iShares MSCI South Africa ETF (EZA) belongs to the Emerging Markets Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EZA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EZA
EZA charges 0.59% annually. There are 39 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Emerging Markets Ex-China ETF | 0.07% | 216.60M | Sep 2025 | EZA vs VEXC | |
| Vanguard FTSE Emerging Markets ETF | 0.08% | 159.90B | Mar 2005 | EZA vs VWO | |
| Schwab Emerging Markets Equity ETF | 0.11% | 12.74B | Jan 2010 | EZA vs SCHE | |
| SPDR Portfolio Emerging Markets ETF | 0.11% | 17.83B | Mar 2007 | EZA vs SPEM | |
| Xtrackers Emerging Markets Carbon Reduction and Cl... | 0.15% | 58.19M | Dec 2018 | EZA vs EMCR |
Best Risk-Adjusted Alternatives to EZA
EZA has a PortfoliosLab risk / return rank of 30. There are 54 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pacific North of South Global Emerging Markets Equ... | 93 | 72.25M | Jan 2025 | EZA vs GEME | |
| Xtrackers MSCI Emerging Markets Hedged Equity ETF | 93 | 103.78M | Jun 2011 | EZA vs DBEM | |
| iShares MSCI Emerging Markets Value Factor ETF | 92 | — | Sep 2024 | EZA vs EVLU | |
| iShares MSCI Emerging Markets ex China ETF | 91 | 24.61B | Jul 2017 | EZA vs EMXC | |
| Hartford Multifactor Emerging Markets ETF | 91 | 119.41M | Feb 2015 | EZA vs ROAM |
Top Performing EZA Alternatives (YTD)
EZA is at -2.56% YTD. There are 62 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 41.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Emerging Markets ex China ETF | 41.72% | 24.61B | Jul 2017 | EZA vs EMXC | |
| Invesco S&P Emerging Markets Momentum ETF | 40.25% | 15.51M | Feb 2012 | EZA vs EEMO | |
| Invesco DWA Emerging Markets Momentum ETF | 39.11% | 237.62M | Dec 2007 | EZA vs PIE | |
| Pacific North of South Global Emerging Markets Equ... | 38.52% | 72.25M | Jan 2025 | EZA vs GEME | |
| Columbia EM Core ex-China ETF | 38.32% | 1.98B | Sep 2015 | EZA vs XCEM |
Lowest Volatility Alternatives to EZA
EZA has 31.03% 1-year volatility. There are 66 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 7.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Emerging Markets Buffer ETF - June | 7.55% | — | Jun 2025 | EZA vs TJUN | |
| FT Vest Emerging Markets Buffer ETF - December | 10.09% | 10.25M | Dec 2024 | EZA vs TDEC | |
| ProShares MSCI Emerging Markets Dividend Growers E... | 11.21% | 7.35M | Jan 2016 | EZA vs EMDV | |
| SPDR S&P Emerging Markets Dividend ETF | 12.19% | 1.25B | Feb 2011 | EZA vs EDIV | |
| J.P. Morgan Diversified Return Emerging Markets Eq... | 12.96% | 390.16M | Jan 2015 | EZA vs JPEM |
Lowest Drawdown Alternatives to EZA
EZA has a 1-year max drawdown of -23.31%. There are 61 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Emerging Markets Dividend ETF | -6.49% | 1.28B | Feb 2012 | EZA vs DVYE | |
| ProShares MSCI Emerging Markets Dividend Growers E... | -7.24% | 7.35M | Jan 2016 | EZA vs EMDV | |
| WisdomTree Emerging Markets Equity Income Fund | -7.89% | 3.78B | Jul 2007 | EZA vs DEM | |
| SPDR S&P Emerging Markets Small Cap ETF | -7.98% | 742.62M | May 2008 | EZA vs EWX | |
| FT Vest Emerging Markets Buffer ETF - December | -8.16% | 10.25M | Dec 2024 | EZA vs TDEC |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $855B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.51% | 91.90B | May 2020 | EZA vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -25.48% | 58.12B | Jan 2024 | EZA vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 70 | 10.85% | 854.92B | May 2000 | EZA vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 16 | -0.27% | 42.90B | Jul 2002 | EZA vs TLT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 97 | 104.57% | 38.37B | Jul 2001 | EZA vs SOXX | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 71 | 8.76% | 40.46B | Jun 2014 | EZA vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 47 | 2.78% | 36.82B | Apr 2006 | EZA vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 32 | 2.98% | 69.92B | Jan 2005 | EZA vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 62 | 17.07% | 80.93B | May 2000 | EZA vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 66 | 12.13% | 32.93B | Mar 2008 | EZA vs ACWI |
Often Compared With EZA
Investors most often compare EZA with AFK, KSA, SPY. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare EZA with Any Fund or Stock
Compare EZA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EZA with funds that move differently
iShares MSCI South Africa ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EZA.
Explore EZA Diversifiers