EWZ
iShares MSCI Brazil ETF
📎 Investment Objective
The iShares MSCI Brazil ETF (EWZ) seeks to track the investment results of an index composed of Brazilian equities, providing investors exposure to the Brazilian stock market.
Overview
ETF tracking iShares MSCI Brazil ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI Brazil ETF (EWZ) seeks to track the investment results of an index composed of Brazilian equities, providing investors exposure to the Brazilian stock market.
🎯 Investment Strategy
The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the MSCI Brazil 25/50 Index. It invests in a representative sample of the index's constituent securities.
✨ Key Features
- Provides broad exposure to the Brazilian equity market
- Tracks the MSCI Brazil 25/50 Index, a free float-adjusted market capitalization-weighted index
- Diversified across major Brazilian sectors such as financials, materials, and energy
- Suitable for investors seeking exposure to the Brazilian economy and stock market
⚠️ Primary Risks
- Concentration risk as the fund is focused on a single country
- Currency risk as the fund's returns are affected by the Brazilian real's performance
- Political and economic instability risks inherent to investing in emerging markets
- Liquidity risk due to the relatively smaller size of the Brazilian stock market
👤 Best For
The iShares MSCI Brazil ETF may be suitable for investors seeking exposure to the Brazilian equity market as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance and a long-term investment horizon who are comfortable with the risks associated with investing in an emerging market.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | NU | NU HOLDINGS LTD CLASS A | 11.30% | Financials |
| 2 | VALE3 | CIA VALE DO RIO DOCE SH | 9.52% | Materials |
| 3 | ITUB4 | ITAU UNIBANCO HOLDING PREF SA | 8.68% | Financials |
| 4 | PETR4 | PETROLEO BRASILEIRO PREF SA | 5.88% | Energy |
| 5 | PETR3 | PETROLEO BRASILEIRO SA PETROBRAS | 5.19% | Energy |
| 6 | BBDC4 | BANCO BRADESCO PREF SA | 3.95% | Financials |
| 7 | B3SA3 | B3 BRASIL BOLSA BALCAO SA | 3.31% | Financials |
| 8 | AXIA3 | CENTRAIS ELETR BRAS-ELETROBRAS SA | 3.28% | Utilities |
| 9 | WEGE3 | WEG SA | 3.26% | Industrials |
| 10 | SBSP3 | COMPANHIA DE SANEAMENTO BASICO DE | 2.96% | Utilities |
| 11 | ABEV3 | AMBEV SA | 2.82% | Consumer Staples |
| 12 | BPAC11 | BCO BTG PACTUAL UNT SA | 2.81% | Financials |
| 13 | EMBJ3 | EMBRAER SA | 2.58% | Industrials |
| 14 | ITSA4 | ITAUSA INVESTIMENTOS ITAU PREF SA | 2.48% | Financials |
| 15 | EQTL3 | EQUATORIAL SA | 2.08% | Utilities |