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ENZL

GradeCNASDAQ Global Market

iShares MSCI New Zealand ETF

Countries & Regions · IShares · Inception 2010-08-31 · SEC filings

$45.58−0.70 (−1.52%)

As of Sep 23, 2026, 2:19 PM EDT

Intraday session: down, 47 prints from 46.28 to 45.58. Range 45.25 to 45.60. Use the arrow keys to read each point.$45.30$45.40$45.5010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$71M
1Y return
+2.2%
Yield · Last 12 months
2.19%
Holdings
25
Volume · 30D
0.1M sh
NAV per share
$46.03
52W range
low $41.69high $49.04

The ETF.net ENZL Grade

C

46/ 100

Rank 23 of 38 in Developed Single Country⁠

Confidence High

Six-pillar profile for ENZL. Scores out of 100: Cost 55, Risk 36, Mission 51, Tradability 46, Holdings 27, Durability 48. Strongest: Cost (55). Weakest: Holdings (27). Leans toward Cost and Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 46 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 55
    Category rank11/38 · top 29%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    CScore 51
    Category rank28/35 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 36
    Category rank28/37 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 46
    Category rank22/38 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 27
    Category rank34/36 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 48
    Category rank28/38 · mid-pack

Graded as of Sep 22, 2026

Our read on ENZL

ETF.net Research

CThe rare single-ticker route to New Zealand stocks: a compact basket of about 25 NZ names, run by iShares since 2010. Not a Pacific blend, not Australia with a garnish. Just New Zealand.

Stated mandate

The fund seeks to track an index of New Zealand equities and provides targeted exposure to companies in that single country.

Why people hold it

  1. 01Pure country mandate. Holdings are New Zealand equities only, so the trade never gets diluted by a bigger neighbor's market.ishares.com
  2. 02Tracks the MSCI New Zealand All Cap Top 25 Capped Index, which caps individual weights so no single giant can swallow the basket.ishares.com
  3. 03Launched in 2010, with a long operating record on an iShares platform rather than a recent shelf addition.
  4. 04The 0.50% expense ratio sits right at the median for single-country developed-market ETFs.

Worth knowing

  1. 01Around 25 stocks. A few companies steer the whole fund, which is the deal you accept with a small developed market.
  2. 02Cheaper single-country options exist: FLKR and FLAU both run 0.09%. The New Zealand mandate carries a higher fee.
  3. 03Mid-size and only moderately traded, so limit orders matter more here than in the giants of the category. Distributions land once or twice a year.

ENZL Holdings

As of Sep 22, 2026, 3:23 AM
Asset class
Stocks
Holdings
25
Top-10 weight
73%
Largest holding
FPH.NZ22.8%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001FPH.NZFISHER AND PAYKEL HEALTHCARE CORPO22.80%641,044$16M95
002AIA.NZAUCKLAND INTERNATIONAL AIRPORT11.89%1,753,161$8M80
003IFT.NZINFRATIL LTD10.28%910,516$7M62
004MCY.NZMERCURY NZ LTD4.55%809,834$3M55
005MEL.NZMERIDIAN ENERGY LTD4.51%997,651$3M84
006CEN.NZCONTACT ENERGY LTD4.44%635,535$3M69
007FBU.NZFLETCHER BUILDING4.27%1,440,486$3M46
008EBO.NZEBOS GROUP3.82%238,996$3M52
009SPK.NZSPARK NEW ZEALAND3.62%2,279,702$3M55
010GMT.NZGOODMAN NEW ZEALAND & GOODMAN PROP2.62%1,698,965$2M33
011RYM.NZRYMAN HEALTHCARE LTD2.45%1,529,937$2M41
012PCT.NZPRECINCT PROPERTIES NZ & PRECINCT2.38%2,960,671$2M15
013SUM.NZSUMMERSET GROUP HOLDINGS LTD2.30%375,239$2M17
014KPG.NZKIWI PROPERTY GROUP LTD2.07%2,806,436$1M25
015CHI.NZCHANNEL INFRASTRUCTURE NZ LTD1.99%705,840$1M14

Showing 1–15 of 29 holdings

ENZL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ENZL$10,224
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. ENZL $10,224. SPY $11,723. Use the arrow keys to read each point.$8,936$10,453$11,971Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ENZL. Periods over one year show the average yearly return.
PeriodENZL
Year to date+3.2%
1 month−5.0%
3 months+3.5%
1 year+2.2%
3 years+3.7%per year
5 years−3.9%per year
10 years+2.8%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ENZL
YearReturn barENZL
2026 YTD+3.2%
2025+2.4%
2024−4.9%
2023+3.0%
2022−16.2%
2021−11.4%
2020+20.0%

ENZL in the news

ETF.net Research hasn’t filed on ENZL yet — coverage lands here as it’s written.

ENZL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.19%Last 12 months
Payout per share
$1.01Last 12 months
Last payment
$0.44 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.85; Dec 19, 2017 $0.90; Jun 19, 2018 $0.82; Dec 18, 2018 $0.83; Jun 17, 2019 $0.76; Dec 16, 2019 $1.18; Jun 15, 2020 $0.37; Dec 14, 2020 $0.76; Jun 10, 2021 $0.56; Dec 13, 2021 $0.89; Jun 9, 2022 $0.55; Dec 13, 2022 $0.24; Jun 7, 2023 $0.47; Dec 20, 2023 $0.98; Jun 11, 2024 $0.35; Dec 17, 2024 $0.62; Jun 16, 2025 $0.44; Dec 16, 2025 $0.58; Jun 15, 2026 $0.44. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.44
Dec 16, 2025Dec 19, 2025$0.58
Jun 16, 2025Jun 20, 2025$0.44
Dec 17, 2024Dec 20, 2024$0.62
Jun 11, 2024Jun 17, 2024$0.35
Dec 20, 2023Dec 27, 2023$0.98
Jun 7, 2023Jun 13, 2023$0.47
Dec 13, 2022Dec 19, 2022$0.24
Jun 9, 2022Jun 15, 2022$0.55
Dec 13, 2021Dec 17, 2021$0.89
Jun 10, 2021Jun 16, 2021$0.56
Dec 14, 2020Dec 18, 2020$0.76

ENZL Risk

How much the fund’s monthly returns vary, scaled to a year.
15.1%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.07
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−36.6%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.89
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ENZL Cost

Expense ratio0.50%
  • The middle half of Developed Single Country funds
  • Median 0.50%

13 of the 38 Developed Single Country funds charge less.

ENZL costs $50.00 a year on $10,000. The median Developed Single Country fund costs $50.00.