ATLASiShares MSCI Norway ETF (ENOR): outlook, holdings and fees
iShares MSCI Norway ETF (ENOR) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.52% and the yield is 5.15%. The ten largest holdings are 59% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on ENOR
| Last price | $37.28 (-1.0%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $36.48 – $38.46 |
| Normal 1-day range (±1σ) | ±0.9% |
| Distribution yield | 5.15% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
ENOR fund facts
| Issuer | iShares |
|---|---|
| Theme | Other strategies |
| Assets under management | $223M |
| Expense ratio | 0.52% |
| Number of holdings | 58 |
| Portfolio turnover | 11% |
| Inception | Jan 23, 2012 |
| Exchange | CBOE |
The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index is a free float-adjusted market capitalization-weighted index that is designed to measure the performance of the large-, mid- and small-capitalization segments of the equity market. in Norway. The fund is non-diversified.
ENOR top holdings
| Holding | Sector | Weight |
|---|---|---|
| Equinor ASA EQNR | Energy | 13.33% |
| DnB ASA DNB | Financial Services | 10.73% |
| Kongsberg Gruppen ASA KOG | Industrials | 5.95% |
| Aker BP ASA AKRBP | Energy | 5.13% |
| Norsk Hydro ASA NHY | Basic Materials | 4.85% |
| Mowi ASA MOWI | Consumer Defensive | 4.29% |
| Frontline Ltd FRO | Energy | 3.67% |
| Telenor ASA TEL | Communication Services | 3.55% |
| Subsea 7 S.A. SUBC | Energy | 3.70% |
| Storebrand ASA STB | Financial Services | 3.58% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
ENOR sector breakdown
| Sector | Weight |
|---|---|
| Energy | 31.5% |
| Financial Services | 23.5% |
| Industrials | 15.9% |
| Consumer Defensive | 10.9% |
| Basic Materials | 8.6% |
| Communication Services | 5.1% |
| Technology | 3.2% |
| Utilities | 0.6% |
| Consumer Cyclicals | 0.5% |
| Real Estate | 0.2% |
By region: Europe Developed 97.8%, Asia Developed 1.1%, North America 1.0%, Latin America 0.2%.
ENOR returns and risk
| Year to date | +29.0% |
|---|---|
| 1 year | +27.7% |
| 3 years (annualised) | +22.1% |
| 5 years (annualised) | +8.5% |
| 10 years (annualised) | +8.6% |
| Volatility (3 years) | 18.0% |
| Sharpe ratio (3 years) | 0.82 |
Past returns do not guarantee future results.
ENOR: frequently asked questions
What does ENOR invest in?
iShares MSCI Norway ETF invests in a portfolio of securities. Its largest holdings are Equinor ASA (13.3%), DnB ASA (10.7%), Kongsberg Gruppen ASA (5.9%), Aker BP ASA (5.1%), Norsk Hydro ASA (4.9%).
What is the ENOR expense ratio?
0.52% a year: about $52.00 for every $10,000 invested.
What is the ENOR dividend yield?
5.15%. ATLAS does not hold the exact distribution dates for ETFs.
Will ENOR go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $36.48 to $38.46 from $37.28 today. It is a probability, not a prediction.
How has ENOR performed?
Year to date +29.0%, one year +27.7%, three years +22.1% a year, five years +8.5% a year. Past returns do not guarantee future results.
Similar ETFs: Other strategies
- iShares Russell 1000 ETF (IWB)
- Vanguard Extended Market ETF (VXF)
- State Street SPDR S&P MidCap 400 ETF Trust (MDY)
- iShares S&P 100 ETF (OEF)
- iShares Russell 3000 ETF (IWV)
- Vanguard Mortgage-Backed Securities ETF (VMBS)
- State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM)
- iShares Preferred and Income Securities ETF (PFF)
Educational information, not investment advice. Disclaimer