COLO vs MSTB

Comparison between GLOBAL X MSCI COLOMBIA ETF (COLO, ETF) and LHA MARKET STATE TACTICAL BETA ETF (MSTB, ETF).

5-Year PerformanceCOLO has outperformed MSTB, delivering a return of +18.6% compared to +7.8%

COLO vs MSTB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	COLO(ETF)	MSTB(ETF)
Net Assets	$196M	$196M
Expense Ratio	0.62%	1.38%
Max Drawdown	83.14%	26.34%
Sharpe Ratio	1.97	0.92
5Y Beta	0.64	0.58
5Y Dividends CAGR	8.53%	0.26%

Net Assets

COLO

$196M

Winner

MSTB

$196M

Expense Ratio

Winner

COLO

0.62%

MSTB

1.38%

Max Drawdown

COLO

83.14%

Winner

MSTB

26.34%

Sharpe Ratio

Winner

COLO

1.97

MSTB

0.92

5Y Beta

COLO

0.64

Winner

MSTB

0.58

5Y Dividends CAGR

Winner

COLO

8.53%

MSTB

0.26%

COLO vs MSTB - Holdings Comparison

COLO and MSTB have 0 common holdings. Overlap is 0.00%

COLO's top 25 holdings weight is 98.22%. MSTB's top 25 holdings weight is 89.16%.

Rank	COLO	MSTB
#1	GRUPO CIBEST SA PARTICIPATING PREFERRED (n/a) - 15.99%	STATE STREET® SPDR® S&P 500® ETF (SPY) - 82.44%
#2	INTERCONEXION ELECTRICA SA ESP (n/a) - 10.62%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.36%
#3	ECOPETROL SA (n/a) - 9.95%	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 3.36%
#4	GRUPO CIBEST SA (n/a) - 7.55%	N/A
#5	CEMENTOS ARGOS SA (n/a) - 4.55%	N/A
#6	GRUPO ENERGIA BOGOTA SA ESP (n/a) - 4.38%	N/A
#7	DAVIVIENDA GROUP SA PRF PERPETUAL COP 180 (n/a) - 3.93%	N/A
#8	GRUPO AVAL ACCIONES Y VALORES SA PARTICIPATING PREFERRED (n/a) - 3.81%	N/A
#9	TECNOGLASS INC (TGLS) - 3.40%	N/A
#10	GRUPO ARGOS SA (n/a) - 3.32%	N/A
#11	CELSIA SA ESP (n/a) - 3.15%	N/A
#12	CORPORACION FINANCIERA COLOMBIANA SA (n/a) - 2.74%	N/A
#13	PATRIMONIO AUTN (n/a) - 2.65%	N/A
#14	GRUPO DE INVERSIONES SURAMERICANA SA PARTICIPATING PREFERRED (n/a) - 2.40%	N/A
#15	MILLICOM INTERNATIONAL CELLULAR SA (TIGO) - 2.37%	N/A
#16	GRUPO DE INVERSIONES SURAMERICANA SA (n/a) - 2.27%	N/A
#17	EMPRESAS COPEC SA (n/a) - 1.85%	N/A
#18	BROOKFIELD RENEWABLE CORP (n/a) - 1.80%	N/A
#19	GEOPARK LTD (GPRK) - 1.79%	N/A
#20	MINEROS SA (n/a) - 1.69%	N/A
#21	PAREX RESOURCES INC (n/a) - 1.67%	N/A
#22	GRUPO ARGOS SA PARTICIPATING PREFERRED (n/a) - 1.66%	N/A
#23	ARIS MINING CORP (ARIS) - 1.66%	N/A
#24	ALMACENES EXITO SA (n/a) - 1.54%	N/A
#25	BANCO DE BOGOTA SA (n/a) - 1.48%	N/A
Total Holdings	29	3

COLO vs MSTB - Historical Returns

Returns include dividend reinvestment.

Period	COLO	MSTB
1 month	+3.15%	+0.31%
3 months	+12.07%	+4.56%
6 months	+8.19%	+7.83%
1 year	+60.87%	+13.70%
5 years(CAGR)	+18.60%	+7.81%
10 years(CAGR)	+6.93%	N/A
Max(CAGR)	+6.04%	+10.92%

Winner

COLO

+3.15%

MSTB

+0.31%

Winner

COLO

+12.07%

MSTB

+4.56%

Winner

COLO

+8.19%

MSTB

+7.83%

Winner

COLO

+60.87%

MSTB

+13.70%

5Y(CAGR)

Winner

COLO

+18.60%

MSTB

+7.81%

10Y(CAGR)

COLO

+6.93%

MSTB

N/A

Max(CAGR)

COLO

+6.04%

Winner

MSTB

+10.92%

COLO vs MSTB - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	COLO	MSTB
2026	+29.11%	+7.52%
2025	+65.63%	+18.86%
2024	+3.89%	+19.29%
2023	+25.45%	+16.84%
2022	-22.52%	-23.20%
2021	-10.28%	+22.88%
2020	-15.07%	+9.44%
2019	+27.78%	N/A
2018	-21.54%	N/A
2017	+10.07%	N/A
2016	+26.28%	N/A
2015	-40.52%	N/A
2014	-26.27%	N/A
2013	-15.41%	N/A
2012	+25.11%	N/A
2011	-14.11%	N/A
2010	+51.29%	N/A
2009	+90.17%	N/A

COLO vs MSTB Drawdown Comparison

The maximum drawdown for COLO was -78.92%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The maximum drawdown for MSTB was -25.64%, occurring on Sep 30, 2022. Recovery took 613 trading sessions.

The current COLO drawdown is -13.08%. The current MSTB drawdown is -1.73%.

Rank	COLO	MSTB
#1	-78.92% Nov 4, 2010 - Mar 23, 2020	-25.64% Jan 3, 2022 - Jun 12, 2024
#2	-14.95% Oct 12, 2009 - Feb 16, 2010	-10.81% Jan 23, 2025 - May 12, 2025
#3	-11.46% Feb 9, 2009 - Mar 17, 2009	-8.31% Oct 29, 2025 - Apr 16, 2026
#4	-10.46% Apr 26, 2010 - Jun 15, 2010	-6.18% Aug 30, 2021 - Nov 3, 2021
#5	-7.98% Jun 12, 2009 - Jul 1, 2009	-5.83% Nov 18, 2021 - Dec 23, 2021
#6	-7.87% Jul 23, 2009 - Aug 25, 2009	-5.60% Jul 16, 2024 - Sep 19, 2024
#7	-7.82% Aug 27, 2009 - Sep 8, 2009	-5.16% Oct 12, 2020 - Nov 9, 2020
#8	-7.79% Mar 23, 2009 - Apr 15, 2009	-5.03% Feb 12, 2021 - Apr 1, 2021
#9	-6.05% Jul 2, 2009 - Jul 14, 2009	-4.26% Dec 6, 2024 - Jan 23, 2025
#10	-3.97% Aug 4, 2010 - Aug 24, 2010	-4.09% Jun 2, 2026 - Jun 10, 2026
#11	-3.84% Mar 8, 2010 - Apr 6, 2010	-3.39% Jul 12, 2021 - Jul 23, 2021
#12	-3.52% Jun 21, 2010 - Jul 8, 2010	-3.20% May 7, 2021 - Jun 30, 2021
#13	-3.38% Oct 13, 2010 - Nov 3, 2010	-2.88% Oct 18, 2024 - Nov 7, 2024
#14	-3.15% Sep 8, 2010 - Sep 28, 2010	-2.80% Oct 8, 2025 - Oct 21, 2025
#15	-2.87% Apr 6, 2010 - Apr 23, 2010	-2.62% May 19, 2025 - Jun 3, 2025

Correlation

Correlation between COLO and MSTB is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2009 - 2026)

COLO vs MSTB dividend yield comparison.

Year	COLO	MSTB
2026	0.37%	0.00%
2025	7.51%	0.41%
2024	6.09%	0.95%
2023	6.99%	0.16%
2022	12.55%	1.34%
2021	2.32%	2.20%
2020	3.23%	1.78%
2019	3.04%	0.00%
2018	3.03%	0.00%
2017	1.83%	0.00%
2016	1.48%	0.00%
2015	1.58%	0.00%
2014	3.20%	0.00%
2013	4.10%	0.00%
2012	2.02%	0.00%
2011	1.17%	0.00%
2010	0.99%	0.00%
2009	3.74%	0.00%