iShares MSCI Brazil ETF (EWZ)
| Assets | $13.76B |
| Expense Ratio | 0.59% |
| PE Ratio | 10.40 |
| Forward PE | 9.24 |
| Shares Out | 329.05M |
| Dividend | $1.36 (3.98%) |
| Ex-Dividend Date | Jun 15, 2026 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 38.25% |
| Volume | 299,140,980 |
| Open | 31.71 |
| Previous Close | 42.59 |
| Day's Range | 31.40 - 34.54 |
| 52-Week Low | 30.70 |
| 52-Week High | 43.90 |
| Beta | 0.60 |
| Holdings | 53 |
| 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
57.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Nu Holdings Ltd. | NU | 8.57% |
| Itaú Unibanco Holding S.A. | ITUB4 | 8.36% |
| Petróleo Brasileiro S.A. - Petrobras | PETR4 | 8.17% |
| Petróleo Brasileiro S.A. - Petrobras | PETR3 | 7.68% |
| Vale S.A. | VALE3 | 7.19% |
| B3 S.A. - Brasil, Bolsa, Balcão | B3SA3 | 4.37% |
| Banco Bradesco S.A. | BBDC4 | 3.82% |
| Banco BTG Pactual S.A. | BPAC11 | 3.39% |
| AXIA Energia SA | AXIA3 | 3.05% |
| Companhia de Saneamento Básico do Estado de São Paulo - SABESP | SBSP3 | 2.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 15, 2026 | $0.3307 | Jun 18, 2026 |
| Dec 30, 2025 | $0.10618 | Jan 5, 2026 |
| Dec 16, 2025 | $1.02679 | Dec 19, 2025 |
| Jun 16, 2025 | $0.51519 | Jun 20, 2025 |
| Dec 17, 2024 | $1.09197 | Dec 20, 2024 |
| Jun 11, 2024 | $0.91436 | Jun 17, 2024 |
Performance
EWZ had a total return of 17.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.13%.
News
Opinion | Markets Don't Vote for Lula in Brazil
Latin America's political right has been cleaning up at the ballot box for three years, but on Sunday it suffered a setback in Brazil. Leftist President Luiz Inácio “Lula” da Silva of the Workers' Par...
Lula wins Brazil runoff after prediction markets favored Bolsonaro
In a runoff election, Luiz Inácio Lula da Silva defeated Flávio Bolsonaro, the right-wing candidate and son of former president Jair Bolsonaro, by 51.8% to 48.2%, according to the country's Superior E...
Brazilian Markets Crash After Lula's Surprise Election Win Stunned Investors
Brazil's main stock market index dropped to a two-month low after President Luiz Inácio Lula da Silva secured a surprise victory in the presidential election runoff.
Brazil markets, currency reel from leftist Luiz Inácio Lula da Silva's election win
Brazil's markets and currency plungedMonday in the aftermath of leftist President Luiz Inácio Lula da Silva's reelection victory, prompting a temporary halt in trading in the South American country.
What Lula's Win Means for Brazil's Markets, Currency
Nur Cristiani, head of Latin America investment strategy at JPMorgan Private Bank, examines the market implications of the Brazilian election after President Luiz Inácio Lula da Silva pulled off a stu...
Leftist president wins in Brazil, keeping country at odds with Trump
U.S.-listed Brazilian stocks plunged on Lula's unexpected victory over Bolsonaro, with the 80-year-old president scoring close to 52% of the vote. The results may further strain ties with Washington.
Brazil stocks brace for selloff after Lula's win; EWZ ETF falls 27% in premarket
Investors are bracing for heightened volatility across Brazilian financial markets after leftist President Luiz Inácio Lula da Silva secured a surprise victory over right-wing challenger Flávio Bolson...
A shock in Brazil sends stocks plunging, while neoclouds take another hit
Here are the key things investors need to know to start the trading day.
Brazil Braces for More Market Turbulence: Market Analysis
Guy Johnson, Oliver Crook and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." -------- More on Bloomberg Television and Markets Like this video?
Investors expect markets to unwind as Brazil's Lula reelected
Brazilian stocks and the real currency slumped after the surprise reelection of President Luiz Inacio Lula da Silva as the bullish investor sentiment which followed his right-wing rival's success in ...
Analysts forecast Brazil market plunge after Lula turnaround win
Brazilian President Luiz Inacio Lula da Silva's election victory over Flavio Bolsonaro was set to trigger a sharp selloff in its financial markets on Monday.
Brazilian stocks are breaking out as investors look for opportunities beyond tech
Brazil's presidential election is powering optimism in the country's stock market — and capturing the attention of investors wary of having too much exposure to the U.S. stock market.
Brazil Looks to Slow Its Debt ‘Snowball.' It Won't Be Easy.
Budget deficits close to 10% of gross domestic product have pushed Brazil's central bank to maintain high interest rates.
Brazil Markets Are Betting on a Right-Wing Comeback. Major Hurdles Remain.
Markets are betting Flávio Bolsonaro can fix Brazil's balance sheet and rein in public spending. Translating political momentum into lasting economic reform will be a much harder task.
Brazil Real Surges After Bolsonaro Takes Surprising Lead
Flávio Bolsonaro took a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil's presidential election, making him the favorite to win the runoff which is to be held October 25. Bra...
Brazilian stocks jump as Bolsonaro now seen as heavy favorite to win presidency
Flávio Bolsonaro and Luiz Inácio Lula da Silva will face off in a run-off on Oct. 25 for Brazil's presidency, after both received the most but neither a majority of the votes in a first round result o...
Brazil's currency, stocks jump after Bolsonaro scores first-round upset
The Bovespa benchmark stock index gained more than 9% and the country's currency strengthened against the US dollar.
Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election
"The Brazil trade is: Does Lula win or does Bolsonaro win?" said one economist.
Record ETF Launch Pace & Innovation Defined August
Late-summer vacations and school prep usually signal a sleepy August for Wall Street. However, exchange-traded funds (ETFs) had other plans in mind.
Brazil, ECB studying instant payments link in potential first cross-border move for Pix, sources say
Brazil's central bank and the European Central Bank (ECB) are studying a potential link between their instant payment systems, two people with direct knowledge of the matter said, in a move that could...
Traders are piling into this international stock market that just pulled ahead of the Nasdaq
The rally might be tied to commodities, which are also surging, or an expression of optimism around the country's upcoming general election in October.
Brazil's Central Bank Cuts Rates as Inflation Eases
The bank's monetary committee cut the Selic benchmark lending rate to 14% from 14.25%, but indicated that uncertainty around its inflation projections remains higher than usual.
US tariffs on Brazil are a bitter pill for sugar and ethanol makers
Brazil's ethanol and sugar producers on Thursday despaired at the imposition of new 25% tariffs on Brazilian goods by the U.S. government, lamenting a rollback in cooperation between the two countrie...

