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.
Performance
ENOR vs. NAT - Performance Comparison
Returns By Period
In the year-to-date period, ENOR achieves a 2.96% return, which is significantly higher than NAT's -22.91% return. Over the past 10 years, ENOR has outperformed NAT with an annualized return of 3.01%, while NAT has yielded a comparatively lower -3.38% annualized return.
ENOR
2.96%
-0.01%
-2.10%
7.62%
4.05%
3.01%
NAT
-22.91%
-11.94%
-26.60%
-26.02%
4.12%
-3.38%
Key characteristics
| ENOR | NAT | |
|---|---|---|
| Sharpe Ratio | 0.43 | -0.84 |
| Sortino Ratio | 0.68 | -1.13 |
| Omega Ratio | 1.08 | 0.87 |
| Calmar Ratio | 0.33 | -0.35 |
| Martin Ratio | 1.76 | -2.00 |
| Ulcer Index | 4.34% | 13.00% |
| Daily Std Dev | 17.73% | 31.08% |
| Max Drawdown | -55.37% | -90.41% |
| Current Drawdown | -13.13% | -74.04% |
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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.
Risk-Adjusted Performance
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 5.33%, less than NAT's 14.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENOR iShares MSCI Norway ETF | 5.33% | 5.06% | 4.02% | 2.23% | 2.39% | 3.14% | 2.79% | 2.47% | 2.96% | 3.24% | 4.52% | 0.63% |
NAT Nordic American Tankers Limited | 14.24% | 11.67% | 3.59% | 3.55% | 15.25% | 1.42% | 3.50% | 21.42% | 16.62% | 9.05% | 6.13% | 6.63% |
Drawdowns
ENOR vs. NAT - Drawdown Comparison
The maximum ENOR drawdown since its inception was -55.37%, smaller than the maximum NAT drawdown of -90.41%. 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 4.94%, while Nordic American Tankers Limited (NAT) has a volatility of 9.42%. 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.