NORW

Global X MSCI Norway ETF
C

95
*Unless otherwise stated, data provided by FactSet.

NORW Fund Description

NORW tracks a market-cap-weighted index of Norwegian stocks.

NORW Factset Analytics Insight

NORW, the segment leader in assets and liquidity, changed its index in July 2014 to match that of its lone competing ETF, ENOR. While this move effectively reduces choice for ETF investors, the change is an improvement with respect to marketlike coverage. ENOR's high Fit score proves this; it indicates that the underlying index now common to both funds aligns well with our benchmark. NORW's exposure is dominated by energy, reflecting that sector's prominence. Marketlike coverage here is extremely concentrated, so the fund's returns are quite sensitive to those of single names (like Statoil). NORW isn't cheap to trade but holds a clear edge over ENOR. NORW leads in AUM by far, but its fee advantage is not large enough meaningful. NORW earned Analyst Pick for decent coverage in a viable wrapper, and its case is only strengthened following the index change.

NORW MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of December 9, 2018 the Global X MSCI Norway ETF MSCI ESG Fund Quality Score is 7.24 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. NORW ranks in the 77th percentile within its peer group and in the 96th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

NORW CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 12/07/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NORW -9.49% -7.93% -1.94% 3.45% 10.17% -1.08% --
NORW (NAV) -9.41% -10.30% -3.64% 0.90% 9.11% -1.27% --
MSCI Norway IMI 25/50 Index -- -- -- -- -- -- --
MSCI Norway IMI -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NORW Top 10 Countries

NORW Top 10 Sectors

NORW Top 10 Holdings [View All]

NORW Summary Data

Global X
11/09/10
Open-Ended Fund
0.50%
$99.76M
$2.45M
0.52%

NORW Portfolio Data

$26.38B
17.38
1.79
2.98%
12/28/18
59

NORW Index Data

Market Cap
Market Cap
MSCI Norway IMI

NORW Portfolio Management

0.50%
-0.34%
-0.06%
-0.54%

NORW Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

NORW Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

NORW Factset Analytics Block Liquidity

As of 12/10/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of NORW. NORW is rated a 3 out of 5.

NORW Tradability

181,651
$2.45M
41,182
$580.54K
0.52%
$0.07
0.00%
1.47% / -3.36%
None
16.00%
50,000
0.82
0.19%
0.20%
--
$13.06
3

NORW Sector/Industry Breakdown


NORW
Segment Benchmark
31.95%
30.78%
22.84%
22.07%
18.20%
18.39%
9.72%
10.60%
8.81%
9.31%
4.20%
3.77%
1.91%
1.46%
1.09%
1.02%
0.50%
0.34%
0.19%
0.18%

NORW TOP 10 HOLDINGS[View All]

18.54%
11.23%
9.57%
6.04%
4.33%
4.32%
4.15%
2.47%
2.34%
2.27%
65.26%

NORW Countries


NORW
Segment Benchmark
98.90%
99.18%
1.10%
0.82%

NORW Regions


NORW
Segment Benchmark
98.90%
99.18%
1.10%
0.82%

NORW Economic Development


NORW
Segment Benchmark
100.00%
100.00%

NORW Performance Statistics

1.00
1.01
1.00
1.01
0.03%
MSCI Norway IMI

NORW MSCI ESG Ratings

7.24 / 10
76.70
95.79
0.07%
7.27%
256.91

NORW BENCHMARK COMPARISON HOLDINGS

59
61
59
95.01%

NORW BENCHMARK COMPARISON SUMMARY


NORW
Segment Benchmark
59
61
$26.38B
$27.04B
17.38
17.22
1.79
1.80
3.51%
3.50%
High
High

NORW BENCHMARK COMPARISON MARKET CAP SIZE


NORW
Segment Benchmark
40.06%
41.29%
42.09%
42.12%
15.41%
14.43%
2.43%
2.16%