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 Small-Cap ETF (EWZS)
- 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
10/24/2025: EWZS (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 -12.8% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.1 | 52 Weeks Range 9.02 - 13.28 | Updated Date 06/30/2025 |
52 Weeks Range 9.02 - 13.28 | Updated Date 06/30/2025 |
Upturn AI SWOT
iShares MSCI Brazil Small-Cap ETF
ETF Overview
Overview
The iShares MSCI Brazil Small-Cap ETF (EWZS) seeks to track the investment results of a broad-based index composed of small-capitalization Brazilian equities. It offers exposure to smaller companies in the Brazilian market, diversifying beyond the large-cap-dominated Bovespa index. The ETF primarily invests in stocks and aims to replicate the performance of the MSCI Brazil Small Cap Index.
Reputation and Reliability
iShares is a reputable and reliable ETF provider, known for its extensive range of funds and adherence to tracking benchmarks accurately.
Management Expertise
BlackRock, the issuer of iShares ETFs, has significant experience and expertise in managing index-tracking funds.
Investment Objective
Goal
To track the investment results of a broad-based index composed of small-capitalization Brazilian equities.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the performance of the MSCI Brazil Small Cap Index through a full replication strategy or representative sampling.
Composition The ETF holds stocks of small-cap companies domiciled in Brazil.
Market Position
Market Share: Data unavailable.
Total Net Assets (AUM): 55
Competitors
Key Competitors
- BRF (BRF)
- None
Competitive Landscape
EWZS provides focused exposure to the small-cap segment of the Brazilian equity market. It is the main ETF for investment in the Brazilian small-cap equity market, creating its dominance as the investment strategy is unique and not very commonly invested in.
Financial Performance
Historical Performance: Historical financial performance needs to be retrieved from financial data providers. Data unavailable.
Benchmark Comparison: The ETF's performance can be compared to the MSCI Brazil Small Cap Index.
Expense Ratio: 0.59
Liquidity
Average Trading Volume
The average trading volume can vary; check recent data for the most up-to-date figures.
Bid-Ask Spread
The bid-ask spread varies depending on market conditions and trading volume; check real-time quotes for current spreads.
Market Dynamics
Market Environment Factors
Economic growth in Brazil, commodity prices, currency fluctuations (BRL/USD), and political stability significantly impact EWZS.
Growth Trajectory
The ETF's growth depends on the performance of Brazilian small-cap companies and investor appetite for emerging market equities. Changes in holdings reflect the index reconstitution.
Moat and Competitive Advantages
Competitive Edge
EWZS offers targeted exposure to a specific segment (small-cap) of the Brazilian equity market, providing diversification beyond large-cap indices. Its competitive edge lies in its focus on smaller, potentially higher-growth companies that may not be well-represented in broader Brazil ETFs. This targeted approach appeals to investors seeking specific exposure to this market segment. The fund's expense ratio is reasonably competitive within the space.
Risk Analysis
Volatility
Volatility is tied to the Brazilian equity market and emerging market risks, which can be significant.
Market Risk
Specific risks include currency risk (BRL/USD), political instability in Brazil, and economic fluctuations affecting Brazilian small-cap companies.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the growth potential of Brazilian small-cap companies and who are comfortable with emerging market risks.
Market Risk
EWZS is suitable for long-term investors with a higher risk tolerance seeking diversification within their emerging markets portfolio.
Summary
The iShares MSCI Brazil Small-Cap ETF (EWZS) provides targeted exposure to the small-cap segment of the Brazilian equity market. It is best suited for investors with a higher risk tolerance seeking diversification in emerging markets. The ETF's performance is tied to the economic and political environment in Brazil, as well as the performance of its underlying holdings. Investors should carefully consider the risks associated with investing in emerging markets and small-cap companies before investing in EWZS.
Peer Comparison
Sources and Disclaimers
Data Sources:
- iShares website
- MSCI
- Financial data providers
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual circumstances and consultation with a financial advisor.
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 Small-Cap ETF
Exchange NASDAQ | 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 the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index is a free float-adjusted market capitalization-weighted index designed to measure primarily the performance of equity securities of small capitalization companies listed on stock exchanges in Brazil.
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.