Global X MSCI Colombia ETF (COLO)
Market Closed
27 Feb, 20:00
ARCA ARCA Primary $
38. 92
-0.38
-0.97%
$
- Market Cap
- Div Yield
69,755 Volume
$ 39.3
Previous Close Day Range
38.83 39.53
Year Range
24.23 43.74
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COLO: Political And Economic Headwinds Appear Problematic
The Global X MSCI Colombia ETF has surged over 73% YTD, driven by low valuations and momentum, but faces significant concentration risk. COLO is heavily weighted toward Grupo Cibest, which comprises 22.6% of the fund and introduces outsized single-company risk. Despite a 4.81% dividend yield and low P/E ratios, COLO's long-term returns are underwhelming, with a 4.92% CAGR since inception and an extreme risk profile.
Seekingalpha | 2 months ago
