Global X FTSE Greece 20 ETF (NYSEArca: GREK)
Local Market YTD: 24.5%
ETF YTD: 19.3%
Comment: The Greece ETF includes the twenty largest securities listed on the Athens Stock Exchange. Part of GREK’s surge is attributable to a broader resurgence by Europe ETFs, but there is far more to it with GREK, the lone Greece ETF. On Nov. 27, 10 Greek companies, including some GREK constituents enter the MSCI Emerging Markets Index and investors have been bidding up Greek shares in anticipation of that move. [Run, Don’t Walk to the Greece ETF]