In the last 5 Years, the Global X MSCI Portugal ETF (PGAL) ETF obtained a 1.53% compound annual return, with a 20.00% standard deviation.
In 2021, the ETF granted a 3.43% dividend yield. If you are interested in getting periodic income, please refer to the Global X MSCI Portugal ETF (PGAL) ETF: Dividend Yield page.
The ETF is related to the following investment themes:
- Asset Class: Equity
- Size: Multi Cap
- Style: Value
- Region: Developed Europe
- Country: Portugal
Historical Returns as of Jul 31, 2022
Historical returns and stats of Global X MSCI Portugal ETF (PGAL) ETF. Total Returns and Inflation Adjusted Returns are both mentioned.
Period | Return (%) as of Jul 2022 |
Return (%) Infl.Adj. |
Standard Deviation (%) |
Max Drawdown (%) |
Months Pos - Neg |
---|---|---|---|---|---|
1M
Jul 2022
|
1.82
|
1.83
|
0.00
|
1 - 0
|
|
3M
|
4.97
|
2.44
|
-5.62
Jun 2022 - Jun 2022
|
2 - 1
|
|
6M
|
3.87
|
-1.43
|
-6.23
Apr 2022 - Apr 2022
|
3 - 3
|
|
YTD
|
-0.12
|
-6.01
|
-6.23
Apr 2022 - Apr 2022
|
3 - 4
|
|
1Y
|
1.85
|
-6.15
|
18.80
|
-10.71
Nov 2021 - Feb 2022
|
6 - 6
50% pos
|
3Y(*)
|
3.80
|
-1.06
|
23.57
|
-25.99
Jan 2020 - Mar 2020
|
20 - 16
56% pos
|
5Y(*)
|
1.53
|
-2.27
|
20.00
|
-31.01
Aug 2018 - Mar 2020
|
34 - 26
57% pos
|
MAX(*)
01 Jan 2014
|
-1.31
|
-4.03
|
20.44
|
-47.58
May 2014 - Feb 2016
|
54 - 49
52% pos
|
US Inflation is updated to Jul 2022. Current inflation (annualized) is 1Y: 8.52% , 5Y: 3.89%
Correlations as of Jul 31, 2022
Monthly correlations of Global X MSCI Portugal ETF (PGAL) ETF vs the main Asset Classes, over different timeframes.
Columns are sortable (click on table header to sort).
Correlation vs PGAL | ||||
---|---|---|---|---|
|
||||
Asset Class | 1 Year | 5 Years | Since Jan 2014 |
|
US Total Stock Market VTI |
0.70
|
0.75
|
0.65
|
|
US Large Cap SPY |
0.70
|
0.74
|
0.65
|
|
US Small Cap IJR |
0.65
|
0.77
|
0.57
|
|
US REITs VNQ |
0.54
|
0.61
|
0.43
|
|
US Technology QQQ |
0.62
|
0.61
|
0.56
|
|
Preferred Stocks PFF |
0.70
|
0.66
|
0.56
|
|
EAFE Stocks EFA |
0.78
|
0.88
|
0.83
|
|
World All Countries VT |
0.74
|
0.82
|
0.75
|
|
Emerging Markets EEM |
0.67
|
0.70
|
0.66
|
|
Europe VGK |
0.78
|
0.89
|
0.85
|
|
Pacific VPL |
0.69
|
0.79
|
0.72
|
|
Latin America FLLA |
0.57
|
0.71
|
0.61
|
|
US Total Bond Market BND |
0.38
|
0.17
|
0.12
|
|
Long Term Treasuries TLT |
0.16
|
-0.22
|
-0.21
|
|
US Cash BIL |
0.15
|
-0.21
|
-0.08
|
|
TIPS TIP |
0.22
|
0.24
|
0.20
|
|
Investment Grade Bonds LQD |
0.52
|
0.44
|
0.35
|
|
High Yield Bonds HYG |
0.52
|
0.64
|
0.58
|
|
International Bond Market BNDX |
0.12
|
0.11
|
0.05
|
|
Emerging Market Bonds EMB |
0.67
|
0.64
|
0.55
|
|
Gold GLD |
0.13
|
0.18
|
0.11
|
|
Commodities DBC |
0.37
|
0.62
|
0.52
|
Capital Growth as of Jul 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 Portugal ETF (PGAL) ETF: Dividend Yield page.
The Inflation Adjusted Capital now would be 891.49$, with a net total return of -10.85% (-2.27% annualized).
The Inflation Adjusted Capital now would be 702.47$, with a net total return of -29.75% (-4.03% annualized).
Drawdowns
Worst drawdowns since August 2017.
Drawdown period |
Recovery period |
Total |
||||
---|---|---|---|---|---|---|
Drawdown | Start | Bottom | #Months | End | #Months | #Months |
-31.01% | Aug 2018 | Mar 2020 | 20 | May 2021 | 14 | 34 |
-13.06% | Jun 2021 | Feb 2022 | 9 | in progress | 5 | 14 |
-4.89% | Feb 2018 | Feb 2018 | 1 | Jun 2018 | 4 | 5 |
-2.95% | Oct 2017 | Nov 2017 | 2 | Jan 2018 | 2 | 4 |
Worst drawdowns since January 2014.
Drawdown period |
Recovery period |
Total |
||||
---|---|---|---|---|---|---|
Drawdown | Start | Bottom | #Months | End | #Months | #Months |
-47.58% | May 2014 | Feb 2016 | 22 | in progress | 77 | 99 |
Rolling Returns ( more details)
Global X MSCI Portugal ETF (PGAL) ETF: annualized rolling and average returns
Rolling Period |
Return (*) | Negative Periods |
||
---|---|---|---|---|
Average (%) | Best (%) | Worst (%) | ||
1 Year |
0.44 |
42.64 Nov 2020 - Oct 2021 |
-35.18 Apr 2014 - Mar 2015 |
54.35% |
2 Years |
1.14 |
20.41 Jul 2016 - Jun 2018 |
-26.02 Mar 2014 - Feb 2016 |
42.50% |
3 Years |
1.52 |
11.24 Feb 2015 - Jan 2018 |
-15.49 Mar 2014 - Feb 2017 |
35.29% |
5 Years |
1.68 |
7.45 Jun 2016 - May 2021 |
-6.52 Jun 2014 - May 2019 |
31.82% |
7 Years |
0.29 |
4.29 Jan 2015 - Dec 2021 |
-3.77 Apr 2014 - Mar 2021 |
45.00% |
If you need a deeper detail about rolling returns, please refer to the Global X MSCI Portugal ETF (PGAL) ETF: Rolling Returns page.
Seasonality
Global X MSCI Portugal ETF (PGAL) ETF: in which months is it better to invest?
For further information about the seasonality, check the Asset Class Seasonality page.
Monthly Average Return (%) and Gain Frequency | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
Average Win % |
-0.01 44% |
0.50 56% |
2.09 89% |
1.82 89% |
2.54 56% |
-3.03 22% |
0.08 56% |
-0.83 50% |
-2.27 25% |
-0.70 38% |
-0.78 25% |
0.91 75% |
Best Year |
7.0 2019 |
11.5 2015 |
13.3 2016 |
6.7 2020 |
11.3 2017 |
3.1 2019 |
6.7 2016 |
5.8 2021 |
5.3 2017 |
6.9 2015 |
20.2 2020 |
8.8 2020 |
Worst Year |
-5.1 2016 |
-8.5 2020 |
-18.4 2020 |
-6.2 2022 |
-5.2 2019 |
-7.6 2021 |
-10.4 2014 |
-6.1 2015 |
-7.7 2020 |
-8.7 2014 |
-7.0 2021 |
-13.3 2014 |
Monthly/Yearly Returns
Global X MSCI Portugal ETF (PGAL) ETF monthly and yearly returns: how is the distribution of the returns recorded so far?
Yearly Return(%) |
Monthly Return(%) |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Total | Infl.Adj | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
2022 |
-0.12 | -6.01 | -3.8 | -1.3 | 6.9 | -6.2 | 9.2 | -5.6 | 1.8 | |||||
2021 |
+2.64 | -4.11 | -3.2 | 1.4 | 2.6 | 2.1 | 8.9 | -7.6 | -2.7 | 5.8 | -3.3 | 5.9 | -7.0 | 1.2 |
2020 |
-0.50 | -1.83 | -0.8 | -8.5 | -18.4 | 6.7 | 6.5 | -0.9 | 2.5 | 2.4 | -7.7 | -5.8 | 20.2 | 8.8 |
2019 |
+14.39 | +11.83 | 7.0 | 0.2 | 0.1 | 2.4 | -5.2 | 3.1 | -2.9 | -3.2 | 2.4 | 5.4 | 0.9 | 4.0 |
2018 |
-11.24 | -12.91 | 6.6 | -4.9 | 1.7 | 2.1 | 0.1 | 1.3 | 2.0 | -4.2 | -2.0 | -8.6 | -1.9 | -3.2 |
2017 |
+31.61 | +28.89 | -1.0 | 2.6 | 8.5 | 1.3 | 11.3 | -2.7 | 4.5 | 1.2 | 5.3 | -0.4 | -2.6 | 0.8 |
2016 |
-3.92 | -5.87 | -5.1 | -6.7 | 13.3 | 1.5 | -1.8 | -6.8 | 6.7 | 0.4 | -1.9 | -0.4 | -6.4 | 5.4 |
2015 |
+2.34 | +1.60 | 0.2 | 11.5 | 0.0 | 6.3 | -3.0 | -5.0 | -0.9 | -6.1 | -4.0 | 6.9 | -5.6 | 3.6 |
2014 |
-33.37 | -33.87 | 0.1 | 10.2 | 4.1 | 0.3 | -3.0 | -3.0 | -10.4 | -3.0 | -6.9 | -8.7 | -3.9 | -13.3 |