BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

ENORvsFEZETF Comparison

ETF 1

ENOR

iShares MSCI Norway ETF

This fund is part of

Europe Blended Cap

-0.52%

Full ENOR fund page

VS

ETF 2

FEZ

State Street SPDR EURO STOXX 50 ETF

This fund is part of

Europe Blended Cap

-0.52%

Full FEZ fund page

iShares MSCI Norway ETF (ENOR) and State Street SPDR EURO STOXX 50 ETF (FEZ) belong to the same industry segment: Europe Blended Cap. ENOR's top 3 sector exposures are Energy, Financials and Consumer Staples. In contrast, FEZ's top sector exposures are Industrials, Financials and Information Technology. ENOR is more expensive with a Total Expense Ratio (TER) of 0.53%, versus 0.29% for FEZ. ENOR is up 27.05% year-to-date (YTD) with +$82M in YTD flows. FEZ performs worse with 1.77% YTD performance, and -$656M in YTD flows. Run a side-by-side ETF comparison of ENOR and FEZ 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 FEZ 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 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	ENOR FEZ	+5.03%+8.93%	+16.21%-3.43%	+27.05%+1.77%	+48.81%+19.81%	+80.65%+55.01%	+53.72%+61.73%
Flows	ENOR FEZ	+$34M-$407M	+$80M-$799M	+$82M-$656M	+$85M-$659M	+$85M+$457M	+$80M+$1.15B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	ENOR FEZ	+19.81%+26.16%	+15.39%+17.48%	+18.06%+17.83%	+21.43%+20.80%
Max drawdown	ENOR FEZ	-4.40%-12.89%	-8.84%-12.89%	-14.91%-15.03%	-32.63%-34.74%
Max drawdown duration	ENOR FEZ	11d61d	118d61d	54d44d	1149d584d

Trading data

Create an account to view trading data

Join for free

	ENOR	FEZ
Last sale 4/27/2026 at 7:59 PM	$36.57	$65.26
Previous close 04/27/2026	$36.70	$65.61
Consolidated volume 04/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 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	FEZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/27/2026 at 7:59 PM

Live

Closed

	ENOR	FEZ
Last price	$36.57	$65.26
1D performance	-0.35%	-0.53%
AuM	$137.14 M	$4.41 B
E/R	0.53%	0.29%

Characteristics

	ENOR	FEZ
Management strategy	Passive	Passive
Provider	iShares	State Street Investment Management
Benchmark	MSCI Norway IMI 25/50 Index	Euro Stoxx 50 Index
N° of holdings	50	47
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 23, 2012	October 15, 2002
ESG	No	No

More ENOR data on Trackinsight

More FEZ data on Trackinsight

Exposure

Countries

ENOR

Norway

90.39%

Other

9.61%

FEZ

France

30.91%

Germany

29.42%

Netherlands

18.72%

Italy

7.31%

Other

13.64%

Sectors

ENOR

Energy

26.2%

Financials

22.17%

Consumer Staples

12%

Materials

10.77%

Other

28.86%

FEZ

Industrials

20.73%

Financials

18.55%

Information Techn.

15.43%

Consumer Discreti.

10.49%

Other

34.8%

Diversification

ENOR

Total weight of top 15 holdings out of 15

75.69%

FEZ

Total weight of top 15 holdings out of 15

52.27%

Top 15 holdings

Data as of March 31, 2026

ENOR

EQUINOR

14.90%

DNB BANK

11.62%

NO0013536151

7.89%

NORSK HYDRO

6.15%

AKER BP ASA

4.94%

MOWI ASA

4.51%

YARA INTL

4.05%

TELENOR

3.85%

ORKLA

3.71%

UNI STOREBRAND

3.18%

SUBSEA

2.92%

GJENSIDIGE

2.19%

CY0200352116

2.13%

SPAREBANK1 SRANK

1.88%

SCHIBSTED

1.77%

FEZ

ASML HOLDING

9.76%

TOTALENERGIES SE

4.43%

SIEMENS

3.87%

SAP SE

3.76%

ALLIANZ SE

3.42%

SCHNEIDER ELECTRIC SE

3.31%

IBERDROLA SA

3.07%

LVMH MOET HENNESSY LOUIS VUITT

2.90%

DEUTSCHE TELEKOM AG

2.82%

SIEMENS ENERGY AG

2.75%

SAFRAN

2.58%

AIR LIQUIDE

2.58%

AIRBUS SE

2.37%

SANOFI SA

2.34%

UNICREDIT SPA

2.30%

Frequently asked questions about ENOR and FEZ

How have the ENOR and FEZ ETFs performed in 2026?

As of April 27, 2026, ENOR is up 27.05% year-to-date (YTD), while FEZ has returned 1.77%. That puts ENOR better performer ahead so far this year.

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

Year-to-date, the ENOR ETF saw +$82M in flows, compared to -$656M for FEZ.

Which ETF is more volatile: ENOR or FEZ?

Over the past year, ENOR had a volatility of 15.39%, while FEZ experienced 17.48%.

Which ETF is bigger: ENOR or FEZ?

As of April 27, 2026, ENOR holds $137.14 M in assets under management (AUM), while FEZ manages $4.41 B.

What sectors do the ENOR and FEZ ETFs invest in?

ENOR leans toward sectors like Energy, Financials and Consumer Staples. Meanwhile, FEZ focuses on Industrials, Financials and Information Technology.

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

ENOR top holdings include EQUINOR, DNB BANK and NO0013536151. FEZ holds in its top three: ASML HOLDING, TOTALENERGIES SE and SIEMENS.

Which ETF is more diversified: ENOR or FEZ?

ENOR holds 57 securities with 75.69% of its assets in the top 15. FEZ has 47 securities and a top 15 weight of 52.27%.

European Equity ETFs See Strong Inflows, Performance Amidst Trump Tariffs

March 11, 2025

FEZ

ENORvsFEZETF Comparison

iShares MSCI Norway ETF

State Street SPDR EURO STOXX 50 ETF

ENOR vs FEZ 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 FEZ ETFs performed in 2026?

As of April 27, 2026, ENOR is up 27.05% year-to-date (YTD), while FEZ has returned 1.77%. That puts ENOR better performer ahead so far this year.

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

Year-to-date, the ENOR ETF saw +$82M in flows, compared to -$656M for FEZ.

Which ETF is more volatile: ENOR or FEZ?

Over the past year, ENOR had a volatility of 15.39%, while FEZ experienced 17.48%.

Which ETF is bigger: ENOR or FEZ?

As of April 27, 2026, ENOR holds $137.14 M in assets under management (AUM), while FEZ manages $4.41 B.

What sectors do the ENOR and FEZ ETFs invest in?

ENOR leans toward sectors like Energy, Financials and Consumer Staples. Meanwhile, FEZ focuses on Industrials, Financials and Information Technology.

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

ENOR top holdings include EQUINOR, DNB BANK and NO0013536151. FEZ holds in its top three: ASML HOLDING, TOTALENERGIES SE and SIEMENS.

Which ETF is more diversified: ENOR or FEZ?

ENOR holds 57 securities with 75.69% of its assets in the top 15. FEZ has 47 securities and a top 15 weight of 52.27%.

European Equity ETFs See Strong Inflows, Performance Amidst Trump Tariffs

Have you tried our ETF Compare tool?