ENOR Performance — iShares MSCI Norway ETF
Data updated: 2026-07-27
ENOR returned +28.63% year to date and +40.39% over one year to May 2026. Annualised returns are +25.05% over 3 years and +8.94% over 5 years. The fund beat its Norway Equity category average: $100 invested three years ago grew to $196, against $196 for the category, and to $140 over one year, against $140. Volatility over the past three years was 16.16% a year. In the 12 months to May 2026 the fund took in a net $55.6M, and assets reached $111.08M.
ENOR Growth of $100
What $100 invested in iShares MSCI Norway ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Norway Equity category average over the same months.
| Period | ENOR | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $140 | $140 |
| 3 years (Jun 2023 – May 2026) | $196 | $196 |
| 5 years (Jun 2021 – May 2026) | $153 | $158 |
| Since data start (Sep 2019 – May 2026) | $207 | $213 |
ENOR Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +28.63% |
| 1 year | +40.39% |
| 3 years (annualised) | +25.05% |
| 5 years (annualised) | +8.94% |
ENOR Annual Returns
Calendar-year total returns of iShares MSCI Norway ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +28.63% |
| 2025 | +32.58% |
| 2024 | −2.66% |
| 2023 | +4.56% |
| 2022 | −12.58% |
| 2021 | +17.94% |
| 2020 | +3.49% |
| 2019 (Sep–Dec) | +11.91% |
ENOR Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.7% | +9.2% | +6.1% | +2.3% | −1.1% | — | — | — | — | — | — | — |
| 2025 | +6.8% | −0.5% | +8.3% | −0.9% | +6.5% | +4.9% | −2.8% | +4.6% | +0.9% | −3.8% | +0.1% | +5.3% |
| 2024 | −5.5% | −1.0% | +2.9% | −0.2% | +11.9% | −3.2% | +0.2% | +1.2% | −1.1% | −2.6% | +0.5% | −4.8% |
| 2023 | −0.4% | −0.7% | −4.2% | +0.8% | −7.0% | +4.6% | +8.5% | −4.0% | +2.0% | −4.7% | +4.1% | +6.9% |
| 2022 | −2.5% | +2.4% | +4.3% | −7.8% | +3.8% | −12.7% | +8.4% | −3.6% | −19.5% | +11.0% | +10.5% | −2.6% |
| 2021 | −0.3% | +3.2% | +6.1% | +4.2% | +2.5% | −2.6% | −1.3% | +2.3% | +0.8% | +6.6% | −8.4% | +4.6% |
| 2020 | −6.9% | −11.6% | −23.7% | +11.9% | +7.4% | +0.3% | +9.8% | +8.6% | −7.7% | −7.2% | +23.9% | +8.1% |
| 2019 | — | — | — | — | — | — | — | — | +3.3% | +0.2% | +0.2% | +8.0% |
ENOR Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 16.16%
- 3-year Sharpe ratio: 1.27 (vs 4.5% risk-free rate)
- Best month: +11.95% (May 2024)
- Worst month: −5.47% (Jan 2024)
ENOR Fund Flows
Monthly money in and out of iShares MSCI Norway ETF, from SEC Form N-PORT.
- 12-month net flow: $55.6M
- 12-month gross sales (incl. reinvestments): $127.7M
- Sales ÷ redemptions: 1.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $5.6M | $25.9M | −$20.3M |
| Apr 2026 | $62.8M | $42.0M | $20.9M |
| Mar 2026 | $42.2M | $1 | $42.2M |
| Feb 2026 | $8.4M | $0 | $8.4M |
| Jan 2026 | $3.1M | $0 | $3.1M |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $1.4M | −$1.4M |
| Jul 2025 | $0 | $0 | $0 |
| Jun 2025 | $5.7M | $2.7M | $2.9M |
ENOR Assets Under Management
Net assets of iShares MSCI Norway ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $111.08M |
| 2026-02-28 | $62.05M |
| 2025-11-30 | $40.05M |
| 2025-08-31 | $41.21M |
| 2025-05-31 | $38.04M |
| 2025-02-28 | $28.54M |
| 2024-11-30 | $28.87M |
| 2024-08-31 | $29.84M |
| 2024-05-31 | $30.19M |
| 2024-02-29 | $27.40M |
| 2023-11-30 | $36.00M |
| 2023-08-31 | $34.41M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.