iShares MSCI Brazil Small-Cap ETF

Frequently Asked Questions About EWZS

What does EWZS invest in?

EWZS is essentially a bet on the sectors that dominate the Brazillian small-cap market. That being said, it still invests in a variety of different sectors, giving it a broader classification. The index is rebalanced quarterly and uses market capitalization to select and weigh its constituents. The fund uses a representative sampling strategy, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. Overall, EWZS is a viable choice for investors who want neutral exposure to the Brazilian small-cap market.

What is the expense ratio of EWZS?

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

How big is EWZS?

iShares MSCI Brazil Small-Cap ETF (EWZS) manages $236.3M 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 EWZS actively managed or an index fund?

EWZS 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 (EWZS's is 0.59%) because there's no security selection cost.

When was EWZS launched?

iShares MSCI Brazil Small-Cap ETF (EWZS) launched in September 2010 and is managed by IShares.

How has EWZS performed?

EWZS'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.