NORW - Global X MSCI Norway ETF
| Assets | $45.71M |
| NAV | $14.51 |
| Expense Ratio | 0.50% |
| PE Ratio | 25.54 |
| Beta (5Y) | 1.20 |
| Dividend (ttm) | $0.26 |
| Dividend Yield | 1.81% |
| Ex-Dividend Date | Dec 30, 2020 |
| 1-Year Return | - |
| Trading Day | April 20 |
| Last Price | $14.17 |
| Previous Close | $14.47 |
| Change ($) | -0.30 |
| Change (%) | -2.07% |
| Day's Open | 14.35 |
| Day's Range | 14.15 - 14.36 |
| Day's Volume | 24,346 |
| 52-Week Range | 7.72 - 14.56 |
Fund Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Norway IMI 25/50 Index. 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.
| Asset Class Equity | Sector Europe |
| Region Europe | Inception Date Nov 9, 2010 |
| Exchange NYSEARCA | Ticker Symbol NORW |
| Index Tracked MSCI Norway IMI 25/50 Index | |
Top 10 Holdings
58.85% of assets| Name | Symbol | Weight |
|---|---|---|
| DNB ASA | DNB.OL | 11.66% |
| EQUINOR ASA | EQNR.OL | 10.96% |
| TELENOR ASA | TEL.OL | 7.35% |
| MOWI ASA | MOWI.OL | 6.07% |
| YARA INTERNATIONAL ASA | YAR.OL | 5.20% |
| NORSK HYDRO ASA | NHY.OL | 5.10% |
| ORKLA ASA | ORK.OL | 4.21% |
| TOMRA SYSTEMS ASA | TOM.OL | 3.04% |
| GJENSIDIGE FORSIKRING ASA | GJF.OL | 2.65% |
| STOREBRAND ASA | STB.OL | 2.61% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2020 | $0.134 | Jan 8, 2021 |
| Jun 29, 2020 | $0.129 | Jul 8, 2020 |
| Dec 30, 2019 | $0.077 | Jan 8, 2020 |
| Jun 27, 2019 | $0.364 | Jul 8, 2019 |
| Dec 28, 2018 | $0.54 | Jan 8, 2019 |
| Dec 28, 2017 | $0.3787 | Jan 9, 2018 |
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.
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.
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.