A smaller but compelling market where strong institutions and ambitious social reform coexist. Banks and utilities deliver serious dividends while the country builds toward a more equitable economy. The US-investable universe is narrow but high-conviction.
Banks and energy companies deliver through political cycles
Single-digit P/E ratios with 6–7% dividend yields at the index level
Tecnoglass exports premium building products to the US from Barranquilla
The primary ETF for Colombia exposure, also trading as COLO on some platforms. Small AUM means wider spreads, but the 6.9% yield and sub-10 P/E reflect genuine deep value. Holdings concentrated in banks and energy.
Colombia's national energy champion and largest enterprise. An integrated company spanning exploration, refining, electric power transmission, and toll road infrastructure. Up ~50% YTD in 2026 with a 6.6% yield.
Colombia's dominant bank, recently reorganized for strategic flexibility. 900+ branches with expansion across Central America. Hit an all-time high of $84.53 in January 2026. Formerly known as Bancolombia.
Colombia's largest financial holding company, controlling four major banks plus toll road concessions and infrastructure assets. A leveraged play on Colombia's financial system at single-digit earnings.
The standout growth story: headquartered in Barranquilla, manufactures premium architectural glass and windows for the US market. $978M in revenue, 44% gross margins, $1.1B backlog. Analyst consensus: Strong Buy, $80 target.
Latin American E&P with significant Colombian operations plus Vaca Muerta expansion in Argentina. 57% EBITDA margin with ambitious 2030 production targets. A dual-engine energy growth story.
Small-cap Colombian oil producer focused on the Putumayo and Middle Magdalena basins. Higher risk/reward profile — currently loss-making but with significant reserve potential. Speculative.
Holds the 40 largest LatAm stocks including Colombian heavyweights. For investors who find the direct Colombia options too narrow, ILF provides diversified regional exposure with embedded Colombia weight.
Broader LatAm diversification at just 0.19% expense ratio with 143 holdings. Lower cost alternative to ILF for long-term buy-and-hold investors seeking regional exposure including Colombia.
All prices reflect March–April 2026 data and may have moved materially. Treat these as directional reference points, not executable quotes. P/E ratios use trailing twelve months unless noted. Dividend yields are trailing and may include special distributions. “N/A” indicates data was not available from US financial data platforms at time of publication. Always verify current pricing and metrics through your brokerage before making investment decisions.