NGE

Global X MSCI Nigeria ETF
*Unless otherwise stated, data provided by FactSet.

NGE Fund Description

NGE tracks a market-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 ETF to target Africa’s largest economy. Eligible companies include those that are classified in Nigeria in accordance to MSCI Global Investable Market Index Methodology. In addition, companies that are listed, headquartered, and carry out most of their operations in Nigeria are also eligible for index inclusion. The fund is a concentrated portfolio that intends to hold at least 20 constituents which are market-cap-weighted. To meet diversification requirements, holdings are capped at 25% weight and the aggregate weight of securities with over 5% allocation is capped at 50% weight of the portfolio. Index rebalancing occurs quarterly. Prior to August 14, 2014, the fund tracked the Solactive Nigeria Index.

NGE MSCI ESG Analytics Insight

Global X MSCI Nigeria ETF has an MSCI ESG Fund Rating of BB based on a score of 3.81 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 11st percentile within its peer group and in the 4th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

NGE 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.

PERFORMANCE [as of 05/06/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NGE 0.63% -5.17% 5.78% 45.36% -15.41% -10.16% --
NGE (NAV) 2.80% -8.45% -5.67% 40.61% -11.85% -7.26% --
MSCI All Nigeria Select 25/50 Index 2.98% -8.06% -4.98% 44.40% -9.69% -4.71% --
MSCI Nigeria IMI 3.76% -6.61% -3.44% 46.52% -9.77% -4.78% -5.09%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NGE Summary Data

Mirae Asset
Global X
04/03/13
Open-Ended Fund
0.89%
$41.50M
$161.97K
0.62%
N/A

NGE Portfolio Data

$2.69B
5.75
0.79
5.48%
06/29/21
20

NGE Index Data

Market Cap
Market Cap
MSCI Nigeria IMI

NGE Portfolio Management

0.89%
-2.65%
-1.70%
-5.04%

NGE Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

NGE Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Medium
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

NGE Factset Analytics Block Liquidity

As of 05/07/21
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

13,626
$161.97K
11,861
$142.09K
0.62%
$0.07
-17.62%
-7.05% / -31.63%
Potential
0.00%
50,000
0.24
0.00%
43.45%
0
$13.97
1

NGE Sector/Industry Breakdown


NGE
Segment Benchmark
47.50%
41.78%
26.23%
22.40%
18.86%
18.06%
5.31%
11.09%
2.10%
--

NGE Top 10 Holdings[View All]

14.14%
10.85%
9.74%
7.51%
6.04%
5.30%
4.69%
4.35%
4.22%
3.96%
70.80%

NGE Countries


NGE
Segment Benchmark
100.00%
95.75%
--
4.25%

NGE Regions


NGE
Segment Benchmark
100.00%
95.75%
--
4.25%

NGE Economic Development


NGE
Segment Benchmark
100.00%
95.75%
--
4.25%

NGE Performance Statistics

0.94
1.12
1.13
1.25
0.35%
MSCI Nigeria IMI

NGE MSCI ESG Ratings

3.81 / 10
4.32
11.18
3.30%
4.06%
--

NGE Benchmark Comparison Holdings

20
18
15
77.53%

NGE Benchmark Comparison Summary


NGE
Segment Benchmark
20
18
$2.69B
$3.49B
5.75
6.83
0.79
1.06
5.50%
6.93%
High
High

NGE Benchmark Comparison Market Cap Size


NGE
Segment Benchmark
0.00%
0.00%
20.18%
29.54%
51.56%
60.53%
28.26%
9.93%