iShares MSCI Brazil Small-Cap ETF (EWZS)
| Assets | $307.66M |
| Expense Ratio | 0.59% |
| PE Ratio | 8.09 |
| Forward PE | 7.67 |
| Shares Out | 28.25M |
| Dividend | $0.51 (4.72%) |
| Ex-Dividend Date | Jun 15, 2026 |
| Payout Frequency | n/a |
| Payout Ratio | 38.07% |
| Volume | 4,689,621 |
| Open | 11.04 |
| Previous Close | 11.15 |
| Day's Range | 10.72 - 11.05 |
| 52-Week Low | 10.15 |
| 52-Week High | 17.15 |
| Beta | 0.88 |
| Holdings | 78 |
| Inception Date | Sep 29, 2010 |
About EWZS
Fund Home PageThe 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.
Top 10 Holdings
39.89% of assets| Name | Symbol | Weight |
|---|---|---|
| TOTVS S.A. | TOTS3 | 6.44% |
| Companhia de Saneamento de Minas Gerais | CSMG3 | 4.64% |
| Sendas Distribuidora S.A. | ASAI3 | 4.41% |
| Allos S.A. | ALOS3 | 3.86% |
| BRL CASH | BRL | 3.71% |
| Lojas Renner S.A. | LREN3 | 3.61% |
| Metalurgica Gerdau S.A. | GOAU4 | 3.40% |
| Multiplan Empreendimentos Imobiliários S.A. | MULT3 | 3.39% |
| Smartfit Escola de Ginástica e Dança S.A. | SMFT3 | 3.38% |
| ISA Energía Brasil S.A. | ISAE4 | 3.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 15, 2026 | $0.13847 | Jun 18, 2026 |
| Dec 30, 2025 | $0.08987 | Jan 5, 2026 |
| Dec 16, 2025 | $0.28242 | Dec 19, 2025 |
| Jun 16, 2025 | $0.12893 | Jun 20, 2025 |
| Dec 17, 2024 | $0.24266 | Dec 20, 2024 |
| Jun 11, 2024 | $0.21373 | Jun 17, 2024 |
Performance
EWZS had a total return of -17.99% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.32%.
News
A Top Brazilian Fund Manager Says Despite the Selloff the Country Could Still Be ‘Best Positioned for the 21st Century'
“This is a very powerful position—if you use the correct macroeconomic frame.”
After Brazil's Market Rout, Bargain Hunters Step In
The smart money is buying the dip in Brazil after the surprise election of President Luiz Inácio Lula da Silva.
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...
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.
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'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...
U.S. Reignites Brazil Trade Battle With 25% Tariffs
Brazil's president called the levies “a lamentable milestone” in the relationship between the two most populated countries in the Americas.
U.S. slaps 25% tariff on most Brazilian goods over 'unfair trade practices'
The U.S. plans to impose a 25% tariff on most imports from Brazil starting next week. A separate U.S. probe into forced-labor enforcement has also proposed an additional 12.5% duty on Brazilian goods ...
U.S. to Impose 25% Tariff on Certain Goods From Brazil
The move follows a yearlong investigation by U.S. trade officials into what they described as unfair trade practices.
Trump Administration to Impose New Tariffs on Brazil
The United States accused the country of unfair trade practices. The tariff will replace ones that the Supreme Court struck down.
Brazil moves to meet EU antimicrobial rules, seeks to avoid export ban
Brazil's Agriculture Ministry has adjusted export controls for meat and derivatives to meet European Union antimicrobial usage requirements, aiming to prevent a suspension of shipments to the bloc s...
Brazil Senate committee backs central bank autonomy despite Lula resistance
A Brazilian Senate committee on Wednesday advanced a bill to grant the central bank financial autonomy, boosting its independence in a move opposed by President Luiz Inacio Lula da Silva's administra...
Trump administration proposes 25% tariff on Brazilian goods over unfair trade practices
U.S Trade Representative Jamieson Greer said that the investigation under Section 301 was launched at the direction of U.S. President Donald Trump.
Brazil plans $10 bln Eco Invest auction, eyes foreign investors
Brazil expects to raise 50 billion reais ($9.92 billion) in what will be the most ambitious auction yet under its Eco Invest program, focused on developing advanced sustainable technologies in strate...
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'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.
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%.