Global X MSCI Norway ETF (NORW) belongs to the Europe Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NORW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NORW
NORW charges 0.50% annually. There are 23 ETFs in the Europe Equities category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard FTSE Europe ETF | 0.06% | 37.80B | Mar 2005 | NORW vs VGK | |
| JPMorgan BetaBuilders Europe ETF | 0.09% | 9.14B | Jun 2018 | NORW vs BBEU | |
| SPDR Portfolio Europe ETF | 0.09% | 720.89M | Oct 2002 | NORW vs SPEU | |
| Franklin FTSE Eurozone ETF | 0.09% | 71.27M | Nov 2017 | NORW vs FLEU | |
| iShares Core MSCI Europe ETF | 0.09% | 8.91B | Jun 2014 | NORW vs IEUR |
Best Risk-Adjusted Alternatives to NORW
NORW has a PortfoliosLab risk / return rank of 66. There are 3 ETFs in the Europe Equities category with higher risk-adjusted ranks, going as high as 84.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Finland ETF | 84 | 56.67M | Jan 2012 | NORW vs EFNL | |
| iShares MSCI Austria ETF | 68 | 136.36M | Mar 1996 | NORW vs EWO | |
| iShares MSCI Norway ETF | 67 | 111.08M | Jan 2012 | NORW vs ENOR | |
| First Trust STOXX European Select Dividend Index F... | 65 | 884.12M | Aug 2007 | NORW vs FDD | |
| WisdomTree European Opportunities Fund | 64 | 269.61M | Mar 2015 | NORW vs OPPE |
Top Performing NORW Alternatives (YTD)
NORW is at 26.97% YTD. There is 1 ETF in the Europe Equities category with a higher YTD return, going as high as 28.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Norway ETF | 28.94% | 111.08M | Jan 2012 | NORW vs ENOR | |
| iShares MSCI Finland ETF | 21.56% | 56.67M | Jan 2012 | NORW vs EFNL | |
| iShares MSCI Netherlands ETF | 19.64% | 549.97M | Mar 1996 | NORW vs EWN | |
| iShares MSCI Austria ETF | 16.61% | 136.36M | Mar 1996 | NORW vs EWO | |
| First Trust IPOX Europe Equity Opportunities ETF | 15.23% | 5.41M | Oct 2018 | NORW vs FPXE |
Lowest Volatility Alternatives to NORW
NORW has 16.86% 1-year volatility. There are 28 ETFs in the Europe Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Europe Hedged SmallCap Equity Fund | 0.00% | 128.99M | Mar 2015 | NORW vs EUSC | |
| First Trust RiverFront Dynamic Europe ETF | 8.77% | 100.00K | Apr 2016 | NORW vs RFEU | |
| Xtrackers MSCI Europe Hedged Equity Fund | 12.66% | 773.08M | Oct 2013 | NORW vs DBEU | |
| WisdomTree European Opportunities Fund | 13.87% | 269.61M | Mar 2015 | NORW vs OPPE | |
| ProShares MSCI Europe Dividend Growers ETF | 14.01% | 8.41M | Sep 2015 | NORW vs EUDV |
Lowest Drawdown Alternatives to NORW
NORW has a 1-year max drawdown of -9.18%. There are 4 ETFs in the Europe Equities category with shallower 1-year drawdowns, going as shallow as -5.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust RiverFront Dynamic Europe ETF | -5.15% | 100.00K | Apr 2016 | NORW vs RFEU | |
| iShares MSCI Finland ETF | -7.92% | 56.67M | Jan 2012 | NORW vs EFNL | |
| WisdomTree European Opportunities Fund | -8.83% | 269.61M | Mar 2015 | NORW vs OPPE | |
| iShares MSCI Norway ETF | -9.01% | 111.08M | Jan 2012 | NORW vs ENOR | |
| First Trust STOXX European Select Dividend Index F... | -9.39% | 884.12M | Aug 2007 | NORW vs FDD |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, URA and span 12 categories. AUM among these funds goes as high as $14B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 90 | 7.94% | 8.41B | Dec 2013 | NORW vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 18 | 0.11% | 7.99B | Sep 2023 | NORW vs SHLD | |
| Global X Uranium ETF | Commodity Producers Equities | 42 | 25.02% | 7.06B | Nov 2010 | NORW vs URA | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 84 | 37.91% | 10.85B | May 2018 | NORW vs AIQ | |
| Global X Copper Miners ETF | Materials | 80 | 30.46% | 7.99B | Apr 2010 | NORW vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 36 | 12.17% | 3.74B | Sep 2016 | NORW vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 57 | 10.23% | 5.22B | Apr 2010 | NORW vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 84 | 5.11% | 3.17B | Jun 2013 | NORW vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 93 | 53.70% | 2.14B | Oct 2020 | NORW vs DTCR | |
| Global X US Infrastructure Development ETF | Utilities Equities | 61 | 19.04% | 13.54B | Mar 2017 | NORW vs PAVE |
Often Compared With NORW
Investors most often compare NORW with EWD, EIRL, VOO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare NORW with Any Fund or Stock
Compare NORW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NORW with funds that move differently
Global X MSCI Norway ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NORW.
Explore NORW Diversifiers