SCZ
iShares MSCI EAFE Small-Cap ETF
📎 Investment Objective
The iShares MSCI EAFE Small-Cap ETF (SCZ) seeks to track the investment results of an index composed of small-capitalization developed market equities, excluding the U.S. and Canada.
Overview
ETF tracking iShares MSCI EAFE Small-Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI EAFE Small-Cap ETF (SCZ) seeks to track the investment results of an index composed of small-capitalization developed market equities, excluding the U.S. and Canada.
🎯 Investment Strategy
The ETF employs a passively managed, index-based approach, investing in a representative sample of securities included in the MSCI EAFE Small Cap Index. It aims to provide exposure to small-cap stocks in developed international markets.
✨ Key Features
- Provides exposure to small-cap stocks in developed international markets outside the U.S. and Canada
- Tracks the MSCI EAFE Small Cap Index, a widely followed benchmark for international small-cap equities
- Diversified portfolio across multiple countries and sectors
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to international markets, which may be subject to greater volatility and political, economic, and currency risks
- Focus on small-cap stocks, which tend to be more volatile and less liquid than large-cap stocks
- Potential for higher trading costs and lower liquidity compared to large-cap stocks
- Tracking error risk, as the fund may not perfectly replicate the performance of the underlying index
👤 Best For
The iShares MSCI EAFE Small-Cap ETF may be suitable for investors seeking broad exposure to small-cap stocks in developed international markets as part of a diversified portfolio. It may be appropriate for investors with a long-term investment horizon and a higher risk tolerance.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | 6361 | EBARA CORP | 0.41% | Industrials |
| 2 | JPY | JPY CASH | 0.39% | Cash and/or Derivatives |
| 3 | TSEM | TOWER SEMICONDUCTOR LTD | 0.35% | Information Technology |
| 4 | BG | BAWAG GROUP AG | 0.33% | Financials |
| 5 | 4062 | IBIDEN LTD | 0.32% | Information Technology |
| 6 | DPLM | DIPLOMA PLC | 0.30% | Industrials |
| 7 | WEIR | WEIR GROUP PLC | 0.29% | Industrials |
| 8 | STJ | ST JAMESS PLACE PLC | 0.28% | Financials |
| 9 | 9501 | TOKYO ELECTRIC POWER HOLDINGS INC | 0.28% | Utilities |
| 10 | EDV | ENDEAVOUR MINING | 0.26% | Materials |
| 11 | IMI | IMI PLC | 0.25% | Industrials |
| 12 | 1803 | SHIMIZU CORP | 0.25% | Industrials |
| 13 | PSPN | PSP SWISS PROPERTY AG | 0.25% | Real Estate |
| 14 | LYC | LYNAS RARE EARTHS LTD | 0.24% | Materials |
| 15 | GTT | GAZTRANSPORT & TECHNIGAZ SA | 0.23% | Energy |