GLCR

GlacierShares Nasdaq Iceland ETF

$25.14

+0.00%

Market closed. Last update: 4:17 AM ET

📎 Investment Objective

The GlacierShares Nasdaq Iceland ETF (GLCR) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq Iceland Composite Index.

Overview

ETF tracking GlacierShares Nasdaq Iceland ETF

Category Technology

Issuer Other

Inception Date 2025-03-27

Market Cap N/A

Average Volume N/A

Dividend Yield N/A

52-Week Range $21.42 - $27.48

VWAP $25.16

Performance

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Investment Summary

📎 Investment Objective

The GlacierShares Nasdaq Iceland ETF (GLCR) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq Iceland Composite Index.

🎯 Investment Strategy

The ETF invests primarily in securities included in the Nasdaq Iceland Composite Index, which is designed to track the performance of the largest and most liquid companies listed on the Nasdaq Iceland exchange. The fund uses a passive, full-replication approach to track the index.

✨ Key Features

Provides exposure to the Icelandic equity market, which is dominated by technology and financial services companies
Tracks the Nasdaq Iceland Composite Index, a broad benchmark of the Icelandic stock market
Employs a passive, full-replication strategy to closely match the index performance
Very low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on the Icelandic market, which has limited diversification
Potential for higher volatility compared to more broad-based international equity funds
Currency risk as the fund's returns are subject to fluctuations in the Icelandic krona
Liquidity risk due to the relatively small size of the Icelandic stock market

👤 Best For

This ETF may be suitable for investors seeking targeted exposure to the Icelandic equity market as part of a diversified international portfolio. It may be of particular interest to investors with a higher risk tolerance who believe in the long-term growth potential of the Icelandic technology and financial sectors.