iShares MSCI New Zealand ETF (ENZL) is a Asia-Pacific regional ETF. As of October 9, 2026, ETF Copilot scores ENZL 1.4 out of 10 — highest on Value (3.6), lowest on Growth (0.1). It trades at 22.8 times earnings, against its own median of 21.1. Its ten largest holdings are 74% of the fund.
What stands out in ENZL's data
New Zealand's largest listed companies, a single-country equity bet.
Earns far less on its capital than similar Asia-Pacific funds — its returns have to come from elsewhere.
Return on invested capital of 3.5% trails the 21.1% category median, behind most peers. A growth estimate of 4.9% offers a potential offset.
A focused position on a small developed market, for portfolios seeking direct exposure.
How is ENZL rated? ETF Copilot scores iShares MSCI New Zealand ETF (ENZL) 1.4 out of 10
As of October 9, 2026, ETF Copilot scores iShares MSCI New Zealand ETF (ENZL) 1.4 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 1.4 / 10
- Growth: 0.1 / 10
- Value: 3.6 / 10
- Risk: 3.5 / 10
- Quality: 0.2 / 10
- Return: 0.5 / 10
Is ENZL expensive right now? It trades at 22.8 times earnings, against its own median of 21.1
As of October 9, 2026, ENZL is more expensive than 68% of its own last 9 years.
Trailing 12 months, built from ENZL's holdings. How we calculate this →
What's inside ENZL?
What's inside ENZL: Size (Large 0%, Mid 60%, Small 40%); Geography (International 100%, US 0%); Tech 1.3%.
What are ENZL's top holdings? The ten largest are 74% of the fund
Fisher and Paykel Healthcare, Auckland International Airport, Infratil, Mercury NZ, Contact Energy, Meridian Energy, Spark NEW Zealand, Fletcher Building, Ebos and Goodman Property Trust are ENZL's largest holdings, in that order.
More concentrated than 92% of Asia Pacific ETFs.
Half of ENZL's weight sits in its 4 largest positions, and once those weights are taken into account it behaves like 10 equally weighted holdings.
What is ENZL's expense ratio? 0.50% a year
As of October 9, 2026, ENZL charges 0.50% a year, yields 2.28% and holds $65M in assets across 29 positions.
| Measure | ENZL |
|---|---|
| Expense ratio | 0.50% |
| Dividend yield | 2.28% |
| Assets under management | $65M |
| Holdings | 29 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “iShares MSCI New Zealand ETF (ENZL) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/enzl
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