iShares MSCI Brazil ETF EWZ
- Expense Ratio (TER) 0.59% · Fair — moderate costs
- AUM (Fund Size) 9.07B · Large — good liquidity & low tracking error
- Distribution Yield 4.24% · Strong income distribution
- Diversification 10 holdings · Top-10 = 57.3% — concentrated, higher single-stock risk
- Long-Term Track Record 3Y avg +10.0%/yr · 5Y avg +5.8%/yr
- Annual Volatility 25.1% · High
- Worst 1-Year Drawdown -19.3% · Moderate drawdown
- Risk-Adjusted Return Sharpe 1.36 · Good — earns well per unit of risk
Auto-generated from fund data and price history. Not investment advice — verify with the fund issuer's factsheet before investing.
About This Fund
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is a free float-adjusted market capitalization-weighted index designed to measure the performance of the large- and mid- capitalization segments of the equity market in Brazil. The fund is non-diversified.
Investment Strategy & Highlights
- Theme: Tracks Brazil.
- Category: Focused Region · managed by iShares.
- Diversification: 10 top holdings reported; the top 10 positions account for 57.3% of the portfolio.
- Largest position: Vale SA (VALE3.SA) at 10.66%.
- Top sector: Financial Services at 34.5% of holdings.
- Geographic exposure: Brazil (29.6%), United States (27.7%) .
- Cost: Expense ratio of 0.59% — moderate for this category.
- Income: Distributes a yield of approximately 4.24%.
- Track record: 3Y avg +10.00% · 5Y avg +5.78% per year.
- Trading: Listed on PCX, denominated in USD.
Geographic Allocation
| Country / Region | Weight % |
|---|---|
| Brazil | 29.56% |
| United States | 27.69% |
Inferred from the listing exchange of each top holding; the underlying fund may invest beyond the holdings shown here.
Curated from issuer disclosures, fund factsheets, and public market data. Figures are illustrative and not investment advice.
Key Facts
Performance Returns
Total price return over each window. 3Y/5Y use weekly close history; shorter windows use daily closes.
Risk & Volatility
Volatility = stdev of daily returns × √252. Sharpe-like = annualized mean / annualized vol (rf = 0%). Educational estimates from 1-year price history.
Technical Trend
Signal: Bullish (price > SMA50 > SMA200)
Computed from daily close history. SMA-50 above SMA-200 is the classic “golden cross” trend regime. RSI > 70 overbought · RSI < 30 oversold.
PROS
- Attractive risk-adjusted return (Sharpe~1.36).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from fund metrics.
Price Chart
🔄 Similar Funds to Compare
This fund is in the Focused Region category. Compare with other funds in the same category on the Funds & ETFs page to find the best fit for your strategy.
- Compare expense ratios — lower TER saves money
- Check 1Y/3Y/5Y returns — consistency matters
- Review AUM — larger funds have better liquidity
- Look at holdings overlap — avoid duplication
Top Holdings (10)
| # | Symbol / CUSIP | Name | Weight % |
|---|---|---|---|
| 1 | VALE3.SA | Vale SA | +10.66% |
| 2 | NU | Nu Holdings Ltd Ordinary Shares Class A | +9.12% |
| 3 | ITUB4 | Itau Unibanco Holding SA Participating Preferred | +8.61% |
| 4 | PETR4 | Petroleo Brasileiro SA Petrobras Participating Preferred | +6.20% |
| 5 | PETR3.SA | Petroleo Brasileiro SA Petrobras | +5.83% |
| 6 | BBDC4 | Bank Bradesco SA Participating Preferred | +3.76% |
| 7 | AXIA3.SA | Axia Energia | +3.47% |
| 8 | WEGE3.SA | Weg SA | +3.25% |
| 9 | ABEV3.SA | Ambev SA | +3.20% |
| 10 | B3SA3.SA | B3 SA - Brasil Bolsa Balcao | +3.16% |
Top holdings as reported by the fund issuer; full list of constituents may not be available.
Sector Allocation
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