ARGT - ETF AI Analysis

Top Page

Global X MSCI Argentina ETF (ARGT)

Rating:59Neutral

Price Target:―

ARGT’s rating suggests it is a decent but somewhat risky way to invest in Argentina, with its quality driven largely by strong, fast-growing companies like MercadoLibre and energy names such as Vista Oil & Gas and Pampa Energia that show solid performance and positive outlooks. However, weaker spots like YPF, with profitability and cash flow challenges, and banks facing economic volatility and cash flow issues, weigh on the overall assessment. The main risk is the fund’s heavy concentration in a single emerging market economy, where financial and political conditions can change quickly.

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)

AUM795.68M

RegionLatin America

Expense Ratio0.59%

Beta0.68

IssuerGlobal X

Inception DateMar 02, 2011

Dividend Yield0.83%

Asset ClassEquity

Index TrackedMSCI All Argentina 25/50

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume226,472

30 Day Avg. Volume223,157

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 ConsensusN/A

Number of Analyst Covering0

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
MELI	Mercadolibre	21.35%	$169.87M	$100.80B	-5.77%	77 Outperform
YPF	YPF Sociedad Anonima	8.21%	$65.33M	$15.37B	0.40%	54 Neutral
GGAL	Grupo Financiero Galicia SA	6.13%	$48.74M	$7.69B	-21.80%	71 Outperform
VIST	Vista Energy SAB de CV	5.55%	$44.14M	$5.10B	5.23%	76 Outperform
SSRM	SSR Mining	4.77%	$37.93M	C$7.78B	207.55%	69 Neutral
BMA	Banco Macro SA	4.50%	$35.80M	$5.78B	-6.05%	65 Neutral
TGS	Transportadora De Gas Sa Ord B	4.22%	$33.56M	$4.64B	7.92%	77 Outperform
PAM	Pampa Energia SA	4.10%	$32.64M	$4.72B	0.74%	74 Outperform
CEPU	Central Puerto SA	3.85%	$30.60M	$2.47B	16.83%	76 Outperform
BBAR	Banco BBVA Argentina	3.27%	$26.02M	$3.48B	-20.18%	69 Neutral

ARGT Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

93.30

Negative

100DMA

87.13

Positive

200DMA

85.11

Positive

Market Momentum

MACD

-0.03

Positive

RSI

44.46

Neutral

STOCH

22.71

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ARGT, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 96.04, equal to the 50-day MA of 93.30, and equal to the 200-day MA of 85.11, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 44.46 is Neutral, neither overbought nor oversold. The STOCH value of 22.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ARGT.

ARGT Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
ARGT	―	―	$795.68M	0.59%	―
WCMI	―	―	$985.27M	0.85%	―
FLGB	―	―	$977.19M	0.09%	―
IDVO	―	―	$970.64M	0.65%	―
SEIE	―	―	$965.76M	0.50%	―
GSID	―	―	$960.75M	0.20%	―

Performance Comparison

ARGT

Global X MSCI Argentina ETF

92.39

7.82

9.25%

WCMI

First Trust WCM International Equity ETF

―

FLGB

Franklin FTSE United Kingdom ETF

―

IDVO

Amplify International Enhanced Dividend Income ETF

―

SEIE

SEI Select International Equity ETF

―

GSID

Goldman Sachs MarketBeta International Equity ETF

―

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: ―

Table of Contents