PGAL Performance — Global X MSCI Portugal ETF
Data updated: 2024-04-01
PGAL returned +3.50% over one year to Jan 2024. The annualised 3-year return is +2.25%. Against its Global Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $107, against $103 for the category, and to $103 over one year, against $110. Volatility over the past three years was 18.57% a year. In the 12 months to Jan 2024 the fund took in a net $21.0M, and assets reached $8.16M.
PGAL Growth of $100
What $100 invested in Global X MSCI Portugal ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Blend category average over the same months.
| Period | PGAL | Category average |
|---|---|---|
| 1 year (Feb 2023 – Jan 2024) | $103 | $110 |
| 3 years (Feb 2021 – Jan 2024) | $107 | $103 |
| Since data start (Aug 2019 – Jan 2024) | $117 | $124 |
PGAL Trailing Returns
Total returns to Jan 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.50% |
| 3 years (annualised) | +2.25% |
PGAL Annual Returns
Calendar-year total returns of Global X MSCI Portugal ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jan) | +7.91% |
| 2023 | +2.48% |
| 2022 | −11.01% |
| 2021 | +30.88% |
| 2020 | −17.07% |
| 2019 (Aug–Dec) | +9.14% |
PGAL 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 | +7.9% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | +6.8% | +3.1% | +3.8% | −0.2% | +2.3% | +5.5% | −8.9% | +1.2% | −6.0% | −2.9% | −3.4% | +2.4% |
| 2022 | −7.7% | −6.0% | +6.4% | +1.3% | +1.4% | −5.8% | +7.4% | +6.0% | −13.3% | −3.9% | +3.5% | +1.3% |
| 2021 | +20.5% | +3.4% | +1.8% | +0.9% | −2.5% | −7.4% | +7.4% | +4.9% | −2.4% | +6.0% | −5.1% | +2.3% |
| 2020 | +0.8% | +5.5% | −16.6% | −10.5% | +3.3% | +1.2% | +6.2% | −5.8% | −7.1% | +1.9% | −2.7% | +8.5% |
| 2019 | — | — | — | — | — | — | — | +5.8% | +2.4% | −3.1% | 0.0% | +3.9% |
PGAL Risk
Risk measures from monthly returns over Feb 2021 – Jan 2024.
- 3-year volatility (annualised): 18.57%
- 3-year Sharpe ratio: -0.12 (vs 4.5% risk-free rate)
- Best month: +7.91% (Jan 2024)
- Worst month: −13.27% (Sep 2022)
PGAL Fund Flows
Monthly money in and out of Global X MSCI Portugal ETF, from SEC Form N-PORT.
- 12-month net flow: $21.0M
- 12-month gross sales (incl. reinvestments): $7.3M
- Sales ÷ redemptions: -0.53×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2024 | $0 | −$737K | $737K |
| Dec 2023 | $420 | $0 | $420 |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $0 | −$1.0M | $1.0M |
| Sep 2023 | $0 | $0 | $0 |
| Aug 2023 | $0 | $0 | $0 |
| Jul 2023 | $2K | −$2.6M | $2.6M |
| Jun 2023 | $0 | −$1.5M | $1.5M |
| May 2023 | $0 | $0 | $0 |
| Apr 2023 | $0 | −$6.9M | $6.9M |
| Mar 2023 | $937K | −$951K | $1.9M |
| Feb 2023 | $6.4M | $0 | $6.4M |
PGAL Assets Under Management
Net assets of Global X MSCI Portugal ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-01-31 | $8.16M |
| 2023-10-31 | $8.38M |
| 2023-07-31 | $10.12M |
| 2023-04-30 | $14.89M |
| 2023-01-31 | $14.47M |
| 2022-10-31 | $15.15M |
| 2022-07-31 | $10.05M |
| 2022-04-30 | $8.99M |
| 2022-01-31 | $9.28M |
| 2021-10-31 | $11.00M |
| 2021-07-31 | $14.56M |
| 2021-04-30 | $15.42M |
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.