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Global X MSCI Greece ETF (GREK)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US37954Y3190

CUSIP

37954Y319

Issuer

Global X

Inception Date

Dec 7, 2011

Region

Developed Europe (Greece)

Leveraged

1x

Index Tracked

MSCI All Greece Select 25-50

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

GREK has an expense ratio of 0.58%, placing it in the medium range.


Expense ratio chart for GREK: current value is 0.58%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GREK: 0.58%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Global X MSCI Greece ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%NovemberDecember2025FebruaryMarchApril
45.79%
347.62%
GREK (Global X MSCI Greece ETF)
Benchmark (^GSPC)

Returns By Period

Global X MSCI Greece ETF had a return of 27.66% year-to-date (YTD) and 27.36% in the last 12 months. Over the past 10 years, Global X MSCI Greece ETF had an annualized return of 6.24%, while the S&P 500 had an annualized return of 10.11%, indicating that Global X MSCI Greece ETF did not perform as well as the benchmark.


GREK

YTD

27.66%

1M

2.27%

6M

30.33%

1Y

27.36%

5Y*

26.53%

10Y*

6.24%

^GSPC (Benchmark)

YTD

-6.06%

1M

-3.27%

6M

-4.87%

1Y

9.44%

5Y*

14.30%

10Y*

10.11%

*Annualized

Monthly Returns

The table below presents the monthly returns of GREK, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20256.65%2.92%10.31%5.43%27.66%
20245.16%2.98%-0.27%1.02%1.86%-3.10%7.97%-2.47%3.13%-8.15%-1.97%4.03%9.54%
202314.19%7.03%-6.76%3.19%8.52%9.86%5.22%-3.81%-11.58%1.29%11.11%1.05%42.72%
20227.15%-4.41%-1.85%-1.73%1.45%-10.33%1.14%-2.42%-9.36%13.20%10.41%3.14%3.64%
2021-8.88%7.20%6.31%7.87%-0.77%-1.63%-0.50%4.98%-7.08%3.77%-7.49%4.17%6.14%
2020-6.02%-21.74%-23.62%9.20%4.67%1.98%-0.46%4.93%-3.22%-10.44%28.84%12.75%-13.89%
20196.23%7.50%2.03%5.72%7.06%5.52%1.05%-4.87%1.52%5.68%0.61%4.01%50.20%
20189.73%-9.04%-5.46%10.00%-14.71%0.33%1.97%-6.34%-4.93%-7.00%-2.59%-5.89%-31.25%
2017-2.82%1.85%3.24%7.66%7.70%9.53%0.69%0.88%-7.89%-2.01%-1.62%15.14%34.80%
2016-11.18%-8.77%16.74%4.25%7.13%-14.03%3.87%-2.13%-2.31%1.39%8.93%0.16%-0.22%
2015-21.64%23.33%-14.90%12.16%-1.46%-17.41%-2.88%-5.83%4.46%9.26%-17.05%-7.25%-39.71%
2014-2.97%11.53%0.78%-5.62%-1.90%-1.10%-6.18%1.18%-12.97%-15.54%4.57%-17.67%-40.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 81, GREK is among the top 19% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of GREK is 8181
Overall Rank
The Sharpe Ratio Rank of GREK is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of GREK is 8282
Sortino Ratio Rank
The Omega Ratio Rank of GREK is 8383
Omega Ratio Rank
The Calmar Ratio Rank of GREK is 7373
Calmar Ratio Rank
The Martin Ratio Rank of GREK is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Global X MSCI Greece ETF (GREK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The chart of Sharpe ratio for GREK, currently valued at 1.13, compared to the broader market-1.000.001.002.003.004.00
GREK: 1.13
^GSPC: 0.46
The chart of Sortino ratio for GREK, currently valued at 1.56, compared to the broader market-2.000.002.004.006.008.00
GREK: 1.56
^GSPC: 0.77
The chart of Omega ratio for GREK, currently valued at 1.23, compared to the broader market0.501.001.502.00
GREK: 1.23
^GSPC: 1.11
The chart of Calmar ratio for GREK, currently valued at 0.69, compared to the broader market0.002.004.006.008.0010.0012.00
GREK: 0.69
^GSPC: 0.47
The chart of Martin ratio for GREK, currently valued at 4.68, compared to the broader market0.0020.0040.0060.00
GREK: 4.68
^GSPC: 1.94

The current Global X MSCI Greece ETF Sharpe ratio is 1.13. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Global X MSCI Greece ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
1.13
0.46
GREK (Global X MSCI Greece ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X MSCI Greece ETF provided a 3.63% dividend yield over the last twelve months, with an annual payout of $1.80 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$1.80$1.80$0.97$0.75$0.57$0.67$0.68$0.50$0.66$0.46$0.36$0.39

Dividend yield

3.63%4.63%2.61%2.82%2.16%2.62%2.25%2.41%2.13%1.95%1.52%0.97%

Monthly Dividends

The table displays the monthly dividend distributions for Global X MSCI Greece ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.12$0.00$0.00$0.00$0.00$0.00$1.68$1.80
2023$0.00$0.00$0.00$0.00$0.00$0.22$0.00$0.00$0.00$0.00$0.00$0.75$0.97
2022$0.00$0.00$0.00$0.00$0.00$0.06$0.00$0.00$0.00$0.00$0.00$0.69$0.75
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.57$0.57
2020$0.00$0.00$0.00$0.00$0.00$0.13$0.00$0.00$0.00$0.00$0.00$0.54$0.67
2019$0.00$0.00$0.00$0.00$0.00$0.13$0.00$0.00$0.00$0.00$0.00$0.56$0.68
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.50$0.50
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.66$0.66
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.46$0.46
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.36$0.36
2014$0.39$0.39

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-16.67%
-10.07%
GREK (Global X MSCI Greece ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Global X MSCI Greece ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X MSCI Greece ETF was 79.50%, occurring on Mar 18, 2020. The portfolio has not yet recovered.

The current Global X MSCI Greece ETF drawdown is 16.67%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-79.5%Mar 19, 20141511Mar 18, 2020
-54.38%Feb 21, 201272Jun 5, 2012158Jan 23, 2013230
-33.94%May 20, 201325Jun 24, 201382Oct 18, 2013107
-29.22%Feb 7, 201338Apr 3, 201330May 15, 201368
-14.02%Dec 12, 201118Jan 10, 20127Jan 20, 201225

Volatility

Volatility Chart

The current Global X MSCI Greece ETF volatility is 14.78%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
14.78%
14.23%
GREK (Global X MSCI Greece ETF)
Benchmark (^GSPC)