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NGE

NGE

Global X MSCI Nigeria ETF
F

89
  • Overview
  • Efficiency
  • Tradability
  • Fit

NGE Fund Description

The Global X MSCI Nigeria ETF tracks a cap-weighted index of about 20 companies that are headquartered or listed in Nigeria and carry out the majority of their operations in Nigeria.

NGE Factset Analytics Insight

NGE is the first and only ETF to target Africa's largest economy. The fund holds about 20 companies, including firms that aren't necessarily headquartered in Nigeria but are listed there and have the majority of operations there. Like many frontier economies, and in line with our benchmark, NGE is extremely concentrated and heavy in financials. Unlike most frontier markets, consumer non-cyclical companies also dominate the Nigerian market. These exposures reflect the fund's change to an MSCI index in August 2014. Returns prior to that date are from a different index. NGE isn’t cheap, nor should one expect it to be as an emerging market ETF. All-in costs are high due to poor tracking and weak liquidity, but that’s par for the course in the FM space. All told, NGE does its job about as well as can be expected.

NGE MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of October 22, 2017 the Global X MSCI Nigeria ETF MSCI ESG Fund Quality Score is 6.08 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. NGE ranks in the 98th percentile within its peer group and in the 73th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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NGE Top 10 Countries

NGE Top 10 Sectors

NGE Top 10 Holdings View All

NGE Summary Data

Global X
04/03/13
Open-Ended Fund
1.1%
$65.44M
$309.2K
0.76%

NGE Portfolio Data

$2.32B
9.9
1.24
0.48%
12/28/17
20

NGE Index Data

MSCI All Nigeria Select 25/50 Index
Market Cap
Market Cap
MSCI Nigeria IMI

Related ETFs to NGE

N/A
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

NGE Portfolio Management

1.1%
-1.86%
-1.14%
-23.27%

NGE Tax Exposures

20% / 39.6%
--
Ordinary income
No

NGE Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
15:59:5820.9512
15:30:0120.9150
15:30:0120.9150
15:30:0020.91100
11:15:3720.91100
11:15:3721.03300
11:12:0821.2040
11:04:3121.2213
10:59:3321.291
10:45:1721.30204
Bats BZX Real-time Quote - 17:29:50
Daily Spread
Premium/Discount
Volume

NGE Factset Analytics Block Liquidity

As of 10/23/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of NGE. NGE is rated a 0 out of 5.

NGE Tradability

14,665
$309.2K
11,022
$227.75K
0.76%
$0.16
1.48%
10.9% / -3.09%
Potential
0.00%
50,000
0.22
0.21%
43.1%
--
$21.61
0

NGE Sector/Industry BreakdownView All

NGESegment Benchmark
45.45% 50.96%
39.56% 38.22%
8.70% 7.65%
5.93% 3.17%

NGE Geographic Exposure

NGESegment Benchmark
100.00% 100.00%

NGESegment Benchmark
100.00% 100.00%
0.00% / 0.00% 0.00% / 0.00%

NGE Performance Statistics

0.98
1.04
1.07
1.04
0.18%
MSCI Nigeria IMI

NGE MSCI ESG Ratings

6.08 / 10
98.14
73.14
20.55%
0.02%
641.49

NGE BENCHMARK COMPARISON

    NGE
    20 Holdings
    Segment Benchmark
    32 Constituents
    Shared Holdings
    20 (Count)
     
    84.01% (Weight)
NGESegment Benchmark
0.00% 0.00%
40.43% 39.20%
43.37% 40.65%
16.20% 20.15%
3.84% 3.52%
-- High