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ARGT - ETF AI Analysis
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Global X MSCI Argentina ETF (ARGT)
Rating:59Neutral
Price Target:―
Positive Factors
Strong Recent Three-Month Performance
The ETF has shown strong gains over the last three months, indicating positive short-term momentum despite a slightly negative year-to-date result.
Leading Holding with Solid Performance
The largest position, Mercadolibre, has delivered steady gains, which supports the fund’s overall performance.
Meaningful Size
With several hundred million dollars in assets, the fund is large enough to suggest ongoing investor interest and tradability.
Negative Factors
High Concentration in Top Holding
Mercadolibre makes up a large share of the portfolio, so the fund’s returns are heavily influenced by the performance of this single stock.
Multiple Weak Top Holdings
Several of the larger positions, including major banks and utilities, have shown weak or negative performance, which can drag on the ETF’s results.
High Expense Ratio
The fund charges a relatively high fee compared with many broad-market ETFs, which can reduce net returns over time.
ARGT vs. SPDR S&P 500 ETF (SPY)
AUM856.78M
RegionLatin America
Expense Ratio0.59%
Beta0.65
IssuerGlobal X
Inception DateMar 02, 2011
Dividend Yield0.81%
Asset ClassEquity
Index TrackedMSCI All Argentina 25/50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume379,348
30 Day Avg. Volume227,160
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering21
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ARGT Summary
The Global X MSCI Argentina ETF (ARGT) is a fund that tracks the MSCI All Argentina 25/50 Index, giving you broad exposure to Argentine companies across many sectors, including consumer, energy, and financials. It holds well-known names like MercadoLibre and YPF, along with banks and utility companies that reflect Argentina’s overall economy. Someone might invest in ARGT to seek long-term growth and diversification by adding a developing Latin American market to their portfolio. A key risk is that Argentina’s stock market can be very volatile, so the ETF’s price can rise and fall sharply with local economic and political changes.
How much will it cost me?The Global X MSCI Argentina ETF (ARGT) has an expense ratio of 0.59%, meaning you’ll pay $5.90 per year for every $1,000 invested. This is higher than average for ETFs because it is focused on a specific market (Argentina) and requires more active management to maintain its targeted exposure.
What would affect this ETF?The Global X MSCI Argentina ETF (ARGT) could benefit from Argentina's ongoing economic reforms and market liberalization, which may drive growth in key sectors like energy, agriculture, and financial services. However, challenges such as political instability, currency fluctuations, and global economic uncertainty could negatively impact the ETF's performance, especially given its concentrated exposure to Argentina's economy. Investors should also monitor sector-specific trends, as the ETF's top holdings in companies like Mercadolibre and YPF are sensitive to changes in consumer demand and energy prices.
ARGT Top 10 Holdings
ARGT is riding on the shoulders of a few big names, with MercadoLibre acting as the fund’s main engine, though its recent gains have been more steady than spectacular. Energy names like Vista Oil & Gas are clearly rising and helping to power returns, while YPF looks more mixed, with operational progress but a choppier stock path. The fund also leans heavily on Argentine banks such as Banco Macro and BBVA Argentina, which have been rebounding but remain volatile. Overall, this is a concentrated Argentina story, both sector-wise in energy and financials and geographically in a single, high-risk market.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Mercadolibre | 21.08% | $182.67M | $104.07B | 3.93% | 77 Outperform | |
| YPF Sociedad Anonima | 8.09% | $70.11M | $15.87B | 2.41% | 54 Neutral | |
| Grupo Financiero Galicia SA | 6.79% | $58.86M | $8.64B | -17.61% | 71 Outperform | |
| Vista Energy SAB de CV | 5.45% | $47.19M | $5.41B | 8.51% | 76 Outperform | |
| Banco Macro SA | 4.83% | $41.89M | $6.15B | 3.00% | 65 Neutral | |
| SSR Mining | 4.22% | $36.60M | C$6.69B | 164.76% | 69 Neutral | |
| Transportadora De Gas Sa Ord B | 4.19% | $36.27M | $4.64B | 9.27% | 77 Outperform | |
| Pampa Energia SA | 3.98% | $34.50M | $4.68B | 0.63% | 74 Outperform | |
| Central Puerto SA | 3.92% | $34.01M | $2.49B | 12.03% | 76 Outperform | |
| Banco BBVA Argentina | 3.76% | $32.57M | $3.94B | -10.70% | 69 Neutral |
ARGT Technical Analysis
Positive
―
Price Trends
92.68
Positive
85.55
Positive
84.82
Positive
Market Momentum
1.74
Positive
49.99
Neutral
30.27
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ARGT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 95.87, equal to the 50-day MA of 92.68, and equal to the 200-day MA of 84.82, indicating a neutral trend. The MACD of 1.74 indicates Positive momentum. The RSI at 49.99 is Neutral, neither overbought nor oversold. The STOCH value of 30.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ARGT.
ARGT Peer Comparison
Comparison Results
Performance Comparison
ARGT
Global X MSCI Argentina ETF
95.35
8.11
9.30%
DFSI
Dimensional International Sustainability Core 1 ETF
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FLGB
Franklin FTSE United Kingdom ETF
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WCMI
First Trust WCM International Equity ETF
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SEIE
SEI Select International Equity ETF
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GSID
Goldman Sachs MarketBeta International Equity ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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