The Argentina ETF’s decline over the past few days in conjunction with the quickly depreciating Argentine peso highlights currency risks when investing in overseas markets. Since ARGT holds Argentine stocks, it is exposed to fluctuations in the currency. Investors may see lower performance once peso-denominated returns are converted back to U.S. dollars.
ARGT was the only single-country ETF tracking a Latin American nation to post a gain in 2013. [Bad Things Happening in Emerging Markets]
Global X FTSE Argentina 20 ETF
For more information on Argentina, visit our Argentina category.