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GREK
Global X FTSE Greece 20 ETF

Price: $5.69
Change: $0.18 (-0.03%)
Category: Emerging Markets Equities
Last Updated:

Vitals

Investment Themes

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $4.50
  • 52 Week Hi $10.28
  • AUM $140.3 M
  • Shares 24.4 M

Analyst Report

This country-focused fund tracks an index comprised of the top 20 companies that are domiciled in Greece, making it the first ETF to dedicate itself to this nation. GREK, from Global X, has a unique risk/return profile they may attract some while scaring off others, as Greece’s economic history has been relatively unstable.

The ETF focuses the majority of its assets on three sectors, financial services, consumer cyclical, and consumer defensive. Note that the heavy allocation to banks makes this fund especially volatile given the instability of Greek banks during the euro zone crisis. Another noteworthy allocation is the market cap breakdown of the product. GREK has no giant or even large cap holdings; instead, the fund diverts the majority of its assets to small and mid cap firms with some micro cap exposure. GREK will be more volatile as a result because small and mid cap companies tend to exhibit more volatility than their large cap counterparts.

GREK would likely never be an integral part of your portfolio, but it could be effective as a satellite holding. Though the fund comes with a high risk, it also has a handsome upside potential that may fit well for investors who can stomach a bit of volatility.

Historical Trading Data

  • 1 Month Avg. Volume 1,085,704
  • 3 Month Avg. Volume 676,862

Alternative ETFs in the Emerging Markets Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPEM 0.11% $2.9 B 2 M -24.29%
Largest (AUM) VWO 0.12% $49.2 B 23 M -24.42%
Most Liquid (Volume) VWO 0.12% $49.2 B 23 M -24.42%
Top YTD Performer EMQQ 0.86% $384.0 M 140,533 -10.74%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.

27
Number of Holdings
66.77%
% Assets in Top 10
81.40%
% Assets in Top 15
100.00%
% Assets in Top 50
 
View Detailed Analysis
 
Number of Holdings
27
Rank
53 of 58
Low
HEEM (2)
High
SPEM (1693)
% Assets in Top 10
66.77%
Rank
51 of 58
Low
EWX (4.70%)
High
RWED (100.00%)
% Assets in Top 15
81.40%
Rank
8 of 58
Low
EWX (6.31%)
High
RWED (100.00%)
% Assets in Top 50
100.00%
Rank
12 of 58
Low
EWX (15.64%)
High
UAE (100.00%)

 
View Summary Analysis
 

Sector Breakdown

Asset Percentage
Common equity 99.39%
ETF Cash Component 0.61%
Sector Percentage
Communications 19.39%
Financials 19.37%
Consumer, Cyclical 14.65%
Energy 13.31%
Utilities 10.32%
Industrials 9.68%
Other 7.53%
Real Estate 2.99%
Consumer, Non-Cyclical 2.14%
ETF Cash Component 0.61%
Market Cap Percentage
Large cap 72.03%
Mid cap 12.55%
Small cap 7.55%
Micro cap 7.27%
ETF Cash Component 0.61%
Region Percentage
Europe 97.1%
North America 2.29%
ETF Cash Component 0.61%
Region Percentage
Emerging Markets 92.04%
Developed Markets (ex-US) 3.28%
United States 2.29%
Not-designated 1.78%
ETF Cash Component 0.61%
Country Percentage
Greece 92.04%
Belgium 3.28%
United States 2.29%
Monaco 1.78%
ETF Cash Component 0.61%
 
View Less Charts
 
Asset Percentage
Common equity 99.39%
ETF Cash Component 0.61%
 
View More Charts
 

GREK Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.

P/E Ratio
14.26
Rank
48 of 57
Low
NGE (4.8)
High
EMQQ (23.51)

GREK Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.

Dividend
$0.19
Dividend Date
2019-12-30
Annual Dividend Rate
$0.23

$0.19
Dividend
2019-12-30
Dividend Date
$0.23
Annual Dividend Rate
Annual Dividend Yield
3.96%
Rank
38 of 57
Low
EMQQ (1.47%)
High
EZA (21.86%)

GREK Fund Flows

View charts featuring ETF fund flow data.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for GREK on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Emerging Markets Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Sign Up for Pro to Unlock Data Sign Up
Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A n/a
Expenses C n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

GREK Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.

Expenses Ratio Analysis

ETF Average
0.542%
ETF Wtd. Average
0.19%
Category Average
0.53%
Expense Ratio
0.59%
Rank
30 of 58
Low
SPEM (0.11%)
High
EGPT (0.98%)
ESG Themes and Scores

GREK does not have an ESG score. There are no ESG themes that map to this ETF.

GREK Performance

This section shows how this ETF has performed relative to its peer group ETFdb.com Category.

2.52%
1 Week Return
-25.13%
4 Week Return
-43.83%
13 Week Return
-36.89%
26 Week Return
-43.83%
Year to Date Return
-30.14%
1 Year Return
-24.92%
3 Year Return
-42.56%
5 Year Return
 
View Detailed Analysis
 
1 Week Return
2.52%
Rank
49 of 57
Low
NGE (-5.50%)
High
ECOW (12.01%)
4 Week Return
-25.13%
Rank
48 of 58
Low
FLZA (-31.74%)
High
QAT (-8.58%)
13 Week Return
-43.83%
Rank
57 of 57
Low
GREK (-43.83%)
High
EMQQ (-10.74%)
26 Week Return
-36.89%
Rank
56 of 57
Low
NGE (-37.44%)
High
EMQQ (2.52%)
Year to Date Return
-43.83%
Rank
57 of 57
Low
GREK (-43.83%)
High
EMQQ (-10.74%)
1 Year Return
-30.14%
Rank
50 of 56
Low
NGE (-48.33%)
High
EMQQ (-5.36%)
3 Year Return
-24.92%
Rank
33 of 43
Low
TUR (-42.03%)
High
EMQQ (14.72%)
5 Year Return
-42.56%
Rank
30 of 34
Low
NGE (-72.66%)
High
EMQQ (38.48%)

 
View Summary Analysis
 

GREK Charts

GREK Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.

 
View Detailed Analysis
 
5 Day Volatility
287.64%
Rank
4 of 58
Low
NGE (44.52%)
High
RSXJ (325.12%)
20 Day Volatility
147.23%
Rank
2 of 58
Low
DBEM (64.24%)
High
ERUS (159.60%)
50 Day Volatility
96.82%
Rank
2 of 57
Low
DBEM (43.75%)
High
ERUS (103.53%)
200 Day Volatility
70.24%
Rank
2 of 57
Low
DBEM (32.18%)
High
ERUS (74.61%)
Beta
1.27
Rank
5 of 57
Low
NGE (0.17)
High
ECOW (3.02)
Standard Deviation
1.11%
Rank
54 of 56
Low
QAT (0.91%)
High
EZA (4.96%)

 
View Summary Analysis
 

Technicals

  • 20 Day MA $5.81
  • 60 Day MA $8.17
  • MACD 15 Period 0.26
  • MACD 100 Period -3.09
  • Williams % Range 10 Day 27.88
  • Williams % Range 20 Day 66.29
  • RSI 10 Day 45
  • RSI 20 Day 40
  • RSI 30 Day 39
  • Ultimate Oscillator 53

Bollinger Brands

  • Lower Bollinger (10 Day) $4.64
  • Upper Bollinger (10 Day) $6.22
  • Lower Bollinger (20 Day) $4.16
  • Upper Bollinger (20 Day) $7.47
  • Lower Bollinger (30 Day) $3.85
  • Upper Bollinger (30 Day) $9.41

Support & Resistance

  • Support Level 1 $5.58
  • Support Level 2 $5.48
  • Resistance Level 1 $5.82
  • Resistance Level 2 $5.96

Stochastic

  • Stochastic Oscillator %D (1 Day) 59.01
  • Stochastic Oscillator %D (5 Day) 58.11
  • Stochastic Oscillator %K (1 Day) 60.15
  • Stochastic Oscillator %K (5 Day) 62.58

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Download the fact sheet PDF

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Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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