ARGT - ETF AI Analysis
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Global X MSCI Argentina ETF (ARGT)
Rating:58Neutral
Price Target:―
Positive Factors
Recent Positive Performance
The ETF has shown steady gains over the past month and year-to-date, indicating improving momentum.
Sector Diversification Within Argentina
Holdings spread across consumer, energy, financials, and several other sectors help reduce the impact of weakness in any single industry.
Strong Energy and Financial Names
Several major energy and bank holdings have delivered strong recent performance, providing important support to the fund.
Negative Factors
High Concentration in One Stock
The largest holding makes up a very large share of the portfolio and has recently been weak, increasing the risk that one company can heavily sway returns.
Mixed Performance Among Top Holdings
Some of the other major positions have shown lagging or slightly negative results, which can drag on overall fund performance.
Single-Country and Regional Risk
The ETF is focused on Argentina with most exposure tied to companies listed in North America, so investors face concentrated economic and political risk rather than broad global diversification.
ARGT vs. SPDR S&P 500 ETF (SPY)
AUM830.71M
RegionLatin America
Expense Ratio0.59%
Beta0.66
IssuerGlobal X
Inception DateMar 02, 2011
Dividend Yield1.06%
Asset ClassEquity
Index TrackedMSCI All Argentina 25/50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume122,896
30 Day Avg. Volume166,267
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
117.15Price 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 follows the MSCI All Argentina 25/50 Index, giving investors broad exposure to companies linked to Argentina’s economy. It holds businesses across many sectors, including consumer, energy, and financial firms. Well-known holdings include MercadoLibre and YPF. Someone might invest in ARGT to seek growth and diversification by adding a developing Latin American market to their portfolio. However, this ETF can be quite volatile and is heavily influenced by Argentina’s economic and political ups and downs, so its price can move sharply.
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 largely riding on the shoulders of Mercadolibre, the dominant e-commerce and fintech name in the fund, which has been rising lately and helping offset some of Argentina’s broader market bumps. Energy is the other big storyline: YPF and Vista Energy have been steady-to-rising over the year, giving the ETF a strong oil and gas flavor, even as names like Pampa Energia and Central Puerto have been lagging and losing steam. Financials such as Grupo Financiero Galicia and Banco Macro are dragging performance, underscoring the fund’s concentrated, Argentina-only bet on a volatile but opportunity-rich market.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Mercadolibre | 25.37% | $208.69M | $99.68B | -20.49% | 77 Outperform | |
| YPF Sociedad Anonima | 9.33% | $76.78M | $21.17B | 64.75% | 54 Neutral | |
| Vista Energy SAB de CV | 6.19% | $50.91M | $7.83B | 79.94% | 76 Outperform | |
| Grupo Financiero Galicia SA | 5.52% | $45.42M | $7.30B | 7.54% | 71 Outperform | |
| Banco Macro SA | 4.23% | $34.79M | $5.20B | 31.28% | 65 Neutral | |
| Pampa Energia SA | 4.12% | $33.89M | $4.63B | 19.13% | 74 Outperform | |
| SSR Mining | 4.08% | $33.57M | $7.60B | 93.11% | ― | |
| Transportadora De Gas Sa Ord B | 3.63% | $29.83M | $4.52B | 3.64% | 77 Outperform | |
| Central Puerto SA | 3.17% | $26.09M | $2.16B | 25.28% | 76 Outperform | |
| Telecom Argentina | 3.06% | $25.15M | $6.03B | 45.11% | 61 Neutral |
ARGT Technical Analysis
Positive
―
Price Trends
93.33
Positive
92.98
Positive
92.10
Positive
Market Momentum
0.83
Negative
60.35
Neutral
78.63
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 93.33, equal to the 50-day MA of 93.33, and equal to the 200-day MA of 92.10, indicating a bullish trend. The MACD of 0.83 indicates Negative momentum. The RSI at 60.35 is Neutral, neither overbought nor oversold. The STOCH value of 78.63 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
96.41
17.49
22.16%
VFMF
Vanguard U.S. Multifactor ETF
―
―
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JHMD
John Hancock Multifactor Developed International ETF
―
―
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DMXF
iShares ESG Advanced MSCI EAFE ETF
―
―
―
HLAL
Wahed FTSE USA Shariah ETF
―
―
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AUSF
Global X Adaptive U.S. Factor ETF
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―
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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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