Tap Denmark’s industry-leading firms

Article Excerpt

Stability and a well-educated workforce are two key traits of the Danish economy. The Scandinavian country is also home to leading global companies in the fields of healthcare and green energy. Meanwhile, the economy has coped relatively well with the pandemic and should regain more normal output sometime in late 2021. Here is an ETF for investors seeking low-fee exposure to Denmark’s top public companies. ISHARES MSCI DENMARK ETF $97.88 (New York symbol EDEN; TSINetwork ETF Rating: Aggressive; Market cap: $167.1 million) tracks the performance of the largest publicly listed companies in Denmark. Healthcare companies account for 39.7% of its assets, while Industrials (26.0%), Financial Services (7.8%), Utilities (7.0%), and Consumer Defensive (6.5%) are other key segments. The ETF holds a portfolio of 46 stocks; the top 10 make up 67% of its assets. They include Novo Nordisk (Healthcare, 22.5%), Vestas Wind Systems (renewable energy, 8.7%), DSV Panalpina (Transport/logistics, 7.0%), Orsted (Utilities, 6.9%), Genmab (Biotechnology, 4.5%), Coloplast (Healthcare, 4.3%), Carlsberg (Brewery, 3.9%), A.P. Moller Maersk (Shipping/logistics,…