ENOR vs. NAT
Compare and contrast key facts about iShares MSCI Norway ETF (ENOR) and Nordic American Tankers Limited (NAT).
ENOR is a passively managed fund by iShares that tracks the performance of the MSCI Norway IMI 25/50 Index. It was launched on Jan 23, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENOR or NAT.
Correlation
The correlation between ENOR and NAT is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ENOR vs. NAT - Performance Comparison
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Key characteristics
ENOR:
0.51
NAT:
-0.88
ENOR:
0.89
NAT:
-1.23
ENOR:
1.13
NAT:
0.86
ENOR:
0.66
NAT:
-0.37
ENOR:
2.56
NAT:
-1.15
ENOR:
5.01%
NAT:
25.70%
ENOR:
23.17%
NAT:
33.79%
ENOR:
-55.37%
NAT:
-90.63%
ENOR:
-3.40%
NAT:
-76.39%
Returns By Period
In the year-to-date period, ENOR achieves a 17.18% return, which is significantly higher than NAT's 8.17% return. Over the past 10 years, ENOR has outperformed NAT with an annualized return of 3.23%, while NAT has yielded a comparatively lower -7.74% annualized return.
ENOR
17.18%
8.98%
15.55%
11.81%
13.51%
3.23%
NAT
8.17%
4.35%
-8.42%
-29.67%
-4.29%
-7.74%
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Risk-Adjusted Performance
ENOR vs. NAT — Risk-Adjusted Performance Rank
ENOR
NAT
ENOR vs. NAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Norway ETF (ENOR) and Nordic American Tankers Limited (NAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
ENOR vs. NAT - Dividend Comparison
ENOR's dividend yield for the trailing twelve months is around 5.39%, less than NAT's 12.88% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENOR iShares MSCI Norway ETF | 5.39% | 6.32% | 5.06% | 4.02% | 2.24% | 2.39% | 3.15% | 2.79% | 2.47% | 2.96% | 3.24% | 4.52% |
NAT Nordic American Tankers Limited | 12.88% | 16.00% | 11.67% | 3.59% | 3.55% | 15.25% | 2.03% | 3.50% | 21.42% | 16.32% | 8.89% | 6.01% |
Drawdowns
ENOR vs. NAT - Drawdown Comparison
The maximum ENOR drawdown since its inception was -55.37%, smaller than the maximum NAT drawdown of -90.63%. Use the drawdown chart below to compare losses from any high point for ENOR and NAT. For additional features, visit the drawdowns tool.
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Volatility
ENOR vs. NAT - Volatility Comparison
The current volatility for iShares MSCI Norway ETF (ENOR) is 3.90%, while Nordic American Tankers Limited (NAT) has a volatility of 7.90%. This indicates that ENOR experiences smaller price fluctuations and is considered to be less risky than NAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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