iShares MSCI Brazil ETF (EWZ)
| Assets | $3.73B |
| Expense Ratio | 0.59% |
| PE Ratio | 4.94 |
| Shares Out | 136.15M |
| Dividend (ttm) | $2.14 |
| Dividend Yield | 7.86% |
| Ex-Dividend Date | Jun 11, 2024 |
| Payout Ratio | 38.82% |
| 1-Year Return | -18.90% |
| Volume | 12,372,064 |
| Open | 27.22 |
| Previous Close | 27.28 |
| Day's Range | 27.07 - 27.25 |
| 52-Week Low | 26.23 |
| 52-Week High | 35.74 |
| Beta | 1.18 |
| Holdings | 58 |
| Inception Date | Jul 10, 2000 |
About EWZ
Fund Home PageThe iShares MSCI Brazil ETF (EWZ) is an exchange-traded fund that is based on the MSCI Brazil 25-50 index, a market-cap-weighted index of Brazilian firms covering the entire market-cap spectrum. EWZ was launched on Jul 10, 2000 and is issued by BlackRock.
Top 10 Holdings
57.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Nu Holdings Ltd. | NU | 10.46% |
| Vale S.A. | VALE3 | 8.97% |
| Petróleo Brasileiro S.A. - Petrobras | PETR4 | 7.76% |
| Itaú Unibanco Holding S.A. | ITUB4 | 7.74% |
| Petróleo Brasileiro S.A. - Petrobras | PETR3 | 7.01% |
| WEG S.A. | WEGE3 | 4.29% |
| Banco Bradesco S.A. | BBDC4 | 3.23% |
| Ambev S.A. | ABEV3 | 2.84% |
| B3 S.A. - Brasil, Bolsa, Balcão | B3SA3 | 2.69% |
| Itaúsa S.A. | ITSA4 | 2.69% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 11, 2024 | $0.914 | Jun 17, 2024 |
| Dec 20, 2023 | $1.221 | Dec 27, 2023 |
| Jun 7, 2023 | $0.756 | Jun 13, 2023 |
| Dec 13, 2022 | $2.022 | Dec 19, 2022 |
| Jun 9, 2022 | $1.499 | Jun 15, 2022 |
| Dec 30, 2021 | $0.161 | Jan 5, 2022 |
News
EWZ: A Cautionary Tale Of Fiscal Struggles And Currency Chaos
Brazil faces rising inflation and a record fiscal deficit, causing iShares MSCI Brazil ETF to drop 19% in 2024 while the S&P 500 gained 20%. The Brazilian real has deeply weakened against the U.S. dol...
EWZ: Not Ideal, But Don't Write It Off Either
Brazilian equities have underperformed both global stocks and their EM counterparts quite significantly this year. EWZ is the largest Brazilian-themed ETF around, but the next largest offering - FLBR ...
China Outperforms The Rest Of The World
Shanghai CSI 300 has gone from a 52-week low to a 52-week high in only a couple of weeks. Other than China and Hong Kong, Australia is the only other international market starting the week at a 52-wee...
Market strengths here… and abroad
Market strengths here… and abroad.
Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024
The 'Undercovered' Dozen ETF edition highlights less covered ETFs, focusing on seven in-depth analyses and five brief mentions, from articles published between August 15th and September 16th. The Inve...
EWZ: Opportunities Outweigh The Monetary Policy Uncertainty
Brazilian equities have gained 15.16% post-Black Monday, driven by the outperformance of financial stocks, positive external news, and mixed internal news. The largest tracking ETF is at its lowest fi...
EWZ: Why It Could Be A Good Time To Invest In Brazil
To invest in the Brazilian stock market, I chose the EWZ ETF because it is more liquid, even though it has fewer holdings and is more expensive than its peers. The economic prospects for Brazil are po...
EWZ: Worth The Risk Despite Lula Intervention
The EWZ tracks the performance of the MSCI Brazil index, which is dominated by commodity stocks and characterised by a high dividend yield and cheap valuations. Sentiment towards Brazilian stocks has ...
EWZ: High Return, Cheap Valuation And Prominent Position - Buy
With changes in global geopolitics, Brazil is positioning itself as a great investment alternative in emerging markets. Brazil has strong competitive advantages in agriculture, mining and the oil indu...
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...
EWZ: Brazil's Bull Market Maybe Entering Its Next Phase
The iShares MSCI Brazil ETF has outperformed its emerging market peers, rising 85% since its lows in 2021. This outperformance has been driven by a narrowing of Brazil's valuation discount, and there ...
EWZ: Attractive Now, But Signs Of A 'Flash In The Pan' In Brazil's Economic Future
The iShares MSCI Brazil ETF is set for a successful year with significant gains, approaching all-time highs amid a skeptical global economic landscape. Brazil's stock market had a stellar November, dr...
EWZ: Cheap And Volatile
Brazil stocks are at a 20-year valuation low. Trade surplus on commodity exports supports currency. Politics and institutional dysphoria provide risk and volatility.
EWZ: Cautious Optimism Amidst Slowing Interest Rate Trends
EWZ exhibited a cumulative performance of 9.5% in 2023, propelled by optimism in the first half and expectations of interest rate reductions. The country's GDP grew by 0.9% in the second quarter, driv...
Final Trades: UUP, EWW, EWZ, WRK
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
EWZ: Weathering Short-Term Turbulence, Still Undeniably Cheap
EWZ iShares MSCI Brazil ETF has shown signs of recovery in September after a decline in August. Business activity in Brazil has slowed, inflation is ticking higher, and fiscal uncertainties have weake...
EWZ: Brazilian Equity Index ETF, Strong 8.8% Yield, Cheap Valuation, Positive Momentum
Emerging market equities currently trade with cheap prices and valuations, and above-average yields. Latin American equities doubly so. EWZ is a simple Brazilian equities index ETF, and offers investo...
Brazil, India – getting more "active" abroad
EWZ: The Bull Market's Run Seems To Have Ended
Ibovespa, Brazil's stock market index, experienced 13 consecutive falls in August 2023, impacting the performance of the EWZ ETF. Inflation in Brazil, as measured by the IPCA, reached 0.12% in July, n...
EWZ: Bull Market Not Over Yet
The iShares MSCI Brazil ETF remains a highly attractive and undervalued resource play. The ETF is heavily weighted towards materials and energy, with Vale and Petrobras comprising over one quarter of ...
EWZ: Surf The Uptrend Now, But Beware Of The Rollercoaster In The Long Run
The iShares MSCI Brazil ETF has been on an upward trend with a +30.93% YTD return, indicating positive momentum and a potential long opportunity. The current P/E ratio of the iBovespa is near its all-...