Seadrill's drop is the biggest blow to ETFs that own Norway shares, which have greater than 4% weight in Seadrill: the Global X FTSE Norway 30 ( NORW) and the iShares MSCI Norway Capped ETF ( ENOR). Both are down nearly 2%.
The First Trust STOXX European Select Dividend Index Fund ( FDD) is also getting dinged from Seadrill's fall.
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