---
ticker: "ENZL"
name: "iShares MSCI New Zealand ETF"
url: "https://etf.net/etf/ENZL"
grade: "C"
score: 46
graded_at: "2026-10-12"
category: "Developed Single Country"
category_rank: "24 of 38"
methodology: "https://etf.net/methodology"
---

# ENZL: iShares MSCI New Zealand ETF

Grade **C**, Score 46 of 100. Rank 24 of 38 in Developed Single Country.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 55 | 10 of 38 |
| Mission | 49 | 29 of 35 |
| Risk | 37 | 27 of 37 |
| Tradability | 49 | 20 of 38 |
| Holdings | 27 | 34 of 36 |
| Durability | 47 | 27 of 38 |

## Top holdings

The fund holds 29 positions. These are the largest 29, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | FPH.NZ | Fisher and Paykel Healthcare Corpo | 24.92% |
| 2 | AIA.NZ | Auckland International Airport | 11.88% |
| 3 | IFT.NZ | Infratil Ltd | 9.81% |
| 4 | MEL.NZ | Meridian Energy Ltd | 4.50% |
| 5 | CEN.NZ | Contact Energy Ltd | 4.47% |
| 6 | MCY.NZ | Mercury Nz Ltd | 4.47% |
| 7 | SPK.NZ | Spark New Zealand | 4.15% |
| 8 | FBU.NZ | Fletcher Building | 3.96% |
| 9 | EBO.NZ | Ebos Group | 3.70% |
| 10 | GMT.NZ | Goodman New Zealand & Goodman Prop | 2.61% |
| 11 | PCT.NZ | Precinct Properties Nz & Precinct | 2.28% |
| 12 | SKL.NZ | Skellerup Holdings Ltd | 2.15% |
| 13 | RYM.NZ | Ryman Healthcare Ltd | 2.08% |
| 14 | KPG.NZ | Kiwi Property Group Ltd | 2.05% |
| 15 | SUM.NZ | Summerset Group Holdings Ltd | 2.04% |
| 16 | CHI.NZ | Channel Infrastructure Nz Ltd | 2.03% |
| 17 | PFI.NZ | Property For Industry Ltd | 1.63% |
| 18 | VHP.NZ | Vital Healthcare Property Trust Un | 1.61% |
| 19 | HGH.NZ | Heartland Group Holdings Ltd | 1.54% |
| 20 | SCL.NZ | Scales Corporation Ltd | 1.47% |
| 21 | SKC.NZ | Sky City Entertainment Group | 1.40% |
| 22 | ARG.NZ | Argosy Property Ltd | 1.39% |
| 23 | VGL.NZ | Vista Group International Ltd | 1.26% |
| 24 | AIR.NZ | Air New Zealand Ltd | 1.21% |
| 25 | SPG.NZ | Stride Property & Stride Investmen | 1.17% |
| 26 | — | Nzd Cash | 0.15% |
| 27 | — | Blk Csh Fnd Treasury Sl Agency | 0.08% |
| 28 | — | Aud Cash | 0.03% |
| 29 | — | Cash Collateral Aud Sgaft | 0.02% |

Source: etf.net, https://etf.net/etf/ENZL. Please cite the page URL.