GLCR ETF — Holdings & Analysis

The GlacierShares Nasdaq Iceland ETF (GLCR) is an exchange-traded fund that aims to track the investment results of the MarketVector Iceland Global Total Return Net Index. This index is designed to represent the performance of globally-listed companies with significant exposure to Iceland. GLCR provides investors with a convenient way to access the Icelandic equity market through a single investment vehicle. The fund holds 32 stocks, offering a focused approach to investing in Icelandic companies. Past performance does not guarantee future results.

The expense ratio for the GlacierShares Nasdaq Iceland ETF (GLCR) is 0.95%. This means that for every $10,000 invested in the fund, $95 is deducted annually to cover operating expenses. While this provides access to a specific market, the expense ratio is higher than some broad market equity ETFs, which can have expense ratios as low as 0.03%. the may be worth researching expense ratio in relation to the potential benefits of investing in the Icelandic equity market. Past performance does not guarantee future results.

The GlacierShares Nasdaq Iceland ETF (GLCR) has a concentrated portfolio, with its top holdings representing a significant portion of its assets. As of 2026-03-15, the top three holdings in GLCR are Islandsbanki hf (13.19%), Oculis Holding AG (12.32%), and Arion banki hf (11.71%). These companies are key players in the Icelandic financial and healthcare sectors. The fund's top ten holdings account for a substantial portion of its overall portfolio. Past performance does not guarantee future results.

Whether GLCR is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and outlook on the Icelandic equity market. GLCR offers targeted exposure to Iceland, which can provide diversification benefits. However, the fund's relatively high expense ratio of 0.95% and concentrated portfolio may pose challenges. the may be worth researching potential for long-term growth in the Icelandic economy and the fund's ability to track its underlying index. Past performance does not guarantee future results.

GLCR is unique in its focus on the Icelandic equity market. While there aren't directly comparable ETFs focusing solely on Iceland, investors might consider broader Nordic or European equity ETFs as alternatives. These alternatives generally have lower expense ratios and greater diversification. For example, a broad European ETF might have an expense ratio of 0.10% and hold hundreds of stocks, compared to GLCR's 0.95% expense ratio and 32 holdings. GLCR's differentiating factor is its targeted exposure, but this comes at the cost of higher expenses and lower diversification. Past performance does not guarantee future results.

As of 2026-03-15, the GlacierShares Nasdaq Iceland ETF (GLCR) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividend income to its shareholders. Investors seeking dividend income may want to consider other equity ETFs with a history of dividend payments. The absence of dividends may be due to the specific holdings within the fund and their dividend policies. Past performance does not guarantee future results.