GREK vs. VEXC
GREK (Global X MSCI Greece ETF) and VEXC (Vanguard Emerging Markets Ex-China ETF) are both Emerging Markets Equities funds - GREK tracks the MSCI All Greece Select 25/50 Index while VEXC tracks the FTSE Emerging ex China Index. Both are passively managed. Their 0.63 correlation means they have sometimes moved together and sometimes differently. GREK charges 0.56%/yr vs 0.07%/yr for VEXC.
Performance
GREK vs. VEXC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GREK achieves a 22.60% return, which is significantly higher than VEXC's 17.29% return.
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%
VEXC
- 1D
- 1.25%
- 1M
- -2.53%
- 6M
- 11.04%
- YTD
- 17.29%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.46M | $9.35M | $7.83M | |
| $2.10M | $2.14M | $2.87M |
GREK vs. VEXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GREK Global X MSCI Greece ETF | 22.60% | 2.65% |
VEXC Vanguard Emerging Markets Ex-China ETF | 17.29% | 4.50% |
Correlation
The correlation between GREK and VEXC is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025 | 0.63 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GREK vs. VEXC — Risk / Return Rank
GREK
VEXC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GREK vs. VEXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Greece ETF (GREK) and Vanguard Emerging Markets Ex-China ETF (VEXC). 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.
| GREK | VEXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.27 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | — | — |
| Martin ratioReturn relative to average drawdown | 5.27 | — | — |
Loading charts...
Drawdowns
GREK vs. VEXC - Drawdown Comparison
The maximum GREK drawdown since its inception was -79.50%, which is greater than VEXC's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for GREK and VEXC.
Loading charts...
Drawdown Indicators
| GREK | VEXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.50% | -12.42% | -67.08% |
Max Drawdown (1Y)Largest decline over 1 year | -21.32% | — | — |
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 | -0.62% | -6.04% | +5.42% |
Average DrawdownAverage peak-to-trough decline | -44.86% | -2.61% | -42.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.92% | — | — |
Volatility
GREK vs. VEXC - Volatility Comparison
Loading charts...
Volatility by Period
| GREK | VEXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.63% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.24% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.67% | 20.44% | +4.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.49% | 20.44% | +4.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.85% | 20.44% | +8.41% |
GREK vs. VEXC - Expense Ratio Comparison
GREK has a 0.56% expense ratio, which is higher than VEXC's 0.07% expense ratio.
Dividends
GREK vs. VEXC - Dividend Comparison
GREK's dividend yield for the trailing twelve months is around 2.43%, more than VEXC's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VEXC Vanguard Emerging Markets Ex-China ETF | 1.47% | 0.43% | 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 VEXC have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VEXC is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEXC is cheaper with a 0.07% expense ratio, compared with 0.56% for GREK.
GREK has the higher dividend yield at 2.43%, compared with 1.47% for VEXC.
GREK tracks MSCI All Greece Select 25/50 Index, while VEXC tracks FTSE Emerging ex China Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.56% for GREK and 0.07% for VEXC.
Find the right allocation for GREK and VEXC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer