iShares MSCI Norway ETF
$36.14−0.22 (−0.61%)
- Expense ratio
- 0.53%
- Fund size
- $180M
- 1Y return
- +33.1%
- Yield · Last 12 months
- 5.06%
- Holdings
- 58
- Volume · 30D
- 0.1M sh
- NAV per share
- $36.37
- 52W range
The ETF.net ENOR Grade
Score 34 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 30Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.FScore 13Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 55Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 36Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 59Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 58Category rank
Our read on ENOR
DOne ticker for Norway's listed market, large caps down to small. The index reaches roughly 99% of the country's investable stocks and applies caps that stop any single giant from swallowing the fund.
The fund seeks to track an index composed of Norwegian equities and provides targeted, single-country exposure to companies in Norway.
Why people hold it
- Broad reach for a single-country fund: the MSCI Norway IMI 25/50 Index spans large, mid and small caps and covers about 99% of Norway's free float-adjusted market.msci.com
- Concentration limits are built into the index. It applies the 25/50 caps US funds must respect, so no one stock can run away with the portfolio.msci.commsci.com
- Over a decade of live history, launched by iShares in 2012 and traded through multiple market cycles since.ishares.com
Worth knowing
- The 0.53% fee sits a touch above the median for developed single-country funds, and well above the 0.09% charged by trackers such as FLKR and FLAU.
- About 60 stocks in one small market, and the krone matters: returns reflect the currency's move against the dollar as well as the shares.ishares.com
- Modest in size and only moderately traded, so spreads can run wider than on giant broad-market funds. Limit orders are your friend.
ENOR Holdings
- Stocks
- 58
- 58%
- EQNR.OL
Sectors
- Energy30.1%
- Financials23.4%
- Industrials15.4%
- Cons. Staples11.5%
- Materials9.3%
- Communication5.9%
- Technology3.1%
- Utilities0.6%
- Consumer Discr.0.6%
- Real Estate0.2%
Geography
- Norway89.34%
- Cyprus3.32%
- Luxembourg3.28%
- Singapore1.04%
- Faroe Islands0.99%
- United Kingdom0.89%
- Denmark0.61%
- Bermuda0.47%
- 0.06%
Developed 95% · Emerging 5%
ENOR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ENOR |
|---|---|
| Year to date | +32.2% |
| 1 month | −1.2% |
| 3 months | +11.0% |
| 1 year | +33.1% |
| 3 years | +21.8% |
| 5 years | +9.8% |
| 10 years | +9.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ENOR |
|---|---|---|
| 2026 YTD | +32.2% | |
| 2025 | +32.0% | |
| 2024 | −2.2% | |
| 2023 | +4.8% | |
| 2022 | −12.5% | |
| 2021 | +18.7% | |
| 2020 | +2.5% |
ENOR in the news
ETF.net Research hasn’t filed on ENOR yet — coverage lands here as it’s written.
ENOR Dividends
- 5.06%
- $1.84
- $1.56 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 15, 2026 | Jun 18, 2026 | $1.56 |
| Dec 16, 2025 | Dec 19, 2025 | $0.28 |
| Jun 16, 2025 | Jun 20, 2025 | $0.57 |
| Dec 17, 2024 | Dec 20, 2024 | $0.54 |
| Jun 11, 2024 | Jun 17, 2024 | $0.88 |
| Dec 20, 2023 | Dec 27, 2023 | $0.42 |
| Jun 7, 2023 | Jun 13, 2023 | $0.82 |
| Dec 13, 2022 | Dec 19, 2022 | $0.30 |
| Jun 9, 2022 | Jun 15, 2022 | $0.69 |
| Dec 13, 2021 | Dec 17, 2021 | $0.24 |
| Jun 10, 2021 | Jun 16, 2021 | $0.41 |
| Dec 14, 2020 | Dec 18, 2020 | $0.31 |
ENOR Risk
- 18.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.00
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −32.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.50
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ENOR Cost
- The middle half of Developed Single Country funds
- Median 0.50%
25 of the 38 Developed Single Country funds charge less.