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GREK vs. QURE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GREK vs. QURE

Last updated Jun 13, 2026

GREK (Global X MSCI Greece ETF) is Emerging Markets Equities fund tracking the MSCI All Greece Select 25-50, while QURE (uniQure N.V.) is a stock. Over the past 10 years, GREK returned 16.01%/yr vs 11.46%/yr for QURE. At a 0.17 correlation, their price movements are largely independent.

Performance

GREK vs. QURE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MSCI Greece ETF (GREK) and uniQure N.V. (QURE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with GREK having a 15.45% return and QURE slightly lower at 15.21%. Over the past 10 years, GREK has outperformed QURE with an annualized return of 16.01%, while QURE has yielded a comparatively lower 11.46% annualized return.

GREK

1D
0.87%
1M
5.63%
YTD
15.45%
6M
15.54%
1Y
38.63%
3Y*
32.67%
5Y*
24.30%
10Y*
16.01%

QURE

1D
2.80%
1M
-5.49%
YTD
15.21%
6M
41.31%
1Y
72.42%
3Y*
10.96%
5Y*
-5.23%
10Y*
11.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GREK vs. QURE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GREK
Global X MSCI Greece ETF		15.45%76.11%9.53%42.72%3.64%6.14%-13.89%50.20%-31.25%34.80%
QURE
uniQure N.V.		15.21%35.50%160.86%-70.14%9.31%-42.60%-49.58%148.65%47.12%249.82%

Correlation

The correlation between GREK and QURE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.15

Correlation (3Y)
Calculated over the trailing 3-year period

0.17

Correlation (5Y)
Calculated over the trailing 5-year period

0.24

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Feb 5, 2014

0.17

Compare stocks, funds, or ETFs

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

Global X MSCI Greece ETF

uniQure N.V.

Often compared with GREK:
GREK vs. VOOGREK vs. CLIXGREK vs. THDGREK vs. SPYGREK vs. LTC-USDGREK vs. EPIGREK vs. EWQ
Often compared with QURE:
QURE vs. ACETQURE vs. WMTQURE vs. DIGQURE vs. LACQURE vs. FBGRXQURE vs. ASQURE vs. ACMR

Return for Risk

GREK vs. QURE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GREK
GREK Risk / Return Rank: 4949
Overall Rank
GREK Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
GREK Sortino Ratio Rank: 5757
Sortino Ratio Rank
GREK Omega Ratio Rank: 5151
Omega Ratio Rank
GREK Calmar Ratio Rank: 4141
Calmar Ratio Rank
GREK Martin Ratio Rank: 4040
Martin Ratio Rank
QURE
QURE Risk / Return Rank: 7070
Overall Rank
QURE Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
QURE Sortino Ratio Rank: 8989
Sortino Ratio Rank
QURE Omega Ratio Rank: 9292
Omega Ratio Rank
QURE Calmar Ratio Rank: 6161
Calmar Ratio Rank
QURE Martin Ratio Rank: 5757
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GREK vs. QURE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Greece ETF (GREK) and uniQure N.V. (QURE). 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.

GREKQUREDifference
Sharpe ratioReturn per unit of total volatility
1.59
0.27

+1.33

Sortino ratioReturn per unit of downside risk
2.38
2.98

-0.60

Omega ratioGain probability vs. loss probability

1.28

1.45

-0.16

Calmar ratioReturn relative to maximum drawdown

1.82

0.83

+0.99

Martin ratioReturn relative to average drawdown

5.62

1.35

+4.27

GREK vs. QURE - Sharpe Ratio Comparison

The current GREK Sharpe Ratio is 1.59, which is higher than the QURE Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of GREK and QURE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

GREK vs. QURE - Drawdown Comparison

The maximum GREK drawdown since its inception was -79.50%, smaller than the maximum QURE drawdown of -95.40%. Use the drawdown chart below to compare losses from any high point for GREK and QURE.

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Drawdown Indicators

GREKQUREDifference

Max Drawdown

Largest peak-to-trough decline

-79.50%

-95.40%

+15.90%

Max Drawdown (1Y)

Largest decline over 1 year

-21.32%

-87.21%

+65.89%

Max Drawdown (3Y)

Largest decline over 3 years

-22.63%

-87.21%

+64.58%

Max Drawdown (5Y)

Largest decline over 5 years

-30.46%

-90.11%

+59.65%

Max Drawdown (10Y)

Largest decline over 10 years

-57.04%

-95.40%

+38.36%

Current Drawdown

Current decline from peak

-1.44%

-66.46%

+65.02%

Average Drawdown

Average peak-to-trough decline

-45.25%

-56.61%

+11.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.90%

53.75%

-46.85%

Volatility

GREK vs. QURE - Volatility Comparison

The current volatility for Global X MSCI Greece ETF (GREK) is 8.69%, while uniQure N.V. (QURE) has a volatility of 24.13%. This indicates that GREK experiences smaller price fluctuations and is considered to be less risky than QURE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GREKQUREDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.69%

24.13%

-15.44%

Volatility (6M)

Calculated over the trailing 6-month period

20.65%

92.07%

-71.42%

Volatility (1Y)

Calculated over the trailing 1-year period

24.35%

273.03%

-248.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.44%

154.02%

-129.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.71%

119.76%

-90.05%

Dividends

GREK vs. QURE - Dividend Comparison

GREK's dividend yield for the trailing twelve months is around 3.00%, while QURE has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
GREK
Global X MSCI Greece ETF		3.00%3.46%4.63%2.61%2.82%2.16%2.62%2.25%2.41%2.13%1.95%1.52%
QURE
uniQure N.V.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

GREK and QURE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QURE has higher volatility (24.13%) compared to GREK (8.69%). In terms of maximum drawdown, GREK dropped -79.50% vs QURE's -95.40%.

GREK currently has the higher Sharpe Ratio (1.59 vs 0.27), 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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