Global X MSCI Norway ETF (NORW)
Description
The investment seeks to track the performance of the MSCI Norway IMI 25/50 Index. The NORW ETF contains 67 constituents. It is focused on blend holdings in the Europe region.
Price $23.00 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 2.42% |
| Expense ratio | 0.5% |
| Average spread | 0.261% |
| 1Y roundtrip cost | 0.761% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -2.1% | 2.6% | 4.2% | -8.3% | 3.6% | -12.1% | 7.7% | -3.2% | -19.7% | 5.2% | -22.1% | ||
| 2021 | 0.1% | 0.9% | 3.3% | 5.5% | 4.5% | -1.3% | 4.0% | 2.3% | -5.1% | 4.5% | -9.0% | 3.8% | 13.5% |
| 2020 | -0.2% | -6.2% | -9.8% | 5.7% | 6.2% | 4.2% | 8.8% | 6.4% | -1.4% | -4.8% | 13.5% | 3.4% | 25.8% |
| 2019 | 5.1% | 1.5% | 0.8% | 2.6% | -6.5% | 7.1% | -4.4% | -1.8% | 2.8% | 1.3% | 0.8% | 5.2% | 14.4% |
| 2018 | 5.5% | -4.1% | -1.7% | -1.6% | -1.7% | -0.7% | 4.7% | -0.6% | 1.2% | -9.2% | 0.4% | -2.4% | -10.1% |
| 2017 | 4.6% | -0.6% | 3.2% | 5.3% | 5.0% | 0.9% | 2.9% | 1.7% | 1.8% | -1.3% | -2.7% | 1.3% | 22.1% |
| 2016 | -4.2% | -3.0% | 6.0% | 2.4% | -1.4% | -3.7% | 2.6% | -2.1% | -0.1% | -6.2% | -2.9% | 4.9% | -7.6% |
| 2015 | 2.9% | 5.7% | -0.8% | 2.0% | 0.6% | -4.0% | 2.0% | -5.8% | -4.0% | 2.8% | 0.3% | -1.1% | 0.7% |
| 2014 | -4.2% | 8.9% | 0.7% | 1.4% | 0.6% | -0.2% | -2.0% | 0.1% | -2.7% | -1.7% | -0.6% | -5.7% | -5.3% |
| 2013 | 8.4% | -0.3% | -1.1% | 3.9% | -1.9% | -5.3% | 8.7% | -2.0% | 7.3% | 3.2% | 1.4% | 3.5% | 25.7% |
| 2012 | 7.3% | 11.8% | -1.2% | -2.0% | -13.5% | 7.1% | 5.2% | 2.7% | 3.6% | -1.1% | 2.9% | 4.6% | 27.4% |
| 2011 | 3.3% | 1.1% | 1.5% | 7.4% | -4.4% | -5.0% | -5.4% | -10.6% | -12.4% | 13.0% | -3.5% | -3.2% | -18.2% |
| 26.5% | 18.3% | 5.3% | 24.3% | -8.9% | -12.9% | 34.7% | -13.1% | -28.7% | 5.5% | 0.8% | 14.3% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.56 | 0.56 | |||||||||||
| 2021 | 0.31 | 0.31 | |||||||||||
| 2020 | 0.12 | 0.18 | 0.31 | ||||||||||
| 2019 | 0.52 | 0.02 | 0.54 | ||||||||||
| 2018 | 0.69 | 0.69 | |||||||||||
| 2017 | 0.83 | 0.83 | |||||||||||
| 2016 | 0.72 | 0.72 | |||||||||||
| 2015 | 0.63 | 0.63 | |||||||||||
| 2014 | 0.85 | 0.85 | |||||||||||
| 2013 | 0.63 | 0.63 | |||||||||||
| 2012 | 0.49 | 0.49 | |||||||||||
| 2011 | 0.59 | 0.59 | |||||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.52 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.63 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Equinor ASA | 13.58% |
| DNB Bank ASA | 11.69% |
| Mowi ASA | 6.57% |
| Telenor ASA | 5.76% |
| Norsk Hydro ASA | 4.86% |
| Yara International ASA | 4.43% |
| TOMRA Systems ASA | 3.65% |
| Orkla ASA | 3.62% |
| Gjensidige Forsikring ASA | 2.61% |
| Storebrand ASA | 2.60% |
| Schibsted ASA Class B | 2.44% |
| Bakkafrost P/F | 2.42% |
| Adevinta ASA | 2.38% |
| Nordic Semiconductor ASA | 2.28% |
| SalMar ASA | 2.25% |
| Top 15 Weights | 71.14% |
Compare with similar ETFs
| NORW | FNOV | KOKU | LCR | UFEB | USEP | |
|---|---|---|---|---|---|---|
| Product name | Global X MSCI Norway ETF | FT Cboe Vest U.S. Equity Buffer ETF - November | Xtrackers MSCI Kokusai Equity ETF | Leuthold Core ETF | Innovator S&P 500 Ultra Buffer ETF February Series | Innovator S&P 500 Ultra Buffer ETF September Series |
| Issuer | Global X | FT Cboe Vest | Xtrackers | Leuthold | Innovator | Innovator |
| Price | $23 | $33.7703 | $65.6427 | $27.9081 | $26.066 | $25.581 |
| Expense Ratio | 0.5% |  0.85% |  0.09% | 0.79% | 0.79% | 0.79% |
| Average Spread | 0.261% | 0.326% | 0.396% | 0.287% | 0.345% | 0.195% |
| AUM | $0 | $119,870,000 | $509,156,000 | $14,525,300 | $24,766,900 | $60,685,500 |
| Shares | 0 | 3,549,559 | 7,756,477 | 520,470 | 950,161 | 2,372,288 |
| Average Daily Volume | 19,770 | 56,050 | 340 | 19,764 | 14,467 | 150,277 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2010-11-09 | 2019-11-15 | 2020-04-08 | 2020-01-06 | 2020-02-03 | 2019-09-03 |
| Index Tracked | MSCI Norway IMI 25/50 Index | No Underlying Index | MSCI Kokusai Index | No Underlying Index | No Underlying Index | No Underlying Index |
| Category | Europe Equities | Large Cap Blend Equities | Large Cap Growth Equities | Diversified Portfolio | Volatility Hedged Equity | Volatility Hedged Equity |
| Asset Class | Equity | Equity | Equity | Multi-Asset | Equity | Equity |
| Asset Class Size | Large/Mid/Small Caps | Large Caps | ||||
| Value or Growth | Blend | Blend | Blend | Blend | Blend | Blend |
| Region | Europe | North America | North America | North America | North America | |
| Countries | U.S. | Broad | Broad | U.S. | U.S. | |
| Annual Dividend Rate | $0.557 | $0 | $1.633 | $0.067 | $0 | $0 |
| Annual Dividend Yield | 0.024% | 0.000% | 0.025% | 0.002% | 0.000% | 0.000% |
| Number of Holdings | 67 | 0 | 1248 | 0 | 0 | |
| YTD Return | -23.01% | -13.37% | -23.46% | -11.66% | -6.77% | -10.84% |
| Beta | 1.05 | 0.65 | 0.95 | 0.55 | 0.35 | 0.34 |
| Upside Beta | 0.06 | 0.46 | 0.50 | 0.38 | 0.25 | 0.19 |
| Downside Beta | 0.01 | 0.08 | -0.18 | 0.07 | 0.04 | 0.03 |
| Volatility 1Y | 28.42% | 15.66% | 22.00% | 11.67% | 7.52% | 7.83% |
| Sharpe Ratio 3Y | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | -0.08 |
| Treynor Ratio 3Y | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |