UBL Pakistan Enterprise ETF
Price
Rs39.88
YTD
+18.50%
Expense
1.50%
Yield
2.43%
ENZL
ENZL NYSE
iShares MSCI New Zealand ETF · by BlackRock
Price
NZ$47.94
YTD return
+3.20%
1Y return
5.80%
Expense ratio
0.47%
Dividend yield
3.50%
AUM
$85M
ENZL provides exposure to New Zealand equities, featuring the country's well-managed utilities, dairy, and healthcare companies. New Zealand offers a defensive, income-oriented equity profile.
ENZL: New Zealand's Stable Market
The iShares MSCI New Zealand ETF offers exposure to one of the world's most stable and well-governed economies. New Zealand's equity market features defensive, income-generating companies in utilities, dairy, telecommunications, and healthcare sectors.
Defensive Characteristics
New Zealand equities tend to exhibit lower volatility than global markets, making ENZL attractive for risk-averse investors. The country's small, stable economy and strong institutions provide a supportive environment for dividend-paying companies.
Dairy Powerhouse
Fonterra, the world's largest dairy exporter, is a key part of New Zealand's economy (though not directly held in ENZL as a cooperative). Related companies like a2 Milk and Synlait benefit from global dairy demand, particularly from China.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Fisher & Paykel Healthcare | FPH | Healthcare | 15.80% | 44.32 -0.63% |
| 2 | Auckland International Airport | AIA | Industrials | 10.50% | 8.54 -0.35% |
| 3 | Meridian Energy | MEL | Utilities | 8.20% | 5.40 -2.17% |
| 4 | Spark New Zealand | SPK | Communication | 7.50% | 2.19 -0.23% |
| 5 | Contact Energy | CEN | Utilities | 6.80% | 8.87 0.97% |
Frequently asked questions
Why invest in New Zealand?
New Zealand offers a stable, well-governed economy with defensive equity characteristics, attractive dividends, and exposure to the growing Asian consumer market through food exports.
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Community
ENZL discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
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ENZL price prediction 2026: what actually drives it?
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