Global X MSCI Colombia ETF (GXG)
| Assets | $98.69M |
| Expense Ratio | 0.63% |
| PE Ratio | 11.46 |
| Shares Out | 3.33M |
| Dividend (ttm) | $1.39 |
| Dividend Yield | 4.72% |
| Ex-Dividend Date | Dec 30, 2024 |
| Payout Ratio | 54.05% |
| 1-Year Return | +17.97% |
| Volume | 42,685 |
| Open | 29.55 |
| Previous Close | 29.57 |
| Day's Range | 29.15 - 29.73 |
| 52-Week Low | 22.30 |
| 52-Week High | 29.94 |
| Beta | 0.88 |
| Holdings | 27 |
| Inception Date | Feb 5, 2009 |
About GXG
Fund Home PageThe Global X MSCI Colombia ETF (GXG) is an exchange-traded fund that is based on the MSCI All Colombia Select 25/50 index. The fund tracks an index of large-, mid, and small-cap Colombian companies. GXG was launched on Feb 5, 2009 and is issued by Global X.
Top 10 Holdings
65.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Grupo Cibest SA 0% | PFCIBEST.BC | 14.43% |
| Ecopetrol SA | ECOPETROL.BC | 8.56% |
| BANCOLOMBIA SA | n/a | 7.95% |
| Interconexion Electrica SA ESP | ISA.BC | 7.53% |
| Tecnoglass Inc. | TGLS | 5.76% |
| Grupo Energia Bogota SA ESP | GEB.BC | 4.62% |
| Cementos Argos SA | CEMARGOS.BC | 4.59% |
| Grupo Aval Acciones y Valores SA Participating Preferred | PFAVAL.BC | 4.08% |
| Celsia SA Esp | CELSIA.BC | 3.98% |
| Grupo Argos SA | GRUPOARGOS.BC | 3.89% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.99799 | Jan 7, 2025 |
| Jun 27, 2024 | $0.38939 | Jul 5, 2024 |
| Dec 28, 2023 | $1.19368 | Jan 8, 2024 |
| Jun 29, 2023 | $0.42204 | Jul 10, 2023 |
| Dec 29, 2022 | $1.01039 | Jan 9, 2023 |
| Jun 29, 2022 | $1.47918 | Jul 8, 2022 |
News
GXG: Colombia Cruising Through Tariff Turbulence
GXG remains a Buy with a $33 target, as Colombia's BRI move is unlikely to cause lasting damage to US relations or ETF holdings. GXG's ~5% dividend yield and diversified exposure to Colombia's top ban...
Country ETFs Since Liberation Day And Pause Day
The S&P 500 (SPY) rallied 5.7% this week but remains down 5.4% since the close on "Liberation Day" on 4/2. The average country ETF is down 4% since 4/2, so SPY has underperformed that since Trump's Ro...
GXG: Improved Economic Outlook In 2025 Bodes Well For Colombian Equities
Colombian equities remain attractively priced within MSCI Emerging Markets, presenting a compelling investment opportunity. Inflation should continue to improve in 2025. The Central Bank has already c...
GXG: The Stars Are Finally Aligning For Colombia
After the steepest set of rate hikes in LatAm over the last two years, Colombia is finally poised for a rate cut cycle. Easing inflation and an improving fiscal position bode well for the Colombian co...
GXG: Heightened Reform Uncertainty Weighs On The Colombian Outlook
Colombian equities have taken a hit this year amid energy price declines. The political turbulence in recent weeks hasn't brightened Colombia's prospects either.
GXG: Beware The Risks
The MSCI Colombia ETF is a low-cost investment vehicle, allowing US investors exposure to Colombian equities. The outsized banking exposure should benefit from more monetary tightening, but the rest o...
GXG: Colombia Risks Reassessed
Since my August note, GXG has horribly underperformed the S&P 500. The article delves into the factors that contributed to GXG's decline, including political issues that dented the Colombian peso desp...
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 ...
GXG: Colombia ETF As Inflation Winner? Consider Downsides First
At first blush, GXG looks like an overlooked bet on global inflation. The Banco de la República has been decidedly hawkish, with a 150 bps rate increase delivered just recently. This is a boon for the...
GXG: Colombian Equities Index ETF, High-Risk High-Return Investment Opportunity
Colombian equities are trading at historically low prices and valuations. GXG is a simple Colombian equities index ETF, and could outperform as economic conditions improve, and valuations normalize.
GXG: Election Developments Will Take Precedence
GXG is the preferred option for those looking to play Colombian equities.
Emerging Risks In Latin America In 2022
Latin America will start 2022 in a very fragile position given the economic fallout from the Coronavirus disease 2019 (COVID-19) pandemic, a deteriorated fiscal position, weak FDI, and the erosion of ...
GXG: High-Risk, High-Reward Investment Opportunity
Colombian equities are trading at historically low prices and valuations. GXG invests in all relevant Colombian equities, and could outperform as valuations normalize.
International Report: Q4 2020
International equities had a strong performance in Q4. The Global X MSCI Colombia ETF was the best performing single-country ETF within the International Access family, returning 38.90% during the qua...
Colombia's Declining Oil Industry Could Trigger An Economic Crisis
Colombia's economic outlook is worsening as oil prices soften.
Commodities, Gold And Overlooked Emerging Markets
Commodities, Gold And Overlooked Emerging Markets
Don't Expect Central Bank Help For This Emerging Markets ETF
Developing economies, such as Brazil, India and Thailand, just to name a few, have recently joined developed market counterparts in lowering interest rates.
Latin America ETFs Bounce as Growth Slowdown Fears Ease
Discover what drove Latin American market higher Thursday. Gain exposure to the region trading these three ETFs.