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Upturn AI Summary
iShares MSCI New Zealand ETF(ENZL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ENZL
10/08/2026: ENZL (1-star) is currently NOT-A-BUY. Pass it for now.
ENZL provides targeted exposure to the New Zealand equity market by tracking an index of large- and mid-cap companies. Its main strengths include its unique role as the only US-listed ETF dedicated to New Zealand, backed by BlackRock's robust management. It is best suited for long-term investors seeking geographic diversification or exposure to defensive, dividend-yielding sectors. Key risks include high geographic and sector concentration, sensitivity to currency fluctuations, and relatively low liquidity. Investors should monitor New Zealand’s macroeconomic trends and the NZD/USD exchange rate.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The New Zealand market is generally characterized by steady, mature firms rather than aggressive high-growth tech firms. |
| Momentum investor | Weak fit | This fund typically exhibits lower volatility and trend strength compared to global momentum-heavy indices. |
| Value investor | Mixed fit | Investors may find value in the defensive, dividend-paying nature of the underlying utilities and infrastructure firms. |
| Dividend/Income investor | Strong fit | The New Zealand market is known for companies with stable dividend yields, making this a potential fit for income-focused portfolios. |
| Low-risk investor | Mixed fit | While the stocks are stable, currency risk and single-country concentration risk prevent this from being a low-risk investment. |
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking tactical, long-term geographic diversification or income generation within a global portfolio.
Suitability
Best for long-term investors looking for specific regional exposure; not recommended for active, short-term traders due to liquidity constraints.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium | The fund exhibits moderate volatility tied to local economic performance and currency fluctuations. |
| Market risk | Medium / high | As a single-country fund, it is fully exposed to the political and economic conditions of New Zealand. |
| Concentration | High | The portfolio is concentrated in a limited number of sectors and issuers within one geographic region. |
| Tracking/expense | Low | iShares manages the fund with high accuracy, resulting in minimal tracking error relative to the index. |
| Liquidity | Medium | Low trading volume can lead to wider spreads and difficulty executing large trades without moving the price. |
| Business/sector quality | Medium | The focus on utilities and telecommunications provides stable but slow-growing business quality. |
Risk Analysis
Volatility
Historically moderate, but prone to spikes due to low liquidity in underlying stocks and sensitivity to NZD currency movements.
Market Risk
Significant risk stems from economic health of New Zealand and concentrated sector exposure to utilities and telecommunications.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | New Zealand Equities | 99 | The fund provides comprehensive coverage of the New Zealand equity market, reflecting the country's economic landscape. |
| Cash/collateral | Cash and Cash Equivalents | 1 | A small cash reserve is maintained for liquidity needs and operational settlement. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 0.17% | Avg. Invested days 58 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/08/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 8, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $65.44M |
| Issuer | iShares |
| Expense Ratio | 0.5% |
| Distribution Yield | 2.23% |
| Inception | Sep 1, 2010 |
Performance
| Period | Total Return |
|---|---|
| YTD | +0.12% |
| 1 Year | -1.73% |
| 3 Year | +2.93% |
| 5 Year | -4.28% |
| 10 Year | +2.44% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 16.36% |
| 3Y Volatility | 15.5% |
| 3Y Sharpe Ratio | -0.03 |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mid Cap | 47.24% |
| Small Cap | 27.33% |
| Large Cap | 23.73% |
| Micro Cap | 1.18% |
Top Sectors
| Sector | Weight |
|---|---|
| Healthcare | 32.13% |
| Industrials | 25.74% |
| Utilities | 13.34% |
| Real Estate | 12.86% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 25.22x |
| Portfolio P/B | 1.49x |
| Portfolio P/S | 1.88x |
| Holdings Turnover | 34.0% |
Top Holdings
| Holding | Weight |
|---|---|
| Fisher & Paykel Healthcare | 24.30% |
| Auckland International Airport | 11.87% |
| Infratil | 10.28% |
| Mercury NZ | 4.52% |
| Meridian Energy | 4.40% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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