iShares MSCI Brazil ETF (EWZ)
| Assets | $10.70B |
| Expense Ratio | 0.59% |
| PE Ratio | 12.10 |
| Shares Out | 285.30M |
| Dividend (ttm) | $1.65 |
| Dividend Yield | 4.00% |
| Ex-Dividend Date | Dec 30, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 48.45% |
| Volume | 47,230,557 |
| Open | 41.87 |
| Previous Close | 41.47 |
| Day's Range | 41.12 - 41.89 |
| 52-Week Low | 24.77 |
| 52-Week High | 42.02 |
| Beta | 0.72 |
| Holdings | 61 |
| 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
58.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Vale S.A. | VALE3 | 10.62% |
| Nu Holdings Ltd. | NU | 8.89% |
| Itaú Unibanco Holding S.A. | ITUB4 | 8.70% |
| Petróleo Brasileiro S.A. - Petrobras | PETR4 | 7.37% |
| Petróleo Brasileiro S.A. - Petrobras | PETR3 | 6.73% |
| B3 S.A. - Brasil, Bolsa, Balcão | B3SA3 | 3.75% |
| Banco Bradesco S.A. | BBDC4 | 3.43% |
| Companhia de Saneamento Básico do Estado de São Paulo - SABESP | SBSP3 | 3.00% |
| WEG S.A. | WEGE3 | 2.92% |
| AXIA Energia SA | AXIA3 | 2.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 20, 2023 | $1.22097 | Dec 27, 2023 |
Performance
EWZ had a total return of 75.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.00%.
News
US–Iran Ceasefire Ignites EM ETF Rally With A Twist: Brazil In, India Out
A tentative U.S/–Iran ceasefire has reignited risk appetite across emerging markets, driving more than $1.1 billion into U.S.-listed EM ETFs and snapping a four-week streak of heavy outflows, reported...
Brazil stocks slide as hawkish signals, oil risks weigh on Ibovespa
Brazil's benchmark Ibovespa fell about 1% on Friday, slipping below the 179,000 mark as investors recalibrated expectations in response to a more cautious tone from central banks and escalating geopol...
Brazil stocks hover near record highs as commodities, banks drive gains
As investors balanced optimism over a potential de-escalation in the Middle East with ongoing geopolitical uncertainty, Brazil's benchmark Ibovespa index posted a modest gain on Tuesday, remaining abo...
Brazil, Mexico Provide Safe Haven Amid Middle East Tumult: Charts
ETFs tracking Brazil and Mexico are showing encouraging technical indicators.
Brazil markets rise as Lula interview and earnings season take center stage
As investors concentrated on political developments and a packed schedule of corporate earnings, Ibovespa futures were trading higher on Thursday, indicating a cautiously optimistic tone in Brazilian ...
ETF Edge: A fundamental shift in international investing as geopolitical concerns swing markets
Political and economic tensions, domestic headlines, currency flows and the Federal Reserve have all combined to reignite the “United States vs. international” investing debate.
Trade Tracker: Stephanie Link sells the INDA and buys the EWZ
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to detail her latest portfolio moves outside of the U.S.
Brazilian stocks rally on higher oil prices and strong services data
Brazilian equities posted strong gains on Tuesday, supported by higher oil prices and fresh signs of improving domestic economic activity. According to InfoMoney, the Ibovespa — the benchmark index — ...
Brazil's Stock Market Had a Knockout Year. More Gains Hinge on Political Change.
What's driving the bull run in Brazilian stocks is the prospect of change under a new president after the election next October.
These Single-Country ETFs Can Hedge Your U.S. Risk
Single-country funds can reduce overall portfolio risk by acting differently than the S&P 500, offering diversification beyond broad international indexes.
Tariffs Be Damned. These Latin America Funds Are Buys.
Part of the rally in Latin America stock funds is currency-related. But another driver is that the stocks are exceptionally cheap.
Brazilian equities rebound, but XP Asset urges caution amid weakening signals
Brazilian stocks saw a strong recovery in August, going up 6% on the month according to the benchmark Ibovespa index. XP Asset's equity funds outperformed further, with returns between 8 and 9%.
Brazil's Markets and Politics Are Intertwined. Trump Is Key.
Brazil's former president, Jair Bolsonaro, goes on trial in his country, and U.S. President Donald Trump attempt to stop the trial with tariffs backfired. The markets are watching for new developments...
Brazil unveils aid package for exporters hit by US tariffs
Brazil's government unveiled on Wednesday a long-awaited aid package for companies hurt by steep U.S. tariffs, centered on credit lines for exporters and government purchases of products that face gre...
Trump raises tariffs on India, Canada, Brazil and others over stalled trade deals
The Trump administration implements sweeping tariffs while securing deals with key partners and maintaining temporary truces with Mexico and China.
Trump's 50% Brazil coffee tariff expected to rejig trade, send more beans to China
The Trump administration's steep import tariff on Brazilian coffee looks set to reshuffle trade routes for beans from the world's top grower and exporter, benefiting China and incentivizing traders to...
Brazilian companies react to Trump's tariffs with relief and doubt
Brazilian companies reacted with a mix of relief and doubt after the White House surprised them on Wednesday with a list of nearly 700 exceptions to the 50% tariff U.S. President Donald Trump imposed ...
How Trump is justifying an executive order for 50% tariffs on Brazil
President Donald Trump signed an executive order Wednesday to impose his threatened 50% tariffs on Brazil, setting a legal rationale that Brazil's policies and criminal prosecution of former President...
Trump order excludes aircraft, OJ, energy from Brazil tariffs
The U.S. excluded several of Brazil's major exports from the 50% tariff President Donald Trump signed into an executive order on Wednesday, including orange juice, some aircraft, wood pulp and energy ...
The Big 3: TSM, EWZ, LULU
@Theotrade's Don Kaufman is a bull when it comes to TSMC (TSM). He sees the stock running up to $250 at the end of the week on expectations of a strong report, with ASML Holding (ASML) being the only ...
Brazil pledges retaliatory tariffs on the U.S. if Trump imposes 50% import taxes
Brazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by ...
How a 50% US tariff rate could affect Brazilian exports
U.S. President Donald Trump said he plans to impose 50% tariffs on all products from Brazil starting August 1, which could have a sharp impact on South America's agricultural powerhouse.
Trump to Impose 50% Tariff on Goods From Brazil
President Donald Trump threatened to impose 50% tariffs on Brazilian goods, sharply escalating a dispute with Latin America's largest nation. Vinicius Andrade has more on "Bloomberg The Close.
US coffee, orange juice prices could surge if Trump's Brazil tariffs stick
Around a third of the coffee consumed in the U.S. comes from Brazil.
President Trump hits Brazil with 50% tariffs, bitcoin soars to $112,000
Morning Brief: Market Sunrise anchor Ramzan Karmali breaks down the latest international financial news. President Trump announced that Brazil will be hit with 50% tariffs for imports coming into the ...
Trump Slaps Brazil With 50% Tariff While Criticizing Prosecution Of Former President
This is a developing story and will be updated.
Pres. Trump announces 50% tariff on Brazil starting August 1
CNBC's Megan Cassella joins 'Closing Bell Overtime' with the latest tariff news out of the Oval Office.
Trump announces 50% tariff on Brazil in retaliation for Bolsonaro trial, trade deficit
President Donald Trump said the U.S. will slap a 50% tariff on Brazil's imports.
Final Trade: EWZ, BABA, KWEB, WMT
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
EXCLUSIVE: These Emerging Markets Are The Calm In The Tariff Storm
As global markets spiral from fresh tariff hikes, some emerging markets defy the chaos—surviving and thriving.
The Big 3: JD, X, EWZ
Alan Knuckman goes global with his Big 3 picks. He turns to example option trades in JD.com (JD), United States Steel Corp. (X) and the iShares MSCI Brazil ETF (EWZ).
Brazil Has a Great Economy but Awful Markets. Here's Why.
Investors are looking past the healthy present to a recurrence of Brazil's chronic economic disease: excessive government spending that spurs runaway inflation and crowds out growth.
Market strengths here… and abroad
Market strengths here… and abroad.
Final Trades: UUP, EWW, EWZ, WRK
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Brazil, India – getting more "active" abroad
Shunned commodity ETFs starting to ‘perk up' as Fed watches grain prices
Please send feedback and tips to christine.idzelis@marketwatch.com or isabel.wang@marketwatch.com. You can also follow me on Twitter at @cidzelis and find me on LinkedIn.
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Amy Oldenburg, Head of Emerging Markets Equity at Morgan Stanley, discusses how to invest in emerging markets.
Final Trades: TRU, CVX, EWZ and LYV
The final trades of the day with the Fast Money traders.
Latin American Stock Fiesta Has Staying Power
From Brazil to Mexico, Latin American equity markets are flexing their muscles. Here's how fund managers are playing the rally south of the border.
Brazil's Market Likes the New Lula. 6 Stocks to Play.
The catalyst for the market's upturn is a set of fiscal rules by Brazil's president to fix recurring budget deficits. Investors were pleased.
Optimistic Options Traders Foresee Significant Gains For iShares MSCI Brazil ETF By September Expiration
Options traders made huge bets on Brazil, taking the iShares MSCI Brazil ETF EWZ slightly lower on Thursday.
Brazil ETFs drop after Bolsonaro supporters storm Brazilian Congress
Shares of exchange-traded funds that focus on Brazil were falling Monday morning, after rioters supporting former Brazilian President Jair Bolsonaro stormed the country's Congress over the weekend fol...
Brazil markets to see fresh volatility after Bolsonaro supporters storm capital
Brazilian assets may be hit by fresh volatility on Monday after supporters of former President Jair Bolsonaro stormed key government buildings, echoing the U.S. Jan. 6 insurrection of 2021, analysts s...