The takeaway
Global X MSCI Greece ETF shows a pronounced seasonal pattern over 10 years of data — strongest in April (+5.2%) and softest in September (−3.2%).
Right now
In July, the fund has risen 70% of years, averaging +2.4% — essentially in line with the S&P 500.
The full picture
Global X MSCI Greece ETF's most dependable month has been April, higher in 9 of 10 years; September has been its least reliable, up just 30% of the time.
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Month by month
The fund's clearest edge over the S&P 500 lands in April (+3.6 pts); it has trailed the market most in September (−3.1 pts).
“vs S&P” is Global X MSCI Greece ETF’s average for a month minus the S&P 500’s average for that same month — isolating Global X MSCI Greece ETF’s own seasonal edge from broad market drift.
Reality check
Over the last 5 years, April has closed higher 80% of the time versus 90% across the last 10 years — the pattern is weakening.
Figures are the typical (median) April return and how often it rose — the last 5 years versus the last 10(the heatmap’s default window). This verdict stays anchored to that 10-year window even if you zoom the chart, so it never disagrees with the badges above.
In plain English
Strip the year back and a single month does the heavy lifting: April, up in 9 of 10 Aprils while the other eleven tend to blur together.
A typical April brings +3.6%, a shade under the +5.2% average. Crucially, the gain is the fund's own rather than a rising tide's: April has cleared the S&P 500 by +3.6 points above the index. That consistency sets it apart from the field, where the average stock manages April only about 55% of the time.
The strength clusters rather than stands alone — December–May forms a firm stretch that carries much of the year. The weaker half of the year is plainer: September has been the soft spot — the weakest of 6 months that average a loss (−3.2%), and the edge isn't year-round — the fund has trailed the S&P 500 in September, March, and February. Its roughest month on record was a −25.0% March in 2020 — a reminder of how hard even a seasonal name can fall.
The pattern has softened of late, April's last five years slipping below its longer-run record.
The takeaway is less about when to buy than what to expect: April aside, the fund's months offer little reliable tilt.
Short answers on the fund's best month (April), its worst (September), and whether it really trades seasonally.
Yes, to a pronounced degree. Since 2016 its best month (April, +5.2%) has run well ahead of its worst (September, −3.2%) — the heatmap above shows how steady that gap has been year to year.
April has been the strongest, averaging +5.2% and closing higher in 9 of 10 years since 2016.
It's the weakest, averaging −3.2% — historically a soft spot, though it still varies from year to year.
Explore
These names have the strongest July track records on record — a starting point for comparison.
Before you trade