iShares MSCI Brazil ETF

Frequently Asked Questions About EWZ

What does EWZ invest in?

iShares, Inc. - iShares MSCI Brazil ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of Brazil. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the MSCI Brazil 25/50 Index, by using representative sampling technique. iShares, Inc. - iShares MSCI Brazil ETF was formed on July 10, 2000 and is domiciled in the United States.

What is the expense ratio of EWZ?

iShares MSCI Brazil ETF (EWZ) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EWZ?

iShares MSCI Brazil ETF (EWZ) manages $9.27B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EWZ actively managed or an index fund?

EWZ is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (EWZ's is 0.59%) because there's no security selection cost.

When was EWZ launched?

iShares MSCI Brazil ETF (EWZ) launched in July 2000 and is managed by IShares.

How has EWZ performed?

EWZ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.