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BBCA vs ENOR

JPMorgan BetaBuilders Canada ETF

BBCAACboe

iShares MSCI Norway ETF

ENORDCboe

Overlap

0.0%by weight

Expense ratio

BBCA −0.34pt a year

BBCA0.19%ENOR0.53%

Avg volume · 30D

BBCA 3.2×the volume

BBCA330KENOR103K

5Y return · a year

BBCA +2.5pt

BBCA+11.5%ENOR+9.0%

BBCA vs ENOR Performance

Oct 29, 2021 – Oct 30, 2026

+72.5%BBCA+53.8%ENOR

Oct 29, 2021 to Oct 30, 2026. BBCA +72.5%. ENOR +53.8%. Use the arrow keys to read each point.−20%0%20%40%Oct 2021Apr 2024Oct 2026
Expense ratio
BBCA 0.19%, better
ENOR 0.53%
Fund size
BBCA $11.9B
ENOR $347M
1Y total return
BBCA +22.1%
ENOR +44.0%, better
Yield (12M)
BBCA 1.68%
ENOR 4.89%, better
Holdings
BBCA 78
ENOR 62
Avg volume (30D)
BBCA 330K sh, better
ENOR 103K sh
NAV per share
BBCA $104.51
ENOR $37.87
52W range

ETF.net Grade

BBCA: Cost 82, Risk 87, Mission 59, Tradability 55, Holdings 76, Durability 58. ENOR: Cost 30, Risk 62, Mission 12, Tradability 41, Holdings 56, Durability 61.
Pillar letters and Scores for BBCA, ENOR, with each pillar’s weight
PillarBBCAENOR
Cost30% weightA82HigherD30
Mission25% weightB59HigherF12
Risk15% weightA87HigherB62
Tradability15% weightB55HigherC41
Holdings10% weightA76HigherB56
Durability5% weightB58B61Higher

Rank among Developed Single Country funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BBCA and ENOR are both graded against the same 38 Developed Single Country funds, so their Grades compare head to head.

Developed Single Country⁠

Category · 38 funds
See all 38 ›

BBCA ranks 4th and ENOR 34th of 38 funds in the Developed Single Country Category.

  1. Rank 1AEWCiShares MSCI Canada ETFScore 78
  2. Rank 1AFLCAFranklin FTSE Canada ETFScore 78
  3. Rank 3AFLGBFranklin FTSE United Kingdom ETFScore 76
  4. Rank 4ABBCAJPMorgan BetaBuilders Canada ETFScore 71
  5. Rank 5AFLAUFranklin FTSE Australia ETFScore 70
  6. Rank 33DEDENiShares MSCI Denmark ETFScore 37
  7. Rank 34DENORiShares MSCI Norway ETFScore 35
  8. Rank 35DISRLDefiance KSM Israel 120 ETFScore 32

Our read on each fund

ETF.net Research

BBCAAJPMorgan BetaBuilders Canada ETF

ENORDiShares MSCI Norway ETF

In short

BBCA Canada, at a discount. BBCA tracks a Morningstar index of roughly 80 Canadian stocks for 0.19% a year, a fraction of what most single-country funds charge, and it has grown into a multi-billion-dollar fund since its 2018 launch.

ENOR One 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.

Stated mandate

BBCA The fund seeks to track the Morningstar Canada Target Market Exposure Index before fees and expenses. It uses a passive indexing approach to approximate the index rather than outperform it.

ENOR 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

  • BBCA Costs 0.19% a year, against a 0.50% median for developed single-country funds. The older Canada name in this group, EWC, charges 0.50%.
  • Plain passive plumbing: it aims to approximate the Morningstar Canada Target Market Exposure Index before fees rather than beat it. No stock-picking surprises.jpmorgan.com
  • Running since 2018, now a multi-billion-dollar fund that pays quarterly, and one of the stronger implementations in its single-country peer group.
  • ENOR 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 2
  • Over a decade of live history, launched by iShares in 2012 and traded through multiple market cycles since.ishares.com

Worth knowing

  • BBCA One country, about 80 stocks. The sector mix is whatever Canada's market hands you, set by the index rather than by a diversification plan.
  • Moderately traded, not one of the busiest names on the tape, so spreads can widen on large or off-hours orders.
  • Indexing means no manager leaning away from a soft patch in Canadian equities. You get the index, minus the 0.19% fee.
  • ENOR 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.

Full BBCA profile⁠

Full ENOR profile⁠

BBCA vs ENOR Holdings

How BBCA and ENOR differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of BBCA and 0.0% of ENOR.

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile0.9%
  • Sector10 Sectors66.2%
  • Asset classEquity100%

Sector

Sector weights in BBCA and ENOR, widest gap first
SectorMore in BBCAMore in ENOR
EnergyENOR +17.0 points
FinancialsBBCA +16.7 points
Consumer StaplesENOR +8.0 points
MaterialsBBCA +7.3 points
TechnologyBBCA +6.0 points
IndustrialsENOR +4.3 points
CommunicationENOR +4.2 points
Consumer DiscretionaryBBCA +2.5 points
UtilitiesBBCA +1.3 points
Real EstateENOR +0.2 points

Country, concentration and asset class

Country by domicile

Country weights in BBCA and ENOR, widest gap first
CountryMore in BBCAMore in ENOR
CanadaBBCA +99.0 points
NorwayENOR +97.8 points
SingaporeENOR +1.1 points
Other countries (2)ENOR +0.1 points

Outside the US: ENOR 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

  • BBCA45.8%
  • ENOR58.9%

Securities held

  • BBCA75
  • ENOR58

Asset class

BBCA
Equity
ENOR
Equity

Holdings

  • Only in BBCA75
  • In both0
  • Only in ENOR58

Only in BBCA

75 securities, 99.3% of BBCA by weight

  • Royal Bank of Canada9.10%
  • Toronto-Dominion Bank/The6.60%
  • Shopify Inc Common Stock6.14%

Only in ENOR

58 securities, 99.9% of ENOR by weight

  • Equinor13.26%
  • Dnb Bank11.47%
  • Kongsberg Gruppen6.70%

Weight gaps

BBCA and ENOR share no securities.

All 76 BBCA holdings⁠All 58 ENOR holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BBCA vs ENOR Cost

Overpaying ENOR vs BBCA

$6,584

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BBCA 0.19%

    $3,952

  • ENOR 0.53%

    $10,536

$10,000
30 years

Cost over time

  • BBCA 0.19%
  • ENOR 0.53%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530ENOR $10,536BBCA $3,952

Year by year

YearBBCAENOROverpaying
10$347$953$606
20$1,351$3,658$2,307
30$3,952$10,536$6,584

Expense ratio

  • 0.19%BBCA, cheaper
  • 0.53%ENOR
  • Middle half of Developed Single Country funds
  • Median 0.50%

BBCA 7th cheapest of 38 funds

ENOR 26th cheapest of 38 funds

BBCA vs ENOR Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BBCA 1.68%
ENOR 4.89%, better
Payout (12M)
BBCA $1.75
ENOR $1.84
Last payment
BBCA $0.42
ENOR $1.56
Ex-dividend
BBCA Sep 22, 2026
ENOR Jun 15, 2026
Paid on
BBCA Sep 24, 2026
ENOR Jun 18, 2026
Frequency
BBCA Quarterly
ENOR Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

BBCAQuarterly · 33 paymentsAll BBCA payments⁠
One bar per payment. 33 payments from 2017 to 2026 YTD. Sep 25, 2018 $0.10; Dec 24, 2018 $0.40; Mar 20, 2019 $0.16; Jun 25, 2019 $0.30; Sep 24, 2019 $0.33; Dec 23, 2019 $0.41; Mar 24, 2020 $0.23; Jun 23, 2020 $0.32; Sep 22, 2020 $0.30; Dec 22, 2020 $0.44; Mar 23, 2021 $0.21; Jun 22, 2021 $0.34; Sep 21, 2021 $0.36; Dec 21, 2021 $0.55; Mar 22, 2022 $0.20; Jun 21, 2022 $0.39; Sep 20, 2022 $0.43; Dec 20, 2022 $0.51; Mar 21, 2023 $0.22; Jun 20, 2023 $0.43; Sep 19, 2023 $0.40; Dec 19, 2023 $0.56; Mar 19, 2024 $0.24; Jun 25, 2024 $0.43; Sep 24, 2024 $0.43; Dec 24, 2024 $0.57; Mar 25, 2025 $0.21; Jun 24, 2025 $0.43; Sep 23, 2025 $0.44; Dec 23, 2025 $0.62; Mar 24, 2026 $0.27; Jun 23, 2026 $0.45; Sep 22, 2026 $0.42. Use the arrow keys to read each point.$0$12017202020232026YTD
ENORTwice a year · 19 paymentsAll ENOR payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.45; Dec 19, 2017 $0.19; Jun 19, 2018 $0.50; Dec 18, 2018 $0.14; Jun 17, 2019 $0.66; Dec 16, 2019 $0.13; Jun 15, 2020 $0.29; Dec 14, 2020 $0.31; Jun 10, 2021 $0.41; Dec 13, 2021 $0.24; Jun 9, 2022 $0.69; Dec 13, 2022 $0.30; Jun 7, 2023 $0.82; Dec 20, 2023 $0.42; Jun 11, 2024 $0.88; Dec 17, 2024 $0.54; Jun 16, 2025 $0.57; Dec 16, 2025 $0.28; Jun 15, 2026 $1.56. Use the arrow keys to read each point.$0$12017202020232026YTD

BBCA vs ENOR Risk

Fall from peak · 5 years

  • BBCA
  • ENOR
Oct 29, 2021 to Oct 30, 2026. Worst fall: ENOR −32.6% · Sep 2022. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
BBCA 12.9%, betterENOR 18.5%
Return per unit of riskSharpe ratio, 3 years
BBCA 1.55, betterENOR 1.07
Worst fallMax drawdown, 5 years
BBCA −24.4%, betterENOR −32.6%
Market sensitivityBeta, 5 years
BBCA 0.88ENOR 0.50

BBCA and ENOR in the news

All news⁠

Popular comparisons

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    Category
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