Interestingly, we recently published a short note on neighboring Turkey, specifically regarding the ETF TUR (iShares MSCI Turkey Investable Market Index, Expense Ratio 0.60%) and recent put buying in the name on weakness there. If one quickly examines these two on a trailing one year chart, one will note a huge divergence in the returns of both products beginning in about August of 2013, almost mirror images of each other, resulting
in mass outperformance in Greece relative to Turkey to date during this time frame.

Global X FTSE Greece 20 ETF

For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at pweisbruch@streetonefinancial.com.

Street One Financial is an educational/research firm utilizing the Broker Dealer services of GWM Group Inc (RLCC) a FINRA registered Broker/Dealer. All trades are executed through GWM Group (RLCC) and cleared by Fidelity (NFS)DTC number 0226. Street One Financial LLC makes available products and services offered by GWM Group Inc., a registered broker-dealer and Member Securities Investor Protection Corporation (SIPC), Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

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