How to invest in Greece using ETFs
How do I invest in Greek stocks?
The easiest way to invest in the Greek stock market is to invest in a broad market index. This can be done at low cost by using ETFs.
On the Greek stock market you'll find 1 index which is tracked by ETFs.
Besides ETFs on Greece, there are no regional ETFs available with significant weight of Greek stocks. Even the emerging markets indices MSCI Emerging Markets Europe and MSCI Emerging Markets EMEA hold less than 10% in Greece.
Performance of Greek stocks (MSCI Greece IMI + Coca-Cola 20/35)
Indices in comparison
The best indices for ETFs on Greece
For an investment in the Greek stock market, there is 1 index available which is tracked by 1 ETF. On the MSCI Greece IMI + Coca-Cola 20/35 index there is 1 ETF. The total expense ratio (TER) of ETFs on these indices is around 0,45% p.a..
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
| MSCI Greece IMI + Coca-Cola 20/35 | Griekenland | 1 ETF | 20 (30-11-2022) | The MSCI Greece IMI + Coca-Cola 20/35 index tracks large-, mid- and small-cap companies from Greece. The index also includes Coca-Cola Hellenic Bottling Company CDI. The weight of the largest constituent is constrained to 35% and the weights of all other constituents are constrained to a maximum of 20%. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| Amundi MSCI Greece UCITS ETF DistFR0010405431 | 129 | 0,45% p.a. | Distribueren | Frankrijk | Niet-gefinancierde swap |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI Greece IMI + Coca-Cola 20/35 | -5,06% | -7,41% | -2,60% | 18,86% | 58,66% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI Greece IMI + Coca-Cola 20/35 | 10,29% | 40,43% | 2,44% | 14,84% | -15,83% |
Source: justETF.com; As of 31-10-2024; Calculations in EUR based on the largest ETF of the respective index.
The cheapest Greece ETFs
by total expense ratio (TER)
| 1 | Amundi MSCI Greece UCITS ETF Dist | 0,45% p.a. |