UI vs. GREK

Last updated Jun 13, 2026

UI (Ubiquiti Inc.) is a stock, while GREK (Global X MSCI Greece ETF) is Emerging Markets Equities fund tracking the MSCI All Greece Select 25-50. Over the past 10 years, UI returned 31.83%/yr vs 16.01%/yr for GREK. At a 0.25 correlation, their price movements are largely independent.

Performance

UI vs. GREK - Performance Comparison

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

Returns By Period

In the year-to-date period, UI achieves a 6.65% return, which is significantly lower than GREK's 15.45% return. Over the past 10 years, UI has outperformed GREK with an annualized return of 31.83%, while GREK has yielded a comparatively lower 16.01% annualized return.

UI

• 1D: 1.20%
• 1M: -11.32%
• YTD: 6.65%
• 6M: 5.14%
• 1Y: 48.81%
• 3Y*: 49.97%
• 5Y*: 14.06%
• 10Y*: 31.83%

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

UI vs. GREK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UI Ubiquiti Inc.	6.65%	67.72%	141.15%	-48.23%	-9.99%	10.83%	48.49%	91.65%	40.69%	22.87%
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%

Correlation

The correlation between UI and GREK is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since Dec 8, 2011	0.25

Return for Risk

UI vs. GREK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UI

UI Risk / Return Rank: 67
UI Sharpe Ratio Rank: 69
UI Sortino Ratio Rank: 67
UI Omega Ratio Rank: 69
UI Calmar Ratio Rank: 64
UI Martin Ratio Rank: 65

GREK

GREK Risk / Return Rank: 49
GREK Sharpe Ratio Rank: 54
GREK Sortino Ratio Rank: 57
GREK Omega Ratio Rank: 51
GREK Calmar Ratio Rank: 41
GREK Martin Ratio Rank: 40

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.

UI vs. GREK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ubiquiti Inc. (UI) 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.

	UI	GREK	Difference
Sharpe ratio: Return per unit of total volatility	0.79	1.59	-0.80
Sortino ratio: Return per unit of downside risk	1.45	2.38	-0.93
Omega ratio: Gain probability vs. loss probability	1.20	1.28	-0.08
Calmar ratio: Return relative to maximum drawdown	1.01	1.82	-0.81
Martin ratio: Return relative to average drawdown	2.43	5.62	-3.19

UI vs. GREK - Sharpe Ratio Comparison

The current UI Sharpe Ratio is 0.79, which is lower than the GREK Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of UI and GREK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UI vs. GREK - Drawdown Comparison

The maximum UI drawdown since its inception was -77.49%, roughly equal to the maximum GREK drawdown of -79.50%. Use the drawdown chart below to compare losses from any high point for UI and GREK.

Drawdown Indicators

	UI	GREK	Difference
Max Drawdown Largest peak-to-trough decline	-77.49%	-79.50%	+2.01%
Max Drawdown (1Y) Largest decline over 1 year	-48.52%	-21.32%	-27.20%
Max Drawdown (3Y) Largest decline over 3 years	-48.52%	-22.63%	-25.89%
Max Drawdown (5Y) Largest decline over 5 years	-69.44%	-30.46%	-38.98%
Max Drawdown (10Y) Largest decline over 10 years	-72.21%	-57.04%	-15.17%
Current Drawdown Current decline from peak	-45.64%	-1.44%	-44.20%
Average Drawdown Average peak-to-trough decline	-26.55%	-45.25%	+18.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.16%	6.90%	+13.26%

Volatility

UI vs. GREK - Volatility Comparison

Ubiquiti Inc. (UI) has a higher volatility of 11.58% compared to Global X MSCI Greece ETF (GREK) at 8.69%. This indicates that UI'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.

Volatility by Period

	UI	GREK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.58%	8.69%	+2.89%
Volatility (6M) Calculated over the trailing 6-month period	40.18%	20.65%	+19.53%
Volatility (1Y) Calculated over the trailing 1-year period	62.03%	24.35%	+37.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.64%	24.44%	+24.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.98%	29.71%	+18.27%

Dividends

UI vs. GREK - Dividend Comparison

UI's dividend yield for the trailing twelve months is around 0.54%, less than GREK's 3.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
UI Ubiquiti Inc.	0.54%	0.51%	0.72%	1.72%	0.88%	0.65%	0.50%	0.58%	0.50%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UI and GREK in my portfolio?

UI and GREK have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UI or GREK?

UI has higher volatility (11.58%) compared to GREK (8.69%). In terms of maximum drawdown, UI dropped -77.49% vs GREK's -79.50%.

Which has better risk-adjusted returns?

GREK currently has the higher Sharpe Ratio (1.59 vs 0.79), 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.