Nordic ETFs in US market halved in two years

Assets in Nordic-focused, but US-domiciled ETFs have halved since the beginning of 2018. The decline is due to US investors largely ignoring them.
Photo: Melissa Kühn Hjerrild
Photo: Melissa Kühn Hjerrild

The Nordic region remained overlooked by US investors last year. Currently there are six U.S.-domiciled ETFs that track the Nordic region. Assets in these ETFs have halved since the beginning of 2018, according to passive-fund analyst Kenneth Lamont from investment consultancy Morningstar Inc.

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