Global X - MSCI Greece ETF GREK AMEX · Financials · United States
$80.74 -0.96% -$0.78
Summary
Global X - MSCI Greece ETF is an ETF - a fund traded on an exchange like a stock - run by Global X. Positions inside: 36. The ten largest make up 71% of the fund.
- Yearly costs
- 0.56%
- Fund size
- $323.8M
- Positions
- 36
- Dividend yield
- 2.42%
- Running since
- 2011
What speaks for it
- Average yearly growth over the last ten years: 14%.
- It has been running since 2011.
What to watch
- The ten largest positions make up 71% of the fund, so its result rests on a few names.
- 51% of the fund is in one sector (Financials).
- 95% of the fund is in one country (Greece).
- Costs of 0.56% a year are above the middle of comparable funds (0.45%).
- In the last five years its price once dropped by 31% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.0%
- 3 months
- -2.3%
- This year
- +23%
- 1 year
- +25%
- 3 years
- +123%
- 5 years
- +189%
- 10 years
- +276%
- Avg. market cap
- $10.6B
- P/E
- 11.7x
- Forward P/E
- 10.8x
- P/S
- 1.9x
- P/B
- 1.6x
- P/FCF
- 7.7x
- EV/EBITDA
- -
- Dividend yield
- 2.06%
- ROIC
- -
- ROE
- 16.2%
- Gross margin
- -
- Operating margin
- 39.0%
- Net margin
- 42.4%
- Payout ratio
- 24.0%
- Net debt/EBITDA
- -
- Beta
- 0.88
Weighted average of the 24 largest companies, which make up 87% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 ETNational Bank of Greece S.A. ETE.AT 15%
- 2 EUEurobank S.A. EUROB.AT 12%
- 3 TPPiraeus Bank S.A. TPEIR.AT 11%
- 4 ALAlpha Bank S.A. ALPHA.AT 7.3%
- 5 PPPublic Power Corporation S.A. PPC.AT 4.8%
- 6 MOMotor Oil (Hellas) Corinth Refineries S.A. MOH.AT 4.5%
- 7 METLEN ENERGY & METALS 4.4%
- 8 GEGEK TERNA Holdings, Real Estate, Construction S.A. GEKTERNA.AT 4.1%
- 9 BEJumbo S.A. BELA.AT 4.0%
- 10 OPOptima bank S.A. OPTIMA.AT 3.6%
Positions in the fund: 36. The ten largest make up 71% of it.
Composition as of Nov 6, 2026.
Where is it spread?
One sector dominatesBy sector
- Financials 51%
- Utilities 12%
- Industrials 12%
- Energy 8.4%
- Consumer cyclical 8.2%
- Other 8.2%
By country
- Greece 95%
- Belgium 5.2%
By company size
- Large cap 58%
- Mid cap 31%
- Small cap 11%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 87% of the fund.
Largest sector: Financials (51%). Largest country: Greece (95%). Largest size group: Large cap (58%).
What does it cost me?
Expensive- A year from $10,000
- $56.00
- Over 20 years
- $2,691
From every $10,000 invested the fund takes $56.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,691.
How has it done?
Growing over the long run- A year on average, 10 years
- +14%
- Deepest drop
- -31%
- Yearly volatility
- 26%
Average yearly growth over the last ten years: 14%. Deepest drop in these years: 31% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.42%
- Payments a year
- 2
- Last payment
- $0.55
Over the last 12 months it paid $1.95 per share, which is 2.42% of today's price. The last payment was $0.55 on Jun 29, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $5.16M
- Shares a day
- 64K
On an average day about $5.16M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 11.7
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 55%
- Fairly valued 23%
- Overvalued 22%
On average the companies inside trade for 11.7 times their yearly profit. By Fair Price, 55% of the rated weight comes out as undervalued.
Counted from its largest companies (24), which make up 87% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
LY LYMH.DE Amundi MSCI Greece UCITS ETF Dist | France | 0.55% | $324.2M | +29% | Pays out | 77% |
GR GRE.PA Amundi MSCI Greece UCITS ETF Dist | France | 0.55% | $321.3M | +30% | Pays out | 77% |
GR GRX.DE Expat Greece ASE UCITS ETF | Bulgaria | 3.50% | $399.3K | +28% | Reinvests | 68% |