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BBCA vs ENZL

JPMorgan BetaBuilders Canada ETF

BBCAACboe

iShares MSCI New Zealand ETF

ENZLCNasdaq

Overlap

Expense ratio

BBCA −0.31pt a year

BBCA0.19%ENZL0.50%

Avg volume · 30D

BBCA 5.1×the volume

BBCA330KENZL65.1K

5Y return · a year

BBCA +16.2pt

BBCA+11.5%ENZL−4.7%

BBCA vs ENZL Performance

Oct 29, 2021 – Oct 30, 2026

+72.5%BBCA−21.3%ENZL

Oct 29, 2021 to Oct 30, 2026. BBCA +72.5%. ENZL −21.3%. Use the arrow keys to read each point.0%25%50%Oct 2021Apr 2024Oct 2026
Expense ratio
BBCA 0.19%, better
ENZL 0.50%
Fund size
BBCA $11.9B
ENZL $65M
1Y total return
BBCA +22.1%, better
ENZL −0.2%
Yield (12M)
BBCA 1.68%
ENZL 2.26%, better
Holdings
BBCA 78
ENZL 29
Avg volume (30D)
BBCA 330K sh, better
ENZL 65.1K sh
NAV per share
BBCA $104.51
ENZL $44.95
52W range

ETF.net Grade

BBCA: Cost 82, Risk 87, Mission 59, Tradability 55, Holdings 76, Durability 58. ENZL: Cost 55, Risk 37, Mission 49, Tradability 54, Holdings 28, Durability 47.
Pillar letters and Scores for BBCA, ENZL, with each pillar’s weight
PillarBBCAENZL
Cost30% weightA82HigherB55
Mission25% weightB59HigherC49
Risk15% weightA87HigherD37
Tradability15% weightB55HigherC54
Holdings10% weightA76HigherD28
Durability5% weightB58HigherC47

Rank among Developed Single Country funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BBCA and ENZL are both graded against the same 38 Developed Single Country funds, so their Grades compare head to head.

Developed Single Country⁠

Category · 38 funds
See all 38 ›

BBCA ranks 4th and ENZL 22nd of 38 funds in the Developed Single Country Category.

  1. Rank 1AEWCiShares MSCI Canada ETFScore 78
  2. Rank 1AFLCAFranklin FTSE Canada ETFScore 78
  3. Rank 3AFLGBFranklin FTSE United Kingdom ETFScore 76
  4. Rank 4ABBCAJPMorgan BetaBuilders Canada ETFScore 71
  5. Rank 5AFLAUFranklin FTSE Australia ETFScore 70
  6. Rank 22CEFNLiShares MSCI Finland ETFScore 47
  7. Rank 22CENZLiShares MSCI New Zealand ETFScore 47
  8. Rank 22CEWTiShares MSCI Taiwan ETFScore 47

Our read on each fund

ETF.net Research

BBCAAJPMorgan BetaBuilders Canada ETF

ENZLCiShares MSCI New Zealand ETF

In short

BBCA Canada, at a discount. BBCA tracks a Morningstar index of roughly 80 Canadian stocks for 0.19% a year, a fraction of what most single-country funds charge, and it has grown into a multi-billion-dollar fund since its 2018 launch.

ENZL The 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

BBCA The fund seeks to track the Morningstar Canada Target Market Exposure Index before fees and expenses. It uses a passive indexing approach to approximate the index rather than outperform it.

ENZL 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

  • BBCA Costs 0.19% a year, against a 0.50% median for developed single-country funds. The older Canada name in this group, EWC, charges 0.50%.
  • Plain passive plumbing: it aims to approximate the Morningstar Canada Target Market Exposure Index before fees rather than beat it. No stock-picking surprises.jpmorgan.com
  • Running since 2018, now a multi-billion-dollar fund that pays quarterly, and one of the stronger implementations in its single-country peer group.
  • ENZL Pure country mandate. Holdings are New Zealand equities only, so the trade never gets diluted by a bigger neighbor's market.ishares.com
  • Tracks the MSCI New Zealand All Cap Top 25 Capped Index, which caps individual weights so no single giant can swallow the basket.ishares.com
  • Launched in 2010, with a long operating record on an iShares platform rather than a recent shelf addition.
  • The 0.50% expense ratio sits right at the median for single-country developed-market ETFs.

Worth knowing

  • BBCA One country, about 80 stocks. The sector mix is whatever Canada's market hands you, set by the index rather than by a diversification plan.
  • Moderately traded, not one of the busiest names on the tape, so spreads can widen on large or off-hours orders.
  • Indexing means no manager leaning away from a soft patch in Canadian equities. You get the index, minus the 0.19% fee.
  • ENZL Around 25 stocks. A few companies steer the whole fund, which is the deal you accept with a small developed market.
  • Cheaper single-country options exist: FLKR and FLAU both run 0.09%. The New Zealand mandate carries a higher fee.
  • Mid-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.

Full BBCA profile⁠

Full ENZL profile⁠

BBCA vs ENZL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BBCA vs ENZL Cost

Overpaying ENZL vs BBCA

$6,027

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BBCA 0.19%

    $3,952

  • ENZL 0.50%

    $9,979

$10,000
30 years

Cost over time

  • BBCA 0.19%
  • ENZL 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530ENZL $9,979BBCA $3,952

Year by year

YearBBCAENZLOverpaying
10$347$900$553
20$1,351$3,460$2,109
30$3,952$9,979$6,027

Expense ratio

  • 0.19%BBCA, cheaper
  • 0.50%ENZL
  • Middle half of Developed Single Country funds
  • Median 0.50%

BBCA 7th cheapest of 38 funds

ENZL 14th cheapest of 38 funds

BBCA vs ENZL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BBCA 1.68%
ENZL 2.26%, better
Payout (12M)
BBCA $1.75
ENZL $1.01
Last payment
BBCA $0.42
ENZL $0.44
Ex-dividend
BBCA Sep 22, 2026
ENZL Jun 15, 2026
Paid on
BBCA Sep 24, 2026
ENZL Jun 18, 2026
Frequency
BBCA Quarterly
ENZL Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

BBCAQuarterly · 33 paymentsAll BBCA payments⁠
One bar per payment. 33 payments from 2017 to 2026 YTD. Sep 25, 2018 $0.10; Dec 24, 2018 $0.40; Mar 20, 2019 $0.16; Jun 25, 2019 $0.30; Sep 24, 2019 $0.33; Dec 23, 2019 $0.41; Mar 24, 2020 $0.23; Jun 23, 2020 $0.32; Sep 22, 2020 $0.30; Dec 22, 2020 $0.44; Mar 23, 2021 $0.21; Jun 22, 2021 $0.34; Sep 21, 2021 $0.36; Dec 21, 2021 $0.55; Mar 22, 2022 $0.20; Jun 21, 2022 $0.39; Sep 20, 2022 $0.43; Dec 20, 2022 $0.51; Mar 21, 2023 $0.22; Jun 20, 2023 $0.43; Sep 19, 2023 $0.40; Dec 19, 2023 $0.56; Mar 19, 2024 $0.24; Jun 25, 2024 $0.43; Sep 24, 2024 $0.43; Dec 24, 2024 $0.57; Mar 25, 2025 $0.21; Jun 24, 2025 $0.43; Sep 23, 2025 $0.44; Dec 23, 2025 $0.62; Mar 24, 2026 $0.27; Jun 23, 2026 $0.45; Sep 22, 2026 $0.42. Use the arrow keys to read each point.$0$12017202020232026YTD
ENZLTwice a year · 19 paymentsAll ENZL payments⁠
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.$0$12017202020232026YTD

BBCA vs ENZL Risk

Fall from peak · 5 years

  • BBCA
  • ENZL
Oct 29, 2021 to Oct 30, 2026. Worst fall: ENZL −35.9% · Oct 2022. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
BBCA 12.9%, betterENZL 15.1%
Return per unit of riskSharpe ratio, 3 years
BBCA 1.55, betterENZL 0.10
Worst fallMax drawdown, 5 years
BBCA −24.4%, betterENZL −35.9%
Market sensitivityBeta, 5 years
BBCA 0.88ENZL 0.91

BBCA and ENZL in the news

All news⁠

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