NORW Global X - MSCI Norway ETF
Quote as of Aug 26, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 37.25 | Day Range | 36.86 – 37.16 |
| 52-Week Range | 27.84 – 39.39 | Volume | 35.49K |
| Avg Volume | 83.87K | AUM | $95.5M (Aug 26, 2026) |
| Expense Ratio | 0.50% | Yield (TTM) | 6.80% |
| NAV | 37.07 | Premium/Discount | -0.57% indicative |
| Inception | Nov 09, 2010 | Holdings | 60 |
| Issuer | Global X | Exchange | AMEX |
| Category | Financials | Index Tracked | Not stated in source data |
| CUSIP | 37950E101 | ISIN | US37950E1010 |
| Management | Not stated in source data | ||
About this ETF
The Global X MSCI Norway ETF, identified by its NORW ticker, aims to mirror the comprehensive financial returns—both capital appreciation and income generation—of the MSCI Norway IMI 25/50 Index, before any deductions for operational expenses.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +7.50% | -4.36% | +5.26% | +24.00% | +25.63% | +16.36% | +4.42% | +5.37% | +5.53% |
| Total return | +7.50% | +2.00% | +12.27% | +32.28% | +35.90% | +23.36% | +9.94% | +9.57% | +8.75% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.50% | Annual cost of a $10,000 investment | $50.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 63 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | EQUINOR ASA | EQNR.OL | 12.67% | 282.71K | $12.1M |
| 2 | DNB BANK ASA | DNB.OL | 11.45% | 326.14K | $11.0M |
| 3 | KONGSBERG GRUPPEN ASA | KOG.OL | 5.94% | 167.99K | $5.7M |
| 4 | NORSK HYDRO ASA | NHY.OL | 5.34% | 517.08K | $5.1M |
| 5 | AKER BP ASA | AKRBP.OL | 5.06% | 127.06K | $4.8M |
| 6 | MOWI ASA | MOWI.OL | 3.99% | 174.57K | $3.8M |
| 7 | TELENOR ASA | TEL.OL | 3.73% | 247.58K | $3.6M |
| 8 | STOREBRAND ASA | STB.OL | 3.66% | 161.65K | $3.5M |
| 9 | SUBSEA 7 SA | SUBC.OL | 3.43% | 90.34K | $3.3M |
| 10 | YARA INTERNATIONAL ASA | YAR.OL | 3.23% | 64.01K | $3.1M |
| 11 | ORKLA ASA | ORK.OL | 3.19% | 291.37K | $3.1M |
| 12 | FRONTLINE PLC | FRO.OL | 2.70% | 58.18K | $2.6M |
| 13 | GJENSIDIGE FORSIKRING ASA | GJF.OL | 2.54% | 80.26K | $2.4M |
| 14 | VAR ENERGI ASA | VAR.OL | 2.10% | 376.41K | $2.0M |
| 15 | SPAREBANK 1 SOR-NORGE ASA | SB1NO.OL | 2.04% | 82.87K | $2.0M |
| 16 | VEND MARKETPLACES ASA CL | VEND.OL | 1.86% | 65.68K | $1.8M |
| 17 | SALMAR ASA | SALM.OL | 1.61% | 27.26K | $1.5M |
| 18 | AKER ASA-A SHARES | AKER.OL | 1.50% | 8.97K | $1.4M |
| 19 | NORDIC SEMICONDUCTOR ASA | NOD.OL | 1.32% | 72.16K | $1.3M |
| 20 | TGS ASA | TGS.OL | 1.23% | 79.05K | $1.2M |
| 21 | SPAREBANK 1 SMN | MING.OL | 1.13% | 49.19K | $1.1M |
| 22 | PROTECTOR FORSIKRING ASA | PROT.OL | 1.11% | 20.69K | $1.1M |
| 23 | BAKKAFROST P/F | BAKKA.OL | 1.10% | 20.30K | $1.1M |
| 24 | KONGSBERG MARITIME AS | KMAR.OL | 1.10% | 176.83K | $1.1M |
| 25 | TOMRA SYSTEMS ASA | TOM.OL | 1.08% | 89.10K | $1.0M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 6.80% | Paid (last 12 months) | $2.5345 |
| Frequency | Semi-Annual | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jun 29, 2026 | Last payment | $2.1048 (Jul 07, 2026) |
| Growth 1Y | +110.05% | Growth 3Y / 5Y (ann.) | +24.44% / +38.62% |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jun 29, 2026 | Jun 29, 2026 | Jul 07, 2026 | $2.1048 |
| Dec 30, 2025 | Dec 30, 2025 | Jan 07, 2026 | $0.4297 |
| Jun 27, 2025 | Jun 27, 2025 | Jul 07, 2025 | $0.6042 |
| Dec 30, 2024 | Dec 30, 2024 | Jan 07, 2025 | $0.6025 |
| Jun 27, 2024 | Jun 27, 2024 | Jul 05, 2024 | $0.8110 |
| Dec 28, 2023 | Dec 29, 2023 | Jan 08, 2024 | $0.4979 |
| Jun 29, 2023 | Jun 30, 2023 | Jul 10, 2023 | $0.8444 |
| Dec 29, 2022 | Dec 30, 2022 | Jan 09, 2023 | $0.4710 |
| Jun 29, 2022 | Jun 30, 2022 | Jul 08, 2022 | $0.5570 |
| Dec 30, 2021 | Dec 31, 2021 | Jan 07, 2022 | $0.1467 |
| Oct 29, 2021 | Oct 29, 2021 | Nov 01, 2021 | $0.0600 |
| Jun 29, 2021 | Jun 30, 2021 | Jul 08, 2021 | $0.3130 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 17.33% / 19.27% | Sharpe 1Y / 3Y | 1.98 / 1.15 |
| Max drawdown 1Y / 3Y | -14.48% / -16.06% | Sortino 1Y | 3.08 |
| Beta vs S&P 500 (3Y) | 0.653 | Correlation vs S&P 500 (1Y) | 0.312 |
| Downside deviation 1Y | 11.17% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 35.49K | Average volume | 83.87K |
| AUM | $95.5M | Premium/Discount | -0.57% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$270.4K | -0.28% | $95.8M → $95.5M |
| 1 Week | $3.3M | +3.66% | $91.2M → $95.5M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for NORW
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.