ENORiShares MSCI Norway ETF

Grow my money14y track recordRanked #1,096 of 2,960 in this goal

Seeks to track the investment results of a broad-based index composed of Norwegian equities.

By iShares · Launched 2012

Annual Cost

0.53%

#2,737 of 5,562 · average

Fund Size

$111M

#2,828 of 5,562 · mid-size

Return (1Y)Goal

+19.9%

Track Record

14 years

#961 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,570+25.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Europe

Cap

Multi cap

Strategy

Index tracking

Index tracked

MSCI Norway IMI 25/50 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 60.9% of fundconcentrated

DNB Bank ASA

13.3%

Equinor ASA

10.5%

Mowi ASA

5.9%

Kongsberg Gruppen ASA

5.8%

Norsk Hydro ASA

5.5%

Telenor ASA

4.5%

Aker BP ASA

4.2%

Orkla ASA

4.2%

Storebrand ASA

3.7%

Yara International ASA

3.4%

Asset allocation

Stocks

99.1%

Cash

0.9%

By sector

Energy

28.0%

Financial Services

22.0%

Industrials

14.4%

Consumer Defensive

12.0%

Basic Materials

11.0%

Communication

6.6%

Technology

4.4%

Utilities

0.7%

Other

1.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

17.8%Moderate

Year-on-year price swings

Max drawdown

-54.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.77Decent risk-adjusted returns

Sortino (3Y)

1.11Good downside protection

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to track the investment results of a broad-based index composed of Norwegian equities.
Strategy: Tracks the MSCI Norway IMI 25/50 Index, a free float-adjusted market capitalization-weighted index measuring the performance of Norwegian equities across large-, mid-, and small-cap segments. The Fund employs a representative sampling strategy, investing at least 80% of its assets in the Index's component securities, while aiming to minimize tracking error and maintain low portfolio turnover.
Inception date: January 23, 2012
Fund family: iShares