iShares MSCI New Zealand ETF

iShares MSCI New Zealand ETF

About

iShares MSCI New Zealand ETF (US4642891232) is a US-listed equity ETF. With a expense ratio of 0.5%, its costs are on the higher end for an ETF, paying distributions. The fund holds 31 positions across 1 region with 65M in assets, with heavy concentration — 93% in New Zealand.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.6 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.0
Liquidity (25%) 5.2 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker ENZL
ISIN
Fund Size $65.1M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Sep 2010
Base Currency USD
Index
Asset Class Equities

Costs

7.6
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.50%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +7.15%
3 Years +1.60%
5 Years -3.14%
10 Years +3.99%
YTD +2.97%
Since Inception +7.65%

Holdings

This fund invests into 31 individual investments.
#1
Fisher & Paykel Healthcare Corp Ltd
20.56%
#2
Auckland International Airport Ltd
12.96%
#3
Infratil Ltd
12.14%
#4
Meridian Energy Ltd
4.39%
#5
Contact Energy Ltd
4.29%
#6
Mercury NZ Ltd
4.19%
#7
EBOS Group Ltd
4.15%
#8
Fletcher Building Ltd
3.79%
#9
Spark New Zealand Ltd
3.73%
#10
Goodman New Zealand Ltd & Goodman Property Services NZ Ltd
2.81%
View all holdings (31)
# Holding Ticker Weight
1 Fisher & Paykel Healthcare Corp Ltd FPH 2056.46%
2 Auckland International Airport Ltd AIA 1295.82%
3 Infratil Ltd IFT 1213.86%
4 Meridian Energy Ltd MEL 438.65%
5 Contact Energy Ltd CEN 428.98%
6 Mercury NZ Ltd MCY 419.01%
7 EBOS Group Ltd EBO 414.77%
8 Fletcher Building Ltd FBU 379.02%
9 Spark New Zealand Ltd SPK 372.56%
10 Goodman New Zealand Ltd & Goodman Property Services NZ Ltd GNZ 281.43%
11 Freightways Group Ltd FRW 254.15%
12 Ryman Healthcare Ltd RYM 253.89%
13 Summerset Group Holdings Ltd SUM 246.19%
14 Precinct Properties Group PCT 236.56%
15 Kiwi Property Group Ltd KPG 195.57%
16 CHANNEL INFRASTRUCTURE NZ LTD CHI 185.36%
17 SKELLERUP HOLDINGS LTD SKL 179.88%
18 PROPERTY FOR INDUSTRY LTD PFI 171.60%
19 Vital Healthcare Property Trust VHP 158.81%
20 Heartland Group Holdings Ltd HGH 153.56%
21 Argosy Property Ltd ARG 140.11%
22 Scales Corp Ltd SCL 137.43%
23 Air New Zealand Ltd AIR 132.32%
24 SKY CITY ENTERTAINMENT GROUP LTD SKC 112.09%
25 Stride Property Group SPG 110.93%
26 NZD CASH NZD 27.84%
27 BLK CSH FND TREASURY SL AGENCY XTSLA 2.60%
28 CASH COLLATERAL AUD SGAFT SGAFT 1.72%
29 AUD CASH AUD 1.34%
30 SPI 200 SEP 26 XPU6 0.00%
31 USD CASH USD -2.53%

Sectors

Allocation by industry sector.
 
Sector Weight
Health Care 2971.00%
Industrials 2061.00%
Financials 1367.00%
Utilities 1287.00%
Real Estate 1123.00%
Unknown 681.00%
Communication Services 373.00%
Consumer Staples 137.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
New Zealand 9320.00%
UNKNOWN 680.00%
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