MSCI Norway ETF (NORW) is a Global X ETF with a 0.50% expense ratio, 61 holdings and $92MM in net assets. Largest sector: Energy (34%).
Fee
0.50%
expense ratio
Net assets
$92MM
Launched
Nov 9, 2010
Holdings
61
as of Oct 23, 2026
Top 10 weight
58.6%
largest ten holdings
Largest sector
Energy
34.4%
Yield
30-day SEC 4.48% · TTM 7.10%
as of Oct 12, 2026
Benchmark
MSCI Norway IMI 25/50 Index
NORW's holdings are as of Oct 23, 2026.
Energy
34.4%
Financial Services
22.9%
Industrials
14.0%
Consumer Defensive
11.3%
Basic Materials
7.6%
Communication Services
5.2%
Technology
3.0%
Consumer Cyclical
0.9%
Utilities
0.5%
Real Estate
0.2%
1
EQNR
EQUINOR ASA
13.74%
2
DNB
DNB Bank ASA
11.43%
3
KOGo
Kongsberg Gruppen ASA
5.79%
4
AKRBP
Aker BP ASA
5.72%
5
MOWI
Mowi ASA
4.33%
6
NHY
Norsk Hydro ASA
3.99%
7
TEL
TELENOR
3.61%
8
STB
Storebrand ASA
3.41%
9
SUBC
Subsea 7 SA
3.29%
10
FRO
Frontline
3.28%
11
ORK
Orkla ASA
3.19%
12
YAR
Yara International ASA
2.95%
13
VAR
VAR ENERGI ASA
2.54%
14
GJF
Gjensidige Forsikring ASA
2.40%
15
SRBNK
SpareBank 1 Sor-Norge ASA
2.09%
16
SALM
Salmar ASA
1.82%
17
SCHB
Schibsted ASA Class B
1.53%
18
NOD
Nordic Semiconductor ASA
1.38%
19
TGS
TGS ASA
1.24%
20
MING
SpareBank 1 SMN
1.20%
21
AKER
Aker ASA
1.18%
22
—
Kongsberg Maritime AS
1.13%
23
BAKKA
Bakkafrost P/F
1.07%
24
PROT
Protector Forsikring ASA
1.05%
25
BWLPG
BW LPG Ltd
1.03%
1–25 of 61
Funds listed by how much of their largest holdings they share with NORW — not a ranking.
Data from Global X; prices and returns from market data. Page updated October 29, 2026. Holdings and figures change over time. For information only — not investment advice.