# Global X MSCI Norway ETF (NORW)

> Source: Nexqual · https://nexqual.com/NORW · data as of 2026-10-23 19:11 UTC · cite as "Nexqual, Global X MSCI Norway ETF (NORW), nexqual.com/NORW" · informational, not investment advice.

**Price:** USD 37.31 (+0.82% today) · US market open, as of October 23, 2026 at 19:11 UTC; quotes may be delayed. Prev close 37 · day 36.95–37.32 · 52w 27.84–39.39 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y +34.1% vs S&P 500 +14.5%; 5Y +49.3% vs S&P 500 +77.1%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +34.1% | +49.3% |
| S&P 500 (SPY) | +14.5% | +77.1% |
| Per year | +34.1% | +8.3% |
| Volatility (annualized) | 17.1% | 20.3% |
| Max drawdown | -14.5% (May 2026→Jun 2026) | -32.2% (Apr 2022→Sep 2022) |

## Peers
ENOR (iShares MSCI Norway ETF) USD 36.86 +0.85% · EIRL (iShares MSCI Ireland ETF) USD 79.62 +0.00% · ENZL (iShares MSCI New Zealand ETF) USD 44.89 -1.05% · EFNL (iShares MSCI Finland ETF) USD 49.41 +0.24% · COLO (Global X MSCI Colombia ETF) USD 48.82 +1.16%

## More
Full page: https://nexqual.com/NORW · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-12-18 | 56 | 15.9% | ±5.0% |
| 2027-03-19 | 147 | 15.6% | ±10.1% |