ENOR: Unsurprising Beneficiary Of The Iran War
The iShares MSCI Norway ETF (ENOR) is heavily exposed to oil E&P, oil services, and defense, benefiting from the ongoing Iran War and energy crisis. ENOR's financial sector, especially insurance, is supported by favorable yield curve dynamics, though banks face headwinds from yield curve flattening. Energy and defense exposures drive near-term outperformance and ENOR would benefit from the war continuing as long as possible.
Are Europe ETFs at Threat Due to Iran Crisis?
A sustained spike in natural gas prices due to the escalating Middle East conflict could weigh heavily on European growth, analysts warn, as quoted on CNBC.
4 Country ETFs Hovering Around a 52-Week High
ACWX tops SPY early in 2026. Norway, Turkey, South Korea and Japan ETFs hover near 52-week highs on higher oil price, easing inflation and chip rally.
Country ETFs to Gain/Lose on Oil Price Rebound
A surprise Israeli strike on Iran sent oil prices soaring. This may prompt sharp reactions in country ETFs such as ENOR (upside) and INDY (downside).
Norway ETF (ENOR) Hit a 52-Week High
ENOR hit a 52-week high on June 12, gaining 33.1% from its low, as Middle East tensions fuel strength in Norway's energy-heavy market.
ENOR: Trending Well, With Favorable Prospects
Norwegian equities, have outperformed global and European stocks, surging by 15% in 2025. Both ENOR and NORW track the same index - the MSCI Norway IMI 25/50 Index, but NORW is cheaper to access, and ENOR is more rewarding from a yield angle. Norway's GDP growth is expected to improve to 1.8% in 2025, with strong consumer conditions and potential rate cuts boosting the spending power of highly debted households.
Country ETF Dividends
Topping the list and outperforming in that span have been emerging market countries like Brazil and India, which are both up well over 6.5%. International ETFs don't only have momentum on their side, but they also offer higher yields than the US at the current moment. Across all 22 ETFs, the average yield stands at 3.25%.
China Outperforms The Rest Of The World
Shanghai CSI 300 has gone from a 52-week low to a 52-week high in only a couple of weeks. Other than China and Hong Kong, Australia is the only other international market starting the week at a 52-week high.
EM Election Madness
Equities here in the US have gotten off to a weak start this month, with the S&P 500 down modestly over the past couple of sessions. The US-traded ETF that tracks Mexican stocks is down 8.3% month-to-date and 12.3% year-to-date.
