iShares[…]

iShares MSCI Finland ETFEFNL

S&P 500 Compare

$51.18+3.2%

+$1.59 · Nov 9 close

Buy

AUM: $385M
Fee: 0.53%
Yield: 1.1%

Bumpy · 1Y: 1.5×S&P
Volume: 222K
NAV: $49.69

What's insideAll 38 →

NDA-FI.HE 19.6%NOKIA.HE 13.6%SAMPO.HE 8.7%KNEBV.HE 5.4%

52-week range12% below the high

$43.53$58.30

Returns	Today	1W	1M	3M	YTD	1Y	3Y	5Y	Max
Total return	+3.2%	+2.8%	−2.4%	−3.0%	+7.6%	+14.6%	+76.2%	+29.2%	+225.6%
S&P 500 · VOO	+2.3%	+0.1%	−3.3%	−2.1%	+11.3%	+13.6%	+81.6%	+75.4%	—

EFNL in One Breath

EFNL Among Its Peers

YTD

#1EFNLiShares+7.6%$385M

End-of-day Nov 9, 2026 · 1 ETFs by YTD

$10,000 in EFNL

$10,000 in EFNL became

$12,924

In the S&P 500 (VOO)

$17,543

Total return, dividends in · Nov 1, 2021 – Nov 9, 2026 · S&P 500 uses VOO

EFNL’s Top Holdings

Today

NDA-FI.HENordea Bank19.6%NOKIA.HE13.6%SAMPO.HE8.7%KNEBV.HE5.4%ORNBV.HE4.9%METSO.HE4.7%FORTUM.HE4.5%WRT1V.HE4.1%NESTE.HE4.0%KESKOB.HE3.1%STERV.HE2.5%KCR.H21 more

Financial ServicesIndustrialsTechnologyHealthcareUtilitiesEnergyOther

iShares EFNL · 33 holdings · tile size = share of the fund · as of Nov 9, 2026

What EFNL Holds

Today

Financial Services28.3%

NDA-FI.HE 19.6 · SAMPO.HE 8.7

Industrials19.4%

KNEBV.HE 5.4 · METSO.HE 4.7 · WRT1V.HE 4.1 · KCR.HE 2.4 · VALMT.HE 1.9 · KALMAR.HE

Technology14.2%

NOKIA.HE 13.6 · BITTI.HE

Healthcare4.9%

ORNBV.HE 4.9

Utilities4.5%

FORTUM.HE 4.5

Energy4.0%

NESTE.HE 4.0

Consumer Cyclical3.7%

STERV.HE 2.5 · HUH1V.HE 1.3

iShares EFNL · share of the fund by sector · as of Nov 9, 2026

Nordea’s Share of EFNL

Today

19.6%

$196 of every $1,000 in EFNL is Nordea

Nordea held by EFNL

$75.6M

Most Nordea per dollar

EFNL19.6%

PBEU3.2%

iShares EFNL · each square = $10 of $1,000 · as of Nov 9, 2026

EFNL’s Size vs Its Peers

Today

$385Mthe largest ETF

AUM · EFNL and the 0 largest peers · Nov 9, 2026

EFNL Fee per $100 vs Peers

Today

$0.53a year
per $100

$53 a year on $10,000

EFNL$0.53

Expense ratio · peers · Nov 9, 2026

Inside EFNL

33 holdings · as of Nov 9, 2026

EFNL

iShares MSCI Finland ETF

Today

Financial Services28.3%NDA-FI.HENordea Bank19.6%SAMPO.HE8.7%Industrials19.4%KNEBV.HE5.4%METSO.HE4.7%WRT1V.HE4.1%KCR.HEVALMT.HE1.9%Technology14.2%NOKIA.HE13.6%Healthcare4.9%ORNBV.HE4.9%Utilities4.5%FORTUM.HE4.5%Energy4.0%NESTE.HE4.0%Consumer Cyclical3.7%STERV.HE2.5%Consumer Defensive3.1%KESKOB.HE3.1%Other13.8%HIAB.HLUMO.YIT.H2 more

Financial Services28.3%NDA-FI.HE19.6%SAMPO.HE8.7%Industrials19.4%KNEBV.HE5.4%METSO.HE4.7%WRT1V.HE4.1%KCR.HETechnology14.2%NOKIA.HE13.6%Healthcare4.9%ORNBV.HE4.9%Utilities4.5%Energy4.0%Consumer Cyclical3.7%Consumer Defensive3.1%Other13.8%HIAB.7 more

#	Ticker	Company	Weight ▼
1	NDA-FI.HE	Nordea Bank	19.62%
2	NOKIA.HE	Nokia	13.64%
3	SAMPO.HE	Sampo	8.67%
4	KNEBV.HE	Kone	5.40%
5	ORNBV.HE	Orion	4.92%
6	METSO.HE	Metso	4.74%
7	FORTUM.HE	Fortum	4.53%
8	WRT1V.HE	Wartsila	4.12%
9	NESTE.HE	Neste	3.96%
10	KESKOB.HE	Kesko	3.12%

See all 38 holdings ↓

Financial ServicesIndustrialsTechnologyHealthcareUtilitiesEnergyConsumer CyclicalConsumer DefensiveCommunication ServicesBasic MaterialsOther

iShares EFNL · current holdings by weight · as of Nov 9, 2026 · each tile is one holding · top 20 = 88.3%

All EFNL Holdings

38 holdings · as of Nov 9, 2026

EFNL

EFNL’s Holdings

Today

#
1	NDA-FI.HENordea Bank	Financial Services	19.62%	$1,961.98	4.2M	$75.8M
2	NOKIA.HENokia	Technology	13.64%	$1,363.77	6.8M	$52.7M
3	SAMPO.HESampo	Financial Services	8.67%	$866.94	3.1M	$33.5M
4	KNEBV.HEKone	Industrials	5.40%	$540.25	321K	$20.9M
5	ORNBV.HEOrion	Healthcare	4.92%	$492.44	167K	$19.0M
6	METSO.HEMetso	Industrials	4.74%	$474.46	968K	$18.3M
7	FORTUM.HEFortum	Utilities	4.53%	$453.36	677K	$17.5M
8	—Upm-kymmene	—	4.43%	$442.88	683K	$17.1M
9	WRT1V.HEWartsila	Industrials	4.12%	$411.54	552K	$15.9M
10	NESTE.HENeste	Energy	3.96%	$396.42	500K	$15.3M
11	KESKOB.HEKesko	Consumer Defensive	3.12%	$311.52	421K	$12.0M
12	STERV.HEStora Enso Class R	Consumer Cyclical	2.46%	$245.86	882K	$9.5M
13	KCR.HEKonecranes	Industrials	2.39%	$238.84	295K	$9.2M
14	ELISA.HEElisa	Communication Services	2.21%	$220.68	225K	$8.5M
15	VALMT.HEValmet	Industrials	1.93%	$192.89	231K	$7.4M

iShares EFNL · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 9, 2026

How It Compares

EFNL

iShares MSCI Finland ETF’s Peers

YTD

EFNL has no close peers in our data yet: […]

Similar peers · YTD and past-year returns · as of Nov 10, 2026 · sorted by AUM

Head to Head

EFNL vs VOO

YTD

EFNL · iShares MSCI Finland

+7.6%

VOO · S&P 500

+11.3%

Gap

3.7 pts

iShares EFNL and Vanguard VOO · YTD total return · as of Nov 10, 2026

EFNL vs Its Peer Average

YTD

EFNLAvsBPeer average

1D+3.2%[…]

1M−2.4%[…]

3M−3.0%[…]

YTD+7.6%[…]

1Y+14.6%[…]

3Y+76.2%[…]

5Y+29.2%[…]

0–0level

0 peers · each row scaled to its leader

How Bumpy Is EFNL?

View

EFNL

How Bumpy

1.5×the S&P 500’s swings

CalmerBumpierS&P 1×EFNL

S&P 500 swings · 1Y13.7%

iShares EFNL · daily swings over the past year vs the S&P 500

EFNL

Worst Drop

−14.9%from its Jun 4 high

Still below the high−11.6%

$10,000 at the high is now$8,840

iShares EFNL · fall from the highest close, past year

EFNL

On a Bad Day

1.1×the S&P 500’s fall

EFNL’s worst day: Friday, Jun 5

EFNL

−5.2%

S&P 500

−2.6%

Up days57 of every 100

S&P 500 up days52 of every 100

iShares EFNL · average move on days the S&P 500 fell

EFNL

Return for the Bumps

#1EFNLiShares

No peers with a full year of prices to rank against yet.

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

EFNL

Cost

Today

$53a year per $10,000

EFNL

$53

Expense ratio 0.53%, taken from the fund’s value

EFNL

Volatility & Beta

20.6%annual volatility

S&P 500 volatility13.7%

Downside volatility14.9%

Beta vs SPY1.02

Correlation vs SPY0.68

Daily total returns × √252 · past 254 trading days

EFNL

Max Drawdown

−14.9%peak to trough

Peak closeJun 4, 2026

Current drawdown−11.6%

Worst day−5.23% · Jun 5

Closing prices, dividends in

EFNL

Up / Down Capture

107%down capture vs SPY

Down days

107%

Up days

110%

S&P 500

100%

Up ÷ down capture1.03

Up days56.7% (S&P 52.4%)

Average daily move on SPY up days and down days

EFNL

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
EFNL	0.56	0.77	20.6%	−14.9%	1.02	$53

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

EFNL

Trading

Today

+3.00%above its holdings’ value

Close$51.18

NAV$49.69

Fee per $10,000$53 a year

Avg. volume 30D48K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 9

The Details

EFNL

Fund Facts

Today

2012launched Jan 25

Tracks[…]

Exchange · CUSIPCBOE · 46429B515

StructureETF

Leverage1x

Cost on $10,000$53 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

iShares EFNL · fund facts · as of Nov 10, 2026

EFNL

Payouts by Year

13Y

$0.29per share, Jun 2026

Distribution yield1.1%

PaidTwice a year

Latest ex-date · paidJun 15 · Jun 18, 2026

12 payouts added up$8.98 a share

iShares EFNL · distributions by ex-date · 2014–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-08-31 ↗SEC reported portfolio · 2026-05-31 ↗SEC reported portfolio · 2026-02-28 ↗SEC reported portfolio · 2025-11-30 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-08-31 ↗

Trading & Liquidity

Net asset value$49.69

Premium / discount[…]

Median spread · 30D[…]

Volume today222K

Average volume · 30D48K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.53%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$53.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Jun 15, 2026	Jun 18, 2026	$0.29
Dec 16, 2025	Dec 19, 2025	$0.26
Jun 16, 2025	Jun 20, 2025	$1.37
Dec 17, 2024	Dec 20, 2024	$0.41
Jun 11, 2024	Jun 17, 2024	$1.22
Dec 20, 2023	Dec 27, 2023	$0.77
Jun 7, 2023	Jun 13, 2023	$0.77
Dec 13, 2022	Dec 19, 2022	$0.17
Jun 9, 2022	Jun 15, 2022	$2.05
Dec 13, 2021	Dec 17, 2021	$0.29
Jun 10, 2021	Jun 16, 2021	$0.80
Dec 14, 2020	Dec 18, 2020	$0.57

Issuer contentFrom iSharesHear the strategy from the people behind EFNL.No issuer videos have been published for this fund.Are you the issuer? Claim this fund →