Last Update: 31 Aug 2021
In 2020, the portfolio granted a 5.74% dividend yield. If you are interested in getting periodic income, please refer to the Global X MSCI Nigeria ETF (NGE): Dividend Yield page.
The ETF is related to the following investment themes:
- Asset Class: Equity
- Size: Multi Cap
- Style: Blend
- Region: Africa
- Country: Nigeria
Capital Growth and Historical Returns
Capital growth, returns, stats are calculated assuming a reinvestment of dividends.
If you are interested in getting periodic income, please refer to the Global X MSCI Nigeria ETF (NGE): Dividend Yield page.
| Period | Returns Aug 2021 |
Standard Deviation * |
Max Drawdown |
Months Pos - Neg |
|---|---|---|---|---|
|
1M
|
-4.48%
|
-4.48%
Aug 2021 - Aug 2021
|
0 - 1 | |
|
3M
|
-8.11%
|
-11.56%
Jul 2021 - Aug 2021
|
1 - 2 | |
|
6M
|
-5.77%
|
-11.56%
Jul 2021 - Aug 2021
|
4 - 2 | |
|
YTD
|
-2.29%
|
-11.78%
Feb 2021 - Aug 2021
|
5 - 3 | |
|
1Y
|
+31.02%
|
25.47%
|
-11.78%
Feb 2021 - Aug 2021
|
8 - 4 |
|
3Y
|
-11.18%
annualized
|
28.85%
|
-51.25%
Sep 2018 - Mar 2020
|
18 - 18 |
|
5Y
|
-5.26%
annualized
|
27.32%
|
-64.46%
Feb 2018 - Mar 2020
|
29 - 31 |
|
MAX
01 Jan 2014
|
-17.39%
annualized
|
27.86%
|
-83.92%
Jan 2014 - Mar 2020
|
39 - 53 |
* Annualized St.Dev. of monthly returns
Drawdowns
Rolling Returns ( more details)
Global X MSCI Nigeria ETF (NGE) ETF: annualized rolling and average returns
| Return (*) | Negative Periods |
|||
|---|---|---|---|---|
| Rolling Period | Average | Best | Worst | |
| 1 Year |
-13.95% |
+57.91% Mar 2017 - Feb 2018 |
-48.40% Apr 2019 - Mar 2020 |
75.31% |
| 2 Years |
-17.06% |
+9.31% Mar 2017 - Feb 2019 |
-44.13% Aug 2014 - Jul 2016 |
79.71% |
| 3 Years |
-15.99% |
-1.81% Feb 2017 - Jan 2020 |
-34.63% Jun 2014 - May 2017 |
100.00% |
| 5 Years |
-16.83% |
-4.30% Aug 2016 - Jul 2021 |
-23.61% May 2015 - Apr 2020 |
100.00% |
| 7 Years |
-17.45% |
-16.56% Apr 2014 - Mar 2021 |
-18.61% Jan 2014 - Dec 2020 |
100.00% |
* Annualized rolling and average returns over full calendar month periods
If you need a deeper detail about rolling returns, please refer to the Global X MSCI Nigeria ETF (NGE) ETF: Rolling Returns page.
Seasonality and Yearly/Monthly Returns
In the table below, for the Global X MSCI Nigeria ETF (NGE) ETF, the average monthly return is represented.
Below each return, it's also mentioned the probability of obtaining a positive monthly result (Win %).
Both the Average Return and the Gain Frequency are useful to get an idea of what happened in the past.
| Monthly Average Return (%) and Gain Frequency | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| Average Win % |
-0.44 50% |
-5.76 13% |
-1.84 63% |
2.77 75% |
1.63 50% |
-0.82 50% |
-6.19 13% |
-1.69 25% |
1.05 57% |
-1.27 29% |
-2.94 29% |
0.93 57% |
| Best Year |
19.2 2018 |
3.1 2019 |
9.7 2015 |
8.4 2015 |
14.7 2020 |
16.9 2017 |
9.7 2017 |
4.1 2017 |
5.3 2016 |
20.0 2020 |
8.4 2019 |
7.9 2020 |
| Worst Year |
-16.8 2015 |
-17.4 2020 |
-28.4 2020 |
-3.8 2019 |
-11.2 2018 |
-22.2 2016 |
-16.5 2016 |
-7.5 2018 |
-4.3 2018 |
-9.5 2014 |
-12.5 2014 |
-7.0 2014 |
For further information about the seasonality, check the Asset Class Seasonality page.
Investing in Global X MSCI Nigeria ETF (NGE) ETF: detail of monthly returns
| Months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Return | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2021 |
-2.29% | 10.7 | -6.4 | 0.9 | 0.5 | 1.1 | 3.9 | -7.4 | -4.5 | ||||
| 2020 |
-9.40% | 4.0 | -17.4 | -28.4 | 5.8 | 14.7 | -6.8 | -2.5 | -0.6 | 3.9 | 20.0 | -0.3 | 7.9 |
| 2019 |
-13.55% | 1.7 | 3.1 | -1.6 | -3.8 | -4.4 | 2.1 | -10.4 | -4.6 | 3.5 | -6.5 | 8.4 | -0.4 |
| 2018 |
-20.47% | 19.2 | -7.5 | -0.8 | -0.8 | -11.2 | 3.3 | -5.7 | -7.5 | -4.3 | 0.1 | -5.6 | 1.3 |
| 2017 |
+29.86% | -1.9 | -7.7 | 3.0 | 1.1 | -0.1 | 16.9 | 9.7 | 4.1 | -1.5 | -0.1 | 0.2 | 4.5 |
| 2016 |
-38.17% | -14.3 | -1.3 | 2.2 | 4.4 | 8.8 | -22.2 | -16.5 | 0.4 | 5.3 | -3.6 | -6.1 | 1.3 |
| 2015 |
-30.21% | -16.8 | -2.4 | 9.7 | 8.4 | -1.5 | -3.5 | -14.7 | -0.4 | 4.6 | -9.3 | -4.7 | -1.0 |
| 2014 |
-32.23% | -6.2 | -6.5 | 0.2 | 6.4 | 5.7 | -0.3 | -2.0 | -0.7 | -4.1 | -9.5 | -12.5 | -7.0 |