Global X MSCI Portugal ETF (PGAL)
Global X MSCI Portugal ETF operates in the Financial - Diversified industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $10.31, up 0.00% on the session, giving a market capitalisation of $5.4M. Its beta of 0.91 implies it has historically moved less than the broad market.
This fund commits a substantial portion, at least 80% of its total assets, to investments in the underlying benchmark index's securities. This allocation also extends to American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that represent those same index components. The reference index itself is designed to reflect the overall performance of the broad Portuguese stock market, while still maintaining a minimum number of constituent companies. This investment vehicle is considered non-diversified.
Global X MSCI Portugal ETF is most often compared with the following Financial Services names: