GREK

Global X MSCI Greece ETF
N/A

79
*Unless otherwise stated, data provided by FactSet.

GREK Fund Description

The Global X MSCI Greece fund tracks a market-cap-weighted index of about 15 Greek firms.

GREK Factset Analytics Insight

GREK is the sole ETF choice for exposure to Greek equities. The fund is well established, with a solid asset base and a multiyear track record. Costs to hold and trade the fund are neither cheap nor outlandishly high.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 MSCI All Greece Select 25/50 Index from a FTSE index. The biggest impact was the deletion of a double-digit stake in Coca-Cola HBC. While the “All-Greece” index is more inclusive than standard MSCI methodology, the Swiss-based Coke bottler is still out of bounds. In all, GREK continues to provide extremely concentrated but reflective exposure to Greek equities in a viable wrapper.

GREK MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of September 17, 2018 the Global X MSCI Greece ETF MSCI ESG Fund Quality Score is 4.61 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. GREK ranks in the 58th percentile within its peer group and in the 20th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

GREK CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/17/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GREK -3.41% -10.26% -20.04% -13.18% -5.70% -14.28% --
GREK (NAV) -2.13% -9.42% -18.68% -12.72% -5.40% -14.19% --
MSCI All Greece Select 25/50 Index -- -- -- -- -- -- --
MSCI Greece IMI -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GREK Top 10 Countries

GREK Top 10 Sectors

GREK Top 10 Holdings [View All]

GREK Summary Data

Global X
12/07/11
Open-Ended Fund
0.59%
$313.54M
$3.97M
0.12%

GREK Portfolio Data

$2.53B
27.79
0.62
2.65%
12/28/18
29

GREK Index Data

Market Cap
Market Cap
MSCI Greece IMI

GREK Portfolio Management

0.59%
--
--
--

GREK Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

GREK Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

GREK Factset Analytics Block Liquidity

As of 09/18/18
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 2 out of 5.

GREK Tradability

469,529
$3.97M
340,718
$3.12M
0.12%
$0.01
0.10%
1.70% / -5.37%
None
34.00%
50,000
6.81
0.19%
9.57%
51,794
$8.27
2

GREK Sector/Industry Breakdown


GREK
Segment Benchmark
29.14%
34.86%
16.34%
5.87%
15.02%
20.09%
12.23%
9.63%
12.06%
14.41%
4.49%
4.99%
4.21%
3.72%
1.40%
1.28%

GREK TOP 10 HOLDINGS[View All]

13.04%
9.00%
7.49%
4.78%
4.54%
4.45%
4.32%
4.30%
3.33%
3.10%
58.35%

GREK Countries


GREK
Segment Benchmark
87.79%
100.00%
12.21%
--

GREK Regions


GREK
Segment Benchmark
87.79%
100.00%
12.21%
--

GREK Economic Development


GREK
Segment Benchmark
100.00%
100.00%

GREK Performance Statistics

0.98
0.88
0.89
0.87
0.25%
MSCI Greece IMI

GREK MSCI ESG Ratings

4.61 / 10
58.20
19.62
9.61%
4.27%
669.17

GREK BENCHMARK COMPARISON HOLDINGS

29
23
22
83.25%

GREK BENCHMARK COMPARISON SUMMARY


GREK
Segment Benchmark
29
23
$2.53B
$2.85B
27.79
28.98
0.62
0.65
2.60%
2.04%
High
--

GREK BENCHMARK COMPARISON MARKET CAP SIZE


GREK
Segment Benchmark
0.00%
0.00%
39.39%
47.54%
47.17%
44.10%
13.44%
8.36%