iShares MSCI South Africa ETF

iShares MSCI South Africa ETF

About

iShares MSCI South Africa ETF (US4642867802) is a US-listed equity ETF tracking the MSCI South Africa 25/50 Index. With a expense ratio of 0.59%, its costs are on the higher end for an ETF, paying distributions. The fund holds 34 positions across 1 region with 644M in assets, with heavy concentration — 100% in South Africa, 37% in Financials.

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%) 7.6 Assets Under Management

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

Ticker EZA
ISIN
Fund Size $644.4M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Feb 2003
Base Currency USD
Index MSCI South Africa 25/50 Index
Asset Class Equities

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 +42.26%
3 Years +30.14%
5 Years +10.23%
10 Years +8.47%
YTD +1.15%
Since Inception +9.55%

Holdings

This fund invests into 34 individual investments.
#1
Anglogold Ashanti Plc
10.85%
#2
Naspers Ltd
10.45%
#3
Gold Fields Ltd
7.94%
#4
FirstRand Ltd
7.87%
#5
Standard Bank Group Ltd
6.93%
#6
MTN Group Ltd
5.14%
#7
Capitec Bank Holdings Ltd
5.11%
#8
Valterra Platinum Ltd
4.02%
#9
Absa Group Ltd
3.90%
#10
Discovery Ltd
2.96%
View all holdings (34)
# Holding Ticker Weight
1 Anglogold Ashanti Plc ANG 1085.20%
2 Naspers Ltd NPN 1045.39%
3 Gold Fields Ltd GFI 793.63%
4 FirstRand Ltd FSR 787.03%
5 Standard Bank Group Ltd SBK 692.74%
6 MTN Group Ltd MTN 513.61%
7 Capitec Bank Holdings Ltd CPI 510.76%
8 Valterra Platinum Ltd VAL 401.74%
9 Absa Group Ltd ABG 389.81%
10 Discovery Ltd DSY 296.20%
11 Impala Platinum Holdings Ltd IMP 295.77%
12 Sanlam Ltd SLM 295.52%
13 Harmony Gold Mining Co Ltd HAR 272.12%
14 Bid Corp Ltd BID 271.54%
15 Shoprite Holdings Ltd SHP 268.40%
16 Nedbank Group Ltd NED 237.42%
17 Sasol Ltd SOL 206.83%
18 Sibanye Stillwater Ltd SSW 196.44%
19 Remgro Ltd REM 192.26%
20 Vodacom Group Ltd VOD 179.52%
21 NEPI Rockcastle NV NRP 173.99%
22 Northam Platinum Holdings Ltd NPH 168.60%
23 Bidvest Group Ltd BVT 162.01%
24 Pepkor Holdings Ltd PPH 157.62%
25 OUTsurance Group Ltd OUT 140.49%
26 Reinet Investments SCA RNI 133.61%
27 ZAR CASH ZAR 131.86%
28 Clicks Group Ltd CLS 115.91%
29 BLK CSH FND TREASURY SL AGENCY XTSLA 101.28%
30 ZAR/USD ZAR 1.95%
31 CASH COLLATERAL ZAR HBCFT HBCFT 1.16%
32 FTSE/JSE TOP 40 SEP 26 AIU6 0.00%
33 EUR CASH EUR 0.00%
34 USD CASH USD -220.41%

Sectors

Allocation by industry sector.
 
Sector Weight
Financials 3676.00%
Materials 3420.00%
Consumer Discretionary 1203.00%
Communication Services 693.00%
Consumer Staples 656.00%
Real Estate 174.00%
Industrials 162.00%
Unknown 16.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
South Africa 9984.00%
UNKNOWN 16.00%
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