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ETFs

iShares MSCI Brazil ETF

EWZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 10 2000
Expense Ratio
0.58%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$648,336,120
AUM
$5,187,881,428
Associated Index
MSCI Brazil 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

VALE3
Vale S.A.
13.34%
PETR4
Petroleo Brasileiro S.A. Petrobras - PRF PERPETUAL BRL 26.30 - Cls B
8.81%
PETR3
Petroleo Brasileiro S.A. Petrobras
7.49%
ITUB4
Itau Unibanco Holding S.A. - PRF PERPETUAL BRL
7.10%
BBDC4
Banco Bradesco S.A. - PRF PERPETUAL BRL
4.02%
B3SA3
B3 S.A. - Brasil Bolsa Balcao
3.88%
WEGE3
Weg S.A.
3.37%
ABEV3
Ambev S.A.
3.29%
RENT3
Localiza Rent A Car
3.10%
SUZB3
Suzano S.A.
2.48%
Invest with EWZ

What is EWZ?

The iShares MSCI Brazil ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Brazilian market as measured by the MSCI Brazil 25/50 Index.

ETFs related toEWZ

ETFs correlated to EWZ include BRZU, ILF, EWZS

EWZ
BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil ETF
BRZU
Direxion Shares ETF Trust - Direxion Daily MSCI Brazil Bull 2X Shares
ILF
BlackRock Institutional Trust Company N.A. - iShares Latin America 40 ETF
EWZS
BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil Small-Cap ETF
DVYE
BlackRock Institutional Trust Company N.A. - iShares Emerging Markets Dividend ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF
ARGT
Global X Funds - Global X MSCI Argentina ETF
STXE
EA Series Trust - Strive Emerging Markets Ex-China ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEWZ

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EWZ using Composer

FAQ

EWZ is a Global Ex. US Equities ETF. The iShares MSCI Brazil ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the Brazilian market as measured by the MSCI Brazil 25/50 Index.

EWZ tracks the MSCI Brazil 25/50 Index.

No, EWZ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EWZ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EWZ is -0.0184%. This is the percent change in the value of EWZ over the most recent 1-month period. The 3-month return on EWZ is -0.05%. This is the percent change in the value of EWZ over the most recent 3-month period.

The standard deviation of EWZ for the past year is 0.3326%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EWZ include BZQ, UBR, and EWW.

ETFs correlated to EWZ include BRZU, ILF, and EWZS.

ETFs that are inversely correlated to EWZ include EDZ, ERY, and OILD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.