Product ResearchEmerging MarketsGreece
Why Greece? Why GREK?
The Greek economy is undergoing an impressive turnaround, and we see additional runway for potential growth.
P
Paul Dmitriev
Oct 4, 20241 min read
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SEI Investments Distribution Co. (1 Freedom Valley Drive, Oaks, PA, 19456) is the distributor for the Global X Funds.
Check the background of SIDCO and Global X's Registered Representatives on FINRA's BrokerCheck.
MSCI Greece ETF
ARGT invests in among the largest and most liquid securities with exposure to Argentina, offering retail investors a convenient way to gain targeted exposure to Argentina's equity market and its largest companies within a single, cost-efficient ETF.
COLO invests in among the largest and most liquid Colombian securities, offering retail investors a convenient way to gain targeted exposure to Colombia's equity market and its companies within a single, cost-efficient ETF.
NDIA is an actively managed ETF designed to offer investors direct exposure to the Indian economy, screening for companies with quality business models and management teams and focusing on domestic-driven growth over a 4–5 year investing horizon.
GREK can complement international allocations with concentrated single-country exposure to Greece, an economy advancing through one of the world's most compelling turnarounds, where fiscal reform, banking-sector repair, and EU Recovery and Resilience Facility disbursements reinforce one another to reshape the country's growth outlook.
Because Greek equities represent only a fractional share of global and emerging-market benchmarks, GREK offers a vehicle that may access a market that individual investors may find challenging to reach directly.
Greece is expected to continue its robust economic recovery and grow ahead of Western European peers.
The ETF targets exposure to a single country.
The first and only U.S.-listed ETF to directly target Greek stocks
Why Greece? Why GREK?
The Greek economy is undergoing an impressive turnaround, and we see additional runway for potential growth.
Paul Dmitriev
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.
As of Nov 13, 2026
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 15.14% | ETE GA | NATIONAL BANK OF GREECE | BG087C6 | $18.94 | 2,629,094 | $49,805,237 |
| 12.26% | EUROB GA | EUROBANK SA | BW9DW63 | $5.32 | 7,586,309 | $40,321,559 |
| 11.08% | TPEIR GA |
Holdings are subject to change. "Cash" denotes U.S. dollars.
Nov 13, 2026
30-Day SEC Yield
2.35%
Distribution Frequency
Semi-Annually
Record Date | Payable Date | Amount | |
|---|---|---|---|
| Dec 30, 2026 | Dec 30, 2026 | Jan 7, 2027 | - |
| Jun 29, 2026 | Jun 29, 2026 | Jul 7, 2026 | $0.55 |
Metric | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception |
|---|---|---|---|---|---|
Fund NAV | +31.86% | +38.20% | +27.52% | +16.98% | +6.03% |
Market Price | +31.09% | +37.96% | +27.22% | +16.97% | +5.96% |
Index | +32.65% | +39.10% | +28.35% | +17.75% | +6.87% |
As of Nov 13, 2026
As of Nov 13, 2026
As of Nov 13, 2026
As of Nov 13, 2026
As of Oct 31, 2026
| Sector | Weight (%) |
|---|---|
Financials | 49.40% |
Industrials | 18.49% |
Consumer Discretionary | 8.22% |
Energy | 7.87% |
Utilities | 7.85% |
Communication Services | 3.61% |
Materials | 2.45% |
Consumer Staples | 1.33% |
Real Estate | 0.79% |
| Sector | Weight (%) |
|---|---|
Financials | 49.40% |
Industrials | 18.49% |
Consumer Discretionary | 8.22% |
Energy | 7.87% |
Utilities | 7.85% |
Source: AltaVista Research, LLC
All Sector, Industry, Commodity and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
As of Oct 31, 2026
The Global X MSCI Greece ETF (GREK) invests in among the largest and most liquid companies in Greece.
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.
The Index is designed to track the performance of the largest and most liquid companies in the Greek equity market, encompassing securities classified in Greece under the MSCI Global Investable Market Index Methodology as well as companies headquartered or listed in Greece that conduct the majority of their operations domestically.
Highlights
As of Nov 13, 2026
As of Nov 13, 2026
| PIRAEUS BANK SA |
| BVLKBV3 |
| $11.02 |
| 3,306,319 |
| $36,437,104 |
| 7.28% | ALPHA GA | ALPHA BANK SA | BTJZ707 | $5.23 | 4,578,910 | $23,948,316 |
| 4.61% | MOH GA | MOTOR OIL (HELLAS) SA | 5996234 | $68.48 | 221,330 | $15,156,246 |
| 4.53% | PPC GA | PUBLIC POWER CORP | 7268298 | $25.38 | 587,395 | $14,910,607 |
| 4.19% | GEKTERNA GA | GEK TERNA SA | 4421704 | $46.36 | 297,203 | $13,777,666 |
| 4.17% | MTLN GA | METLEN ENERGY & METALS | BSY6B51 | $50.61 | 271,100 | $13,721,512 |
| 3.88% | OPTIMA GA | OPTIMA BANK SA | BL571C1 | $16.41 | 777,820 | $12,762,677 |
| 3.79% | BELA GA | JUMBO SA | 7243530 | $29.44 | 422,782 | $12,447,654 |
What is Premium/Discount Chart?
The Premium/Discount chart demonstrates the difference between the daily market price of shares of the Fund and the Fund's net asset value (NAV). The vertical axis of the chart shows the premium or discount of the daily market price as a percentage of the NAV. The horizontal axis shows each trading day in the time period, and each data point in the chart represents the Premium/Discount on that day. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
How can the Fund trade at a premium/discount to its NAV?
The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.
What causes these time discrepancies?
Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.
Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.
International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.
| 3.61% |
Materials | 2.45% |
|---|
Consumer Staples | 1.33% |
|---|
Real Estate | 0.79% |
|---|
| Industry | Weight (%) |
|---|---|
Banks | 48.29% |
Capital Goods | 13.19% |
Energy | 9.80% |
Utilities | 7.95% |
Consumer Discretionary Distribution & Retail | 4.61% |
Consumer Services | 3.72% |
Transportation | 3.70% |
Telecommunication Services | 3.65% |
Materials | 2.48% |
Equity Real Estate Investment Trusts (Reits) | 0.80% |
Household & Personal Products | 0.70% |
Other | 1.12% |
As of Nov 13, 2026
Source: AltaVista Research, LLC