iShares MSCI New Zealand ETF

10-Year Study

ENZL.US · · US · ETF

Executive Summary: iShares MSCI New Zealand ETF has compounded at 3.3% annually over the last 10 years, with a maximum drawdown of 37.3% and an annualized volatility of 16.9%.

1Y CAGR
-0.2%
3Y CAGR
-0.8%
5Y CAGR
-4.8%
10Y CAGR
+3.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
37.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.03
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.05
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
17.8%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +30.1%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -16.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20263.71.2-8.8—————————-4.3%
2025-0.5-5.8-0.71.34.23.7-1.2-0.42.4-0.1-0.60.52.5%
2024-5.0-2.21.0-2.65.3-1.82.06.30.3-4.53.4-6.2-4.9%
20237.4-6.12.0-0.0-4.53.72.1-9.5-2.1-6.011.66.52.9%
2022-11.74.61.1-9.2-3.2-7.08.2-3.0-11.75.911.80.0-16.2%
2021-0.5-7.6-0.43.7-4.6-0.6-0.55.0-2.73.4-8.11.9-11.4%
2020-2.8-5.9-15.79.25.611.13.73.2-5.13.211.93.620.0%
20195.61.75.80.1-2.46.01.8-5.10.61.26.55.530.1%
20184.5-2.81.2-2.62.70.7-0.21.6-0.9-6.76.5-3.00.4%
20179.4-0.8-2.10.93.76.73.0-2.21.1-3.3-0.16.324.0%
2016———1.70.43.88.10.60.1-8.5-1.5-2.71.2%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 16.9%. The dominant macroeconomic risk driver is LQD.US, accounting for 46.2% of variance. Idiosyncratic stock-specific factors contribute 20.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110167.754474046482
2016-05-0110204.227062920076
2016-06-0110594.509676896914
2016-07-0111454.303992226092
2016-08-0111528.18851728885
2016-09-0111535.832860960401
2016-10-0110560.5312171026
2016-11-0110400.485869301157
2016-12-0110120.722325694389
2017-01-0111073.447242691716
2017-02-0110989.391853591384
2017-03-0110755.040893999514
2017-04-0110846.740626771401
2017-05-0111246.675844197911
2017-06-0112003.239128674388
2017-07-0112361.292412341081
2017-08-0112088.849299538424
2017-09-0112226.382703052877
2017-10-0111824.180095554295
2017-11-0111811.22358085675
2017-12-0112553.50230787918
2018-01-0113122.066564094259
2018-02-0112751.834156611872
2018-03-0112905.206899344077
2018-04-0112571.997732609927
2018-05-0112905.206899344077
2018-06-0112998.331848732692
2018-07-0112976.824034334764
2018-08-0113186.52522471455
2018-09-0113065.543768726213
2018-10-0112183.755769697953
2018-11-0112980.872945177749
2018-12-0112597.522066564095
2019-01-0113303.781682727347
2019-02-0113533.727427322048
2019-03-0114313.871568548062
2019-04-0114324.819823467487
2019-05-0113988.112397765002
2019-06-0114832.553243177586
2019-07-0115106.259616163254
2019-08-0114329.61373390558
2019-09-0114412.956514697547
2019-10-0114582.460118228199
2019-11-0115527.216778686534
2019-12-0116387.788484897566
2020-01-0115936.610251842254
2020-02-0115002.996194023808
2020-03-0112647.696169730343
2020-04-0113806.883148433073
2020-05-0114577.342294922666
2020-06-0116193.149242853673
2020-07-0116784.646530083406
2020-08-0117319.005587496966
2020-09-0116441.752368612844
2020-10-0116964.677301805816
2020-11-0118982.039031500524
2020-12-0119672.0706130051
2021-01-0119565.146975463602
2021-02-0118071.0340918293
2021-03-0117993.003482063326
2021-04-0118660.587901854404
2021-05-0117809.474451372582
2021-06-0117706.372985666858
2021-07-0117624.746943072314
2021-08-0118502.48603125759
2021-09-0118006.737387642723
2021-10-0118616.21183901531
2021-11-0117102.761357194915
2021-12-0117432.375091100497
2022-01-0115393.570329581344
2022-02-0116105.98429022593
2022-03-0116285.10810591951
2022-04-0114791.448700299621
2022-05-0114314.77852457689
2022-06-0113318.033848894647
2022-07-0114405.18260587902
2022-08-0113973.92501417119
2022-09-0112332.755688719733
2022-10-0113060.490727994169
2022-11-0114605.814235970525
2022-12-0114611.677058871166
2023-01-0115687.618430642158
2023-02-0114732.075471698114
2023-03-0115026.998137501014
2023-04-0115023.985747833834
2023-05-0114349.858288120497
2023-06-0114886.322779172402
2023-07-0115196.339784597945
2023-08-0113755.737306664507
2023-09-0113460.911814721841
2023-10-0112655.502469835616
2023-11-0114128.042756498502
2023-12-0115042.124868410398
2024-01-0114283.747671876266
2024-02-0113970.459146489593
2024-03-0114110.033201068913
2024-04-0113740.934488622563
2024-05-0114469.835614219775
2024-06-0114208.567495343754
2024-07-0114486.743865900073
2024-08-0115393.149242853675
2024-09-0115444.716171349908
2024-10-0114755.526763300673
2024-11-0115255.615839339218
2024-12-0114311.345048182038
2025-01-0114241.671390395983
2025-02-0113421.26487974735
2025-03-0113329.403190541747
2025-04-0113497.287229735202
2025-05-0114061.122358085677
2025-06-0114587.999028261398
2025-07-0114408.87521256782
2025-08-0114348.109158636325
2025-09-0114691.424406834562
2025-10-0114677.528544821444
2025-11-0114593.019677706698
2025-12-0114663.535508948096
2026-01-0115204.469997570654
2026-02-0115379.38294598753
2026-03-0114031.90541744271
Annual Return Matrix
YearAnnual Return
20170.24037612177230416
20180.0035065719195579437
20190.3008739653962158
20200.20041033182324886
2021-0.11385153937094739
2022-0.16180801626218688
20230.029459165283008737
2024-0.0485822200401389
20250.02460917961102438
2026-0.04307488402915849
Total Factor Risk
0.1691672409852344
VTI.US Exposure
-0.11406742592075007
VEA.US Exposure
-0.08859543001457837
VWO.US Exposure
0.005193203369803473
QQQ.US Exposure
0.2141912253382503
VTV.US Exposure
0.167305392903569
IJR.US Exposure
0.0165518748069879
QUAL.US Exposure
-0.1781284524686779
SHV.US Exposure
0.006219795236134743
TLT.US Exposure
-0.11550391822005579
LQD.US Exposure
0.46160748728599976
HYG.US Exposure
0.013577787382131903
GLD.US Exposure
0.006256968548329752
USO.US Exposure
0.0068922695093209555
VNQ.US Exposure
0.2048845955391477
BTC-USD.CC Exposure
0.04175682002851982
CPER.US Exposure
-0.0017223476436534911
VIX.INDX Exposure
0.043147476310758125
UUP.US Exposure
0.11280792578039381
TIP.US Exposure
-0.0022253002856432525
Idiosyncratic Exposure
0.19985005251401167
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
16.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Forward P/EForward P/E RatioA valuation metric that compares the current stock price to estimated future earnings per share.Click for full definition →No estimate availableN/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Squeeze RiskShort Squeeze RiskA situation where a sharp rise in the price of a stock forces short sellers to buy shares to cover their positions, further driving up the price.Click for full definition →Low
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators: distance from 50/200-Day SMA, 52-Week High proximity, Golden Cross trend signal, RSI momentum gauge, Fibonacci retracement levels, and Beta (market sensitivity).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-5.9%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-4.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
9.8% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.04
Market sensitivity coefficient
Trend SignalGolden Cross & Death CrossTechnical chart patterns that occur when a short-term moving average crosses over a long-term moving average.Click for full definition →
✦ Golden Cross
Bullish — 50 SMA above 200 SMA
RSI (14-Day)Relative Strength Index (RSI)A momentum oscillator that measures the speed and change of price movements to identify overbought or oversold conditions.Click for full definition →
33
OversoldNeutralOverbought
Neutral
Fibonacci LevelsFibonacci RetracementTechnical levels based on mathematical ratios that indicate potential support and resistance areas.Click for full definition →
38.2% retracement-2.4%
50.0% retracement+0.1%
61.8% retracement+2.8%
% distance of current price from each 52-week Fibonacci support level.

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Frequently Asked Questions & Methodology

Is iShares MSCI New Zealand ETF a high-risk investment?

iShares MSCI New Zealand ETF (ENZL.US) has an annualized volatility of 16.9% and experienced a maximum drawdown of 37.3% over the last 10 years. Its primary macro risk driver is LQD.US.

What is the 10-year return of ENZL.US?

Over the past 10 years, ENZL.US has generated a Compound Annual Growth Rate (CAGR) of 3.3%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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