ARGT - ETF AI Analysis
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Global X MSCI Argentina ETF (ARGT)
Rating:59Neutral
Price Target:―
Positive Factors
Healthy Asset Size
The fund manages a sizable pool of assets, which can support liquidity and trading efficiency for investors.
Strong Energy and Materials Exposure
Several energy and materials holdings, such as Vista Energy, SSR Mining, and Lithium Argentina, have shown strong recent performance, helping support the ETF’s returns.
Broad Sector Mix
Holdings spread across energy, financials, materials, utilities, and other sectors help reduce the impact of weakness in any single industry.
Negative Factors
High Concentration in Top Stock
MercadoLibre makes up a large share of the portfolio and has shown weak year-to-date performance, increasing the fund’s sensitivity to this single company.
Several Lagging Financial and Utility Names
Key financial and utility holdings like Grupo Financiero Galicia, Banco Macro, Pampa Energia, and Central Puerto have been weak recently, weighing on overall momentum.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the gross return is lost to fees each year.
ARGT vs. SPDR S&P 500 ETF (SPY)
AUM886.02M
RegionLatin America
Expense Ratio0.59%
Beta0.63
IssuerGlobal X
Inception DateMar 02, 2011
Dividend Yield0.79%
Asset ClassEquity
Index TrackedMSCI All Argentina 25/50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume188,342
30 Day Avg. Volume263,875
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
110.33Price 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 an exchange-traded fund that follows the MSCI All Argentina 25/50 Index, giving you broad exposure to companies tied to Argentina’s economy. It holds businesses across many sectors, including energy, banks, and materials. Well-known names in the fund include MercadoLibre and YPF. An investor might consider ARGT to seek growth and diversification by adding a developing Latin American market to their portfolio. However, this ETF is focused on one country, so its price can be very volatile and can go up or down sharply with Argentina’s economy and politics.
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 heavily tied to Argentina’s story, with a big tilt toward energy and consumer names and almost all exposure rooted in the local market. Vista Energy and YPF have been the fund’s workhorses lately, riding strong momentum in the country’s oil patch, while Lithium Argentina adds a spark from the battery metals theme. On the flip side, Mercadolibre has been losing steam, and financials like Grupo Financiero Galicia and Banco Macro have been lagging, acting as a brake on what is otherwise an energy-led rally.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Mercadolibre | 17.93% | $147.42M | $85.96B | -33.85% | 77 Outperform | |
| YPF Sociedad Anonima | 10.09% | $82.98M | $21.82B | 49.83% | 54 Neutral | |
| Vista Energy SAB de CV | 7.03% | $57.81M | $7.07B | 49.81% | 76 Outperform | |
| Grupo Financiero Galicia SA | 5.99% | $49.27M | $8.52B | -12.68% | 71 Outperform | |
| SSR Mining | 5.00% | $41.16M | C$8.94B | 163.90% | 69 Neutral | |
| Pampa Energia SA | 4.64% | $38.18M | $4.90B | 11.19% | 74 Outperform | |
| Lithium Argentina | 4.58% | $37.66M | C$2.35B | 501.16% | ― | |
| Transportadora De Gas Sa Ord B | 4.47% | $36.74M | $4.87B | 10.92% | 77 Outperform | |
| Banco Macro SA | 4.00% | $32.89M | $6.07B | 7.42% | 65 Neutral | |
| Central Puerto SA | 3.69% | $30.36M | $2.53B | 21.06% | 76 Outperform |
ARGT Technical Analysis
Positive
―
Price Trends
91.71
Positive
92.12
Positive
87.12
Positive
Market Momentum
1.39
Negative
66.40
Neutral
95.62
Negative
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 91.61, equal to the 50-day MA of 91.71, and equal to the 200-day MA of 87.12, indicating a bullish trend. The MACD of 1.39 indicates Negative momentum. The RSI at 66.40 is Neutral, neither overbought nor oversold. The STOCH value of 95.62 is Negative, 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
98.99
10.10
11.36%
JHMD
John Hancock Multifactor Developed International ETF
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PID
Invesco International Dividend Achievers ETF
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SYLD
Cambria Shareholder Yield ETF
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―
―
HLAL
Wahed FTSE USA Shariah ETF
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―
―
FDMO
Fidelity Momentum Factor 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.
DisclaimerThis 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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