MNRO vs. ENZL
MNRO (Monro, Inc.) is a stock, while ENZL (iShares MSCI New Zealand ETF) is Asia Pacific Equities fund tracking the MSCI New Zealand Investable Market Index. Over the past 10 years, MNRO returned -12.61%/yr vs 2.99%/yr for ENZL. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
MNRO vs. ENZL - Performance Comparison
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Returns By Period
In the year-to-date period, MNRO achieves a -36.98% return, which is significantly lower than ENZL's 4.40% return. Over the past 10 years, MNRO has underperformed ENZL with an annualized return of -12.61%, while ENZL has yielded a comparatively higher 2.99% annualized return.
MNRO
- 1D
- -8.89%
- 1M
- -28.82%
- 6M
- -32.54%
- YTD
- -36.98%
- 1Y
- -7.54%
- 3Y*
- -26.57%
- 5Y*
- -23.76%
- 10Y*
- -12.61%
- ALL TIME*
- 3.58%
ENZL
- 1D
- -0.93%
- 1M
- 4.18%
- 6M
- 0.69%
- YTD
- 4.40%
- 1Y
- 7.11%
- 3Y*
- 0.97%
- 5Y*
- -2.78%
- 10Y*
- 2.99%
- ALL TIME*
- 7.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.05M | $5.22M | $3.06M | |
MNRO Monro, Inc. | $17.09M | $14.62M | $18.34M |
MNRO vs. ENZL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MNRO Monro, Inc. | -36.98% | -13.81% | -11.99% | -33.10% | -20.59% | 11.13% | -30.65% | 15.00% | 22.21% | 0.97% |
ENZL iShares MSCI New Zealand ETF | 4.40% | 2.47% | -4.86% | 2.95% | -16.18% | -11.39% | 20.04% | 30.09% | 0.35% | 24.04% |
Correlation
The correlation between MNRO and ENZL is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2010 | 0.25 |
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Return for Risk
MNRO vs. ENZL — Risk / Return Rank
MNRO
ENZL
MNRO vs. ENZL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Monro, Inc. (MNRO) and iShares MSCI New Zealand ETF (ENZL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MNRO | ENZL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.08 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.16 | 0.49 | -0.65 |
| Martin ratioReturn relative to average drawdown | -0.38 | 1.30 | -1.68 |
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Drawdowns
MNRO vs. ENZL - Drawdown Comparison
The maximum MNRO drawdown since its inception was -84.13%, which is greater than ENZL's maximum drawdown of -42.44%. Use the drawdown chart below to compare losses from any high point for MNRO and ENZL.
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Drawdown Indicators
| MNRO | ENZL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.13% | -42.44% | -41.69% |
Max Drawdown (1Y)Largest decline over 1 year | -46.96% | -12.90% | -34.06% |
Max Drawdown (3Y)Largest decline over 3 years | -62.77% | -20.67% | -42.10% |
Max Drawdown (5Y)Largest decline over 5 years | -78.69% | -36.86% | -41.83% |
Max Drawdown (10Y)Largest decline over 10 years | -84.13% | -42.44% | -41.69% |
Current DrawdownCurrent decline from peak | -82.77% | -26.11% | -56.66% |
Average DrawdownAverage peak-to-trough decline | -26.43% | -12.93% | -13.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.99% | 4.83% | +15.16% |
Volatility
MNRO vs. ENZL - Volatility Comparison
Monro, Inc. (MNRO) has a higher volatility of 28.72% compared to iShares MSCI New Zealand ETF (ENZL) at 4.20%. This indicates that MNRO's price experiences larger fluctuations and is considered to be riskier than ENZL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MNRO | ENZL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.72% | 4.20% | +24.52% |
Volatility (6M)Calculated over the trailing 6-month period | 44.82% | 13.72% | +31.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.04% | 15.89% | +41.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.85% | 18.58% | +28.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.11% | 20.37% | +22.74% |
Dividends
MNRO vs. ENZL - Dividend Comparison
MNRO's dividend yield for the trailing twelve months is around 9.14%, more than ENZL's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENZL iShares MSCI New Zealand ETF | 2.16% | 2.23% | 2.13% | 3.00% | 1.62% | 2.46% | 1.66% | 3.35% | 3.60% | 3.69% | 4.79% | 4.29% |
MNRO Monro, Inc. | 9.14% | 5.59% | 4.52% | 3.82% | 2.43% | 1.68% | 1.65% | 1.10% | 1.13% | 1.25% | 1.15% | 0.88% |
Frequently Asked Questions
MNRO and ENZL have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MNRO has higher volatility (28.72%) compared to ENZL (4.20%). In terms of maximum drawdown, MNRO dropped -84.13% vs ENZL's -42.44%.
ENZL currently has the higher Sharpe Ratio (0.40 vs -0.13), 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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