GXG


MSCI Colombia ETF

Reasons to Consider GXG

Long-Term Growth Potential

Rebounding from the pandemic, Colombia’s GDP is forecasted to grow at rates exceeding 3% in 2022-2026.1

Targeted Exposure

The Fund targets exposure to a single country.

Efficient Access

Efficient access to a broad basket of Colombian securities.

1Statista, Oct 2021

Key Information As of 05/26/22

Inception Date 02/05/09
Total Expense Ratio 0.61%
Net Assets $33.29 million
NAV $31.41
Fact Sheet

ETF Summary

The Global X MSCI Colombia ETF (GXG) invests in among the largest and most liquid Colombian securities.

ETF Objective

The Global X MSCI Colombia ETF (GXG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Colombia Select 25/50 Index.

Trading Details As of 05/26/22

Ticker GXG
Bloomberg Index Ticker M1CXGXB
CUSIP 37954Y327
ISIN US37954Y3273
Primary Exchange NYSE Arca
Shares Outstanding 1,059,699
Number of Holdings 28
30-Day Median Bid-Ask Spread 0.46%

Distributions As of 05/26/22

30-Day SEC Yield 4.05%
Distribution Frequency Semi-Annually

ETF Prices As of 05/26/22

NAV $31.41 Daily Change $0.43 1.39%
Market Price $31.41 Daily Change $0.65 2.11%

Performance History

As of recent
(03/31/22)
As of recent
(03/31/22)
Fund NAV Market Price Index
1 Year 22.11% 21.35% 24.37%
3 Years -1.02% -0.89% -0.25%
5 Years 0.74% 0.76% 1.44%
10 Years -6.22% -6.24% -5.48%
Since Inception 3.53% 3.51% 4.41%
1 Year 20.39% 21.52% 20.81%
3 Years -2.94% -2.37% -2.62%
5 Years -0.52% -0.21% -0.12%
10 Years -7.40% -7.37% -6.82%
Since Inception 2.94% 3.02% 3.69%
Year-to-Date 21.66% 22.27% 22.85%
1 Month 9.28% 8.76% 10.05%
3 Months 21.66% 22.27% 22.85%
Since Inception 57.77% 57.35% 76.39%
Year-to-Date 13.16% 15.27% 12.56%
1 Month -6.98% -5.72% -8.38%
3 Months 2.17% 3.66% 1.81%
Since Inception 46.76% 48.34% 61.62%

The Fund's name, investment objective and investment strategies changed effective July 15, 2014 and again on August 31, 2016. The Hybrid Colombia Index (noted as "Index" above in the chart) reflects performance of the FTSE Colombia 20 Index through July 14, 2014, the MSCI All Colombia Capped Index through August 30, 2016 and the MSCI All Colombia Select 25/50 Index, thereafter.

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 05/26/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.22 BCOLO CB BANCOLOMBIA SA BJ62K57 10.69 287,048 3,068,519.74
9.17 PFBCOLO CB PFBCOLO BJ62LW1 9.76 312,648 3,051,660.98
8.89 ISA CB ISA SA 2205706 5.82 508,264 2,960,560.16
7.69 ECOPETL CB ECOPETROL SA B2473N4 0.75 3,409,500 2,560,597.00
7.03 CIB BANCOLOMBIA-ADR 2082567 39.05 59,920 2,339,876.00
5.93 EC ECOPETROL-SP ADR B3D6J19 15.09 130,701 1,972,278.09
4.37 PFDAVVND CB Banco Davivienda SA B4KC973 8.50 170,860 1,452,831.98
4.30 GEB CB GRUPO ENERGIA BO B3V65K2 0.60 2,391,704 1,430,881.98
4.22 NUTRESA CB GRUPO NUTRESA SA B00P907 9.59 146,331 1,402,959.64
3.66 GRUPOARG CB GRUPO ARGOS SA B8SGSP6 3.45 353,469 1,218,424.20
3.26 PFGRUPSU CB Grupo de Inversiones Sura B4ZRC96 5.51 196,805 1,084,732.24
3.03 CEMARGOS CB CEMENTOS ARGOS SA B89Z692 1.27 794,196 1,006,898.19
3.02 CORFICOL CB CORFICOLOMBIANA B000C92 6.02 166,806 1,004,742.86
2.82 CELSIA CB CELSIA SA ESP BJ0K875 1.06 885,378 939,925.22
2.49 TGLS TECNOGLASS INC BHCVTN5 20.63 40,155 828,397.65
2.34 PFAVAL CB PFAVAL B66Y3W0 0.20 3,794,721 777,685.95
2.05 PXT CN PAREX RESOURCES INC B575D14 21.18 32,260 683,191.50
1.95 BEPC CN BROOKFIELD-A BMXWR83 37.57 17,271 648,919.38
1.89 CNE CN CANACOL ENERGY LTD B97DSV1 2.15 292,680 628,976.67
1.84 PCAR3 BZ PAO ACUCAR 2667793 4.31 142,205 613,003.89
1.79 COPEC CI EMPRESAS COPEC SA 2196026 7.81 76,015 594,024.38
1.77 ENELAM CI ENEL AMERICAS SA 2299453 0.11 5,166,937 589,341.90
1.61 BOGOTA CB BANCO DE BOGOTA 2075039 13.59 39,498 536,863.09
1.58 CASH 0.00 350,911,061 524,474.66
1.13 TIGO SS MILLICOM INT-SDR B00L2M8 17.05 22,057 376,070.62
1.00 AVAL GRUPO AVAL ACCIO BQRX1Y4 4.06 82,033 333,053.98
0.85 MINEROS CB MINEROS SA 2593490 0.69 410,134 282,959.05
0.83 PFGRUPOA CB Grupo Argos SA/Colombia B8JBYR4 2.14 128,959 276,434.52
0.29 MILLICOM INT-RTS 4.42 22,057 97,447.65
Holdings are subject to change.

Sector Breakdown As of 04/30/22

Sector Weight (%)
Financials 40.8
Energy 19.9
Utilities 18.9
Materials 9.2
Consumer Staples 7.0
Industrials 2.7
Communication Services 1.5

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/22

Return on Equity 11.20%
Weighted Avg. Market Cap 8,389 M
2021 2022
Price-to-earnings 9.87 8.41
Price-to-book value 0.97 0.91

Source: AltaVista Research, LLC

ETF Risk Stats As of 05/26/22

Versus Beta
S&P 500 1.19
MSCI EAFE 1.40
MSCI Emg. Mkts 1.33
Standard Deviation 34.20%

Source: AltaVista Research, LLC

ETF Research

View More Related Research

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Securities focusing on a single country maybe subject to higher volatility. GXG is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.

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