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ARGT - ETF AI Analysis
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Global X MSCI Argentina ETF (ARGT)
Rating:60Neutral
Price Target:―
Positive Factors
Strong Performance from Top Holding
Mercadolibre, the ETF's largest holding, has delivered strong year-to-date gains, supporting overall returns.
Sector Diversification
The ETF invests across multiple sectors, including Consumer Cyclical, Energy, and Financials, reducing dependence on any single industry.
Moderate Expense Ratio
The fund's expense ratio is reasonable compared to many specialized ETFs, helping investors retain more of their returns.
Negative Factors
Underperforming Holdings
Several top holdings, including YPF and Grupo Financiero Galicia, have experienced weak year-to-date performance, dragging down the fund.
High Geographic Concentration
The ETF is heavily concentrated in U.S. and Canadian companies, limiting exposure to other global markets.
Declining Short-Term Performance
The fund has shown negative returns over the past month and three months, which may concern investors seeking momentum.
ARGT vs. SPDR S&P 500 ETF (SPY)
AUM762.77M
RegionLatin America
Expense Ratio0.59%
Beta0.67
IssuerGlobal X
Inception DateMar 02, 2011
Dividend Yield0.84%
Asset ClassEquity
Index TrackedMSCI All Argentina 25/50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume182,770
30 Day Avg. Volume302,669
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 Target
103.48Price Target Upside― Downside
Rating ConsensusModerate Buy
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 lets investors explore the growing economy of Argentina by investing in a variety of companies across different sectors. It follows the MSCI All Argentina 25/50 Index, which includes businesses in energy, financial services, and consumer goods. Some well-known companies in the ETF are Mercadolibre, a major e-commerce platform, and YPF Sociedad Anonima, an energy company. This ETF could be appealing for those looking to diversify their portfolio and tap into Argentina’s potential for growth. However, new investors should know that the fund’s performance is closely tied to Argentina’s economy, which can be volatile and impacted by political and economic 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
The Global X MSCI Argentina ETF (ARGT) is heavily influenced by Mercadolibre, which has shown mixed performance recently, with steady year-to-date gains but struggles over the past three months. Financial stocks like Grupo Financiero Galicia and Banco Macro are rising stars, benefiting from strong technical momentum despite economic volatility. Energy names such as Vista Oil & Gas and Pampa Energia are lagging, weighed down by cash flow challenges and high capital expenditures. With a clear focus on consumer cyclical, financial, and energy sectors, the fund offers concentrated exposure to Argentina’s dynamic but volatile market landscape.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Mercadolibre | 22.16% | $169.05M | $106.56B | 14.24% | 77 Outperform | |
| YPF Sociedad Anonima | 7.54% | $57.48M | $14.40B | -23.05% | 54 Neutral | |
| Grupo Financiero Galicia SA | 6.81% | $51.97M | $8.64B | -26.80% | 71 Outperform | |
| Vista Oil & Gas SAB de CV | 5.00% | $38.17M | $4.69B | -16.25% | 76 Outperform | |
| Banco Macro SA | 4.68% | $35.68M | $6.09B | -19.30% | 65 Neutral | |
| SSR Mining | 4.34% | $33.12M | C$6.72B | 210.40% | 69 Neutral | |
| Transportadora De Gas Sa Ord B | 4.18% | $31.87M | $4.65B | -1.55% | 77 Outperform | |
| Pampa Energia SA | 4.00% | $30.53M | $4.66B | -11.42% | 74 Outperform | |
| Central Puerto SA | 3.89% | $29.69M | $2.53B | 13.46% | 76 Outperform | |
| Banco BBVA Argentina | 3.48% | $26.53M | $3.83B | -23.72% | 69 Neutral |
ARGT Technical Analysis
Neutral
―
Price Trends
90.79
Positive
82.88
Positive
83.57
Positive
Market Momentum
0.92
Positive
49.58
Neutral
35.08
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 91.95, equal to the 50-day MA of 90.79, and equal to the 200-day MA of 83.57, indicating a neutral trend. The MACD of 0.92 indicates Positive momentum. The RSI at 49.58 is Neutral, neither overbought nor oversold. The STOCH value of 35.08 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
Performance Comparison
ARGT
Global X MSCI Argentina ETF
91.45
7.33
8.71%
APIE
ActivePassive International Equity ETF
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GSID
Goldman Sachs MarketBeta International Equity ETF
―
―
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DFSI
Dimensional International Sustainability Core 1 ETF
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―
―
PID
Invesco International Dividend Achievers ETF
―
―
―
SEIE
SEI Select 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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