IVAL vs. NORW ETF Comparison

Comparison of ValueShares International Quantitative Value ETF (IVAL) to Global X FTSE Norway 30 ETF (NORW)
IVAL

ValueShares International Quantitative Value ETF

IVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily - generally greater than 80%, but at least 65% of its net assets, plus any borrowings for investment purposes - in equity securities of international companies that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest primarily in the exchange-listed common stock of international companies and depositary receipts. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.55

Average Daily Volume

15,937

Number of Holdings *

3

* may have additional holdings in another (foreign) market
NORW

Global X FTSE Norway 30 ETF

NORW Description The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Norway 30 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The index is designed to reflect broad based equity market performance in Norway. The Adviser uses a "passive" or indexing approach to try to achieve the fund's investment objective. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.48

Average Daily Volume

8,077

Number of Holdings *

4

* may have additional holdings in another (foreign) market
Performance
Period IVAL NORW
30 Days 1.08% 0.49%
60 Days -1.11% 0.91%
90 Days -1.00% 5.12%
12 Months 11.47% 9.84%
1 Overlapping Holdings
Symbol Grade Weight in IVAL Weight in NORW Overlap
HAFN F 2.06% 1.34% 1.34%
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