NORW

Global X MSCI Norway ETF

$35.66

+0.00%

Market closed. Last update: 2:16 AM ET

📎 Investment Objective

The Global X MSCI Norway ETF (NORW) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Norway IMI 25/50 Index.

Overview

ETF tracking Global X MSCI Norway ETF

Category International

Issuer Other

Inception Date 2009-08-19

Market Cap $92.6M

Average Volume N/A

Dividend Yield 2.90%

52-Week Range $23.08 - $36.13

VWAP $35.78

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Global X MSCI Norway ETF (NORW) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Norway IMI 25/50 Index.

🎯 Investment Strategy

The fund invests in a representative sample of securities included in the underlying index to seek to track the performance of the index. The index is designed to measure the performance of the large-, mid-, and small-capitalization segments of the Norwegian equity market, covering approximately 99% of the Norwegian equity universe.

✨ Key Features

Provides exposure to the Norwegian equity market across large-, mid-, and small-cap companies
Tracks the MSCI Norway IMI 25/50 Index, a free float-adjusted market capitalization-weighted index
Low expense ratio of 0.00%
Suitable for investors seeking targeted exposure to the Norwegian stock market

⚠️ Primary Risks

Concentration risk: The fund's performance is closely tied to the performance of the Norwegian equity market, which may be more volatile than broader international markets
Currency risk: As a fund investing in non-U.S. securities, the fund is subject to risks from fluctuations in the value of the Norwegian krone relative to the U.S. dollar
Emerging market risk: Norway is considered an emerging market, which may involve greater volatility and political, economic, and regulatory uncertainties compared to developed markets
Liquidity risk: The fund may have difficulty trading certain securities at an advantageous time and price, especially in volatile or uncertain market conditions

👤 Best For

The Global X MSCI Norway ETF may be suitable for investors seeking targeted exposure to the Norwegian equity market as part of a diversified international portfolio. It may be particularly appealing to investors with a higher risk tolerance who are comfortable with the increased volatility and currency risks associated with investing in an emerging market.