ARGT in Focus The impact of the monetary crisis was clearly reflected in declining interest in Global X FTSE Argentina 20 ETF ( ARGT ), the only ETF focused on this Latin American nation (see all the Latin American Equity ETFs here ). Also, we currently have a Zacks ETF Rank of 5 or 'Strong Sell' rating on ARGT, so we are looking for weakness over the long term too. The government needs to take some serious fiscal and monetary tightening steps to reduce inflation, and until then ARGT is a definite avoid.