NORW:ARCA-Global X MSCI Norway (USD)

ETF | Miscellaneous Region | NYSE Arca

Last Closing

USD 24.6776

Change

+0.13 (+0.52)%

Market Cap

USD 0.08B

Volume

1.60K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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 measure broad-based equity market performance in Norway. The fund is non-diversified.

Inception Date: 09/11/2010

Primary Benchmark: MSCI Norway IMI 25/50 NR USD

Primary Index: MSCI ACWI Ex USA NR USD

Gross Expense Ratio: 0.5%

Management Expense Ratio: 0.50 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Miscellaneous Region

Symbol Name Mer Price(Change) Market Cap
EWY iShares MSCI South Korea ETF 0.59 %

+0.44 (+0.70%)

USD 5.26B
EWC iShares MSCI Canada ETF 0.47 %

+0.13 (+0.35%)

USD 2.85B
EWU iShares MSCI United Kingdom ET.. 0.47 %

+0.27 (+0.78%)

USD 2.64B
EWW iShares MSCI Mexico ETF 0.47 %

+1.05 (+1.60%)

USD 2.15B
EWA iShares MSCI Australia ETF 0.47 %

+0.14 (+0.59%)

USD 1.87B
EWP iShares MSCI Spain ETF 0.47 %

+0.36 (+1.13%)

USD 1.02B
EWL iShares MSCI Switzerland ETF 0.47 %

+0.18 (+0.39%)

USD 1.01B
EWG iShares MSCI Germany ETF 0.47 %

+0.27 (+0.88%)

USD 1.00B
KSA iShares MSCI Saudi Arabia ETF 0.74 %

+0.26 (+0.61%)

USD 0.82B
EWQ iShares MSCI France ETF 0.47 %

+0.30 (+0.74%)

USD 0.64B

ETFs Containing NORW

N/A

Market Performance

  Market Performance vs. Industry/Classification (Miscellaneous Region) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.11% 12% F 20% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -3.11% 12% F 18% F
Trailing 12 Months  
Capital Gain 3.21% 26% F 38% F
Dividend Return 2.08% 33% F 30% F
Total Return 5.29% 26% F 33% F
Trailing 5 Years  
Capital Gain 97.58% 95% A 86% B+
Dividend Return 15.21% 90% A- 59% D-
Total Return 112.79% 95% A 86% B+
Average Annual (5 Year Horizon)  
Capital Gain 30.03% 93% A 91% A-
Dividend Return 31.94% 93% A 90% A-
Total Return 1.91% 51% F 46% F
Risk Return Profile  
Volatility (Standard Deviation) 56.24% 9% A- 16% F
Risk Adjusted Return 56.79% 93% A 83% B
Market Capitalization 0.08B 31% F 18% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.