Global X MSCI Greece ETF

10-Year Study

GREK.US · · US · ETF

Executive Summary: Global X MSCI Greece ETF has compounded at 14.2% annually over the last 10 years, with a maximum drawdown of 47.1% and an annualized volatility of 23.7%.

1Y CAGR
+38.6%
3Y CAGR
+33.9%
5Y CAGR
+24.7%
10Y CAGR
+14.2%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
47.1%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.56
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.82
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
26.0%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +76.1%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -31.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202611.9-4.2-9.612.1————————8.6%
20256.72.910.35.411.17.14.34.32.1-3.45.03.076.1%
20245.23.0-0.31.01.9-3.18.0-2.53.1-8.1-2.04.09.5%
202314.27.0-6.83.28.59.95.2-3.8-11.61.311.11.042.7%
20227.1-4.4-1.8-1.71.5-10.31.1-2.4-9.413.210.43.13.6%
2021-8.97.26.37.9-0.8-1.6-0.55.0-7.13.8-7.54.26.1%
2020-6.0-21.7-23.69.24.72.0-0.54.9-3.2-10.428.812.8-13.9%
20196.27.52.05.77.15.51.0-4.91.55.70.64.050.2%
20189.7-9.0-5.510.0-14.70.32.0-6.3-4.9-7.0-2.6-5.9-31.2%
2017-2.81.83.27.77.79.50.70.9-7.9-2.0-1.615.134.8%
2016———4.27.1-14.03.9-2.1-2.31.48.90.25.5%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 23.7%. The dominant macroeconomic risk driver is VEA.US, accounting for 20.9% of variance. Idiosyncratic stock-specific factors contribute 22.3%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110424.988091503725
2016-05-0111168.659161409501
2016-06-019601.617231884562
2016-07-019973.452766837452
2016-08-019760.95872108559
2016-09-019535.220103865322
2016-10-019668.014359903802
2016-11-0110531.235114379655
2016-12-0110548.255550521068
2017-01-0110250.368872933439
2017-02-0110439.91727951855
2017-03-0110778.40902489747
2017-04-0111604.393944674868
2017-05-0112498.112067663495
2017-06-0113689.716868239748
2017-07-0113784.462026419433
2017-08-0113906.335320019052
2017-09-0112809.533767848223
2017-10-0112552.252158051886
2017-11-0112349.168728869681
2017-12-0114219.035005170028
2018-01-0115602.221370232242
2018-02-0114191.384057718447
2018-03-0113416.750897493988
2018-04-0114758.460841378828
2018-05-0112586.873932592101
2018-06-0112628.350353769476
2018-07-0112877.325061285188
2018-08-0112061.273570109095
2018-09-0111466.487748771393
2018-10-0110664.261731321087
2018-11-0110387.636076353792
2018-12-019775.713638423198
2019-01-0110384.905835744075
2019-02-0111164.12812380189
2019-03-0111390.85427485971
2019-04-0112042.568517421258
2019-05-0112892.602790654444
2019-06-0113604.556597306935
2019-07-0113746.81956014081
2019-08-0113078.026791212109
2019-09-0113277.218175269829
2019-10-0114031.461666260035
2019-11-0114116.854298095803
2019-12-0114682.885457692886
2020-01-0113798.752221951134
2020-02-0110798.392062551555
2020-03-018247.35979924018
2020-04-019005.901966935042
2020-05-019426.242840379677
2020-06-019612.712465000637
2020-07-019568.912434793721
2020-08-0110040.837428694247
2020-09-019717.332961555889
2020-10-018703.019529933894
2020-11-0111213.21436455102
2020-12-0112643.105271107084
2021-01-0111520.802109836999
2021-02-0112350.0981724815
2021-03-0113129.785182345217
2021-04-0114162.687486203571
2021-05-0114053.419771589231
2021-06-0113825.00900398499
2021-07-0113755.475003775866
2021-08-0114440.765396814333
2021-09-0113417.796521557282
2021-10-0113924.285199772285
2021-11-0112881.449467312628
2021-12-0113419.016416297793
2022-01-0114377.85368233941
2022-02-0113743.682687950924
2022-03-0113490.06076237612
2022-04-0113256.654235358355
2022-05-0113449.455694584829
2022-06-0112060.11176559432
2022-07-0112197.43705924041
2022-08-0111902.454892939713
2022-09-0110788.51672417599
2022-10-0112212.714788609668
2022-11-0113484.367920253739
2022-12-0113907.206673405133
2023-01-0115880.531641745962
2023-02-0116997.664772925305
2023-03-0115849.221010072844
2023-04-0116355.593507836371
2023-05-0117749.410384208753
2023-06-0119500.249787970675
2023-07-0120519.094257200282
2023-08-0119736.56082627537
2023-09-0117451.988428427034
2023-10-0117677.843226098776
2023-11-0119642.04802899864
2023-12-0119847.86169879056
2024-01-0120871.06293495056
2024-02-0121492.51216990229
2024-03-0121433.55059077759
2024-04-0121653.18973429531
2024-05-0122054.99982572932
2024-06-0121370.755056754148
2024-07-0123074.134746087624
2024-08-0122504.560082720476
2024-09-0123208.497438221042
2024-10-0121317.021597945928
2024-11-0120897.842529016067
2024-12-0121740.38316312897
2025-01-0123186.36506221463
2025-02-0123864.568447712987
2025-03-0126324.979958872118
2025-04-0127754.17378271932
2025-05-0130825.52019797149
2025-06-0133020.92409931105
2025-07-0134426.18475015394
2025-08-0135894.06666434305
2025-09-0136639.36426056951
2025-10-0135399.079850824295
2025-11-0137162.757194474456
2025-12-0138287.267784322605
2026-01-0142841.5414822302
2026-02-0141058.17155205466
2026-03-0137102.22717925482
2026-04-0141586.79260627607
Annual Return Matrix
YearAnnual Return
20170.34799872235439233
2018-0.3124910632213258
20190.5019758148379239
2020-0.13892229783193533
20210.06137029855820919
20220.0363804799071874
20230.4271637838492608
20240.09535140324228131
20250.7611128330643524
20260.08617812168108041
Total Factor Risk
0.2368630766840287
VTI.US Exposure
-0.0908524053480338
VEA.US Exposure
0.20886332615532027
VWO.US Exposure
0.18886029428954793
QQQ.US Exposure
0.06726797060471497
VTV.US Exposure
0.030765160068417792
IJR.US Exposure
0.05889966362451506
QUAL.US Exposure
-0.06173894977926464
SHV.US Exposure
0.11740494552032157
TLT.US Exposure
-0.009938073030560617
LQD.US Exposure
-0.029529458038042335
HYG.US Exposure
0.12311019061833788
GLD.US Exposure
-0.025031602355827565
USO.US Exposure
0.012013301982843554
VNQ.US Exposure
0.03843071073799112
BTC-USD.CC Exposure
-0.002201332013675517
CPER.US Exposure
0.03525577247966675
VIX.INDX Exposure
0.010077509768474241
UUP.US Exposure
0.10503777110401102
TIP.US Exposure
0.00028820244856224094
Idiosyncratic Exposure
0.22301700116267992
Value Score
46.4
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
38.5
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
23.7%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →8.9x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →3.21%
Market Cap$5.7B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+4.9%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+9.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
7.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.75
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Global X MSCI Greece ETF a high-risk investment?

Global X MSCI Greece ETF (GREK.US) has an annualized volatility of 23.7% and experienced a maximum drawdown of 47.1% over the last 10 years. Its primary macro risk driver is VEA.US.

What is the 10-year return of GREK.US?

Over the past 10 years, GREK.US has generated a Compound Annual Growth Rate (CAGR) of 14.2%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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