Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
iShares MSCI Brazil ETF (EWZ)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
07/29/2025: EWZ (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -5.6% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/29/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.97 | 52 Weeks Range 21.85 - 29.22 | Updated Date 06/30/2025 |
52 Weeks Range 21.85 - 29.22 | Updated Date 06/30/2025 |
Upturn AI SWOT
iShares MSCI Brazil ETF
ETF Overview
Overview
The iShares MSCI Brazil ETF (EWZ) seeks to track the investment results of a broad-based index composed of Brazilian equities. It offers exposure to large and mid-sized companies in Brazil, providing investors with a way to participate in the growth potential of the Brazilian economy. The fund generally invests at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index.
Reputation and Reliability
iShares, managed by BlackRock, is a reputable and reliable issuer with a long track record in the ETF market.
Management Expertise
BlackRock has extensive experience and expertise in managing ETFs, with a large team of professionals dedicated to portfolio management and research.
Investment Objective
Goal
To track the investment results of a broad-based index composed of Brazilian equities.
Investment Approach and Strategy
Strategy: The fund employs a replication strategy, aiming to hold all the securities in the MSCI Brazil Index in proportion to their weighting in the index.
Composition The ETF primarily holds stocks of Brazilian companies. It may also hold cash and derivatives.
Market Position
Market Share: The iShares MSCI Brazil ETF (EWZ) holds a significant market share among Brazil-focused ETFs.
Total Net Assets (AUM): 6877554980
Competitors
Key Competitors
- Franklin FTSE Brazil ETF (FLBR)
- Xtrackers MSCI Brazil Hedged Equity ETF (DBBZ)
Competitive Landscape
The Brazilian ETF market is dominated by a few key players. EWZ's advantage lies in its high liquidity and established brand recognition, while competitors like FLBR offer lower expense ratios or specific hedging strategies. DBBZ offers a currency hedged approach which is favorable when the USD is expected to appreciate against the BRL.
Financial Performance
Historical Performance: Historical performance data is not available in this format.
Benchmark Comparison: The ETF's performance should closely track the MSCI Brazil Index.
Expense Ratio: 0.57
Liquidity
Average Trading Volume
The iShares MSCI Brazil ETF exhibits high liquidity with a substantial average daily trading volume, which fluctuates with market conditions.
Bid-Ask Spread
The bid-ask spread is typically narrow, reflecting the fund's high liquidity.
Market Dynamics
Market Environment Factors
Brazilian economic growth, political stability, commodity prices, and global market sentiment are key factors affecting EWZ.
Growth Trajectory
Growth trends depend on the overall performance of the Brazilian equity market; shifts in holdings mirror changes in the underlying index's composition.
Moat and Competitive Advantages
Competitive Edge
EWZ's competitive edge stems from its substantial AUM and associated high liquidity, which facilitates ease of trading for large institutional investors. Its well-established brand and first-mover advantage also contribute to its dominant market position. Furthermore, EWZu2019s replication strategy, closely mirroring the MSCI Brazil Index, provides a transparent and predictable investment outcome. This transparency and liquidity, coupled with BlackRock's reputation, solidify its position among Brazil-focused ETFs.
Risk Analysis
Volatility
EWZ's volatility is inherently tied to the volatility of the Brazilian stock market, which can be influenced by economic and political events.
Market Risk
Key risks include currency risk (BRL/USD exchange rate), political instability in Brazil, and fluctuations in commodity prices.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the Brazilian equity market, who understand the inherent risks of emerging markets, and who desire diversification in their international holdings are ideal.
Market Risk
EWZ is suitable for both long-term investors seeking growth and active traders looking to capitalize on short-term market movements.
Summary
The iShares MSCI Brazil ETF (EWZ) offers a liquid and efficient way to access the Brazilian equity market. Its performance closely tracks the MSCI Brazil Index, making it a transparent investment option. While subject to emerging market risks, EWZ's liquidity and established brand make it a popular choice for investors. Its expense ratio is higher than some competitors, but the liquidity benefits often outweigh this cost. Investors should carefully consider their risk tolerance and investment objectives before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- iShares official website
- ETFdb.com
- Morningstar
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and after consultation with a qualified financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares MSCI Brazil ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is a free float-adjusted market capitalization-weighted index designed to measure the performance of the large- and mid- capitalization segments of the equity market in Brazil. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.