iShares MSCI New Zealand ETF (ENZL) Performance
ENZL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.7% since Dec 31, 2025
- 1 year
- +1.4% total return
- 5 years
- −4.5% a year
- 10 years
- +3.4% a year
- Since first price
- +7.2% a year since 2010
ENZL trailing returns vs SPY, QQQ, AGG
| Period | ENZL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.5% | −0.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.4% | −2.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.4% | +3.4% | +7.8% | +8.4% | −1.5% |
| YTD | +0.7% | −0.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +1.4% | −0.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +15.6%+4.9%/yr | +7.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −20.7%−4.5%/yr | −29.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +39.2%+3.4%/yr | +4.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +156.1%+6.5%/yr | +50.2% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionSep 2, 2010 | +205.4%+7.2%/yr | +73.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ENZL vs SPY
From Sep 2, 2010: ENZL grew to $30,544, SPY to $92,431.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ENZL returns by calendar year
11 of 15 full years positive. Best 2012 (+31.7%), worst 2022 (−16.2%). 2026 is year to date.
ENZL annual returns table
| Year | ENZL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +0.7% | −12.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +2.5% | −14.5% | +17.7% | +20.8% | +7.2% |
| 2024 | −4.9% | −11.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +2.9% | −21.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −16.2% | −32.0% | −18.2% | −32.6% | −13.0% |
| 2021 | −11.4% | −19.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +20.0% | −36.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +30.1% | −9.3% | +31.2% | +39.0% | +8.5% |
| 2018 | +0.4% | −12.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +24.0% | −6.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +11.1% | −17.5% | +12.0% | +7.1% | +2.4% |
| 2015 | −2.0% | −22.9% | +1.2% | +9.4% | +0.5% |
| 2014 | +12.6% | −11.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +12.5% | −15.3% | +32.3% | +36.6% | −2.0% |
| 2012 | +31.7% | −13.1% | +16.0% | +18.1% | +3.8% |
| 2011 | +0.1% | −20.9% | +1.9% | +3.4% | +7.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ENZL largest drawdowns
Now 28.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 7, 2021 | −42.4% | Oct 14, 2022 | not yet | 1.8 years | 5.8 years so far |
| Jan 23, 2020 | −36.9% | Mar 23, 2020 | Jul 21, 2020 | 2 months | 6 months |
| May 2, 2014 | −23.2% | Sep 4, 2015 | Mar 29, 2016 | 1.3 years | 1.9 years |
| Jul 22, 2011 | −20.9% | Nov 25, 2011 | Sep 7, 2012 | 4 months | 1.1 years |
| Sep 7, 2016 | −17.5% | Dec 16, 2016 | Jul 18, 2017 | 3 months | 10 months |
| Apr 30, 2013 | −15.3% | Jun 25, 2013 | Oct 1, 2013 | 56 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ENZL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +3.1% | −3.9% | +2.5% | +6.9% |
| Volatility (annualized) | 15.6% | 18.6% | 18.0% | 18.1% |
| Sharpe ratio | -0.01 | -0.32 | 0.10 | 0.38 |
| Sortino ratio | -0.01 | -0.41 | 0.14 | 0.58 |
| Best month | +11.6% | +11.8% | +11.9% | +13.8% |
| Worst month | −10.2% | −11.7% | −15.7% | −15.7% |
| Best 12 months | +16.6% | +16.6% | +42.3% | +51.2% |
| Worst 12 months | −6.8% | −31.5% | −31.5% | −31.5% |
| Positive months | 53% | 52% | 53% | 58% |
| Beta vs S&P 500 | 0.88 | 0.91 | 0.85 | — |
| Correlation with S&P 500 | 0.70 | 0.76 | 0.72 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ENZL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 182 | −31.5% | +7.6% | +51.2% | 71% |
| 3-year (a year) | 158 | −10.0% | +8.7% | +19.7% | 75% |
| 5-year (a year) | 134 | −5.7% | +8.8% | +18.1% | 80% |
| 10-year (a year) | 74 | +2.5% | +6.1% | +13.7% | 100% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
ENZL performance overview
iShares MSCI New Zealand ETF (ENZL) returned +1.4% over the past year and +3.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +7.2% a year, turning $10,000 into about $30,544. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −42.4%, from Jan 7, 2021 to Oct 14, 2022; the fund has not yet regained that high. ENZL finished 11 of its 15 full calendar years with a gain; the best year was 2012 (+31.7%) and the worst 2022 (−16.2%). Volatility has been 18.1% a year.
Related: ENZL chart, ENZL holdings, ENZL dividends. See the ENZL overview for the latest quote and fund facts.
ENZL performance FAQ
What is the ENZL return over the past year?
ENZL returned +1.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.8%.
What is the average annual return of ENZL?
ENZL has returned −4.5% a year over 5 years, +3.4% a year over 10 years, +7.2% a year since September 2, 2010 (total return, distributions reinvested).
How much would $10,000 invested in ENZL be worth?
$10,000 invested in ENZL at its first recorded close on September 2, 2010 would be worth about $30,544 on October 23, 2026 with distributions reinvested.
What was the worst year for ENZL?
The worst calendar year was 2022, with a total return of −16.2%. The best was 2012 at +31.7%.
What is the biggest drawdown of ENZL?
The largest peak-to-trough decline was −42.4% between January 7, 2021 and October 14, 2022. It has not yet recovered to that high; it is 28.7% below its peak.
How volatile is ENZL?
Over the past 3 years ENZL had an annualized volatility of 15.6% and a Sharpe ratio of -0.01 (excess return over 1–3 month T-bills per unit of risk).