Global X MSCI Colombia ETF (GXG)
Global X MSCI Colombia ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $29.41, down 0.54% on the session, giving a market capitalisation of $98.0M. Its beta of 0.97 implies it has historically moved less than the broad market.
The Global X MSCI Colombia ETF (GXG) fundamentally allocates a significant portion, specifically at least 80% of its total assets, to holdings that meet two key criteria: they consist of either securities from its benchmark index or American/Global Depositary Receipts (ADRs/GDRs) based on those index components, and they represent companies with strong economic ties to Colombia. This underlying benchmark index is structured to mirror the overall performance of the Colombian stock market. Furthermore, GXG is classified as a non-diversified fund, indicating it may concentrate its investments.
Global X MSCI Colombia ETF is most often compared with the following Financial Services names: