GREK

Global X MSCI Greece ETF
*Unless otherwise stated, data provided by FactSet.

GREK Fund Description

GREK tracks a market-cap-weighted index of about 15 Greek firms.

GREK Factset Analytics Insight

GREK is a well established ETF that tracks a market-cap weighted index of Greek equities. When the Athens stock market closed in late June 2015, GREK continued to trade in New York. During that period the ETF’s issuer used fair-value estimates of the dormant stocks— a reasonable step—which explains the large gap down in NAV vs. the frozen index when the market closed. The index caught up with the NAV when markets reopened in early August. The fund mostly traded at a premium during that time as APs were unable or unwilling to step in to drive the price down closure to NAV. Still, GREK functioned well during the crisis. GREK made a material change to its underlying index on March 1 2016, switching to the capped MSCI All Greece Select 25/50 Index from an FTSE index. In all, GREK continues to provide extremely concentrated but reflective exposure to Greek equities in a viable wrapper.

PERFORMANCE [as of 08/12/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GREK 14.18% 2.26% -5.09% -7.76% 0.37% -1.82% -1.53%
GREK (NAV) 13.33% 1.69% -6.79% -8.91% -0.56% -2.08% -1.57%
MSCI All Greece Select 25/50 Index 13.41% 1.89% -6.42% -8.31% -0.11% -- --
MSCI Greece IMI 14.54% 2.24% -7.24% -8.68% 2.29% -0.77% -3.94%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GREK Summary Data

Global X
12/07/11
Open-Ended Fund
0.56%
$116.88M
$696.40K
0.55%
N/A

GREK Portfolio Data

$3.43B
-5.61
0.94
2.56%
N/A
25

GREK Index Data

Market Cap
Market Cap
MSCI Greece IMI

GREK Portfolio Management

0.56%
-0.50%
-0.14%
-1.09%

GREK Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

GREK Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

GREK Factset Analytics Block Liquidity

As of 08/16/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GREK. GREK is rated a 1 out of 5.

GREK Tradability

29,890
$696.40K
16,041
$367.21K
0.55%
$0.13
-0.26%
3.45% / -4.06%
None
21.00%
50,000
0.32
0.04%
6.22%
3,630
$24.74
1

GREK Sector/Industry Breakdown


GREK
Segment Benchmark
31.99%
--
17.67%
--
14.78%
--
10.93%
--
7.49%
--
4.63%
--
4.18%
--
3.36%
--
2.97%
--
1.83%
--

GREK Top 10 Holdings[View All]

14.77%
10.93%
10.58%
8.89%
5.01%
4.80%
4.64%
4.63%
4.62%
4.37%
73.24%

GREK Countries


GREK
Segment Benchmark
95.69%
97.78%
2.69%
2.22%
1.62%
--

GREK Regions


GREK
Segment Benchmark
98.38%
100.00%
1.62%
--

GREK Economic Development


GREK
Segment Benchmark
100.00%
100.00%

GREK Performance Statistics

0.99
0.95
0.94
0.96
0.14%
MSCI Greece IMI

GREK Benchmark Comparison Holdings

25
19
19
86.28%

GREK Benchmark Comparison Summary


GREK
Segment Benchmark
25
19
$3.43B
$3.78B
-5.61
-5.60
0.94
0.91
1.98%
2.15%
High
High

GREK Benchmark Comparison Market Cap Size


GREK
Segment Benchmark
0.00%
0.00%
40.53%
46.41%
48.58%
50.70%
10.89%
2.90%