49%
Assets $713.25M
Expense Ratio 0.59%
PE Ratio 22.65
Shares Out 8.69M
Dividend (ttm) $0.74
Dividend Yield 0.89%
Ex-Dividend Date Jun 27, 2024
Payout Ratio 20.31%
1-Year Return +63.41%
Volume 431,946
Open 84.33
Previous Close 83.92
Day's Range 82.02 - 84.33
52-Week Low 48.47
52-Week High 85.05
Beta 1.33
Holdings 28
Inception Date Mar 2, 2011

About ARGT

Fund Home Page

The 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.

Asset Class Equity
Category Miscellaneous Region
Region Latin America
Stock Exchange NYSEARCA
Ticker Symbol ARGT
ETF Provider Global X
Index Tracked MSCI All Argentina 25/50

Top 10 Holdings

67.73% of assets
Name Symbol Weight
MercadoLibre, Inc. MELI 20.79%
YPF SA ADR YPF.DE 9.42%
Grupo Financiero Galicia S.A. GGAL 7.91%
Banco Macro S.A. BMA 5.16%
Pampa Energía S.A. PAM 4.83%
Transportadora de Gas del Sur S.A. TGS 4.67%
Vista Energy, S.A.B. de C.V. VIST 4.58%
Central Puerto S.A. CEPU 3.49%
Telecom Argentina S.A. TEO 3.48%
Despegar.com, Corp. DESP 3.41%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jun 27, 2024 $0.213 Jul 5, 2024
Dec 28, 2023 $0.526 Jan 8, 2024
Jun 29, 2023 $0.292 Jul 10, 2023
Dec 29, 2022 $0.446 Jan 9, 2023
Jun 29, 2022 $0.386 Jul 8, 2022
Dec 30, 2021 $0.267 Jan 7, 2022
Full Dividend History

News

ARGT: It's Just The Beginning Of Improvement

I recommend buying the Global X MSCI Argentina ETF (NYSEARCA: ARGT) due to Argentina's strong economic reforms and projected GDP growth of 8.5% in 3Q24. Despite a 60% price increase this year, ARGT's ...

5 days ago - Seeking Alpha

ARGT: Strong Country ETF YTD Sees Record Inflows

Argentina equities' strength, driven by a pro-capitalist government, have made ARGT the best-performing country ETF in 2024, attracting record inflows. ARGT's growth story is compelling despite its 0....

8 days ago - Seeking Alpha

Global ETFs slide as investors see Trump tariff policies hurting trade

Funds tracking international equities largely pulled back as investors reacted to Donald Trump's win. It marks a stark contrast to rallying U.S. equities.

Other symbols: EEMIEURMCHI
4 weeks ago - CNBC

ARGT: A Top Performing Global Fund On Track For Sustained Strong Returns

The Global X MSCI Argentina ETF has surged nearly 35% in 2024, driven by President Milei's austerity measures and economic reforms. Key holdings like MercadoLibre, YPF Sociedad Anónima, and Argentine ...

2 months ago - Seeking Alpha

Highest And Lowest Country ETF Dividend Yields

US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage poin...

2 months ago - Seeking Alpha

Key Considerations For Those Contemplating A Position In ARGT ETF

Over the last couple of years, ARGT has delivered outstanding alpha of 3.5x relative to global markets. Argentina's growth prospects have taken another hit. ARGT's top holding is more exposed to the B...

4 months ago - Seeking Alpha

ARGT: A Call Option On Argentina's Reform Story

Argentine equities have rallied post-election. But valuations remain quite reasonable relative to the improving fundamentals. Low-cost ARGT remains a great play on the structural reform story.

4 months ago - Seeking Alpha

ARGT: Pro-Capitalist Reforms Spark A Major Rally In Argentina Equities

Argentina's wave of capitalism appears to be attracting investors, with the Global X MSCI Argentina ETF up 58% in the past 12 months. ARGT is the top country ETF year over year, with assets under mana...

7 months ago - Seeking Alpha

Invest in Argentina, Musk says in post alongside Milei

Tesla CEO Elon Musk called on investors to back Argentina in a social-media post with the country's new leader, Javier Milei.

7 months ago - Market Watch

Jared Dillian On Market Sentiment And Private Equity's Big Bubble

The Fed wants to cut interest rates and add liquidity before the US election, but the market is not cooperating.

Other symbols: BXDIAMELINVDAQQQSPYXLB
9 months ago - Seeking Alpha

ARGT: Tidying Up The Argentine Economy - A Slow But Steady Sweep

ARGT offers access to the Argentine economy through the MSCI All Argentina 25/50 Index. Despite economic challenges, Argentina's government has implemented measures to combat hyperinflation, which cou...

9 months ago - Seeking Alpha

ARGT: Not So Argentinian, Expect A Drop In Valuation

The Global X MSCI Argentina ETF may not be the best option for investors looking for Argentina risk, given that 50% of the AUM is not in Argentinean operations. Massive devaluation of the Argentine pe...

11 months ago - Seeking Alpha

Argentina's Investment Potential: 2 Key Factors To Consider

Argentina's monetary problems, including high inflation and a weakening peso, pose significant risks for investors. The country's credit risk is also a concern, with ratings agencies predicting a pote...

1 year ago - Seeking Alpha

Smart Picks For Tax Loss Harvesting: Top 4 ETFs

Tax loss harvesting is a strategy where investors offset capital gains with securities they sell at a loss to reduce their overall tax liability. Markets rallied to kick off 2023, but major indexes de...

Other symbols: MGKQQQURNM
1 year ago - Seeking Alpha

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.

1 year ago - Market Watch

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...

1 year ago - Market Watch

ARGT: Argentina Shows Meaningful Potential

Argentina, a South American economic powerhouse, stands tall as one of the G-20 economies. Since its inception in 2011, the Global X MSCI Argentina ETF has appreciated by 22.6% on a YTD basis and has ...

1 year ago - Seeking Alpha

Under The Radar Strength In Commodity And Emerging Market Stocks (Technical Analysis)

Emerging markets and commodities are showing strength amid a weak USD, which has a historical negative correlation with these sectors. Risk-on currencies like the Australian Dollar and Canadian Dollar...

1 year ago - Seeking Alpha

ARGT: Positive Change Is Afoot For Argentina

Despite Argentina's macro troubles, its equities have outperformed this year. And with market-friendly platforms gaining traction ahead of this year's election, the YTD rally likely has legs.

1 year ago - Seeking Alpha

ARGT: Impressive Relative Strength Near All-Time Highs, Attractive Valuation

Foreign markets have seen a revival as the mega-cap U.S. growth trade wavers in the last year. While Europe and Asia catch the fanfare, one South American niche sports some of the best price action yo...

1 year ago - Seeking Alpha

Investment Opportunities In Latin America

The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource compa...

1 year ago - Seeking Alpha

Global X MSCI Argentina ETF: Momentum Beyond The Economic Headlines

ARGT has outperformed in 2022. The economic outlook for the country is weak into 2023, although ARGT's direct exposure to local conditions and FX risks is limited.

2 years ago - Seeking Alpha

Shifting Global Winds Pose Challenges To Latin America

Economies of Latin America and Caribbean have continued their strong post-pandemic rebound, but the winds are shifting as global financial conditions are tightening and commodity prices are reversing ...

2 years ago - Seeking Alpha

Global X MSCI Argentina ETF - Fraught With Risks

Inflation expectations for the year will likely be well over the 38-48% range mooted as part of the IMF deal. There are factions within the ruling coalition that could make it hard for the government ...

2 years ago - Seeking Alpha

Supply Chains Disruptions In Latin America

The main disruption for Latin American traders comes from increased shipping costs and long delays to products arriving at their destinations. Latin American exporters of fruit, meat, and other perish...

Other symbols: BRFBRZUBZQECHEPUEWWEWZ
3 years ago - Seeking Alpha