iShares MSCI Brazil ETF
EWZ InternationalUpdated: May 20, 2026, 21:17 UTC
Key Metrics
Top 10 Holdings
| Holding | Ticker | Weight | Bar |
|---|---|---|---|
| Vale SA | VALE3.SA | 10.39% | |
| Nu Holdings Ltd Ordinary Shares Class A | NU | 8.74% | |
| Itau Unibanco Holding SA Participating Preferred | ITUB4 | 8.43% | |
| Petroleo Brasileiro SA Petrobras Participating Preferred | PETR4 | 7.84% | |
| Petroleo Brasileiro SA Petrobras | PETR3.SA | 7.23% | |
| B3 SA - Brasil Bolsa Balcao | B3SA3.SA | 3.6% | |
| Bank Bradesco SA Participating Preferred | BBDC4 | 3.35% | |
| Companhia De Saneamento Basico Do Estado De Sao Paulo | SBSP3.SA | 3.12% | |
| Axia Energia | AXIA3.SA | 2.87% | |
| Weg SA | WEGE3.SA | 2.85% |
Sector Allocation
About This ETF
The iShares MSCI Brazil ETF (EWZ) is a International ETF with an expense ratio (TER) of 0.59% and $11.6B in assets under management., with its largest holdings being Vale SA, Nu Holdings Ltd Ordinary Shares Class A, Itau Unibanco Holding SA Participating Preferred. The ETF currently yields 4.16% in dividends. Year-to-date, EWZ has returned +14.13%.
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.
FAQ — EWZ
What is the TER of EWZ (iShares MSCI Brazil ETF)?
EWZ has a Total Expense Ratio (TER) of 0.59 % per year. That sits above the international category median (0.32 % across 13 peer ETFs). The TER is deducted directly from the fund and lowers your effective return.
What return has EWZ delivered?
Performance for EWZ: YTD: +14.13 % · 3-year p.a.: +13.23 % · 5-year p.a.: +7.35 %. Over 5 years, EWZ underperforms the international category median of +8.42 % by -1.07 pp. Past performance is no guarantee of future returns.
What are the top holdings of EWZ?
The five largest positions in EWZ are: VALE3.SA, NU, ITUB4, PETR4, PETR3.SA. The full holdings list is updated daily on this page.
Does EWZ pay dividends?
EWZ has a current dividend yield of 4.16 %. Distributing ETFs pay this out in cash; accumulating versions reinvest it inside the fund. Check the share class on your broker before buying.
Where can I buy or set up a savings plan for EWZ?
EWZ is available at most major brokers. For a free monthly savings plan from €1, look at Trade Republic, Scalable Capital or Flatex. The broker comparison on this site shows fees, free-savings-plan ETFs and execution exchanges side by side.
Where can I buy EWZ?
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