NGE

Global X MSCI Nigeria ETF
F

79
*Unless otherwise stated, data provided by FactSet.

NGE Fund Description

NGE 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

Global X MSCI Nigeria ETF has an MSCI ESG Fund Rating of A based on a score of 5.75 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 Nigeria ETF ranks in the 60th percentile within its peer group and in the 94th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

NGE CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NGE -7.11% -15.61% -13.19% -27.02% -8.68% -23.48% --
NGE (NAV) -6.59% -15.62% -17.41% -28.44% -7.38% -23.65% --
MSCI All Nigeria Select 25/50 Index -6.55% -15.14% -16.26% -26.97% -5.07% -21.65% --
MSCI Nigeria IMI -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NGE Summary Data

Global X
04/03/13
Open-Ended Fund
0.88%
$32.99M
$193.49K
1.15%

NGE Portfolio Data

$2.85B
5.52
0.89
12.38%
12/30/19
21

NGE Index Data

Market Cap
Market Cap
MSCI Nigeria IMI

NGE Top 10 Countries

NGE Top 10 Sectors

NGE Top 10 Holdings [View All]

NGE Portfolio Management

0.88%
-1.45%
13.04%
-3.79%

NGE Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

NGE Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
High
Daily
Cboe 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 07/19/19
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 1 out of 5.

NGE Tradability

12,690
$193.49K
11,853
$188.77K
1.15%
$0.18
0.70%
5.07% / -5.86%
Potential
0.00%
50,000
0.24
0.34%
57.62%
--
$13.34
1

NGE Sector/Industry Breakdown


NGE
Segment Benchmark
49.87%
46.43%
29.03%
28.93%
19.22%
18.05%
1.89%
6.60%

NGE TOP 10 HOLDINGS[View All]

16.19%
16.02%
12.88%
4.58%
4.50%
4.47%
4.23%
4.15%
3.91%
3.75%
74.68%

NGE Countries


NGE
Segment Benchmark
100.00%
95.51%
--
4.49%

NGE Regions


NGE
Segment Benchmark
100.00%
95.51%
--
4.49%

NGE Economic Development


NGE
Segment Benchmark
100.00%
95.51%
--
4.49%

NGE Performance Statistics

0.93
1.06
1.07
1.09
0.37%
MSCI Nigeria IMI

NGE MSCI ESG Ratings

A
5.75 / 10
94.09
59.79
9.77%
1.94%
545.18

NGE BENCHMARK COMPARISON HOLDINGS

21
20
16
81.44%

NGE BENCHMARK COMPARISON SUMMARY


NGE
Segment Benchmark
21
20
$2.85B
$3.01B
5.52
5.85
0.89
1.13
4.96%
6.70%
High
High

NGE BENCHMARK COMPARISON MARKET CAP SIZE


NGE
Segment Benchmark
0.00%
0.00%
31.23%
31.04%
45.56%
58.78%
23.22%
10.18%