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iShares MSCI Norway ETF (ENOR)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US46429B4995

CUSIP

46429B499

Issuer

iShares

Inception Date

Jan 23, 2012

Region

North America (U.S.)

Leveraged

1x

Index Tracked

MSCI Norway IMI 25/50 Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

ENOR features an expense ratio of 0.53%, falling within the medium range.


Expense ratio chart for ENOR: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
ENOR vs. NORW ENOR vs. MGK ENOR vs. VOO ENOR vs. IUIT.L ENOR vs. CN1G.DE ENOR vs. QAT ENOR vs. EIRL ENOR vs. NAT
Popular comparisons:
ENOR vs. NORW ENOR vs. MGK ENOR vs. VOO ENOR vs. IUIT.L ENOR vs. CN1G.DE ENOR vs. QAT ENOR vs. EIRL ENOR vs. NAT

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares MSCI Norway ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-8.05%
7.29%
ENOR (iShares MSCI Norway ETF)
Benchmark (^GSPC)

Returns By Period

iShares MSCI Norway ETF had a return of -4.47% year-to-date (YTD) and -2.87% in the last 12 months. Over the past 10 years, iShares MSCI Norway ETF had an annualized return of 2.57%, while the S&P 500 had an annualized return of 11.01%, indicating that iShares MSCI Norway ETF did not perform as well as the benchmark.


ENOR

YTD

-4.47%

1M

-6.56%

6M

-7.48%

1Y

-2.87%

5Y*

1.72%

10Y*

2.57%

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

Monthly Returns

The table below presents the monthly returns of ENOR, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-5.08%-1.23%2.83%-0.58%12.26%-3.49%1.02%0.72%-1.52%-2.59%1.21%-4.47%
2023-0.12%-0.74%-4.49%1.23%-7.04%4.84%8.40%-4.21%1.83%-4.58%4.39%6.50%4.80%
2022-2.23%2.14%4.54%-7.79%3.53%-12.52%8.84%-4.45%-19.29%11.35%10.23%-2.61%-12.53%
2021-0.26%4.09%6.39%3.52%2.96%-2.65%-1.23%2.71%0.28%7.24%-8.82%4.11%18.69%
2020-7.19%-9.98%-25.27%11.96%8.16%1.29%8.00%8.44%-7.15%-7.22%22.30%8.52%2.54%
20197.98%1.59%-0.83%2.31%-5.77%3.62%-4.47%-3.30%3.35%0.12%0.35%8.19%12.77%
20185.94%-1.94%1.16%3.36%-0.39%0.54%1.91%-1.83%5.93%-8.99%-5.23%-7.96%-8.49%
20175.53%-2.09%-2.31%0.59%2.63%-0.44%11.34%1.99%3.79%0.11%-3.83%3.63%21.97%
2016-4.42%1.41%7.04%8.61%-2.72%-0.25%-0.59%0.78%6.07%-0.84%-0.09%3.04%18.63%
2015-0.36%3.81%-5.89%12.87%-3.95%-3.53%-2.66%-8.06%-6.67%5.61%0.15%-7.22%-16.56%
2014-5.24%7.08%0.27%4.71%2.98%-0.39%-5.32%2.70%-5.78%-9.12%-8.72%-6.11%-22.02%
20135.09%-2.26%-1.61%0.10%0.71%-8.84%8.97%-4.12%3.44%7.02%-1.52%1.07%6.93%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ENOR is 8, meaning it’s performing worse than 92% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of ENOR is 88
Overall Rank
The Sharpe Ratio Rank of ENOR is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of ENOR is 88
Sortino Ratio Rank
The Omega Ratio Rank of ENOR is 88
Omega Ratio Rank
The Calmar Ratio Rank of ENOR is 77
Calmar Ratio Rank
The Martin Ratio Rank of ENOR is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for iShares MSCI Norway ETF (ENOR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for ENOR, currently valued at -0.13, compared to the broader market0.002.004.00-0.131.90
The chart of Sortino ratio for ENOR, currently valued at -0.06, compared to the broader market-2.000.002.004.006.008.0010.00-0.062.54
The chart of Omega ratio for ENOR, currently valued at 0.99, compared to the broader market0.501.001.502.002.503.000.991.35
The chart of Calmar ratio for ENOR, currently valued at -0.10, compared to the broader market0.005.0010.0015.00-0.102.81
The chart of Martin ratio for ENOR, currently valued at -0.51, compared to the broader market0.0020.0040.0060.0080.00100.00-0.5112.39
ENOR
^GSPC

The current iShares MSCI Norway ETF Sharpe ratio is -0.13. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of iShares MSCI Norway ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.13
1.90
ENOR (iShares MSCI Norway ETF)
Benchmark (^GSPC)

Dividends

Dividend History

iShares MSCI Norway ETF provided a 6.46% dividend yield over the last twelve months, with an annual payout of $1.42 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.42$1.23$0.99$0.65$0.60$0.79$0.64$0.64$0.64$0.61$1.05$0.19

Dividend yield

6.46%5.06%4.02%2.23%2.39%3.14%2.79%2.47%2.96%3.24%4.52%0.63%

Monthly Dividends

The table displays the monthly dividend distributions for iShares MSCI Norway ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.88$0.00$0.00$0.00$0.00$0.00$0.54$1.42
2023$0.00$0.00$0.00$0.00$0.00$0.82$0.00$0.00$0.00$0.00$0.00$0.42$1.23
2022$0.00$0.00$0.00$0.00$0.00$0.69$0.00$0.00$0.00$0.00$0.00$0.30$0.99
2021$0.00$0.00$0.00$0.00$0.00$0.41$0.00$0.00$0.00$0.00$0.00$0.24$0.65
2020$0.00$0.00$0.00$0.00$0.00$0.29$0.00$0.00$0.00$0.00$0.00$0.31$0.60
2019$0.00$0.00$0.00$0.00$0.00$0.66$0.00$0.00$0.00$0.00$0.00$0.13$0.79
2018$0.00$0.00$0.00$0.00$0.00$0.50$0.00$0.00$0.00$0.00$0.00$0.14$0.64
2017$0.00$0.00$0.00$0.00$0.00$0.45$0.00$0.00$0.00$0.00$0.00$0.19$0.64
2016$0.00$0.00$0.00$0.00$0.00$0.42$0.00$0.00$0.00$0.00$0.00$0.23$0.64
2015$0.00$0.00$0.00$0.00$0.00$0.41$0.00$0.00$0.00$0.00$0.00$0.20$0.61
2014$0.00$0.00$0.00$0.00$0.00$0.88$0.00$0.00$0.00$0.00$0.00$0.17$1.05
2013$0.06$0.00$0.00$0.00$0.00$0.00$0.13$0.19

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-19.40%
-3.58%
ENOR (iShares MSCI Norway ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the iShares MSCI Norway ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares MSCI Norway ETF was 55.37%, occurring on Mar 18, 2020. Recovery took 271 trading sessions.

The current iShares MSCI Norway ETF drawdown is 19.40%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.37%Jun 9, 20141453Mar 18, 2020271Apr 15, 20211724
-32.65%Mar 31, 2022127Sep 30, 2022
-24.65%Mar 21, 201242Jun 4, 2012126Jan 2, 2013168
-13.96%Feb 4, 201393Jun 24, 201377Oct 22, 2013170
-13.31%Oct 21, 202138Dec 14, 202173Mar 30, 2022111

Volatility

Volatility Chart

The current iShares MSCI Norway ETF volatility is 4.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.67%
3.64%
ENOR (iShares MSCI Norway ETF)
Benchmark (^GSPC)
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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