Global X - MSCI Greece ETF
$80.94+0.08 (+0.10%)
- 0.56%
- $321M
- +27.1%
- 2.41%
- 0.1M sh
- $79.07
- low $60.53high $87.68
The ETF.net GREK Grade
C
Score 40 out of 100
- 11 of 12
Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D38 out of 100Rank 8 of 12Mission
Whether the fund did what it promised, tested against its stated mandate.B58 out of 100Rank 10 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D38 out of 100Rank 10 of 12Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D35 out of 100Rank 9 of 12Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F16 out of 100Rank 12 of 12Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 8 of 12
Our read on GREK
CGreece in one ticker. Launched in 2011 with Athens at the center of Europe's debt crisis, GREK is still the only US-listed ETF built to hold Greek stocks directly: roughly 30 names, with banks in the driver's seat.
The fund seeks to track, before fees and expenses, the price and yield performance of the MSCI All Greece Select 25/50 Index.
Why people hold it
- Global X calls it the first and only US-listed ETF that directly targets Greek stocks, so the exposure comes from Athens-listed companies, not a sliver of a broad Europe fund.globalxetfs.com
- The index reaches past the handful of giants: companies classified, headquartered or listed in Greece that do most of their business there, filtered by a minimum trading-liquidity screen.msci.com
- The 25/50 rule stops any one name from swallowing the fund: no single issuer above 25%, and all positions over 5% capped together at under half the index.msci.com
- The 0.56% fee sits right at the median for single-country Europe funds, so a hard-to-reach market costs no novelty premium.
Worth knowing
- About 30 stocks, concentrated in Greek shares and the financials sector, means one country's politics or one sector's stumble moves the whole fund.sec.gov
- The prospectus flags banking industry and currency risk: interest rates, regulation, credit conditions and the euro's path all show up in results.assets.globalxetfs.com
- Cheaper single-country Europe options exist (DAX at 0.20%), and GREK trades moderately rather than heavily, so order size and timing matter more here.
GREK Holdings
- Stocks
- 35
- 70%
- ETE.AT
Sectors
- Financials51.7%
- Industrials12.2%
- Utilities11.5%
- Energy9.1%
- Consumer Discretionary7.5%
- Communication3.5%
- Materials2.4%
- Consumer Staples1.2%
- Real Estate0.8%
Geography
- Greece92.13%
- Belgium5.50%
- Switzerland2.37%
Developed 8% · Emerging 92%
GREK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
GREK$12,707
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GREK |
|---|---|
| Year to date | +23.6% |
| 1 month | −7.6% |
| 3 months | +4.2% |
| 1 year | +27.1% |
| 3 years | +39.9% |
| 5 years | +28.0% |
| 10 years | +17.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GREK |
|---|---|---|
| 2026 YTD | +23.6% | |
| 2025 | +76.1% | |
| 2024 | +9.5% | |
| 2023 | +42.7% | |
| 2022 | +3.6% | |
| 2021 | +6.2% | |
| 2020 | −13.9% |
GREK in the news
GREK Dividends
- 2.41%
- $1.95
- $0.55 per share
- Twice a year
Distribution history
GREK Risk
- 17.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.85
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −30.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.83
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GREK Cost
0.56%
GREK0.56%
- The middle half of Europe Region funds
- Median 0.51%
7 of the 12 Europe Region funds charge less.
Other funds in Europe Region
- BEWLiShares MSCI Switzerland ETFExpense ratio 0.50%1 year return +7.9%
- BEWDiShares MSCI Sweden ETFExpense ratio 0.51%1 year return +11.5%
- CHEDJWisdomTree Europe Hedged Equity FundExpense ratio 0.58%1 year return +12.0%
- CFGMFirst Trust Germany AlphaDEX FundExpense ratio 0.80%1 year return −0.4%
- DFKUFirst Trust United Kingdom AlphaDEX FundExpense ratio 0.80%1 year return +17.6%