NORW vs ENOR

ANORW

BENOR

Measures won4–2NORW wins · of 6 · 5Y

$10,000 · 5Y$14,737ENOR · NORW $14,701

Lowest cost0.35%XDEF · $35 on $10k

Most income6.80%NORW · $680 on $10k

Smallest drop−14.5%NORW · worst fall in 1Y

Held in common99.8%NORW and ENOR

NORW

ENOR

Global X - MSCI Norway ETF · $94MiShares MSCI Norway ETF · $337M

+24.6%3 years · per year$19,361 · $19,480+24.9%

+7.8%5 years · per year$14,562 · $14,670+8.0%

0.50%Expense ratio$50 · $53 on $10k · lower wins0.53%

6.80%12-mo yield$680 · $501 on $10k5.01%

−14.5%Worst dropSmaller wins−14.6%

16.9%VolatilityLower wins17.4%

4–2NORW wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsNORW · ENOR

13.3%EQNR.OL13.3%

11.5%DNB.OL11.5%

6.7%KOG.OL6.7%

5.6%AKRBP.OL5.6%

Held in common99.8%

End-of-day Nov 4, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Four

5Y4 funds

#
1	BENOR	iShares MSCI Norway ETFRead Desk	0.53%	5.01%	−0.9%	+33.4%	+40.3%	+24.9%	+8.0%	−14.6%	$337M
2	ANORW	Global X - MSCI Norway ETFRead Desk	0.50%	6.80%	−0.6%	+32.3%	+40.0%	+24.6%	+7.8%	−14.5%	$94M
3	XDEF	Xtrackers Europe Defense Technologies ETFRead Desk	0.35%	1.62%	−0.8%	new	new	new	new	[…]	$4M
4	WDEF	WisdomTree Europe Defense FundRead Desk	0.45%	0.07%	−0.3%	−0.4%	−5.4%	new	new	−23.9%	$84M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	BENOR	iShares MSCI Norway ETFRead Desk	0.53%	5.01%	−0.9%	+33.4%	+40.3%	+24.9%	+8.0%	−14.6%	$337M
2	ANORW	Global X - MSCI Norway ETFRead Desk	0.50%	6.80%	−0.6%	+32.3%	+40.0%	+24.6%	+7.8%	−14.5%	$94M
3	XDEF	Xtrackers Europe Defense Technologies ETFRead Desk	0.35%	1.62%	−0.8%	new	new	new	new	[…]	$4M
4	WDEF	WisdomTree Europe Defense FundRead Desk	0.45%	0.07%	−0.3%	−0.4%	−5.4%	new	new	−23.9%	$84M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

NORW vs ENOR

NORW

Global X - MSCI Norway

$14,562

ENOR

iShares MSCI Norway

$14,670

MeasureNORWENOR

Fee0.50%0.53%

Cost on $10k a year$50$53

Yield6.80%5.01%

5 years, per year+7.8%+8.0%

3 years, per year+24.6%+24.9%

Worst drop · 1Y−14.5%−14.6%

Volatility · 1Y16.9%17.4%

4–2measures won
NORW first

99.8%

holdings shared

Nov 4, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+32.8%

VIGVanguard

+14.0%

+32.8%Year to date+14.0%

3.0%Yield1.5%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+7.5%

JEPIJ.P. Morgan

+7.0%

+7.5%Year to date+7.0%

12.3%Yield8.0%

$41.8BAssets$46.0B

2–0JEPQ wins

End-of-day Nov 4, 2026

SPYM vs SPY

YTD

SPDRSPYM

+11.5%

SPYSPDR

+11.5%

+11.5%Year to date+11.5%

1.0%Yield1.0%

$185BAssets$798B

0–0level

End-of-day Nov 4, 2026

Overlap: NORW, ENOR, XDEF, WDEF

Today

99.8%most shared, NORW and ENOR

NORWENORXDEFWDEF

NORW—99.8%5.6%6.4%

ENOR99.8%—5.7%6.4%

XDEF5.6%5.7%—70.0%

WDEF6.4%6.4%70.0%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$630most kept, NORW

NORW$680 − $50 = $630

ENOR$501 − $53 = $448

XDEF$162 − $35 = $127

WDEF$7 − $45 = −$38

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee