Global X MSCI Argentina ETF vs MGM Resorts International — how do they compare? Global X MSCI Argentina ETF trades at $93, while MGM Resorts International trades at $44.32 (market cap $11.10B). The key difference: MGM Resorts International pays a 0.03% dividend while Global X MSCI Argentina ETF pays none. Which is the better fit depends on your goals.
| ARGT | MGM | |
|---|---|---|
Sector | Broad Market / Factor | Consumer Cyclical |
52-Week High | $102.94 | $50.69 |
52-Week Low | $67.55 | $30.72 |
Market Cap | — | $11.10B |
Enterprise Value | — | $38.40B |
Dividend Yield | — | 0.03% |
Trailing returns across standard periods
Latest headlines on both assets
ARGT seeks to provide investment results that correspond to the performance of the MSCI All Argentina 25/50 Index. It offers targeted exposure to some of the largest and most liquid companies operating in Argentina.
Read more on ARGT →MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →