📈 ETFWinnerResearch & Rankings

Best Nordic ETFs 2026

Top ETFs for investing in Nordic markets. Access Sweden, Norway and Scandinavian equities.

🏆 Winner — #1 pick
1
EWD
EWD
NYSE
↗ 1.60%

iShares MSCI Sweden ETF

Price
kr53.40
YTD
+8.50%
Expense
0.53%
Yield
2.90%
Country/Region 🇸🇪 Sweden ⏱ Moderate
2
NORW
NORW
NYSE
↗ 0.46%

Global X MSCI Norway ETF

Price
kr37.52
YTD
+5.80%
Expense
0.50%
Yield
4.50%
Country/Region 🇳🇴 Norway ⏱ Moderate

Frequently asked questions

What is the iShares MSCI Sweden ETF (EWD)?

EWD provides exposure to Swedish equities, including innovative industrial companies and a strong tech sector. It has a yield of 2.9% and a YTD return of 8.5%.

Who manages EWD?

EWD is managed by BlackRock.

What sectors dominate the EWD ETF?

EWD is primarily composed of industrials, technology, consumer goods, and healthcare sectors.

What is the expense ratio of EWD?

EWD has an expense ratio of 0.53%.

What is the price of EWD?

EWD is priced at $49.55 per share.

Which ETF provides exposure to Norwegian equities?

Global X MSCI Norway ETF (NORW) tracks Norwegian equities, focusing on oil, gas, and other major industries. It has a yield of 4.5% and a YTD return of 5.8%.

Who manages NORW?

NORW is managed by Global X.

What is the expense ratio of NORW?

NORW has an expense ratio of 0.5%.

What is the price of NORW?

NORW is priced at $37.89 per share.

What is the AUM of NORW?

NORW has assets under management (AUM) of $85 million.

Which ETF offers higher dividend yield, EWD or NORW?

NORW offers a higher dividend yield at 4.5%, compared to EWD’s 2.9%.

Are these Nordic ETFs suitable for long-term investing?

Yes, these ETFs provide exposure to developed Nordic markets with strong industrial, tech, and energy sectors. Consider sector and country risks when investing.

Can US investors buy EWD and NORW?

Yes, both ETFs trade on US exchanges and can be purchased via standard brokerage accounts.

How volatile are Nordic ETFs?

EWD has moderate volatility, while NORW is moderate but influenced by oil and gas price fluctuations.

Which sectors are most prominent in Nordic ETFs?

Nordic ETFs primarily include industrials, technology, consumer goods, and energy sectors.

Which ETF is better for income-focused investors?

NORW may be better for income-focused investors due to its higher yield of 4.5%.

How do I compare EWD and NORW before investing?

Compare metrics like YTD return, dividend yield, expense ratio, sector exposure, and risk tolerance to determine which fits your portfolio.

What is the typical expense ratio for Nordic ETFs?

Expense ratios for Nordic ETFs range from 0.5% (NORW) to 0.53% (EWD).

What is the difference between EWD and NORW?

EWD focuses on Sweden with strong industrial and tech exposure, while NORW focuses on Norway with emphasis on oil, gas, and dividend income.

Are these ETFs considered developed market ETFs?

Yes, both EWD and NORW are developed market ETFs.