Global X MSCI Norway ETF (NORW)
| Assets | $102.99M |
| NAV | $26.89 |
| Expense Ratio | 0.50% |
| PE Ratio | 12.25 |
| Shares Out | 3.83M |
| Dividend (ttm) | $0.48 |
| Dividend Yield | 1.83% |
| Ex-Dividend Date | Dec 30, 2021 |
| 1-Year Return | -14.88% |
| Volume | 43,263 |
| Open | 26.81 |
| Previous Close | 27.15 |
| Day's Range | 26.29 - 26.81 |
| 52-Week Low | 25.55 |
| 52-Week High | 33.36 |
| Beta | 0.79 |
| Holdings | 72 |
| Inception Date | Nov 9, 2010 |
About NORW
The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to represent the performance of the broad Norway equity universe. The fund is non-diversified.
Top 10 Holdings
63.70% of assets| Name | Symbol | Weight |
|---|---|---|
| Equinor ASA | EQNR.OL | 19.48% |
| DNB Bank ASA | DNB.OL | 9.88% |
| Aker BP ASA | AKRBP.OL | 6.44% |
| Mowi ASA | MOWI.OL | 5.90% |
| Norsk Hydro ASA | NHY.OL | 4.92% |
| Telenor ASA | TEL.OL | 4.68% |
| Yara International ASA | YAR.OL | 4.09% |
| Orkla ASA | ORK.OL | 3.46% |
| Tomra Systems ASA | TOM.OL | 2.52% |
| SalMar ASA | SALM.OL | 2.33% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2021 | $0.147 | Jan 7, 2022 |
| Oct 29, 2021 | $0.06 | Nov 1, 2021 |
| Oct 26, 2021 | $0.073 | Oct 28, 2021 |
| Jun 29, 2021 | $0.201869 | Jul 8, 2021 |
| Dec 30, 2020 | $0.133915 | Jan 8, 2021 |
| Jun 29, 2020 | $0.129269 | Jul 8, 2020 |
News
Looking for Safe Haven Exposure Abroad? Try Norway
Getting safe haven exposure is almost automatic when looking at bonds and gold, but there's another option investors may want to consider for added diversification: Norway. The country's equities have n...
Record Oil and Gas Revenues Could Push Norway ETF Higher
2021 saw a strong year for the energy sector amid recovering global economies, and Norway couldn't be happier as it saw record numbers last year. Demand for oil and gas soared to greater heights, feedin...
This European Country & Its ETFs May Gain from Russian Tension
Europe is highly energy-dependent on Russia. The latest Russia-Ukraine tensions may open up opportunities for another energy-rich European country Norway.
Country ETFs to Gain/Lose if Oil Touches $100
Oil analysts forecast a sustain rally as OPEC opposed calls to boost supply.
Norway Hikes Rates: ETFs to Play
The Norges Bank on Sep 23 become the first developed central bank to raise interest rates following the emergence of the coronavirus pandemic.
Energy Sector Should Continue to Drive Gains for Norway
Many international countries are getting tailwinds from a global vaccination move, but for Norway, an additional catalyst is the energy sector—a boon for ETFs like the Global X MSCI Norway ETF (NORW). T...
This Way to Norway: The Case for the NORW ETF
As investors look overseas for opportunities, Norway is a strong country to consider. One way to snag targeted country-level exposure is the Global X MSCI Norway ETF (NORW), which is up 8% for the year.
5 ETFs Under $20 Up for Gains in 2020
Are you worried about overvaluation concerns in the broader market? These five ETFs can be bought at as low as $20 along with expectations for solid gains in 2020.
US Tightens Sanctions on Iran: Country ETFs to Gain/Suffer
The U.S. plans to not renew Iran oil import waivers previously granted for a few countries, sending oil prices shooting up. A few country ETFs will gain and some will lose from the move.