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GREK

MSCI Greece ETF

Reasons to Consider GREK

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Growth Potential

Greece is expected to continue its robust economic recovery and grow ahead of Western European peers.
 

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Targeted Exposure

The ETF targets exposure to a single country.

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Unique Offering

The first and only U.S.-listed ETF to directly target Greek stocks

Key Information

As of May 28 2025
Inception Date
12/07/11
Total Expense Ratio
0.57%
Net Assets
$245.80 million
NAV
$55.79
Fact Sheet

ETF Summary

The Global X MSCI Greece ETF (GREK) invests in among the largest and most liquid companies in Greece.

ETF Objective

The Global X MSCI Greece ETF (GREK) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Greece Select 25/50 Index.

Trading Details

As of May 28 2025
Ticker
GREK
Bloomberg Index Ticker
M1CXGXA
CUSIP
37954Y319
ISIN
US37954Y3190
Primary Exchange
NYSE Arca
Shares Outstanding
4,405,644
Number of Holdings
30
30-Day Median Bid-Ask Spread
0.67%

Distributions

As of May 28 2025
30-Day SEC Yield
3.01%
Distribution Frequency
Semi-Annually

ETF Prices

As of May 28 2025
NAV$55.79Daily Change$1.031.88%
Market Price$55.85Daily Change$0.831.51%

Performance History

Fund NAVMarket PriceIndex
1 Year21.39%22.82%22.10%
3 Years23.89%24.95%24.62%
5 Years25.91%25.94%26.62%
10 Years6.19%6.21%6.92%
Since Inception2.19%2.25%3.01%

The Fund's name, investment objective and investment strategies changed effective March 1, 2016. Fund performance prior to March 1, 2016 reflects the investment objective and strategies of the Fund when it was the Global X FTSE Greece 20 ETF, which tracked the FTSE/ATEHX Custom Capped Index. Therefore the Index consists of the FTSE/ATHEX Custom Capped Index from inception through February 29, 2016 and then the MSCI All Greece Select 25/50 Index thereafter.

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings

As of May 28 2025
Net Assets (%)TickerNameSEDOLMarket Price ($)Shares HeldMarket Value ($)
15.84ETE GANATIONAL BANK OF GREECEBG087C612.093,220,04938,940,465.98
12.23EUROB GAEUROBANK ERGASIABYZ43T43.169,497,80130,056,332.28
11.14ALPHA GAALPHA SERVICES ABZ1MXR73.378,126,25527,369,168.06
10.87TPEIR GAPiraeus FinancialBNC0DB06.873,890,19226,723,086.55
4.89MYTIL GAMETLEN ENERGY & METALS SA589866452.22230,24412,022,234.18
4.70OPAP GAOPAP SA710725023.08500,53511,551,678.01
4.46HTO GAHELLENIC TELECOM505160519.56560,42710,964,049.92
4.17BELA GAJUMBO SA724353033.00310,66210,252,407.78
3.90PPC GAPUBLIC POWER CORP726829815.36624,0129,584,451.94
3.27TITC GATITAN SABJ8PD9947.30170,1688,048,746.38

Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure

As of Apr 30 2025
SectorWeight (%)
Financials51.1
Industrials15.0
Consumer Discretionary11.5
Utilities6.4
Energy5.1
Communication Services4.9
Materials3.5
Real Estate1.4
Consumer Staples1.2

Source: AltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics

As of May 28 2025
Return on Equity12.60%
Weighted Avg. Market Cap6,111 M
20242025
Price-to-earnings9.839.28
Price-to-book value1.231.12

ETF Risk Stats

As of Apr 30 2025
VERSUSBETA
S&P 5000.71
NASDAQ-1000.48
MSCI EAFE0.90
MSCI Emg. Mkts0.69
Standard Deviation22.90%

ETF Research

Why Greece? Why GREK?

Five for Five: Five International ETFs and Top Themes Within Them

Views From the Ground: Greece

ETF Documents

Supplemental Tax Information
Fact Sheet
Index Methodology Summary
International Access Menu
Proxy Voting

Prospectus & Regulatory Information

Summary Prospectus
Statutory Prospectus
Statement of Additional Information
Annual Financial Statements*
Semi Annual Financial Statements**
Tailored Shareholders Report
Q1 Complete Holdings
Q3 Complete Holdings

* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.