Global X MSCI Argentina ETF (ARGT) Performance
ARGT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −4.4% since Dec 31, 2025
- 1 year
- +19.2% total return
- 5 years
- +22.8% a year
- 10 years
- +14.9% a year
- Since first price
- +8.2% a year since 2011
ARGT trailing returns vs SPY, QQQ, AGG
| Period | ARGT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.4% | −4.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −7.5% | −7.5% | +3.2% | +1.9% | −0.4% |
| 6 months | −4.5% | −4.8% | +7.8% | +8.4% | −1.5% |
| YTD | −4.4% | −4.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.2% | +17.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +132.4%+32.5%/yr | +123.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +179.2%+22.8%/yr | +157.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +302.3%+14.9%/yr | +258.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +379.3%+11.0%/yr | +302.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionMar 3, 2011 | +241.4%+8.2%/yr | +186.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ARGT vs SPY
From Mar 3, 2011: ARGT grew to $34,139, SPY to $75,012.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ARGT returns by calendar year
10 of 14 full years positive. Best 2024 (+63.5%), worst 2018 (−32.6%). 2026 is year to date.
ARGT annual returns table
| Year | ARGT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −4.4% | −17.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.5% | −28.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +63.5% | −15.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +53.6% | −19.5% | +26.2% | +54.9% | +5.7% |
| 2022 | +11.8% | −35.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +3.8% | −22.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +14.6% | −46.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +14.5% | −35.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −32.6% | −43.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +53.9% | −10.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +28.0% | −12.3% | +12.0% | +7.1% | +2.4% |
| 2015 | −2.8% | −31.1% | +1.2% | +9.4% | +0.5% |
| 2014 | −3.6% | −24.2% | +13.5% | +19.2% | +6.0% |
| 2013 | +15.0% | −52.3% | +32.3% | +36.6% | −2.0% |
| 2012 | −17.7% | −37.3% | +16.0% | +18.1% | +3.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ARGT largest drawdowns
Now 15.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 5, 2011 | −70.5% | May 16, 2013 | May 5, 2017 | 2.1 years | 6.1 years |
| Jan 26, 2018 | −61.7% | Mar 23, 2020 | Jan 9, 2023 | 2.2 years | 5.0 years |
| May 19, 2025 | −28.5% | Oct 1, 2025 | Nov 3, 2025 | 4 months | 6 months |
| Jan 7, 2025 | −21.3% | Apr 8, 2025 | May 9, 2025 | 3 months | 4 months |
| Sep 1, 2023 | −19.5% | Oct 31, 2023 | Nov 24, 2023 | 2 months | 3 months |
| Jan 27, 2026 | −17.8% | Oct 1, 2026 | not yet | 8 months | 9 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ARGT risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +29.4% | +22.9% | +15.0% | +8.2% |
| Volatility (annualized) | 34.8% | 33.2% | 33.4% | 31.4% |
| Sharpe ratio | 0.78 | 0.67 | 0.52 | 0.36 |
| Sortino ratio | 1.83 | 1.31 | 0.85 | 0.57 |
| Best month | +35.3% | +35.3% | +35.3% | +35.3% |
| Worst month | −13.0% | −18.4% | −30.7% | −30.7% |
| Best 12 months | +92.3% | +92.3% | +92.3% | +92.3% |
| Worst 12 months | +6.5% | −11.3% | −39.8% | −46.6% |
| Positive months | 56% | 57% | 59% | 56% |
| Beta vs S&P 500 | 0.72 | 0.94 | 1.13 | — |
| Correlation with S&P 500 | 0.26 | 0.44 | 0.52 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ARGT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 176 | −46.6% | +12.6% | +92.3% | 67% |
| 3-year (a year) | 152 | −15.7% | +11.3% | +52.9% | 80% |
| 5-year (a year) | 128 | −7.4% | +9.1% | +39.5% | 91% |
| 10-year (a year) | 68 | +0.5% | +11.3% | +20.4% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
ARGT performance overview
Global X MSCI Argentina ETF (ARGT) returned +19.2% over the past year and +14.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +8.2% a year, turning $10,000 into about $34,139. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −70.5%, from Apr 5, 2011 to May 16, 2013, and it took 4.0 years to get back to the old high. ARGT finished 10 of its 14 full calendar years with a gain; the best year was 2024 (+63.5%) and the worst 2018 (−32.6%). Volatility has been 31.4% a year.
Related: ARGT chart, ARGT holdings, ARGT dividends, ARGT valuation. See the ARGT overview for the latest quote and fund facts.
ARGT performance FAQ
What is the ARGT return over the past year?
ARGT returned +19.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.9%.
What is the average annual return of ARGT?
ARGT has returned +22.8% a year over 5 years, +14.9% a year over 10 years, +8.2% a year since March 3, 2011 (total return, distributions reinvested).
How much would $10,000 invested in ARGT be worth?
$10,000 invested in ARGT at its first recorded close on March 3, 2011 would be worth about $34,139 on October 23, 2026 with distributions reinvested.
What was the worst year for ARGT?
The worst calendar year was 2018, with a total return of −32.6%. The best was 2024 at +63.5%.
What is the biggest drawdown of ARGT?
The largest peak-to-trough decline was −70.5% between April 5, 2011 and May 16, 2013. It recovered to the old high on May 5, 2017, 4.0 years after the bottom.
How volatile is ARGT?
Over the past 3 years ARGT had an annualized volatility of 34.8% and a Sharpe ratio of 0.78 (excess return over 1–3 month T-bills per unit of risk).