Global X MSCI Norway ETF ETF.com segment: Equity: Norway - Total Market Competing ETFs: ENOR Related ETF Channels: Norway, ESG, Single Country, Total Market, Vanilla, Europe, Equity, Size and Style, Broad-based Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. C 95 FUND DESCRIPTION tracks a market-cap-weighted index of Norwegian stocks. SUMMARY DATA Issuer Mirae Asset Global Investments FACTSET ANALYTICS INSIGHT, the segment leader in assets and liquidity, changed its index in July 2014 to match that of its lone competing ETF, ENOR. While this move effectively reduces choice for ETF investors, the change is an improvement with respect to marketlike coverage. ENOR's high Fit score proves this; it indicates that the underlying index now common to both funds aligns well with our benchmark. 's exposure is dominated by energy, reflecting that sector's prominence. Marketlike coverage here is extremely concentrated, so the fund's returns are quite sensitive to those of single names (like Statoil). isn't cheap to trade but holds a clear edge over ENOR. leads in AUM by far, but its fee advantage is not large enough meaningful. earned Analyst Pick for decent coverage in a viable wrapper, and its case is only strengthened following the index change. Brand Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) Global X 11/09/10 Open-Ended Fund 0.50% $100.23M $2.31M 0.53% MSCI ESG ANALYTICS INSIGHT The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of January 17, 2019 the Global X MSCI Norway ETF MSCI ESG Fund Quality Score is 7.24 out of 10. The fund s Peer Rank reflects the ranking of a fund s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ranks in the 77th percentile within its peer group and in the 96th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage. PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date Number of Holdings INDEX DATA Index Tracked Index Weighting Methodology Index Selection Methodology $24.54B 16.17 1.78 4.34% 12/28/18 62 MSCI Norway IMI 25/50 Index Market Cap Market Cap MSCI Norway IMI
1 Year Daily Price ($) 16.00 15.00 14.00 13.00 12.00 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec `19 4M PERFORMANCE [as of 01/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS 2.72% -12.51% 6.50% -8.27% 17.14% -1.92% -- (NAV) 3.04% -11.96% 6.15% -9.15% 16.68% -1.93% -- MSCI Norway IMI 25/50 Index 3.10% -11.93% 6.22% -8.84% -- 45.22% -- MSCI Norway IMI -- -- -- -- -- -- -- All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES Norway United States 98.91% 1.09% TOP 10 SECTORS Energy 30.02% Consumer Cyclicals 4.42% Financials 22.87% Industrials 3.88% Consumer Non-Cyclicals 17.69% Technology 0.86% Basic Materials 9.43% Utilities 0.61% Telecommunications Serv 9.30% Healthcare 0.24% TOP 10 HOLDINGS Equinor ASA 17.61% Orkla ASA 4.32% DNB ASA 11.58% Norsk Hydro ASA 4.24% Telenor ASA 9.64% Storebrand ASA 2.57% Mowi ASA 5.81% Aker BP ASA 2.56% Yara International ASA 4.61% Schibsted ASA Class B 2.41% Total Top 10 Weighting 65.35%
PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.50% -0.38% -0.25% -0.53% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% -- Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No Yes 100% / 0% N/A ETN Counterparty Risk N/A Fund Closure Risk Low Portfolio Disclosure Daily
Daily Spread 1.2% FACTSET ANALYTICS BLOCK LIQUIDITY As of 01/18/19 0.9% 0.6% 0.3% 0% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of. is rated a 3 out of 5. Premium/Discount 2.0% TRADABILITY Avg. Daily Share 177,515 0.0% Average Daily $ $2.31M -2.0% Median Daily Share 48,391-4.0% 3M 2M 1M Median Daily ($) Average Spread (%) Average Spread ($) $600.26K 0.53% $0.06 Feb Apr Jun Aug Oct Nov `19 Median Premium / Discount (12 Mo) -0.07% Max. Premium / Discount (12 Mo) 1.47% / -3.36% Impediment to Creations None Market Hours Overlap 16.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 0.97 Creation Unit Cost (%) 0.20% Underlying / Unit 0.20% Open Interest on ETF Options -- Net Asset Value (Yesterday) $12.25 ETF.com Implied Liquidity 3
SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Energy 30.02% 28.59% Financials 22.87% 22.11% Consumer Non- Cyclicals Basic Materials 17.69% 17.42% 9.43% 9.77% Equinor ASA DNB ASA Telenor ASA Mowi ASA Yara International ASA Orkla ASA Norsk Hydro ASA 17.61% 11.58% 9.64% 5.81% 4.61% 4.32% 4.24% Goodness of Fit (R2) Beta Up Beta Down Beta Downside Standard Deviation 1.00 1.01 1.01 1.01 0.03% MSCI Norway IMI Telecommunications Services 9.30% 9.32% Storebrand ASA Aker BP ASA 2.57% 2.56% MSCI ESG RATINGS Consumer Cyclicals 4.42% 3.87% Industrials 3.88% 4.95% Schibsted ASA Class B Total Top 10 Weighting 2.41% 65.35% MSCI ESG Quality Score Peer Group Percentile Rank 7.24 / 10 76.70 Technology 0.86% 0.77% Global Percentile Rank 95.79 Utilities 0.61% 0.45% Healthcare 0.24% 0.24% COUNTRIES Norway 98.91% 99.21% SRI Screening Criteria Exposure Exposure to Sustainable Impact Solutions Weighted Average Carbon Intensity (t CO2e/$M Sales) 0.07% 7.27% 256.91 United States 1.09% 0.79% REGIONS BENCHMARK COMPARISON HOLDINGS Number of Holdings 62 Constituents 65 Europe 98.91% 99.21% North America 1.09% 0.79% Shared Holdings Shared Holdings Weight 62 94.86% ECONOMIC DEVELOPMENT Developed Countries 100.00% 100.00% BENCHMARK COMPARISON SUMMARY Number of Holdings 62 65 Weighted Average Market Cap $24.54B $24.52B Price / Earnings Ratio Price / Book Ratio Dividend Yield 16.17 16.36 1.78 1.80 3.55% 3.50% Concentration High High
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