PLX.DE vs. GRX.DE
PLX.DE (Expat Poland WIG20 UCITS ETF) and GRX.DE (Expat Greece ASE UCITS ETF) are both Europe Equities funds from Expat - PLX.DE tracks the WIG20 Index while GRX.DE tracks the FTSE ATHEX Composite Index. Both are passively managed. Over the past 5 years, PLX.DE returned 7.28%/yr vs 19.18%/yr for GRX.DE. At a 0.36 correlation, their price movements are largely independent. Both charge a 1.38% expense ratio.
Performance
PLX.DE vs. GRX.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with PLX.DE having a 17.82% return and GRX.DE slightly lower at 17.31%.
PLX.DE
- 1D
- -0.19%
- 1M
- 2.77%
- 6M
- 14.98%
- YTD
- 17.82%
- 1Y
- 28.98%
- 3Y*
- 21.26%
- 5Y*
- 7.28%
- 10Y*
- —
GRX.DE
- 1D
- -0.34%
- 1M
- 1.13%
- 6M
- 10.97%
- YTD
- 17.31%
- 1Y
- 26.73%
- 3Y*
- 22.75%
- 5Y*
- 19.18%
- 10Y*
- —
PLX.DE vs. GRX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PLX.DE Expat Poland WIG20 UCITS ETF | 17.82% | 38.63% | -4.03% | 46.50% | -38.88% | 9.75% | -18.07% | 0.96% | -10.19% |
GRX.DE Expat Greece ASE UCITS ETF | 17.31% | 44.63% | 13.08% | 38.74% | -12.12% | 9.54% | -18.16% | 38.85% | -28.42% |
Correlation
The correlation between PLX.DE and GRX.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2018 | 0.36 |
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Return for Risk
PLX.DE vs. GRX.DE — Risk / Return Rank
PLX.DE
GRX.DE
PLX.DE vs. GRX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Expat Poland WIG20 UCITS ETF (PLX.DE) and Expat Greece ASE UCITS ETF (GRX.DE). 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.
| PLX.DE | GRX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.25 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 1.56 | +0.98 |
| Martin ratioReturn relative to average drawdown | 7.44 | 4.59 | +2.84 |
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Drawdowns
PLX.DE vs. GRX.DE - Drawdown Comparison
The maximum PLX.DE drawdown since its inception was -60.63%, which is greater than GRX.DE's maximum drawdown of -44.54%. Use the drawdown chart below to compare losses from any high point for PLX.DE and GRX.DE.
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Drawdown Indicators
| PLX.DE | GRX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.63% | -44.54% | -16.09% |
Max Drawdown (1Y)Largest decline over 1 year | -11.07% | -17.09% | +6.02% |
Max Drawdown (3Y)Largest decline over 3 years | -18.01% | -18.19% | +0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -55.50% | -27.66% | -27.84% |
Current DrawdownCurrent decline from peak | -0.19% | -2.70% | +2.51% |
Average DrawdownAverage peak-to-trough decline | -22.59% | -12.60% | -9.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.79% | 5.80% | -2.01% |
Volatility
PLX.DE vs. GRX.DE - Volatility Comparison
Expat Poland WIG20 UCITS ETF (PLX.DE) has a higher volatility of 5.22% compared to Expat Greece ASE UCITS ETF (GRX.DE) at 4.20%. This indicates that PLX.DE's price experiences larger fluctuations and is considered to be riskier than GRX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLX.DE | GRX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 4.20% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 19.40% | 17.17% | +2.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.60% | 20.40% | +4.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.88% | 20.26% | +7.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.16% | 21.53% | +4.63% |
PLX.DE vs. GRX.DE - Expense Ratio Comparison
Both PLX.DE and GRX.DE have an expense ratio of 1.38%.
Dividends
PLX.DE vs. GRX.DE - Dividend Comparison
Neither PLX.DE nor GRX.DE has paid dividends to shareholders.
Frequently Asked Questions
PLX.DE and GRX.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 1.38% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
PLX.DE and GRX.DE have the same expense ratio: 1.38% per year.
PLX.DE tracks WIG20 Index, while GRX.DE tracks FTSE ATHEX Composite Index.
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