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 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ENOR vs. NAT - Performance Comparison
Key characteristics
ENOR:
0.63
NAT:
-1.04
ENOR:
0.92
NAT:
-1.51
ENOR:
1.12
NAT:
0.83
ENOR:
0.49
NAT:
-0.40
ENOR:
2.32
NAT:
-1.65
ENOR:
4.49%
NAT:
19.16%
ENOR:
16.64%
NAT:
30.44%
ENOR:
-55.37%
NAT:
-90.75%
ENOR:
-12.08%
NAT:
-77.41%
Returns By Period
In the year-to-date period, ENOR achieves a 6.66% return, which is significantly higher than NAT's 4.80% return. Over the past 10 years, ENOR has outperformed NAT with an annualized return of 3.39%, while NAT has yielded a comparatively lower -5.90% annualized return.
ENOR
6.66%
2.12%
-0.48%
10.24%
4.21%
3.39%
NAT
4.80%
-1.50%
-22.70%
-29.77%
3.81%
-5.90%
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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.
Dividends
ENOR vs. NAT - Dividend Comparison
ENOR's dividend yield for the trailing twelve months is around 5.92%, less than NAT's 15.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENOR iShares MSCI Norway ETF | 5.92% | 6.31% | 5.06% | 4.02% | 2.23% | 2.39% | 3.14% | 2.79% | 2.47% | 2.96% | 3.24% | 4.52% |
NAT Nordic American Tankers Limited | 15.27% | 16.00% | 11.67% | 3.59% | 3.55% | 15.25% | 1.42% | 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 -90.75%. Use the drawdown chart below to compare losses from any high point for ENOR and NAT. For additional features, visit the drawdowns tool.
Volatility
ENOR vs. NAT - Volatility Comparison
The current volatility for iShares MSCI Norway ETF (ENOR) is 4.60%, while Nordic American Tankers Limited (NAT) has a volatility of 7.40%. 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.