Data Source: from January 2014 to July 2022
Consolidated Returns as of 31 Jul 2022
Category: Stocks
ETF: Global X MSCI Portugal ETF (PGAL)

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.

GLOBAL X MSCI PORTUGAL ETF (PGAL) ETF
Consolidated returns as of 31 Jul 2022
Data Source: from January 2014 to July 2022
Swipe left to see all data
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
(*) Returns over 1 year are annualized

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).

GLOBAL X MSCI PORTUGAL ETF (PGAL) ETF
Monthly correlations as of 31 Jul 2022
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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.

An investment of 1000$, since August 2017, now would be worth 1079.01$, with a total return of 7.90% (1.53% annualized).

The Inflation Adjusted Capital now would be 891.49$, with a net total return of -10.85% (-2.27% annualized).
An investment of 1000$, since January 2014, now would be worth 893.05$, with a total return of -10.69% (-1.31% 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.

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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.

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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

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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%
(*) 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 Portugal ETF (PGAL) ETF: Rolling Returns page.

Seasonality

Global X MSCI Portugal ETF (PGAL) 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 %
-0.01
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
Statistics calculated for the period Jan 2014 - Jul 2022

Monthly/Yearly Returns

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

MONTHLY RETURNS HISTOGRAM
54 Positive Months (52%) - 49 Negative Months (48%)
Jan 2014 - Jul 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
-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
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