Global X MSCI Colombia ETF
GXG
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- United States of America
- IPO Date
- Feb 9, 2009
- CIK
- 0001432353
- Similar Companies
- Business
- Global X MSCI Colombia ETF (COLO), formerly traded under the ticker GXG until June 23, 2025, is an exchange-traded fund managed by Global X Management Company LLC that seeks to provide investment results corresponding generally to the price and yield performance, before fees and expenses, of the MSCI All Colombia Select 25/50 Index. The ETF invests at least 80% of its total assets in the securities comprising the underlying index, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) of Colombian companies, as well as cash and cash equivalents that produce similar returns; it targets among the largest and most liquid Colombian securities across diversified sectors such as financials (approximately 38%), utilities (22%), materials (18%), and energy (12%), with top holdings including Grupo Cibest SA, ISA SA, Ecopetrol SA, and Tecnoglass Inc. The fund applies the MSCI 25/50 methodology to the broad Colombian equity universe, incorporating securities classified in Colombia with minimum liquidity thresholds, including companies headquartered or primarily operating there. Launched in 2009 as the first U.S.-listed ETF to directly target Colombian equities, the fund is domiciled in the United States with headquarters in New York and operates primarily in the U.S. market to provide investors exposure to Colombia's equity market, characterized by low equity penetration rates, an attractive natural resource base, and growth opportunities in emerging market equities. It serves growth-focused investors seeking diversified access to Colombian public equity markets across market capitalizations, growth, and value stocks. In a significant recent development, the ETF underwent a ticker symbol change from GXG to COLO effective June 23, 2025, across U.S. exchanges including MIAX options markets, with all good-til-canceled orders canceled prior to the transition; this rebranding aligns with ongoing product maintenance while retaining its focus on the MSCI All Colombia Select 25/50 Index. The fund continues to declare regular distributions, including a semi-annual payout of $0.8476 and an ex-dividend payment of $0.99799 on December 30, 2024, reflecting stable operational performance amid Colombia's evolving economic outlook. No major acquisitions, partnerships, funding rounds, or new product launches specific to this ETF have been reported in the last 1-2 years, though the parent firm Global X ETFs, acquired by Mirae Asset Global Investments in 2018, maintains a global footprint with over $115 billion in assets under management.