NORW Global X - MSCI Norway ETF
Quote as of Oct 09, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 35.33 | Day Range | 35.38 – 35.66 |
| 52-Week Range | 27.84 – 39.39 | Volume | 5.79K |
| Avg Volume | 63.07K | AUM | $91.9M (Oct 12, 2026) |
| Expense Ratio | 0.50% | Yield (TTM) | 7.12% |
| NAV | 35.68 | Premium/Discount | -0.28% indicative |
| Inception | Nov 09, 2010 | Holdings | 59 |
| 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 Oct 12, 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 | -6.79% | +8.57% | -7.20% | +18.44% | +19.56% | +13.41% | +2.64% | +4.34% | +5.21% |
| Total return | -6.79% | +8.57% | -1.03% | +26.35% | +29.33% | +20.23% | +8.06% | +8.50% | +8.39% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 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 Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 62 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | EQUINOR ASA | EQNR.OL | 12.81% | 269.68K | $11.8M |
| 2 | DNB BANK ASA | DNB.OL | 11.17% | 324.98K | $10.3M |
| 3 | KONGSBERG GRUPPEN ASA | KOG.OL | 5.75% | 171.38K | $5.3M |
| 4 | AKER BP ASA | AKRBP.OL | 5.21% | 129.62K | $4.8M |
| 5 | NORSK HYDRO ASA | NHY.OL | 4.73% | 527.43K | $4.3M |
| 6 | MOWI ASA | MOWI.OL | 4.13% | 178.41K | $3.8M |
| 7 | FRONTLINE PLC | FRO.OL | 3.66% | 59.18K | $3.4M |
| 8 | TELENOR ASA | TEL.OL | 3.57% | 252.57K | $3.3M |
| 9 | SUBSEA 7 SA | SUBC.OL | 3.55% | 92.15K | $3.3M |
| 10 | STOREBRAND ASA | STB.OL | 3.44% | 161.14K | $3.2M |
| 11 | ORKLA ASA | ORK.OL | 3.10% | 293.01K | $2.8M |
| 12 | YARA INTERNATIONAL ASA | YAR.OL | 3.07% | 65.29K | $2.8M |
| 13 | GJENSIDIGE FORSIKRING ASA | GJF.OL | 2.37% | 82.03K | $2.2M |
| 14 | VAR ENERGI ASA | VAR.OL | 2.32% | 384.00K | $2.1M |
| 15 | SPAREBANK 1 SOR-NORGE ASA | SB1NO.OL | 2.09% | 83.85K | $1.9M |
| 16 | SALMAR ASA | SALM.OL | 1.74% | 27.81K | $1.6M |
| 17 | NORDIC SEMICONDUCTOR ASA | NOD.OL | 1.48% | 73.74K | $1.4M |
| 18 | VEND MARKETPLACES ASA CL | VEND.OL | 1.43% | 62.71K | $1.3M |
| 19 | AKER ASA-A SHARES | AKER.OL | 1.41% | 9.14K | $1.3M |
| 20 | TGS ASA | TGS.OL | 1.24% | 80.64K | $1.1M |
| 21 | KONGSBERG MARITIME ASA | KMAR.OL | 1.21% | 171.38K | $1.1M |
| 22 | SPAREBANK 1 SMN | MING.OL | 1.19% | 50.27K | $1.1M |
| 23 | BW LPG LTD | BWLPG.OL | 1.12% | 39.20K | $1.0M |
| 24 | BAKKAFROST P/F | BAKKA.OL | 1.02% | 20.70K | $940.5K |
| 25 | KITRON ASA | KIT.OL | 1.01% | 85.21K | $925.0K |
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) | 7.12% | 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 | 17.27% / 19.10% | Sharpe 1Y / 3Y | 1.77 / 0.994 |
| Max drawdown 1Y / 3Y | -14.48% / -16.06% | Sortino 1Y | 2.77 |
| Beta vs S&P 500 (3Y) | 0.642 | Correlation vs S&P 500 (1Y) | 0.293 |
| Downside deviation 1Y | 11.08% | Risk-free rate used | 4.05% (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 Oct 12, 2026. Formulas →
Liquidity
| Volume today | 5.79K | Average volume | 63.07K |
| AUM | $91.9M | Premium/Discount | -0.28% |
| 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 | $0.00 | 0.00% | $91.9M → $91.9M |
| 1 Month | $640.8K | +0.66% | $96.7M → $91.9M |
| 1 Week | $468.8K | +0.51% | $91.3M → $91.9M |
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.