ETF Trends

In what could be a case of the baby being thrown out with the bathwater, the Global X MSCI Greece ETF (GREK) is lower by 7.80% this year, indicating Greek stocks have hampered by the coronavirus and speculation that other emerging markets are weakening. “The gradual and sustained improvement in Greece's manufacturing sector and the wider economy has fuelled renewed appetite to invest in government bonds, yields on which have fallen to record lows,” said IHS Markit in a recent note. GREK seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Greece Select 25/50 Index.