PAK Performance — Global X MSCI Pakistan ETF
Data updated: 2024-04-01
PAK returned +41.92% over one year to Jan 2024. The annualised 3-year return is −11.02%. Against its Global Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $70, against $103 for the category, and to $142 over one year, against $110. Volatility over the past three years was 27.20% a year. In the 12 months to Jan 2024 the fund took in a net $16.2M, and assets reached $32.35M.
PAK Growth of $100
What $100 invested in Global X MSCI Pakistan ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Blend category average over the same months.
| Period | PAK | Category average |
|---|---|---|
| 1 year (Feb 2023 – Jan 2024) | $142 | $110 |
| 3 years (Feb 2021 – Jan 2024) | $70 | $103 |
| Since data start (Aug 2019 – Jan 2024) | $94 | $124 |
PAK Trailing Returns
Total returns to Jan 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +41.92% |
| 3 years (annualised) | −11.02% |
PAK Annual Returns
Calendar-year total returns of Global X MSCI Pakistan ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jan) | +13.44% |
| 2023 | +27.91% |
| 2022 | −45.30% |
| 2021 | −8.52% |
| 2020 | +10.36% |
| 2019 (Aug–Dec) | +16.69% |
PAK 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 | +13.4% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | +2.2% | +3.7% | −7.9% | +3.3% | +15.5% | −0.8% | −2.1% | +14.1% | +7.7% | −12.5% | +2.1% | +3.0% |
| 2022 | −5.7% | −1.0% | −3.1% | −1.7% | −17.8% | −6.4% | −11.0% | +4.4% | −7.4% | +15.0% | −13.8% | −6.4% |
| 2021 | +3.1% | −2.0% | −0.8% | +0.9% | −3.8% | −3.9% | +5.9% | +3.6% | −8.5% | −2.8% | +2.0% | −1.8% |
| 2020 | +14.3% | +22.8% | −29.9% | −9.7% | +15.6% | −2.4% | −3.4% | +1.8% | −1.9% | +4.1% | +4.5% | +4.9% |
| 2019 | — | — | — | — | — | — | — | +7.2% | +9.8% | −6.7% | +2.2% | +3.9% |
PAK Risk
Risk measures from monthly returns over Feb 2021 – Jan 2024.
- 3-year volatility (annualised): 27.20%
- 3-year Sharpe ratio: -0.57 (vs 4.5% risk-free rate)
- Best month: +15.54% (May 2023)
- Worst month: −17.80% (May 2022)
PAK Fund Flows
Monthly money in and out of Global X MSCI Pakistan ETF, from SEC Form N-PORT.
- 12-month net flow: $16.2M
- 12-month gross sales (incl. reinvestments): $14.6M
- Sales ÷ redemptions: -9.42×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2024 | $1.2M | $0 | $1.2M |
| Dec 2023 | $0 | $0 | $0 |
| Nov 2023 | −$51K | −$1.6M | $1.5M |
| Oct 2023 | $0 | $0 | $0 |
| Sep 2023 | $0 | $0 | $0 |
| Aug 2023 | $601K | $0 | $601K |
| Jul 2023 | $2.6M | $0 | $2.6M |
| Jun 2023 | $1.9M | $0 | $1.9M |
| May 2023 | $3.4M | $0 | $3.4M |
| Apr 2023 | $3.1M | $0 | $3.1M |
| Mar 2023 | $777K | $0 | $777K |
| Feb 2023 | $1.3M | $0 | $1.3M |
PAK Assets Under Management
Net assets of Global X MSCI Pakistan ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-01-31 | $32.35M |
| 2023-10-31 | $28.75M |
| 2023-07-31 | $26.16M |
| 2023-04-30 | $16.34M |
| 2023-01-31 | $11.53M |
| 2022-10-31 | $14.35M |
| 2022-07-31 | $12.90M |
| 2022-04-30 | $19.51M |
| 2022-01-31 | $20.67M |
| 2021-10-31 | $23.97M |
| 2021-07-31 | $26.01M |
| 2021-04-30 | $28.73M |
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.