Global X MSCI Nigeria ETF (NGE)
Description
The investment seeks to track the performance of the MSCI All Nigeria Select 25/50 Index. The NGE ETF contains 19 constituents. It is focused on blend holdings in the Middle East & Africa region.
Price $7.77 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 9.41% |
| Expense ratio | 0.89% |
| Average spread | 1.673% |
| 1Y roundtrip cost | 2.563% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 5.4% | -4.3% | 1.8% | 2.6% | -2.4% | -6.2% | -0.1% | -5.8% | -5.2% | -2.4% | -16.6% | ||
| 2021 | 10.7% | -6.4% | 0.9% | 0.5% | 1.1% | 3.9% | -7.4% | -4.5% | -6.0% | 9.5% | -11.2% | -1.1% | -10.0% |
| 2020 | 4.0% | -17.4% | -28.3% | 5.8% | 14.7% | -6.8% | -2.5% | -0.6% | 3.9% | 20.0% | -0.3% | 8.2% | 0.8% |
| 2019 | 1.7% | 3.1% | -1.6% | -3.8% | -4.4% | 2.1% | -10.4% | -4.6% | 3.5% | -6.5% | 8.4% | -0.4% | -13.0% |
| 2018 | 19.2% | -7.5% | -0.8% | -0.8% | -11.2% | 3.3% | -5.6% | -7.5% | -4.3% | 0.1% | -5.6% | 1.4% | -19.4% |
| 2017 | -1.9% | -7.7% | 3.0% | 1.1% | -0.1% | 16.9% | 9.7% | 4.1% | -1.5% | -0.1% | 0.2% | 4.5% | 28.4% |
| 2016 | -14.3% | -1.3% | 2.2% | 4.4% | 8.8% | -22.2% | -16.5% | 0.4% | 5.3% | -3.6% | -6.1% | 1.3% | -41.6% |
| 2015 | -16.8% | -2.4% | 9.7% | 8.4% | -1.5% | -3.5% | -14.7% | -0.4% | 4.6% | -9.3% | -4.7% | -1.0% | -31.6% |
| 2014 | -6.2% | -6.5% | 0.2% | 6.4% | 5.7% | -0.3% | -2.0% | -0.6% | -4.1% | -9.5% | -12.5% | -7.0% | -36.4% |
| 2013 | 7.1% | -12.9% | 7.1% | -5.7% | 1.2% | 6.1% | 2.8% | 4.3% | 9.8% | ||||
| 1.9% | -50.4% | -12.9% | 24.7% | 17.8% | -25.7% | -42.5% | -25.1% | -2.7% | 4.3% | -29.0% | 10.2% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 0.73 | 0.73 | |||||||||||
| 2020 | 0.77 | 0.77 | |||||||||||
| 2019 | 0.76 | 0.08 | 0.84 | ||||||||||
| 2018 | 0.90 | 0.90 | |||||||||||
| 2017 | 0.42 | 0.42 | |||||||||||
| 2016 | 0.42 | 0.42 | |||||||||||
| 2015 | 1.22 | 1.22 | |||||||||||
| 2014 | 1.22 | 1.22 | |||||||||||
| 2013 | 0.82 | 0.82 | |||||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.76 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.58 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Dangote Cement PLC | 15.68% |
| United States Treasury Bills 0.0% 23-NOV-2021 | 12.73% |
| Guaranty Trust Holding Company Plc | 9.13% |
| Nestle Nigeria Plc | 8.25% |
| Zenith Bank PLC | 7.62% |
| FBN Holdings Plc | 4.87% |
| MTN Nigeria Communications Plc | 4.71% |
| Lafarge Africa Plc | 4.25% |
| United Bank for Africa PLC | 3.94% |
| Stanbic IBTC Holdings Plc | 3.79% |
| Nigerian Breweries PLC | 3.47% |
| Flour Mills Nigeria Plc | 3.44% |
| Access Bank PLC | 3.40% |
| Ecobank Transnational, Inc. | 3.17% |
| Dangote Sugar Refinery PLC | 3.03% |
| Top 15 Weights | 91.48% |
Compare with similar ETFs
| NGE | EWM | FCG | PSCE | PXJ | YMLP | |
|---|---|---|---|---|---|---|
| Product name | Global X MSCI Nigeria ETF | iShares MSCI Malaysia ETF | First Trust ISE-Revere Natural Gas Index Fund | PowerShares S&P SmallCap Energy Portfolio ETF | PowerShares Dynamic Oil & Gas Services Portfolio ETF | Market Vectors High Income MLP ETF |
| Issuer | Global X | iShares | First Trust | Invesco | Invesco | N/A |
| Price | $7.77 | $20.82 | $26.44 | $9.97 | $4.44 | $60.22 |
| Expense Ratio | 0.89% |  0.51% | 0.6% | 0.29% | 0.63% | 0.45% |
| Average Spread | 1.673% | 0.048% | 0.038% | 0.100% | 0.225% | 0.316% |
| AUM | $31,830,600 | $207,551,000 | $702,168,000 | $169,550,000 | $33,800,500 | $0 |
| Shares | 4,096,601 | 9,968,847 | 26,557,029 | 17,005,988 | 7,612,732 | 0 |
| Average Daily Volume | 6,113 | 295,250 | 1,549,543 | 147,707 | 118,787 | 2,653 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2013-04-03 | 1996-03-12 | 2007-05-08 | 2010-04-07 | 2005-10-26 | 2012-03-12 |
| Index Tracked | MSCI All Nigeria Select 25/50 Index | MSCI Malaysia Index | ISE-REVERE Natural Gas Index | S&P SmallCap 600 Capped Energy Index | Dynamic Oil Services Intellidex Index | MVIS North American Energy Infrastructure Index |
| Category | Emerging Markets Equities | Asia Pacific Equities | Energy Equities | Energy Equities | Energy Equities | MLPs |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Mid/Small/Micro Caps | Large/Mid Caps | Large/Mid/Small Caps | Mid/Small Caps | Large/Mid/Small Caps | Large/Mid Caps |
| Value or Growth | Blend | Blend | Blend | Blend | Value | Blend |
| Region | Middle East & Africa | Asia-Pacific | North America | North America | North America | North America |
| Countries | Nigeria | Malaysia | U.S. | U.S. | Broad | Broad |
| Annual Dividend Rate | $0.731 | $1.247 | $0.636 | $0.121 | $0.02 | $2.255 |
| Annual Dividend Yield | 0.094% | 0.060% | 0.024% | 0.012% | 0.005% | 0.037% |
| Number of Holdings | 19 | 38 | 41 | 32 | 13 | 30 |
| YTD Return | -16.00% | -15.14% | 57.13% | 44.27% | 40.25% | 15.60% |
| Beta | -1.08 | -0.22 | -1.53 | -1.77 | -1.51 | -1.13 |
| Upside Beta | -0.06 | 0.33 | 0.23 | 0.23 | -0.13 | 0.24 |
| Downside Beta | 0.61 | 0.55 | 0.48 | 0.96 | 0.47 | 0.64 |
| Volatility 1Y | 20.77% | 13.61% | 45.05% | 50.04% | 45.82% | 26.00% |
| Sharpe Ratio 3Y | -0.69 | -0.58 | 1.92 | 0.54 | -0.04 | 0.39 |
| Treynor Ratio 3Y | 0.01 | 0.03 | -0.04 | -0.01 | 0.00 | -0.01 |