iShares MSCI New Zealand ETF (ENZL)

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The chart shows the growth of an initial investment of $10,000 in iShares MSCI New Zealand ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

iShares MSCI New Zealand ETF (ENZL) has returned -5.80% so far this year and 3.63% over the past 12 months. Over the last ten years, ENZL has returned 3.33% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Sep 2, 2010, ENZL's average daily return is +0.03%, while the average monthly return is +0.70%. At this rate, your investment would double in approximately 8.3 years.

Historically, 58% of months were positive and 42% were negative. The best month was Mar 2016 with a return of +13.8%, while the worst month was Mar 2020 at -15.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, ENZL closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +15.7%, while the worst single day was Mar 16, 2020 at -15.1%.

iShares MSCI New Zealand ETF has an annualized alpha of -0.89%, beta of 0.74, and R² of 0.41 versus S&P 500 Index. Calculated based on daily prices since September 03, 2010.

• This ETF participated in 99.21% of S&P 500 Index downside but only 77.60% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.41 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

ENZL has an expense ratio of 0.50%, placing it in the medium range.

ENZL ranks 17 for risk / return — in the bottom 17% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for iShares MSCI New Zealand ETF (ENZL) and compare them to a chosen benchmark (S&P 500 Index).

iShares MSCI New Zealand ETF provided a 2.37% dividend yield over the last twelve months, with an annual payout of $1.01 per share.

The table displays the monthly dividend distributions for iShares MSCI New Zealand ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the iShares MSCI New Zealand ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares MSCI New Zealand ETF was 42.44%, occurring on Oct 14, 2022. The portfolio has not yet recovered.

The current iShares MSCI New Zealand ETF drawdown is 33.33%.

The chart below shows the rolling one-month volatility.