BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

ENORvsEZUETF Comparison

ETF 1

ENOR

iShares MSCI Norway ETF

This fund is part of

Europe Blended Cap

+0.01%

Full ENOR fund page

VS

ETF 2

EZU

iShares MSCI Eurozone ETF

This fund is part of

Europe Blended Cap

+0.01%

Full EZU fund page

iShares MSCI Norway ETF (ENOR) and iShares MSCI Eurozone ETF (EZU) belong to the same industry segment: Europe Blended Cap. ENOR's top 3 sector exposures are Energy, Finance and Industrials. In contrast, EZU's top sector exposures are Finance, Industrials and Technology. ENOR is more expensive with a Total Expense Ratio (TER) of 0.53%, versus 0.5% for EZU. ENOR is up 30.48% year-to-date (YTD) with +$290M in YTD flows. EZU performs worse with 7.73% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of ENOR and EZU below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

ENOR vs EZU performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 11/11/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	ENOR EZU	+1.90%+3.31%	+1.81%-5.18%	+30.48%+7.73%	+35.92%+10.33%	+84.47%+70.88%	+46.97%+54.32%
Flows	ENOR EZU	+$112M-$113M	+$241M-$5M	+$290M+$3M	+$290M+$238M	+$288M-$191M	+$283M-$885M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	ENOR EZU	+15.15%+15.64%	+16.15%+18.57%	+17.39%+16.96%	+21.00%+19.80%
Max drawdown	ENOR EZU	-7.79%-9.91%	-13.66%-12.88%	-14.91%-14.55%	-32.63%-35.51%
Max drawdown duration	ENOR EZU	50d87d	89d96d	54d44d	1149d772d

Trading data

Create an account to view trading data

Join for free

	ENOR	EZU
Last sale 11/13/2026 at 2:30 PM	$35.98	$67.29
Previous close 11/11/2026	$35.96	$67.23
Consolidated volume 11/11/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

	ENOR	EZU
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 11/13/2026 at 2:30 PM

Live

Closed

	ENOR	EZU
Last price	$35.98	$67.29
1D performance	+0.06%	+0.09%
AuM	$341.02 M	$9.39 B
E/R	0.53%	0.5%

Characteristics

	ENOR	EZU
Management strategy	Passive	Passive
Provider	iShares	iShares
Benchmark	MSCI Norway IMI 25/50 Index	MSCI EMU Index
N° of holdings	59	215
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 23, 2012	July 25, 2000
ESG	No	No

More ENOR data on Trackinsight

More EZU data on Trackinsight

Exposure

Countries

ENOR

Norway

89.24%

Other

10.76%

EZU

Germany

24.49%

France

24.18%

Netherlands

19.71%

Spain

11.15%

Italy

9.18%

Other

11.29%

Sectors

ENOR

Energy

31.76%

Finance

25.06%

Industrials

12.97%

Consumer Non-Cycl.

11.43%

Non-Energy Materi.

8.76%

Other

10.02%

EZU

Finance

27.84%

Industrials

18.66%

Technology

16.88%

Other

36.63%

Diversification

ENOR

Total weight of top 15 holdings out of 15

70.6%

EZU

Total weight of top 15 holdings out of 15

39.01%

Top 15 holdings

Data as of September 30, 2026

ENOR

Equinor ASA

12.16%

DNB Bank ASA

11.59%

Kongsberg Gruppen ASA

6.19%

Aker BP ASA

4.98%

Norsk Hydro ASA

4.92%

Mowi ASA

4.10%

Telenor ASA

3.66%

Storebrand ASA

3.51%

Subsea 7 SA

3.38%

Frontline Plc

3.19%

Yara International ASA

3.11%

Orkla ASA

3.07%

Gjensidige Forsikring ASA

2.40%

Vår Energi ASA

2.20%

Sparebank 1 Sør-Norge ASA

2.14%

EZU

ASML Holding NV

9.41%

Siemens AG

3.02%

SAP SE

2.86%

Banco Santander SA

2.67%

Schneider Electric SE

2.44%

Allianz SE

2.40%

TotalEnergies SE

2.23%

Banco Bilbao Vizcaya Argentaria SA

2.11%

Iberdrola SA

1.94%

Safran SA

1.75%

Airbus SE

1.72%

UniCredit SpA

1.71%

Siemens Energy AG

1.68%

Air Liquide SA

1.61%

LVMH Moët Hennessy Louis Vuitton SE

1.47%

Frequently asked questions about ENOR and EZU

ENORvsEZUETF Comparison

iShares MSCI Norway ETF

iShares MSCI Eurozone ETF

ENOR vs EZU performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the ENOR and EZU ETFs performed in 2026?

As of November 11, 2026, ENOR is up 30.48% year-to-date (YTD), while EZU has returned 7.73%. That puts ENOR better performer ahead so far this year.

Which ETF is attracting more investor money: ENOR or EZU?

Year-to-date, the ENOR ETF saw +$290M in flows, compared to +$3M for EZU.

Which ETF is more volatile: ENOR or EZU?

Over the past year, ENOR had a volatility of 16.15%, while EZU experienced 18.57%.

Which ETF is bigger: ENOR or EZU?

As of November 11, 2026, ENOR holds $341.02 M in assets under management (AUM), while EZU manages $9.39 B.

What sectors do the ENOR and EZU ETFs invest in?

ENOR leans toward sectors like Energy, Finance and Industrials. Meanwhile, EZU focuses on Finance, Industrials and Technology.

What are the top holdings of the ENOR ETF and EZU ETF?

ENOR top holdings include Equinor ASA, DNB Bank ASA and Kongsberg Gruppen ASA. EZU holds in its top three: ASML Holding NV, Siemens AG and SAP SE.

Which ETF is more diversified: ENOR or EZU?

ENOR holds 59 securities with 70.6% of its assets in the top 15. EZU has 216 securities and a top 15 weight of 39.01%.

ETFs’ Next Act: From Access to Selection