EWZS vs. BTEK

Last updated Aug 4, 2026

EWZS (iShares MSCI Brazil Small-Cap ETF) and BTEK (Future Tech ETF) are both exchange-traded funds - EWZS is a Latin America Equities fund tracking the MSCI Brazil Small Cap Index, while BTEK is a Technology Equities fund actively managed by BlackRock. EWZS is passively managed, while BTEK is actively managed. EWZS charges 0.59%/yr vs 0.88%/yr for BTEK.

Performance

EWZS vs. BTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Brazil Small-Cap ETF (EWZS) and Future Tech ETF (BTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EWZS

• 1D: 0.01%
• 1M: 1.79%
• 6M: -10.93%
• YTD: 3.23%
• 1Y: 15.13%
• 3Y*: -0.97%
• 5Y*: -2.36%
• 10Y*: 4.41%
• ALL TIME*: -1.14%

BTEK

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EWZS iShares MSCI Brazil Small-Cap ETF	$995.84K	$1.72M	$5.21M

EWZS vs. BTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EWZS iShares MSCI Brazil Small-Cap ETF	3.23%	45.18%	-27.08%
BTEK Future Tech ETF	0.00%	0.00%	0.00%

EWZS vs. BTEK - Sectors Allocation Comparison

Sectors	EWZS	BTEK
Real Estate	14.7%	-
Utilities	13.8%	-
Consumer Cyclical	11.3%	4.4%
Basic Materials	11.2%	-
Consumer Defensive	9.8%	-
Industrials	9.6%	7.4%
Financial Services	8.5%	-
Healthcare	5.9%	-
Technology	5.7%	79.0%
Energy	5.3%	-
Communication Services	-	9.2%

Return for Risk

EWZS vs. BTEK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EWZS

EWZS Risk / Return Rank: 23
EWZS Sharpe Ratio Rank: 22
EWZS Sortino Ratio Rank: 24
EWZS Omega Ratio Rank: 23
EWZS Calmar Ratio Rank: 24
EWZS Martin Ratio Rank: 22

BTEK

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EWZS vs. BTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil Small-Cap ETF (EWZS) and Future Tech ETF (BTEK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EWZS	BTEK	Difference
Sharpe ratio: Return per unit of total volatility	0.49	—	—
Sortino ratio: Return per unit of downside risk	0.89	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.71	—	—
Martin ratio: Return relative to average drawdown	1.56	—	—

Drawdowns

Drawdown Indicators

	EWZS	BTEK	Difference
Max Drawdown Largest peak-to-trough decline	-79.23%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-21.53%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-37.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-42.60%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-63.15%	—	—
Current Drawdown Current decline from peak	-32.12%	—	—
Average Drawdown Average peak-to-trough decline	-36.52%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	9.74%	—	—

Volatility

Volatility by Period

	EWZS	BTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.90%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.01%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.69%	—	—

EWZS vs. BTEK - Expense Ratio Comparison

EWZS has a 0.59% expense ratio, which is lower than BTEK's 0.88% expense ratio.

Dividends

EWZS vs. BTEK - Dividend Comparison

EWZS's dividend yield for the trailing twelve months is around 3.87%, while BTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTEK Future Tech ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EWZS iShares MSCI Brazil Small-Cap ETF	3.87%	3.88%	4.93%	2.75%	4.61%	4.51%	1.15%	1.77%	4.35%	3.41%	3.62%	4.35%

Frequently Asked Questions

Which ETF is better, EWZS or BTEK?

On fees, EWZS is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EWZS or BTEK?

EWZS is cheaper with a 0.59% expense ratio, compared with 0.88% for BTEK.

Which ETF pays a higher dividend yield, EWZS or BTEK?

EWZS has the higher dividend yield at 3.87%, compared with 0.00% for BTEK.

What is the main difference between EWZS and BTEK?

EWZS is categorized as Latin America Equities, while BTEK is Technology Equities. They also come from different issuers: iShares and BlackRock. Their fees differ too: 0.59% for EWZS and 0.88% for BTEK.