GXG


MSCI Colombia ETF

Reasons to Consider GXG

Long-Term Growth Potential

Modest GDP growth is expected in 2024, but growth could accelerate in 2025 if more progress is made bringing inflation under control.1

Targeted Exposure

The ETF targets exposure to a single country.

Efficient Access

GXG delivers efficient access to a broad basket of Colombian securities.

1BBVA Research, March 2024

Key Information As of 06/12/24

Inception Date 02/05/09
Total Expense Ratio 0.63%
Net Assets $44.61 million
NAV $25.35
Fact Sheet View the document

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 06/12/24

Ticker GXG
Bloomberg Index Ticker M1CXGXB
CUSIP 37954Y327
ISIN US37954Y3273
Primary Exchange NYSE Arca
Shares Outstanding 1,759,699
Number of Holdings 20
30-Day Median Bid-Ask Spread 0.49%

Distributions As of 06/12/24

30-Day SEC Yield 4.79%
Distribution Frequency Semi-Annually

ETF Prices As of 06/12/24

NAV $25.35 Daily Change -$0.50 -1.93%
Market Price $25.42 Daily Change -$0.29 -1.13%

Performance History

As of recent
(03/31/24)
As of recent
(03/31/24)
Fund NAV Market Price Index
1 Year 39.50% 40.21% 39.36%
3 Years 1.84% 2.14% 2.17%
5 Years -3.45% -3.08% -3.17%
10 Years -6.95% -6.84% -6.43%
Since Inception 2.07% 2.16% 2.77%
1 Year 49.52% 48.92% 50.85%
3 Years 5.98% 6.11% 6.66%
5 Years 0.12% 0.33% 0.51%
10 Years -6.64% -6.60% -6.03%
Since Inception 2.53% 2.51% 3.27%
Year-to-Date 9.15% 9.22% 8.52%
1 Month 7.09% 7.73% 6.51%
3 Months 9.15% 9.22% 8.52%
Since Inception 36.47% 38.18% 51.25%
Year-to-Date 17.30% 15.58% 17.43%
1 Month 5.23% 4.34% 5.26%
3 Months 15.08% 14.01% 15.25%
Since Inception 46.66% 46.24% 63.66%

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.

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). 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, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 06/12/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
14.76 PFBCOLO CB PFBCOLO BJ62LW1 8.33 791,102 6,586,105.34
13.89 ECOPETL CB ECOPETROL SA B2473N4 0.59 10,485,866 6,196,544.88
9.32 ISA CB ISA SA 2205706 4.46 931,700 4,155,329.94
7.19 BCOLO CB BANCOLOMBIA SA BJ62K57 8.69 368,925 3,206,672.32
4.59 GRUPOARG CB GRUPO ARGOS SA B8SGSP6 4.06 503,908 2,047,632.50
4.54 CEMARGOS CB CEMENTOS ARGOS SA B89Z692 2.01 1,007,843 2,025,212.74
4.53 GEB CB GRUPO ENERGIA BO B3V65K2 0.63 3,223,459 2,020,689.50
4.35 PFGRUPSU CB Grupo de Inversiones Sura B4ZRC96 6.14 315,868 1,940,949.45
4.12 TGLS TECNOGLASS INC BHCVTN5 46.52 39,488 1,836,981.76
3.97 PFDAVVND CB Banco Davivienda SA B4KC973 4.93 359,341 1,770,027.71
3.85 CELSIA CB CELSIA SA ESP BJ0K875 1.01 1,704,770 1,719,163.24
3.75 GPRK GEOPARK LTD B244PB7 10.43 160,478 1,673,785.54
3.54 PFAVAL CB PFAVAL B66Y3W0 0.11 14,488,102 1,579,505.29
3.33 TIGO SS MILLICOM INT-SDR B00L2M8 24.89 59,656 1,484,690.23
3.24 CORFICOL CB CORFICOLOMBIANA B000C92 3.62 399,307 1,444,497.16
2.48 COPEC CI EMPRESAS COPEC SA 2196026 7.95 138,977 1,104,544.35
2.45 BEPC CN BROOKFIELD-A BMXWR83 30.81 35,449 1,092,092.77
2.40 PXT CN PAREX RESOURCES INC B575D14 16.35 65,483 1,070,379.10
2.32 ENELAM CI ENEL AMERICAS SA 2299453 0.10 10,777,948 1,035,323.60
1.25 CNE CN CANACOL ENERGY LTD BL6BVJ9 3.13 177,493 556,144.30
0.15 OTHER PAYABLE & RECEIVABLES 1.00 65,259 65,258.62
0.00 COLOMBIAN PESO 0.00 4,570,515 1,132.46
0.00 CHILEAN PESO 0.00 -2 0.00
-0.01 CASH 1.00 -4,433 -4,432.53
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 05/31/24

Sector Weight (%)
Financials 37.3
Energy 23.1
Utilities 22.9
Materials 9.1
Industrials 4.4
Communication Services 3.2

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Regional Banks 27.8
Electric Utilities 17.6
Integrated Oil 14.4
Construction Materials 9.6
Building Products 4.7
Investment Managers 4.4
Financial Conglomerates 4.3
Major Banks 3.9
Oil & Gas Production 3.8
Investment Banks/Brokers 3.5
Wireless Telecommunications 3.4
Other 2.6

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 06/12/24

Return on Equity 10.70%
Weighted Avg. Market Cap 7,689 M
2023 2024
Price-to-earnings 6.93 6.52
Price-to-book value 0.72 0.68

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 05/31/24

Versus Beta
S&P 500 0.80
NASDAQ-100 0.53
MSCI EAFE 1.00
MSCI Emg. Mkts 1.07
Standard Deviation 27.10%

Source: new windowAltaVista Research, LLC

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.