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ETFs

iShares MSCI Finland ETF

EFNL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 25 2012
Expense Ratio
0.53%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$108,185
AUM
$18,026,131
Associated Index
MSCI Finland IMI 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

SAMPO
SAMPO
11.91%
NOKIA
NOKIA OYJ
11.82%
UPM
UPM-KYMMENE OYJ
8.98%
NESTE
NESTE OYJ
8.76%
ELISA
ELISA OYJ
4.91%
KNEBV
KONE
4.79%
METSO
METSO OYJ NPV
4.24%
STERV
STORA ENSO CLASS R
3.98%
FORTUM
FORTUM OYJ
3.65%
WRT1V
WARTSILA
3.27%
Invest with EFNL

What is EFNL?

The iShares MSCI Finland ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Finland IMI 25/50 Index. The iShares MSCI Finland ETF seeks to track the investment results of a broad-based index composed of Finnish equities.

ETFs related toEFNL

ETFs correlated to EFNL include SPEU, IEUR, EZU

EFNL
BlackRock Institutional Trust Company N.A. - iShares MSCI Finland ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
FEP
First Trust Exchange-Traded Fund III - First Trust Europe AlphaDEX Fund
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
BBEU
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Europe ETF
DFIS
Dimensional ETF Trust - Dimensional International Small Cap ETF
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEFNL

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with EFNL using Composer

FAQ

EFNL is a Global Ex. US Equities ETF. The iShares MSCI Finland ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Finland IMI 25/50 Index. The iShares MSCI Finland ETF seeks to track the investment results of a broad-based index composed of Finnish equities.

EFNL tracks the MSCI Finland IMI 25/50 Index.

No, EFNL is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EFNL is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EFNL is -0.0655%. This is the percent change in the value of EFNL over the most recent 1-month period. The 3-month return on EFNL is -0.0474%. This is the percent change in the value of EFNL over the most recent 3-month period.

The standard deviation of EFNL for the past year is 0.2408%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EFNL include FXI, EWJ, and EWZ.

ETFs correlated to EFNL include SPEU, IEUR, and EZU.

ETFs that are inversely correlated to EFNL include EPV, SDS, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.