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Launched · SEC filings

iShares MSCI New Zealand ETF

ENZLNasdaqC

$44.91+0.14 (+0.32%)

At close: Oct 13, 2026, 4:00 PM

C46/ 100

Rank 24 of 38 in Developed Single Country

C46/100Rank 24 of 38inDeveloped Single Country
Intraday session: up, 49 prints from 44.77 to 44.91. Range 44.64 to 45.11. Use the arrow keys to read each point.44.7045.0045.1010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$65M
1Y total return
−0.1%
Yield · Last 12 months
2.26%
Holdings
29
Avg volume · 30D
0.1M sh
NAV per share
$44.83
52W range
low $41.69high $49.04
Launched
Filings
SEC EDGAR

The ETF.net ENZL Grade

C

Score 46 out of 100

Category
Developed Single Country⁠
Rank
24 of 38
Six-pillar profile for ENZL. Scores out of 100: Cost 55, Risk 37, Mission 49, Tradability 49, Holdings 27, Durability 47. Strongest: Cost (55). Weakest: Holdings (27). No single pillar leads.

Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B55 out of 100
    Rank 10 of 38

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C49 out of 100
    Rank 29 of 35

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D37 out of 100
    Rank 27 of 37

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C49 out of 100
    Rank 20 of 38

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D27 out of 100
    Rank 34 of 36

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 27 of 38

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 Oct 12, 2026
Asset class
Stocks
Holdings
29
Top-10 weight
74%
Largest holding
FPH.NZ24.9%

Sectors

  • Health Care32.7%
  • Industrials19.1%
  • Utilities13.4%
  • Real Estate12.8%
  • Financials11.5%
  • Communication4.2%
  • Energy2.0%
  • Consumer Staples1.5%
  • Consumer Discretionary1.4%
  • Information Technology1.3%

Geography

  • New Zealand96.29%
  • Australia3.71%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001FPH.NZFisher and Paykel Healthcare Corpo24.92%604,387$16M96
002AIA.NZAuckland International Airport11.88%1,651,977$8M83
003IFT.NZInfratil Ltd9.81%860,001$6M62
004MEL.NZMeridian Energy Ltd4.50%940,606$3M84
005CEN.NZContact Energy Ltd4.47%590,491$3M69
006MCY.NZMercury Nz Ltd4.47%764,665$3M54
007SPK.NZSpark New Zealand4.15%2,427,037$3M53
008FBU.NZFletcher Building3.96%1,338,645$3M45
009EBO.NZEbos Group3.70%225,665$2M52
010GMT.NZGoodman New Zealand & Goodman Prop2.61%1,567,325$2M31
011PCT.NZPrecinct Properties Nz & Precinct2.28%2,796,414$1M15
012SKL.NZSkellerup Holdings Ltd2.15%314,425$1M9
013RYM.NZRyman Healthcare Ltd2.08%1,404,147$1M39
014KPG.NZKiwi Property Group Ltd2.05%2,620,671$1M26
015SUM.NZSummerset Group Holdings Ltd2.04%353,782$1M17

Showing 1–15 of 29 holdings

ENZL Performance

Launched Sep 1, 2010

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

ENZL$9,993
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. ENZL $9,993. SPY $12,044. Use the arrow keys to read each point.$9,178$10,725$12,273Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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−0.1%
1 month−2.2%
3 months−3.5%
1 year−0.1%
3 yearsper year+3.2%
5 yearsper year−4.0%
10 yearsper year+3.2%

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−0.1%
2025+2.4%
2024−4.9%
2023+3.0%
2022−16.2%
2021−11.4%
2020+20.0%

ENZL in the news

Filtered to ENZL · Developed Single Country

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 Oct 12, 2026.
2.26%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.
15.6%
Annualised · 36 months to Sep 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.
−0.02
vs 3-month T-bills · to Sep 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.
0.91
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.

Other funds in Developed Single Country

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