MNRO vs. ENZL
Compare and contrast key facts about Monro, Inc. (MNRO) and iShares MSCI New Zealand ETF (ENZL).
ENZL is a passively managed fund by iShares that tracks the performance of the MSCI New Zealand Investable Market Index. It was launched on Sep 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MNRO or ENZL.
Correlation
The correlation between MNRO and ENZL is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MNRO vs. ENZL - Performance Comparison
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Key characteristics
MNRO:
-1.06
ENZL:
0.05
MNRO:
-1.61
ENZL:
0.24
MNRO:
0.82
ENZL:
1.03
MNRO:
-0.55
ENZL:
0.04
MNRO:
-1.71
ENZL:
0.17
MNRO:
27.19%
ENZL:
8.15%
MNRO:
45.77%
ENZL:
19.33%
MNRO:
-84.13%
ENZL:
-42.44%
MNRO:
-83.02%
ENZL:
-31.59%
Returns By Period
In the year-to-date period, MNRO achieves a -46.49% return, which is significantly lower than ENZL's -0.95% return. Over the past 10 years, MNRO has underperformed ENZL with an annualized return of -12.81%, while ENZL has yielded a comparatively higher 4.38% annualized return.
MNRO
-46.49%
-12.10%
-54.99%
-48.37%
-21.59%
-12.81%
ENZL
-0.95%
5.57%
-5.06%
0.93%
0.37%
4.38%
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Risk-Adjusted Performance
MNRO vs. ENZL — Risk-Adjusted Performance Rank
MNRO
ENZL
MNRO vs. ENZL - Risk-Adjusted Performance 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.
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Dividends
MNRO vs. ENZL - Dividend Comparison
MNRO's dividend yield for the trailing twelve months is around 8.57%, more than ENZL's 2.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNRO Monro, Inc. | 8.57% | 4.52% | 3.82% | 2.43% | 1.68% | 1.65% | 1.10% | 1.13% | 1.25% | 1.15% | 0.88% | 0.87% |
ENZL iShares MSCI New Zealand ETF | 2.15% | 2.13% | 3.00% | 1.62% | 2.46% | 1.66% | 3.35% | 3.60% | 3.69% | 4.78% | 4.29% | 5.15% |
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. For additional features, visit the drawdowns tool.
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Volatility
MNRO vs. ENZL - Volatility Comparison
Monro, Inc. (MNRO) has a higher volatility of 12.23% compared to iShares MSCI New Zealand ETF (ENZL) at 5.70%. 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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