iShares MSCI Brazil Small-Cap ETF (EWZS)

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The chart shows the growth of an initial investment of $10,000 in iShares MSCI Brazil Small-Cap ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

iShares MSCI Brazil Small-Cap ETF (EWZS) has returned 14.54% so far this year and 42.81% over the past 12 months. Over the last ten years, EWZS has returned 9.34% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Sep 29, 2010, EWZS's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, your investment would double in approximately 12.6 years.

Historically, 50% of months were positive and 50% were negative. The best month was Mar 2016 with a return of +27.1%, while the worst month was Mar 2020 at -46.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 7 months.

On a daily basis, EWZS closed higher 51% of trading days. The best single day was Mar 25, 2020 with a return of +10.7%, while the worst single day was Mar 18, 2020 at -22.4%.

iShares MSCI Brazil Small-Cap ETF has an annualized alpha of -7.60%, beta of 1.04, and R² of 0.28 versus S&P 500 Index. Calculated based on daily prices since September 30, 2010.

• This ETF participated in 150.59% of S&P 500 Index downside but only 91.66% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.28 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

EWZS has an expense ratio of 0.59%, placing it in the medium range.

EWZS ranks 72 for risk / return — better than 72% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for iShares MSCI Brazil Small-Cap ETF (EWZS) and compare them to a chosen benchmark (S&P 500 Index).

iShares MSCI Brazil Small-Cap ETF provided a 3.38% dividend yield over the last twelve months, with an annual payout of $0.50 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for iShares MSCI Brazil Small-Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the iShares MSCI Brazil Small-Cap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares MSCI Brazil Small-Cap ETF was 79.23%, occurring on Jan 21, 2016. The portfolio has not yet recovered.

The current iShares MSCI Brazil Small-Cap ETF drawdown is 24.68%.

The chart below shows the rolling one-month volatility.