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The Global X MSCI Argentina ETF (ARGT) is engineered to closely track the overall market performance of the MSCI All Argentina 25/50 Index. Its objective is to replicate the index's total return, which includes both capital appreciation and dividend income, prior to accounting for any operational fees or expenses.

Global X MSCI Argentina ETF (NYSEARCA:ARGT - Get Free Report)'s stock price passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $93.36 and traded as high as $99.50. Global X MSCI Argentina ETF shares last traded at $96.80, with a volume of 258,751

International stocks can be great for diversification, but they can also be risky for reasons most investors aren't familiar with. Stanley Druckenmiller's investments in Argentine companies carry significant risks stemming from the country's politics.

ARGT's underlying macro thesis remains intact, supported by falling inflation, improving country risk, and ongoing structural reforms. The main change is rising political uncertainty ahead of the 2027 presidential election, which has contributed to the fund's underperformance relative to other Latin American markets. The ETF combines companies with very different valuations and fundamentals, with YPF offering stronger company-specific fundamentals while domestic banks continue to trade at lower multiples.

Druckenmiller's investments aren't necessarily intended to be for the long term.

The World Cup has reached its final four. Spain, France, England, and Argentina will contest some exciting matches this week in advance of the final.