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ENZL vs. VTI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ENZL vs. VTI

Last updated Jun 4, 2026

ENZL (iShares MSCI New Zealand ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - ENZL is a Asia Pacific Equities fund tracking the MSCI New Zealand Investable Market Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, ENZL returned 3.34%/yr vs 15.05%/yr for VTI. A 0.53 correlation means they provide meaningful diversification when combined. ENZL charges 0.50%/yr vs 0.03%/yr for VTI.

Performance

ENZL vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI New Zealand ETF (ENZL) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ENZL achieves a -0.60% return, which is significantly lower than VTI's 11.20% return. Over the past 10 years, ENZL has underperformed VTI with an annualized return of 3.34%, while VTI has yielded a comparatively higher 15.05% annualized return.

ENZL

1D
-1.64%
1M
0.88%
YTD
-0.60%
6M
-1.29%
1Y
3.15%
3Y*
-0.29%
5Y*
-4.24%
10Y*
3.34%

VTI

1D
-0.72%
1M
4.99%
YTD
11.20%
6M
11.09%
1Y
28.18%
3Y*
22.07%
5Y*
12.69%
10Y*
15.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ENZL vs. VTI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ENZL
iShares MSCI New Zealand ETF		-0.60%2.47%-4.86%2.95%-16.18%-11.39%20.04%30.09%0.35%24.04%
VTI
Vanguard Total Stock Market ETF		11.20%17.10%23.81%26.05%-19.52%25.68%21.08%30.67%-5.23%21.21%

Correlation

The correlation between ENZL and VTI is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.51

Correlation (3Y)
Calculated over the trailing 3-year period

0.48

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (10Y)
Calculated over the trailing 10-year period

0.51

Correlation (All Time)
Calculated using the full available price history since Sep 3, 2010

0.53

The correlation between ENZL and VTI has been stable across timeframes, ranging from 0.48 to 0.53 - a consistent structural relationship.

ENZL vs. VTI - Sectors Allocation Comparison

Sectors
ENZL
VTI

Utilities

29.0%
2.3%

Healthcare

26.1%
9.2%

Industrials

19.0%
9.8%

Real Estate

12.6%
2.4%

Basic Materials

3.8%
2.0%

Communication Services

3.7%
10.3%

Energy

2.0%
3.7%

Financial Services

1.4%
12.0%

Consumer Cyclical

0.9%
10.0%

Consumer Defensive

0.8%
4.7%

Technology

0.6%
33.5%

Utilities

ENZL
29.0%
VTI
2.3%

Healthcare

ENZL
26.1%
VTI
9.2%

Industrials

ENZL
19.0%
VTI
9.8%

Real Estate

ENZL
12.6%
VTI
2.4%

Basic Materials

ENZL
3.8%
VTI
2.0%

Communication Services

ENZL
3.7%
VTI
10.3%

Energy

ENZL
2.0%
VTI
3.7%

Financial Services

ENZL
1.4%
VTI
12.0%

Consumer Cyclical

ENZL
0.9%
VTI
10.0%

Consumer Defensive

ENZL
0.8%
VTI
4.7%

Technology

ENZL
0.6%
VTI
33.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI New Zealand ETF

Vanguard Total Stock Market ETF

Often compared with ENZL:
ENZL vs. EIRLENZL vs. EDENENZL vs. MNROENZL vs. IBC6.DEENZL vs. EWQENZL vs. EWAENZL vs. EWY
Often compared with VTI:
VTI vs. VOOVTI vs. VXUSVTI vs. SPYVTI vs. VTVTI vs. SCHDVTI vs. FZROXVTI vs. QQQ

Return for Risk

ENZL vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ENZL
ENZL Risk / Return Rank: 1111
Overall Rank
ENZL Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
ENZL Sortino Ratio Rank: 1111
Sortino Ratio Rank
ENZL Omega Ratio Rank: 1111
Omega Ratio Rank
ENZL Calmar Ratio Rank: 1212
Calmar Ratio Rank
ENZL Martin Ratio Rank: 1212
Martin Ratio Rank
VTI
VTI Risk / Return Rank: 6868
Overall Rank
VTI Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
VTI Sortino Ratio Rank: 6868
Sortino Ratio Rank
VTI Omega Ratio Rank: 6767
Omega Ratio Rank
VTI Calmar Ratio Rank: 6262
Calmar Ratio Rank
VTI Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENZL vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI New Zealand ETF (ENZL) and Vanguard Total Stock Market ETF (VTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

ENZLVTIDifference
Sharpe ratioReturn per unit of total volatility
0.20
2.33

-2.13

Sortino ratioReturn per unit of downside risk
0.39
3.18

-2.79

Omega ratioGain probability vs. loss probability

1.05

1.42

-0.37

Calmar ratioReturn relative to maximum drawdown

0.25

3.17

-2.93

Martin ratioReturn relative to average drawdown

0.70

14.62

-13.93

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENZL vs. VTI - Sharpe Ratio Comparison

The current ENZL Sharpe Ratio is 0.20, which is lower than the VTI Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of ENZL and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ENZLVTIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.20

2.33

-2.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.23

0.73

-0.96

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.16

0.82

-0.66

Sharpe Ratio (All Time)

Calculated using the full available price history

0.37

0.51

-0.14

Drawdowns

ENZL vs. VTI - Drawdown Comparison

The maximum ENZL drawdown since its inception was -42.44%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for ENZL and VTI.

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Drawdown Indicators

ENZLVTIDifference

Max Drawdown

Largest peak-to-trough decline

-42.44%

-55.45%

+13.01%

Max Drawdown (1Y)

Largest decline over 1 year

-12.90%

-8.92%

-3.98%

Max Drawdown (3Y)

Largest decline over 3 years

-20.67%

-19.30%

-1.37%

Max Drawdown (5Y)

Largest decline over 5 years

-36.86%

-25.36%

-11.50%

Max Drawdown (10Y)

Largest decline over 10 years

-42.44%

-35.00%

-7.44%

Current Drawdown

Current decline from peak

-29.65%

-0.72%

-28.93%

Average Drawdown

Average peak-to-trough decline

-12.78%

-8.03%

-4.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.54%

1.93%

+2.61%

Volatility

ENZL vs. VTI - Volatility Comparison

iShares MSCI New Zealand ETF (ENZL) has a higher volatility of 6.01% compared to Vanguard Total Stock Market ETF (VTI) at 2.96%. This indicates that ENZL's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ENZLVTIDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.01%

2.96%

+3.05%

Volatility (6M)

Calculated over the trailing 6-month period

13.02%

9.13%

+3.89%

Volatility (1Y)

Calculated over the trailing 1-year period

15.97%

12.17%

+3.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.59%

17.40%

+1.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.44%

18.30%

+2.14%

ENZL vs. VTI - Expense Ratio Comparison

ENZL has a 0.50% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

ENZL vs. VTI - Dividend Comparison

ENZL's dividend yield for the trailing twelve months is around 2.25%, more than VTI's 1.01% yield.

PositionTTM20252024202320222021202020192018201720162015
ENZL
iShares MSCI New Zealand ETF		2.25%2.23%2.13%3.00%1.62%2.46%1.66%3.35%3.60%3.69%4.79%4.29%
VTI
Vanguard Total Stock Market ETF		1.01%1.12%1.27%1.44%1.66%1.21%1.42%1.78%2.04%1.71%1.92%1.98%

Frequently Asked Questions

ENZL and VTI have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ENZL has higher volatility (6.01%) compared to VTI (2.96%). In terms of maximum drawdown, ENZL dropped -42.44% vs VTI's -55.45%.

On 10-year performance, VTI leads with 15.05% vs 3.34% for ENZL. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 2.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VTI has performed better with a 15.05% return vs 3.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VTI is cheaper with a 0.03% expense ratio, compared with 0.50% for ENZL.

ENZL has the higher dividend yield at 2.25%, compared with 1.01% for VTI.

ENZL is categorized as Asia Pacific Equities, while VTI is Large Cap Blend Equities. ENZL tracks MSCI New Zealand Investable Market Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.50% for ENZL and 0.03% for VTI.

VTI currently has the higher Sharpe Ratio (2.33 vs 0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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