Key facts · Global X MSCI Colombia ETF (COLO) · as of Oct. 29, 2026
- Ticker: COLO (NYSE Arca) — it traded as GXG until June 2025
- Price: $48.08 · 2026 so far: +35% · 1 year: +39%
- Dividend yield: about 4.2% (trailing)
- Expense ratio: 0.62% a year
- Assets: about $185 million
- Index: MSCI All Colombia Select 25/50
Sources: TradingView market data (delayed), ETF Database. Not investment advice.
If you want exposure to Colombia without picking individual stocks, the main U.S.-listed option is the Global X MSCI Colombia ETF. Many investors still look for it under its old ticker, GXG; since June 2025 it trades as COLO. It is the closest thing to a “Colombian peso ETF” for stocks: you own Colombian companies, and your dollar return rises and falls with both their share prices and the peso.
What COLO owns
The fund tracks an index of Colombian companies capped so that no single stock dominates. In practice it is concentrated in a few sectors: banks (Grupo Cibest/Bancolombia, Grupo Aval, Davivienda), energy (Ecopetrol) and utilities and infrastructure (ISA, GEB, Celsia). Check the fund’s website for current weights before investing.
Why COLO is up 35% in 2026
- The peso: the dollar has fallen about 16% against the peso this year, which adds directly to a dollar investor’s return. Why the peso is so strong →
- Banks and oil: its two biggest sectors benefited from high rates and high crude prices.
- Dividends: Colombian companies pay generous dividends; the fund’s trailing yield is about 4.2%.
COLO vs. buying EC or CIB directly
| COLO (ETF) | EC / CIB (single ADRs) | |
|---|---|---|
| Diversification | About 25 Colombian companies | One company each |
| Annual cost | 0.62% expense ratio | No fund fee |
| Dividend | ≈ 4.2% trailing yield | EC ≈ 3.8% (2026); CIB ≈ 6% ordinary |
| Trading volume | Lower; use limit orders | Higher |
| Main risk | Peso + Colombian economy | Company-specific + peso |
Risks
- Concentration: a few banks and Ecopetrol drive most of the return.
- Currency: a reversal in the peso can erase gains even if local stocks rise.
- Liquidity: with about $185 million in assets, spreads can be wider than for large ETFs.
- Politics and taxes: fiscal decisions in Colombia can move the whole market.
Related: ETFs explained, including dividend ETFs · Bancolombia (CIB) dividend 2026 · Colombia stock market today.
Frequently asked questions
What happened to the GXG ETF?
It changed its ticker. The Global X MSCI Colombia ETF traded as GXG until June 2025 and now trades as COLO.
Is there a Colombian peso ETF?
There is no widely traded U.S. ETF that holds only the peso. COLO holds Colombian stocks, so its dollar return includes the peso’s moves.
How much does COLO cost?
Its expense ratio is 0.62% a year, or $6.20 per $1,000 invested.
Does COLO pay dividends?
Yes. Its trailing dividend yield is about 4.2% as of Oct. 29, 2026.
Information only, not investment advice. Market data delayed.
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