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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.
The iShares Latin America 40 ETF (NYSEARCA:ILF) is the default vehicle for U.S. investors who want regional exposure without having to set country weights themselves. ILF tracks the S&P Latin America 40 Index, holds 52 companies, and manages $4.14 billion at a 0.47% expense ratio. The fund has performed well recently, returning 32.44% over the... Skip Broad Latin America. This Single-Country Fund Is Where the Reform Rally Is
Stanley Druckenmiller's Duquesne Family Office spent the first quarter of 2026 quietly accumulating South American equity exposure, with EWZ representing roughly 4.49% of the portfolio as the fifth-largest holding alongside a new position in the Argentina ETF.
I'm upgrading Global X MSCI Argentina ETF from hold to buy, citing a 28% upside as Argentina's turnaround advances. ARGT trades at 12.5x earnings, below its post-Milei average; a re-rating to 14–18x could yield 12–44% upside. The Milei Administration's reforms have stabilized inflation and the fiscal balance, with external accounts improving on commodity strength.