GXGGlobal X MSCI Colombia ETF
GXG Fund Description
GXG tracks an index of large-, mid, and small-cap Colombian companies.
GXG Factset Analytics Insight
GXG provides solid exposure to Colombian equities. It invests at least 80% in securities of companies that are economically tied to Colombia. The broad Colombia equity universe includes firms incorporated, listed and conduct majority of operations in the country. To meet diversification requirements, the fund’s underlying index employs a capping methodology, such that no group entity exceeds 25% of index weight and the aggregate weight of issuers with over 5% weight in the index are capped at 50% weight of the portfolio. The index is rebalanced quarterly. Furthermore, GXG has tinkered with its underlying index over the years. Since September 1, 2016, GXG tracks the MSCI All Colombia Select 25/50 Index, which features different liquidity requirements relative to its preceding underlying index, the MSCI All Colombia Capped Index. Prior to July 15, 2014, GXG tracked a FTSE index as well.
GXG MSCI ESG Analytics Insight
Global X MSCI Colombia ETF has an MSCI ESG Fund Rating of AA based on a score of 7.67 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. Global X MSCI Colombia ETF ranks in the 90th percentile within its peer group and in the 100th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
GXG MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
GXG Portfolio Data
GXG Index Data
GXG Portfolio Management
GXG Tax Exposures
GXG Fund Structure
GXG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GXG. GXG is rated a 1 out of 5.
GXG Sector/Industry Breakdown
GXG Economic Development
GXG Performance Statistics
GXG MSCI ESG Ratings
GXG Benchmark Comparison Summary
GXG Benchmark Comparison Market Cap Size