Key stats
About Global X MSCI Norway ETF
Home page
Inception date
Sep 11, 2010
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37950E1010
NORW offers targeted exposure to the large-, mid and small-cap segments of the Norwegian market. It will generally invest at least 80% of its total assets in the securities of the underlying index as well as in American and Global Depositary Receipts based on these securities. The underlying indexs 25/50 methodology reflects certain investment limits that are imposed on regulated investment companies under the current US Internal Revenue Code, specifically: No group entity exceeds 25% of index weight and all those that weigh above 5% cannot exceed 50% of the index weight. Prior to July 15, 2014, the fund was previously named Global X FTSE Norway 30 ETF and tracked the FTSE Norway 30 Index. On October 29, 2021, the fund merged with Global X FTSE Nordic Region ETF (GXF).
Related funds
Classification
What's in the fund
Exposure type
Finance
Energy Minerals
Consumer Non-Durables
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NORW trades at 30.16 USD today, its price has fallen −1.31% in the past 24 hours. Track more dynamics on NORW price chart.
NORW net asset value is 30.13 today — it's risen 4.00% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NORW assets under management is 56.94 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NORW price has risen by 3.77% over the last month, and its yearly performance shows a 17.84% increase. See more dynamics on NORW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.00% over the last month, showed a 2.22% increase in three-month performance and has increased by 23.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.00% over the last month, showed a 2.22% increase in three-month performance and has increased by 23.92% in a year.
NORW fund flows account for −1.75 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NORW invests in stocks. See more details in our Analysis section.
NORW expense ratio is 0.51%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, NORW isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, NORW technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NORW shows the buy signal. See more of NORW technicals for a more comprehensive analysis.
Today, NORW technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NORW shows the buy signal. See more of NORW technicals for a more comprehensive analysis.
Yes, NORW pays dividends to its holders with the dividend yield of 4.38%.
NORW trades at a premium (0.33%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NORW shares are issued by Mirae Asset Global Investments Co., Ltd.
NORW follows the MSCI Norway IMI 25/50 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 11, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.