Data Source: from January 2014 to August 2022
Consolidated Returns as of 31 Aug 2022
Category: Stocks
ETF: Global X MSCI Nigeria ETF (NGE)

In the last 5 Years, the Global X MSCI Nigeria ETF (NGE) ETF obtained a -12.56% compound annual return, with a 26.58% standard deviation.

In 2021, the ETF granted a 6.43% dividend yield. If you are interested in getting periodic income, please refer to the Global X MSCI Nigeria ETF (NGE) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Multi Cap
  • Style: Blend
  • Region: Africa
  • Country: Nigeria

Historical Returns as of Aug 31, 2022

Historical returns and stats of Global X MSCI Nigeria ETF (NGE) ETF. Total Returns and Inflation Adjusted Returns are both mentioned.

GLOBAL X MSCI NIGERIA ETF (NGE) ETF
Consolidated returns as of 31 Aug 2022
Data Source: from January 2014 to August 2022
Swipe left to see all data
Period Return (%)
as of Aug 2022
Return (%)
Infl.Adj.
Standard
Deviation (%)
Max
Drawdown (%)
Months
Pos - Neg
1M
Aug 2022
-5.83
-5.80
-5.83
Aug 2022 - Aug 2022
0 - 1
3M
-11.76
-12.92
-11.76
Jun 2022 - Aug 2022
0 - 3
6M
-9.97
-13.75
-13.85
May 2022 - Aug 2022
2 - 4
YTD
-9.19
-14.51
-13.85
May 2022 - Aug 2022
3 - 5
1Y
-18.49
-24.71
19.05
-20.77
Nov 2021 - Aug 2022
4 - 8
33% pos
3Y(*)
-9.00
-13.25
29.78
-40.80
Feb 2020 - Mar 2020
17 - 19
47% pos
5Y(*)
-12.56
-15.78
26.58
-64.47
Feb 2018 - Mar 2020
26 - 34
43% pos
MAX(*)
01 Jan 2014
-17.52
-19.77
26.99
-83.92
Jan 2014 - Mar 2020
43 - 61
41% pos
(*) Returns over 1 year are annualized

US Inflation is updated to Aug 2022. Current inflation (annualized) is 1Y: 8.26% , 5Y: 3.82%

Correlations as of Aug 31, 2022

Monthly correlations of Global X MSCI Nigeria ETF (NGE) ETF vs the main Asset Classes, over different timeframes.

Columns are sortable (click on table header to sort).

GLOBAL X MSCI NIGERIA ETF (NGE) ETF
Monthly correlations as of 31 Aug 2022
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Correlation vs NGE
 
Asset Class 1 Year 5 Years Since
Jan 2014
US Total Stock Market
VTI
0.31
0.38
0.24
US Large Cap
SPY
0.33
0.36
0.23
US Small Cap
IJR
0.16
0.39
0.25
US REITs
VNQ
0.36
0.29
0.08
US Technology
QQQ
0.18
0.25
0.14
Preferred Stocks
PFF
0.17
0.38
0.25
EAFE Stocks
EFA
0.42
0.43
0.31
World All Countries
VT
0.36
0.42
0.30
Emerging Markets
EEM
0.43
0.47
0.33
Europe
VGK
0.51
0.43
0.32
Pacific
VPL
0.17
0.41
0.29
Latin America
FLLA
0.18
0.46
0.32
US Total Bond Market
BND
-0.10
-0.03
-0.10
Long Term Treasuries
TLT
-0.16
-0.29
-0.33
US Cash
BIL
-0.25
-0.29
-0.10
TIPS
TIP
0.09
0.08
-0.04
Investment Grade Bonds
LQD
-0.01
0.18
0.05
High Yield Bonds
HYG
0.14
0.39
0.25
International Bond Market
BNDX
-0.07
0.13
-0.05
Emerging Market Bonds
EMB
0.18
0.41
0.24
Gold
GLD
0.12
0.10
-0.05
Commodities
DBC
0.65
0.40
0.39

Capital Growth as of Aug 31, 2022

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) ETF: Dividend Yield page.

An investment of 1000$, since September 2017, now would be worth 511.10$, with a total return of -48.89% (-12.56% annualized).

The Inflation Adjusted Capital now would be 423.69$, with a net total return of -57.63% (-15.78% annualized).
An investment of 1000$, since January 2014, now would be worth 188.43$, with a total return of -81.16% (-17.52% annualized).

The Inflation Adjusted Capital now would be 148.27$, with a net total return of -85.17% (-19.77% annualized).

Drawdowns

Worst drawdowns since September 2017.

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Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-64.47% Feb 2018 Mar 2020 26 in progress 29 55
-1.63% Sep 2017 Oct 2017 2 Dec 2017 2 4

Worst drawdowns since January 2014.

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Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-83.92% Jan 2014 Mar 2020 75 in progress 29 104

Rolling Returns ( more details)

Global X MSCI Nigeria ETF (NGE) ETF: annualized rolling and average returns

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Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
-13.45 57.91
Mar 2017 - Feb 2018
-48.40
Apr 2019 - Mar 2020
76.34%
2 Years
-14.49 15.11
Apr 2020 - Mar 2022
-44.13
Aug 2014 - Jul 2016
75.31%
3 Years
-15.06 -1.81
Feb 2017 - Jan 2020
-34.63
Jun 2014 - May 2017
100.00%
5 Years
-14.16 -4.30
Aug 2016 - Jul 2021
-23.60
May 2015 - Apr 2020
100.00%
7 Years
-15.90 -12.65
Feb 2015 - Jan 2022
-18.64
Oct 2014 - Sep 2021
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

Global X MSCI Nigeria ETF (NGE) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Win %
0.21
56%
-5.60
11%
-1.43
67%
2.75
78%
1.19
44%
-1.42
44%
-5.51
11%
-2.15
22%
0.17
50%
0.08
38%
-3.97
25%
0.60
50%
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
7.8
2020
Worst
Year
-16.8
2015
-17.4
2020
-28.3
2020
-3.8
2019
-11.2
2018
-22.2
2016
-16.5
2016
-7.5
2018
-6.0
2021
-9.5
2014
-12.5
2014
-7.0
2014
Statistics calculated for the period Jan 2014 - Aug 2022

Monthly/Yearly Returns

Global X MSCI Nigeria ETF (NGE) ETF monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
43 Positive Months (41%) - 61 Negative Months (59%)
Jan 2014 - Aug 2022
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Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022
-9.19 -14.51 5.4 -4.3 1.8 2.6 -2.4 -6.2 -0.1 -5.8
2021
-12.30 -18.06 10.7 -6.4 0.9 0.5 1.1 3.9 -7.4 -4.5 -6.0 9.5 -11.2 -1.7
2020
-9.40 -10.62 4.0 -17.4 -28.3 5.8 14.7 -6.8 -2.5 -0.5 3.9 20.0 -0.3 7.8
2019
-13.55 -15.48 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 -21.96 19.2 -7.5 -0.8 -0.8 -11.2 3.3 -5.6 -7.5 -4.3 0.1 -5.6 1.3
2017
+29.86 +27.18 -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 -39.42 -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 -30.71 -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 -32.74 -6.2 -6.5 0.2 6.4 5.7 -0.3 -2.0 -0.6 -4.1 -9.5 -12.5 -7.0
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