iShares MSCI Brazil Small-Cap ETF

iShares MSCI Brazil Small-Cap ETF

About

iShares MSCI Brazil Small-Cap ETF (US4642891315) is a US-listed equity ETF tracking the MSCI Brazil Small Cap Index (Net). With a expense ratio of 0.59%, its costs are on the higher end for an ETF, paying distributions. The fund holds 79 positions across 2 regions with 227M in assets, with heavy concentration — 90% in Brazil.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.4 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 1.4
Liquidity (25%) 6.5 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker EWZS
ISIN
Fund Size $226.9M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Sep 2010
Base Currency USD
Index MSCI Brazil Small Cap Index (Net)
Asset Class Equities
Category Factor Equity

Costs

7.4
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.59%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month —
3 Months —
6 Months —
1 Year +16.18%
3 Years +5.40%
5 Years -2.22%
10 Years +8.98%
YTD +7.90%
Since Inception -0.67%

Holdings

This fund invests into 79 individual investments.
#1
TOTVS SA
4.94%
#2
Lojas Renner SA
4.88%
#3
Cia de Saneamento de Minas Gerais Copasa MG
4.87%
#4
Allos SA
3.61%
#5
Sendas Distribuidora S/A
3.60%
#6
Multiplan Empreendimentos Imobiliarios SA
3.25%
#7
Metalurgica Gerdau SA
2.81%
#8
Smartfit Escola de Ginastica e Danca SA
2.60%
#9
Transmissora Alianca de Energia Eletrica S/A
2.56%
#10
INTER AND CO INC CLASS A
2.35%
View all holdings (50)
# Holding Ticker Weight
1 TOTVS SA TOTS3 494.05%
2 Lojas Renner SA LREN3 487.62%
3 Cia de Saneamento de Minas Gerais Copasa MG CSMG3 486.88%
4 Allos SA ALOS3 360.61%
5 Sendas Distribuidora S/A ASAI3 359.92%
6 Multiplan Empreendimentos Imobiliarios SA MULT3 324.88%
7 Metalurgica Gerdau SA GOAU4 280.55%
8 Smartfit Escola de Ginastica e Danca SA SMFT3 259.90%
9 Transmissora Alianca de Energia Eletrica S/A TAEE11 255.79%
10 INTER AND CO INC CLASS A INTR 235.01%
11 Pagseguro Digital Ltd PAGS 234.52%
12 Natura Cosmeticos SA NATU3 232.93%
13 Brava Energia BRAV3 229.99%
14 Hypera SA HYPE3 222.66%
15 Cosan SA CSAN3 216.54%
16 Cyrela Brazil Realty SA Empreendimentos e Participacoes CYRE3 203.97%
17 Bradespar SA BRAP4 201.12%
18 Cia De Sanena Do Parana SAPR11 198.37%
19 Iguatemi SA IGTI11 179.01%
20 Cury Construtora e Incorporadora SA CURY3 178.12%
21 Alupar Investimento SA ALUP11 177.31%
22 GPS Participacoes e Empreendimentos SA GGPS3 176.52%
23 Usinas Siderurgicas de Minas Gerais S/A Usiminas USIM5 161.50%
24 Direcional Engenharia SA DIRR3 159.82%
25 Marcopolo SA POMO4 153.88%
26 Sigma Lithium Corp SGML 149.31%
27 Cogna Educacao SA COGN3 134.32%
28 Fleury SA FLRY3 127.79%
29 PATRIA INVESTMENTS LTD CLASS A PAX 126.92%
30 Auren Energia SA AURE3 123.66%
31 BRADSAUDE SA SAUD3 120.76%
32 JHSF Participacoes SA JHSF3 113.80%
33 Cia Siderurgica Nacional SA CSNA3 109.11%
34 Unipar Carbocloro SA UNIP6 102.00%
35 IRB-Brasil Resseguros SA IRBR3 99.53%
36 Hapvida Participacoes e Investimentos S/A HAPV3 99.07%
37 CIA SANEAMENTO PREF SAPR4 98.05%
38 Banco do Estado do Rio Grande do Sul SA BRSR6 96.52%
39 SLC Agricola SA SLCE3 94.31%
40 Orizon Valorizacao de Residuos SA ORVR3 94.23%
41 Vivara Participacoes SA VIVA3 89.87%
42 EcoRodovias Infraestrutura e Logistica SA ECOR3 79.22%
43 Dexco SA DXCO3 77.31%
44 BRL CASH BRL 76.61%
45 Sao Martinho S/A SMTO3 76.40%
46 Azzas 2154 SA AZZA3 75.62%
47 C&A MODAS SA CEAB3 71.67%
48 Banco ABC Brasil SA ABCB4 68.32%
49 MRV Engenharia e Participacoes SA MRVE3 67.38%
50 Hidrovias do Brasil SA HBSA3 64.88%

Sectors

Allocation by industry sector.
 
Sector Weight
Consumer Discretionary 2280.00%
Utilities 1242.00%
Materials 1227.00%
Consumer Staples 978.00%
Real Estate 978.00%
Unknown 790.00%
Industrials 668.00%
Health Care 570.00%
Technology 538.00%
Financials 499.00%
Energy 230.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
Brazil 8975.00%
UNKNOWN 790.00%
United States 235.00%

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