NGE

Global X MSCI Nigeria ETF
F

87
*Unless otherwise stated, data provided by FactSet.

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 June 20, 2018 the Global X MSCI Nigeria ETF MSCI ESG Fund Quality Score is 6.29 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 78th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

NGE CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NGE -6.44% -7.57% -1.57% 12.51% -15.46% -16.28% --
NGE (NAV) -5.41% -3.96% 2.70% 13.71% -14.42% -15.57% --
MSCI All Nigeria Select 25/50 Index -5.29% -3.73% 3.92% 0.69% -11.81% -13.60% --
MSCI Nigeria IMI -5.33% -4.02% 3.45% 2.27% -10.29% -11.85% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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
0.88%
$63.85M
$456.11K
0.96%

NGE Portfolio Data

$2.38B
8.63
1.29
1.89%
12/28/18
20

NGE Index Data

Market Cap
Market Cap
MSCI Nigeria IMI

NGE Portfolio Management

0.88%
-4.18%
23.44%
-23.27%

NGE Tax Exposures

20.00% / 39.60%
--
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
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

NGE Factset Analytics Block Liquidity

As of 06/21/18
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

20,306
$456.11K
17,659
$390.80K
0.96%
$0.22
-1.06%
3.59% / -4.68%
Potential
0.00%
50,000
0.35
0.21%
45.91%
--
$22.05
0

NGE Sector/Industry Breakdown


NGE
Segment Benchmark
53.79%
47.28%
35.73%
35.45%
7.74%
10.98%
2.73%
6.30%

NGE TOP 10 HOLDINGS[View All]

14.60%
10.18%
9.74%
9.57%
4.84%
4.76%
4.67%
4.63%
4.61%
4.61%
72.21%

NGE Countries


NGE
Segment Benchmark
100.00%
96.11%
--
3.89%

NGE Regions


NGE
Segment Benchmark
100.00%
96.11%
--
3.89%

NGE Economic Development


NGE
Segment Benchmark
100.00%
96.11%
--
3.89%

NGE Performance Statistics

0.97
1.05
1.06
1.04
0.23%
MSCI Nigeria IMI

NGE MSCI ESG Ratings

6.29 / 10
97.95
78.11
15.06%
--
784.18

NGE BENCHMARK COMPARISON HOLDINGS

20
24
18
84.18%

NGE BENCHMARK COMPARISON SUMMARY


NGE
Segment Benchmark
20
24
$2.38B
$2.93B
8.63
9.06
1.29
1.61
3.01%
3.40%
High
--

NGE BENCHMARK COMPARISON MARKET CAP SIZE


NGE
Segment Benchmark
0.00%
0.00%
40.58%
46.52%
46.02%
46.07%
13.40%
7.42%