Global X MSCI Greece ETF (GREK)
| Assets | $298.80M |
| Expense Ratio | 0.57% |
| PE Ratio | 10.65 |
| Shares Out | 4.95M |
| Dividend (ttm) | $2.56 |
| Dividend Yield | 4.17% |
| Ex-Dividend Date | Jun 27, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 44.54% |
| Volume | 51,892 |
| Open | 61.52 |
| Previous Close | 61.08 |
| Day's Range | 61.08 - 61.54 |
| 52-Week Low | 38.15 |
| 52-Week High | 61.54 |
| Beta | 0.88 |
| Holdings | 31 |
| 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
71.99% of assets| Name | Symbol | Weight |
|---|---|---|
| National Bank of Greece S.A. | ETE | 15.45% |
| Eurobank Ergasias Services and Holdings S.A. | EUROB | 12.00% |
| ALPHA BANK SA | n/a | 10.14% |
| Piraeus Financial Holdings S.A. | TPEIR | 9.90% |
| Metlen Energy & Metals S.A. | MYTIL | 4.41% |
| Public Power Corporation S.A. | PPC | 4.36% |
| Jumbo S.A. | BELA | 4.32% |
| Organization of Football Prognostics S.A. | OPAP | 3.99% |
| Hellenic Telecommunications Organization S.A. | HTO | 3.86% |
| Motor Oil (Hellas) Corinth Refineries S.A. | MOH | 3.55% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.88253 | Jul 7, 2025 |
| Dec 30, 2024 | $1.67528 | Jan 7, 2025 |
| Jun 27, 2024 | $0.12149 | Jul 5, 2024 |
| Dec 28, 2023 | $0.75073 | Jan 8, 2024 |
| Jun 29, 2023 | $0.21742 | Jul 10, 2023 |
| Dec 29, 2022 | $0.69008 | Jan 9, 2023 |
Performance
GREK had a total return of 56.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.46%.
News
GREK: Still Worth Buying After A Sharp Rally
GREK offers access to the Greek market, with strong returns and around a 4.4% dividend yield. The Greek Exchange operates with limited depth, as the market is controlled by a few large-cap stocks. The...
These countries' stock markets are racing to new highs, outpacing US equity growth
Global markets have been outpacing US stocks (^DJI, ^IXIC, ^GSPC) and growing at massive rates year-to-date in 2025. Yahoo Finance markets and data editor Jared Blikre — who also hosts the Stocks In T...
GREK: Book Profits On This European Stalwart (Rating Downgrade)
Downgrading GREK to 'Hold' after a 60% rally, as technicals signal overbought conditions and resistance near the mid-$50s. Valuation remains attractive with a P/E just above 8x and a 6.2% yield, but u...
India is a compounding machine, plus 2 other emerging markets to consider: Strategist
merging markets may offer investors overlooked opportunities as market uncertainty rises. Malcolm Dorson, Global X senior portfolio manager and head of emerging markets strategy, joins Wealth to break...
Country ETFs Since 'Liberation Day'
Since President Trump's second term began with the Inauguration on January 20th, the S&P 500 ETF (SPY) is down 16.5% compared to a 6.2% drop for the all world ex US ETF (CWI). It's early, but the rest...
Undercovered ETFs: Managed Futures, India, Europe, Value +
The 'Undercovered' Dozen series highlights lesser-known ETFs featuring in-depth analyses and offering unique investment opportunities for investors. The Mount Lucas Managed Futures Index Strategy ETF,...
GREK: Check This Interesting Buying Opportunity
The Global X MSCI Greece ETF is recommended as a Buy due to its potential upside, despite reaching multi-year highs. GREK ensures diversification and exposure to the Greek stock market, which is curre...
GREK: Downgrading The Gem Of Europe To A Hold
GREK's spectacular performance is nearing its end due to a possible real estate bubble, with property values outpacing wage growth and housing becoming unaffordable. The EU's Recovery and Resiliency F...
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.