iShares MSCI Brazil ETF
Emerging-markets stock index ETF · tracks MSCI Brazil 25/50 Index
As of its 2026 Q2 report, iShares MSCI Brazil ETF held 50 positions with $10.17B in net assets. Its ten largest holdings made up 58.7% of the fund. The EWZ share class costs 0.59% a year. Over the 12 months to May 2026, EWZ returned 39.5%, with dividends reinvested. In 2026 Q2 it added 13 new positions and exited 12.
The iShares MSCI Brazil ETF (the Fund ) seeks to track the investment results of an index composed of Brazilian equities.
The fund tracks the MSCI Brazil 25/50 Index using representative sampling, holding a sample of Brazilian large- and mid-cap equities with investment characteristics similar to the index rather than all constituents. The index applies a capping methodology that limits any single corporate group to 25% weight and restricts groups above 5% to an aggregate 50% weight. Because the fund may not hold all index components, its returns may diverge from the index it seeks to track. The fund concentrates in financials to approximately the same extent as the underlying index.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
VALE S.A. | 11.50% | $1.17B | 71.3M | $16.42 |
NUNu Holdings Ltd. | 8.71% | $885.74M | 67.5M | $13.13 |
Itau Unibanco Holding S.A. | 8.48% | $862.52M | 108.7M | $7.94 |
Petroleo Brasileiro S.A. (Petrobras) | 7.28% | $741.06M | 89.0M | $8.33 |
Petroleo Brasileiro S.A. (Petrobras) | 6.70% | $681.27M | 73.5M | $9.26 |
B3 S.A - Brasil, Bolsa, Balcao | 3.57% | $363.46M | 111.1M | $3.27 |
Banco Bradesco S.A. | 3.33% | $338.97M | 96.6M | $3.51 |
AMBEV S.A. | 3.19% | $325.05M | 100.5M | $3.24 |
WEG S.A. | 3.05% | $309.89M | 35.4M | $8.74 |
Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP | 2.87% | $292.12M | 52.7M | $5.54 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
All 50 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 94.72% |
| Other | 4.20% |
| Cash & short-term | 0.06% |
| Derivatives | -0.06% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
How it has done
EWZ share class · total returns with dividends reinvested
Volatility over the last 12 months: 25.61%. Past returns are a record, not a forecast.
Fees & fund details
iShares MSCI Brazil ETF is an emerging-markets equity index ETF that tracks the MSCI Brazil 25/50 Index.
- Asset class
- Equity
- Region
- Emerging markets
- Management
- Index (passive)
- Fund type
- ETF
- Features
- Non-diversified
- Expense ratio, by class
- 0.59%· EWZ 0.59%
- Portfolio turnover
- 19.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
13 new· the largest 8
12 exited· the largest 8
Understand how this fund fits with the rest.
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