iShares MSCI Brazil Small-Cap ETF (EWZS)

NASDAQ: EWZS · Real-Time Price · USD
12.11
+0.01 (0.08%)
At close: Jul 25, 2025, 4:00 PM
12.11
0.00 (0.00%)
After-hours: Jul 25, 2025, 4:15 PM EDT
0.08%
Assets$167.37M
Expense Ratio0.60%
PE Ratio10.58
Shares Out14.60M
Dividend (ttm)$0.37
Dividend Yield3.07%
Ex-Dividend DateJun 16, 2025
Payout FrequencySemi-Annual
Payout Ratio32.13%
Volume374,375
Open12.12
Previous Close12.10
Day's Range12.04 - 12.15
52-Week Low9.11
52-Week High13.39
Beta1.00
Holdings81
Inception DateSep 29, 2010

About EWZS

Fund Home Page

The iShares MSCI Brazil Small-Cap ETF (EWZS) is an exchange-traded fund that is based on the MSCI Brazil Small Cap index, a market-cap-weighted index of Brazilian small-cap firms. EWZS was launched on Sep 29, 2010 and is issued by BlackRock.

Asset Class Equity
Category Latin America Stock
Region Latin America
Stock Exchange NASDAQ
Ticker Symbol EWZS
ETF Provider BlackRock
Index Tracked MSCI Brazil Small Cap

Top 10 Holdings

37.27% of assets
NameSymbolWeight
Lojas Renner S.A.LREN35.85%
StoneCo Ltd.STNE5.59%
BRL CASHBRL4.89%
Sendas Distribuidora S.A.ASAI34.10%
Hapvida Participações e Investimentos S.A.HAPV33.25%
Inter & Co, Inc.INTR2.87%
PagSeguro Digital Ltd.PAGS2.83%
Multiplan Empreendimentos Imobiliários S.A.MULT32.69%
Smartfit Escola de Ginástica e Dança S.A.SMFT32.63%
Allos S.A.ALOS32.56%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Jun 16, 2025$0.12893Jun 20, 2025
Dec 17, 2024$0.24266Dec 20, 2024
Jun 11, 2024$0.21373Jun 17, 2024
Dec 20, 2023$0.24509Dec 27, 2023
Jun 7, 2023$0.16916Jun 13, 2023
Dec 13, 2022$0.321Dec 19, 2022
Full Dividend History

Performance

EWZS had a total return of 4.97% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.06%.

News

Disruptive Theme of the Week: Emerging Markets Fintech

Financial technology (fintech), broadly speaking, allows the remote delivery of financial services to businesses and individuals through computers or mobile devices. Fintech encompasses everything fro...

10 days ago - ETF Trends

50% Tariff On Brazilian Products: This Is What You Should Do With Your Brazilian Assets

I recommend holding assets tracking major Brazilian indices despite new US tariffs, given heightened uncertainty and market volatility. Trump's 50% tariff on all Brazilian products will significantly ...

Other symbols: BRFBRZUBZQEWZFBZFLBR
14 days ago - Seeking Alpha

EWZS: Brazilian Small Caps Poised For A Breakout

After years of volatility and underperformance, Brazilian small caps (via EWZS) are staging a strong rebound fueled by shifting global capital flows. Unlike commodity-heavy large caps, many small caps...

16 days ago - Seeking Alpha

EWZS: Brazilian Small Caps Safest Emerging Market Play

Brazilian small-cap stocks have suffered recently and face further risks amid new trade war tensions, but they are very undervalued. Brazil's economic growth is expected to fall below 3% due to higher...

3 months ago - Seeking Alpha

EWZS: Turnaround Is Possible But I'd Prefer To Wait

EWZS's poor performance is attributable to the depreciation of the Brazilian Real. The US-China trade war can boost Brazil's exports to China and help the BRL stabilize. Further interest rate hikes ar...

8 months ago - Seeking Alpha

EWZS: A Unique Small-Cap Way To Play Brazil

Investing in Brazil has been challenging due to US tech stock dominance, but long-term potential exists. Consider investing in small-cap Brazilian stocks like EWZS to capture domestic growth and econo...

1 year ago - Seeking Alpha

Country Small-Cap ETFs

India small-caps only recently took the lead on the US, with a big jump higher over the last 18 months or so. Small-caps in other countries have been poor options for US investors relative to owning s...

Other symbols: ECNSEWUSIEUSIWMSCJSMIN
1 year ago - Seeking Alpha

EWZS: Ignore The Noise And Focus On Valuation

The Brazilian stock market and real are the worst performers globally in 2024. Despite poor performance, Brazil has controlled inflation, an independent central bank, and investment opportunities. Wit...

1 year ago - Seeking Alpha

EWZS: High Risk, High Reward

EWZS provides exposure to Brazilian small-cap stocks, offering diversification across various segments with differing risk profiles. The current valuation of EWZS suggests it is undervalued, presentin...

1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

EWZS: Mixed Macro Signals Add To Volatility For Brazil Small Caps

The iShares MSCI Brazil Small-Cap ETF offers exposure to a diverse group of Brazilian companies well-positioned for long-term growth. Weakness from China as Brazil's major trading partner is hitting s...

1 year ago - Seeking Alpha

9 Small-Cap ETFs to Buy Now

Small-cap ETFs are long-term outperformers – and should be on every investors' radar.

1 year ago - Kiplinger

EWZS: Brazil's Long-Term Interest Rates Sound The Alarm (Rating Downgrade)

Brazilian small-cap stocks are impacted by long-term interest rates, and the expectation of slower rate cuts has tempered optimism in the second half of 2023. Rising inflation and fiscal uncertainties...

1 year ago - Seeking Alpha

EWZS: Brazilian Small-Caps Warrant Consideration With Cautionary Exposure

The iShares MSCI Brazil Small-Cap ETF offers exposure to small-capitalization Brazilian equities, buying weighted ADRs to replicate the index results. However, exchange rate variations can affect the ...

2 years ago - Seeking Alpha

Uneven Impact Of High Interest Rates: Brazil Manufacturing Struggles While Service Thrives

The Brazilian economy avoided entering a technical recession in the opening quarter of 2023, with a growth rate of 1.9% largely beating market expectations. PMI data up to May so far point to sustaine...

Other symbols: BRFBRZUBZQEWZFBZFLBR
2 years ago - Seeking Alpha

EWZS: Look For A Buying Opportunity Later In 2023

Emerging Markets, in general, and Brazil, in particular, are trading at extremely low P/E multiples in the context of the last two decades. Brazilian stocks are cheap for many reasons; but this may no...

2 years ago - Seeking Alpha

Brazil's Inflation Falls And There May Be Room For Easing Monetary Policy This Year

Annual inflation in Brazil reached 4.7% in March, the lowest since January 2021, as the impact of external shocks continues to vanish. Brazil's inflationary environment remains under pressure.

Other symbols: BRFBRZUBZQEWZFBZFLBR
2 years ago - Seeking Alpha

EWZS: Reasonable Exposure To Small-Cap Consumer Stocks And Other Themes

This is an intriguing small-cap ETF that is slightly overweight consumer stocks. Brazil's discount to emerging markets is attractive.

2 years ago - Seeking Alpha

Brazil Beckons With Low Valuations And Growth Potential

In the fog of domestic political and fiscal uncertainty, investors may still find Brazil equities poised to benefit from structural growth trends within their industries. We believe the tide is turnin...

Other symbols: BRFBRZUBZQEWZFBZFLBR
2 years ago - Seeking Alpha

Investment Opportunities In Latin America

The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource compa...

2 years ago - Seeking Alpha

VanEck Vectors Brazil Small-Cap ETF: Ideal Conditions

EMs could look to make up for a lost decade, and Brazil has the right profile to flourish. Political risks and fiscal profligacy are risks to be monitored.

2 years ago - Seeking Alpha

EWZS: Just Small Enough To Fall Under The Populist Radar

iShares MSCI Brazil Small-Cap ETF tracks an index of Brazilian small-cap stocks. Brazil has had a tumultuous year, both politically and economically.

2 years ago - Seeking Alpha

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...

Other symbols: EWZBRF
2 years ago - Market Watch

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...

Other symbols: EWZ
2 years ago - Reuters