NORW vs KBA

Comparison between GLOBAL X MSCI NORWAY ETF (NORW, ETF) and KRANESHARES BOSERA MSCI CHINA A 50 CONNECT INDEX ETF (KBA, ETF).

5-Year PerformanceNORW has outperformed KBA, delivering a return of +7.5% compared to +5.0%

NORW vs KBA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NORW(ETF)	KBA(ETF)
Net Assets	$162M	$162M
Expense Ratio	0.50%	0.56%
Max Drawdown	42.58%	73.93%
Sharpe Ratio	1.39	1.90
5Y Beta	0.66	0.41
5Y Dividends CAGR	38.10%	-0.64%

Net Assets

NORW

$162M

Winner

KBA

$162M

Expense Ratio

Winner

NORW

0.50%

KBA

0.56%

Max Drawdown

Winner

NORW

42.58%

KBA

73.93%

Sharpe Ratio

NORW

1.39

Winner

KBA

1.90

5Y Beta

NORW

0.66

Winner

KBA

0.41

5Y Dividends CAGR

Winner

NORW

38.10%

KBA

-0.64%

NORW vs KBA - Historical Returns

Returns include dividend reinvestment.

Period	NORW	KBA
1 month	-2.72%	-2.39%
3 months	+2.93%	+11.67%
6 months	+28.34%	+12.58%
1 year	+27.27%	+43.53%
5 years(CAGR)	+7.49%	+4.97%
10 years(CAGR)	+9.93%	+9.75%
Max(CAGR)	+8.85%	+9.34%

NORW

-2.72%

Winner

KBA

-2.39%

NORW

+2.93%

Winner

KBA

+11.67%

Winner

NORW

+28.34%

KBA

+12.58%

NORW

+27.27%

Winner

KBA

+43.53%

5Y(CAGR)

Winner

NORW

+7.49%

KBA

+4.97%

10Y(CAGR)

Winner

NORW

+9.93%

KBA

+9.75%

Max(CAGR)

NORW

+8.85%

Winner

KBA

+9.34%

NORW vs KBA - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	NORW	KBA
2026	+22.30%	+8.04%
2025	+30.87%	+37.85%
2024	-0.60%	+18.55%
2023	+7.95%	-17.26%
2022	-13.23%	-8.90%
2021	+11.44%	+1.35%
2020	+24.91%	+38.52%
2019	+14.86%	+35.94%
2018	-11.15%	-27.57%
2017	+23.44%	+28.82%
2016	-6.19%	-10.07%
2015	+0.12%	-5.07%
2014	-3.61%	+56.08%
2013	+25.62%	N/A
2012	+23.24%	N/A
2011	-20.61%	N/A
2010	+21.10%	N/A
2009	+7.52%	N/A

NORW vs KBA Drawdown Comparison

The maximum drawdown for NORW was -35.62%, occurring on Sep 23, 2011. Recovery took 442 trading sessions.

The maximum drawdown for KBA was -52.89%, occurring on Feb 11, 2016. Recovery took 1407 trading sessions.

The current NORW drawdown is -5.47%. The current KBA drawdown is -3.89%.

Rank	NORW	KBA
#1	-35.62% Apr 29, 2011 - Feb 1, 2013	-52.89% Jun 8, 2015 - Jan 7, 2021
#2	-33.89% Jan 24, 2018 - Jul 15, 2020	-45.24% Feb 17, 2021 - Oct 7, 2024
#3	-32.77% Aug 16, 2021 - May 21, 2025	-31.26% Oct 7, 2024 - Oct 24, 2025
#4	-25.23% Jun 6, 2014 - Sep 7, 2017	-11.54% Jan 7, 2015 - Mar 16, 2015
#5	-19.56% Apr 20, 2010 - Sep 20, 2010	-8.26% Apr 10, 2014 - Jul 25, 2014
#6	-11.87% Jan 11, 2010 - Apr 1, 2010	-8.24% Apr 27, 2015 - May 21, 2015
#7	-11.38% May 21, 2013 - Jul 25, 2013	-7.65% Jan 6, 2026 - Apr 13, 2026
#8	-9.63% Oct 12, 2020 - Nov 10, 2020	-7.19% May 27, 2015 - Jun 8, 2015
#9	-9.61% Nov 4, 2010 - Dec 30, 2010	-6.75% May 13, 2026 - Jun 8, 2026
#10	-9.18% Sep 16, 2025 - Jan 2, 2026	-6.72% Dec 8, 2014 - Dec 17, 2014
#11	-8.99% Nov 11, 2009 - Jan 11, 2010	-6.70% Oct 29, 2025 - Dec 23, 2025
#12	-8.87% Feb 1, 2011 - Mar 30, 2011	-5.94% Mar 6, 2014 - Apr 9, 2014
#13	-7.95% Sep 22, 2009 - Oct 20, 2009	-5.72% Dec 17, 2014 - Dec 26, 2014
#14	-7.16% Oct 11, 2017 - Jan 12, 2018	-4.78% Apr 16, 2015 - Apr 21, 2015
#15	-7.06% Aug 21, 2009 - Sep 9, 2009	-4.44% Jan 12, 2021 - Feb 8, 2021

Correlation

Correlation between NORW and KBA is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2009 - 2025)

NORW vs KBA dividend yield comparison.

Year	NORW	KBA
2025	3.44%	1.56%
2024	6.02%	2.18%
2023	5.27%	2.34%
2022	4.01%	49.05%
2021	1.51%	9.07%
2020	1.13%	0.65%
2019	2.47%	1.53%
2018	3.53%	3.77%
2017	3.64%	1.46%
2016	3.79%	6.62%
2015	2.95%	29.08%
2014	3.85%	0.11%
2013	2.58%	0.00%
2012	2.53%	0.00%
2011	3.78%	0.00%
2010	0.82%	0.00%
2009	0.06%	0.00%