NGE Performance — Global X MSCI Nigeria ETF
Data updated: 2024-04-01
NGE returned −44.67% over one year to Jan 2024. The annualised 3-year return is −19.18%. The fund trailed its Moderate Allocation category average: $100 invested three years ago grew to $53, against $109 for the category, and to $55 over one year, against $107. Volatility over the past three years was 29.59% a year. In the 12 months to Jan 2024 the fund took in a net $0, and assets reached $13.30M.
NGE Growth of $100
What $100 invested in Global X MSCI Nigeria ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Moderate Allocation category average over the same months.
| Period | NGE | Category average |
|---|---|---|
| 1 year (Feb 2023 – Jan 2024) | $55 | $107 |
| 3 years (Feb 2021 – Jan 2024) | $53 | $109 |
| Since data start (Aug 2019 – Jan 2024) | $67 | $126 |
NGE Trailing Returns
Total returns to Jan 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −44.67% |
| 3 years (annualised) | −19.18% |
NGE Annual Returns
Calendar-year total returns of Global X MSCI Nigeria ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jan) | +9.13% |
| 2023 | −47.18% |
| 2022 | −9.94% |
| 2021 | +11.31% |
| 2020 | +19.04% |
| 2019 (Aug–Dec) | −3.00% |
NGE Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +9.1% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | +4.2% | +3.1% | −2.2% | +4.3% | +5.4% | −32.9% | +15.0% | −10.7% | −2.8% | −4.2% | −19.5% | −11.5% |
| 2022 | −2.9% | +7.8% | −2.6% | +1.9% | −8.6% | −2.8% | −0.3% | −4.7% | −3.0% | −0.6% | +5.9% | +0.7% |
| 2021 | +9.5% | +3.4% | −0.2% | −13.5% | +1.9% | +4.0% | −1.1% | +6.1% | +3.1% | −2.6% | +2.3% | −0.2% |
| 2020 | +9.1% | +13.6% | −25.2% | −15.1% | −1.6% | −3.7% | +13.6% | +18.2% | +7.6% | +3.9% | +6.7% | −0.1% |
| 2019 | — | — | — | — | — | — | — | −7.5% | +3.8% | −3.7% | +3.7% | +1.2% |
NGE Risk
Risk measures from monthly returns over Feb 2021 – Jan 2024.
- 3-year volatility (annualised): 29.59%
- 3-year Sharpe ratio: -0.80 (vs 4.5% risk-free rate)
- Best month: +14.98% (Jul 2023)
- Worst month: −32.86% (Jun 2023)
NGE Fund Flows
Monthly money in and out of Global X MSCI Nigeria ETF, from SEC Form N-PORT.
- 12-month net flow: $0
- 12-month gross sales (incl. reinvestments): $0
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2024 | $0 | $0 | $0 |
| Dec 2023 | $0 | $0 | $0 |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $0 | $0 | $0 |
| Sep 2023 | $0 | $0 | $0 |
| Aug 2023 | $0 | $0 | $0 |
| Jul 2023 | $0 | $0 | $0 |
| Jun 2023 | $0 | $0 | $0 |
| May 2023 | $0 | $0 | $0 |
| Apr 2023 | $0 | $0 | $0 |
| Mar 2023 | $0 | $0 | $0 |
| Feb 2023 | $0 | $0 | $0 |
NGE Assets Under Management
Net assets of Global X MSCI Nigeria ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-01-31 | $13.30M |
| 2023-10-31 | $26.61M |
| 2023-07-31 | $31.99M |
| 2023-04-30 | $42.70M |
| 2023-01-31 | $40.62M |
| 2022-10-31 | $38.24M |
| 2022-07-31 | $41.61M |
| 2022-04-30 | $47.01M |
| 2022-01-31 | $43.94M |
| 2021-10-31 | $46.59M |
| 2021-07-31 | $43.75M |
| 2021-04-30 | $41.76M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.