AS vs. GREK
AS (Amer Sports, Inc) is a stock, while GREK (Global X MSCI Greece ETF) is Emerging Markets Equities fund tracking the MSCI All Greece Select 25/50 Index. Over the past year, AS returned -2.74% vs 36.74% for GREK. Their 0.33 correlation means their historical movements had little consistent relationship.
Performance
AS vs. GREK - Performance Comparison
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Returns By Period
In the year-to-date period, AS achieves a -4.93% return, which is significantly lower than GREK's 22.60% return.
AS
- 1D
- -1.63%
- 1M
- 1.31%
- 6M
- -3.06%
- YTD
- -4.93%
- 1Y
- -2.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 47.81%
GREK
- 1D
- -0.62%
- 1M
- 5.48%
- 6M
- 9.57%
- YTD
- 22.60%
- 1Y
- 36.74%
- 3Y*
- 32.40%
- 5Y*
- 27.82%
- 10Y*
- 17.36%
- ALL TIME*
- 6.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $145.99M | $126.51M | $148.20M | |
| $9.46M | $9.35M | $7.83M |
AS vs. GREK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AS Amer Sports, Inc | -4.93% | 33.58% | 108.66% |
GREK Global X MSCI Greece ETF | 22.60% | 76.11% | 4.16% |
Correlation
The correlation between AS and GREK is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024 | 0.33 |
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Return for Risk
AS vs. GREK — Risk / Return Rank
AS
GREK
AS vs. GREK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amer Sports, Inc (AS) and Global X MSCI Greece ETF (GREK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AS | GREK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.61 | ||
| Sortino ratioReturn per unit of downside risk | -2.13 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.27 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 1.71 | -1.90 |
| Martin ratioReturn relative to average drawdown | -0.34 | 5.27 | -5.61 |
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Drawdowns
AS vs. GREK - Drawdown Comparison
The maximum AS drawdown since its inception was -40.71%, smaller than the maximum GREK drawdown of -79.50%. Use the drawdown chart below to compare losses from any high point for AS and GREK.
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Drawdown Indicators
| AS | GREK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.71% | -79.50% | +38.79% |
Max Drawdown (1Y)Largest decline over 1 year | -28.78% | -21.32% | -7.46% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.32% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.04% | — |
Current DrawdownCurrent decline from peak | -15.37% | -0.62% | -14.75% |
Average DrawdownAverage peak-to-trough decline | -13.48% | -44.86% | +31.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.74% | 6.92% | +8.82% |
Volatility
AS vs. GREK - Volatility Comparison
Amer Sports, Inc (AS) has a higher volatility of 10.37% compared to Global X MSCI Greece ETF (GREK) at 7.63%. This indicates that AS's price experiences larger fluctuations and is considered to be riskier than GREK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AS | GREK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.37% | 7.63% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 30.37% | 21.24% | +9.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.02% | 24.67% | +17.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.93% | 24.49% | +24.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.93% | 28.85% | +20.08% |
Dividends
AS vs. GREK - Dividend Comparison
AS has not paid dividends to shareholders, while GREK's dividend yield for the trailing twelve months is around 2.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AS Amer Sports, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GREK Global X MSCI Greece ETF | 2.43% | 3.46% | 4.63% | 2.61% | 2.82% | 2.16% | 2.62% | 2.25% | 2.41% | 2.13% | 1.95% | 1.52% |
Frequently Asked Questions
AS and GREK have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AS has higher volatility (10.37%) compared to GREK (7.63%). In terms of maximum drawdown, AS dropped -40.71% vs GREK's -79.50%.
GREK currently has the higher Sharpe Ratio (1.48 vs -0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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