Global X MSCI Greece ETF (GREK)
| Assets | $179.91M |
| Expense Ratio | 0.57% |
| PE Ratio | 8.48 |
| Shares Out | 4.60M |
| Dividend (ttm) | $0.87 |
| Dividend Yield | 2.26% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Ratio | 19.32% |
| 1-Year Return | +5.11% |
| Volume | 12,225 |
| Open | 39.00 |
| Previous Close | 38.65 |
| Day's Range | 38.75 - 39.21 |
| 52-Week Low | 36.05 |
| 52-Week High | 44.14 |
| Beta | 1.14 |
| Holdings | 33 |
| Inception Date | Dec 7, 2011 |
About GREK
Fund Home PageThe Global X MSCI Greece ETF (GREK) is an exchange-traded fund that is based on the MSCI All Greece Select 25-50 index, a market-cap-weighted index of about 15 Greek firms. GREK was launched on Dec 7, 2011 and is issued by Global X.
Top 10 Holdings
67.00% of assets| Name | Symbol | Weight |
|---|---|---|
| National Bank of Greece S.A. | ETE | 12.64% |
| Eurobank Ergasias Services and Holdings S.A. | EUROB | 10.82% |
| Piraeus Financial Holdings S.A. | TPEIR | 7.08% |
| Alpha Services and Holdings S.A. | ALPHA | 6.88% |
| Metlen Energy & Metals S.A. | MYTIL | 6.83% |
| Jumbo S.A. | BELA | 4.95% |
| Public Power Corporation S.A. | PPC | 4.78% |
| Hellenic Telecommunications Organization S.A. | HTO | 4.50% |
| Titan Cement International S.A. | TITC | 4.27% |
| Organization of Football Prognostics S.A. | OPAP | 4.25% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | $0.122 | Jul 5, 2024 |
| Dec 28, 2023 | $0.751 | Jan 8, 2024 |
| Jun 29, 2023 | $0.217 | Jul 10, 2023 |
| Dec 29, 2022 | $0.690 | Jan 9, 2023 |
| Jun 29, 2022 | $0.061 | Jul 8, 2022 |
| Dec 30, 2021 | $0.572 | Jan 7, 2022 |
News
GREK ETF- One Of The Better Equity Pockets In Europe, But Has Its Fair Share Of Risks As Well
On a sequential basis, only Poland is delivering better growth than Greece with the economy expected to deliver increasing GDP growth in FY25. Housing related pressures appear to be leaving a mark on ...
Highest And Lowest Country ETF Dividend Yields
US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage poin...
GREK: Hidden Euro Growth For 7x Earnings
GREK is the only pure-play Greece ETF in the US, offering exposure to Greek equities at attractive valuations. The fund is concentrated in financials and mid-caps, with strong recent performance but m...
GREK ETF: Almost Ideal
The Global X MSCI Greece ETF has delivered strong returns of 33% in the past year, outperforming Eurozone stocks by 3.6x. Greece is expected to grow at 2x the pace of Europe this year. Investments in ...
GREK: A Surprise Winner
Greece's economy is showing strong signs of recovery and growth, making it an opportune time to consider investing in Global X MSCI Greece ETF. The GREK ETF provides exposure to the Greek economy and ...
GREK: In Fine Fettle As Greece Rebounds
The Global X MSCI Greece ETF is the only diversified option for exposure to liquid stocks from Greece, covering around 26 stocks with a weighted average market-cap of $4bn. The macroeconomic backdrop ...
Buying Quality Amid Crisis - An 11-Year Review Of My Greek Stock Portfolio
A little over eleven years ago, I invested in a handful of Greek stocks and posted about the experience. This post is a follow-up to that one. While I initially bought the stocks above, I did not hold...
GREK: Still Cheap With Multiple Catalysts In The Pipeline
The Global X MSCI Greece ETF has outperformed the rest of the Euro area this year. With more catalysts on the horizon, the rally still has legs. At the current discount to book, the bank-heavy GREK ET...
GREK: A YTD Olympian, Eyeing More Gains Ahead
Greece's stock market is up nearly 40% in 2023, outperforming other major geographic equity areas. The MSCI Greece ETF (GREK) offers a solid value with improved technical trends and a low P/E ratio. R...
GREK: The Greek Turnaround Takes Shape As A Near-Term Catalyst Looms
The Global X MSCI Greece ETF offers investors low-cost exposure to the Greek turnaround story. With inflationary pressures retreating and the post-COVID tourism recovery in full swing, the Greek econo...
Greeks For Peaks: Why GREK Is Your Next Gem
The Greek economy has done much to move out of its critical situation, observed about 12 years ago. Today, the economy is reaping the benefits of the structural reforms and fiscal tightening.
3 Reasons Why GREK May Outperform The Stock Market
Exceptional country GDP growth rate, reaching 8.5% in 2021 while 2022 projections remain in the ballpark of 5%. The country is expecting an upgrade to investment grade, possibly by the end of this yea...
Strong Growth Potential For Greece
The Greek economy is universally projected to grow consistently in coming years. New tax cuts enhance the attractiveness of GREK.
Global X MSCI Greece ETF - A Mixed Bag
GREK's portfolio of stocks has traditionally proven to be one of the most volatile counters across Europe-based ETFs and its volume and spreads are a cause for concern.
International Report: Q4 2020
International equities had a strong performance in Q4. The Global X MSCI Colombia ETF was the best performing single-country ETF within the International Access family, returning 38.90% during the qua...
GREK: Greek Equities Are Relatively Undervalued And Offer Upside Into 2021
Greek equities struggled to regain lost ground in 2020, but 2021 should provide some support as tourism picks back up. With vaccine roll-outs, and the potential for reduced spread of COVID-19 followin...
Investing in Greece: A High Risk, High Reward Strategy
The Pros and Cons of Investing in the Troubled Greek Economy.
GREK: A Viable Way To Tap The Greek Rebound
GREK: A Viable Way To Tap The Greek Rebound
World’s Hottest Stock Market In 2019—Still A Buy For 2020?
The Greek stock market staged a big rally in 2019, beating the rest of the world.
3 ETFs Up At Least 30% This Year
There are roughly 2,400 exchange traded products listed in the U.S., including both exchange traded funds and exchange traded notes.
3 Europe ETFs Near Support as Brexit Deadline Nears
European stocks have been in a holding pattern ahead of the Oct. 31 Brexit deadline.
Inside The Greece ETF's Epic 2019 Rally
The Global X MSCI Greece ETF (NYSE: GREK), the only New York-listed exchange traded fund focusing on Greek equities, is up nearly 37% year to date, a performance that easily thumps the returns offered...
Big ETF Winners of 2019
CNBC's Bob Pisani breaks down the latest trends in the ETF market with WallachBeth's Andrew McOrmond and Nick Colas of DataTrek.
The Greece ETF Continues To Impress
The Global X MSCI Greece ETF (NYSE: GREK) is up 23 percent this year, underscoring the economic and equity market redemption stories happening in the once downtrodden Mediterranean economy.