EWZS vs. BTEK

Last updated Jun 5, 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: 1.84%
• 1M: -8.72%
• YTD: 6.88%
• 6M: -2.61%
• 1Y: 11.26%
• 3Y*: 2.99%
• 5Y*: -3.81%
• 10Y*: 7.85%

BTEK

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

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

EWZS vs. BTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EWZS iShares MSCI Brazil Small-Cap ETF	6.88%	45.18%	-26.80%
BTEK Future Tech ETF	0.00%	0.00%	0.00%

EWZS vs. BTEK - Sectors Allocation Comparison

Sectors	EWZS	BTEK
Basic Materials	16.5%	-
Consumer Cyclical	15.5%	4.4%
Real Estate	13.4%	-
Utilities	12.1%	-
Consumer Defensive	10.9%	-
Financial Services	10.4%	-
Industrials	8.6%	7.4%
Energy	4.8%	-
Healthcare	4.8%	-
Technology	3.0%	79.0%
Communication Services	-	9.2%

Return for Risk

EWZS vs. BTEK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EWZS

EWZS Risk / Return Rank: 16
EWZS Sharpe Ratio Rank: 15
EWZS Sortino Ratio Rank: 16
EWZS Omega Ratio Rank: 16
EWZS Calmar Ratio Rank: 18
EWZS Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	EWZS	BTEK	Difference
Sharpe ratio: Return per unit of total volatility	0.37	—	—
Sortino ratio: Return per unit of downside risk	0.72	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.66	—	—
Martin ratio: Return relative to average drawdown	1.65	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EWZS	BTEK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.37	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.12	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	—	—

Drawdowns

Drawdown Indicators

	EWZS	BTEK	Difference
Max Drawdown Largest peak-to-trough decline	-79.23%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.05%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-37.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-48.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-63.15%	—	—
Current Drawdown Current decline from peak	-29.72%	—	—
Average Drawdown Average peak-to-trough decline	-36.56%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.85%	—	—

Volatility

Volatility by Period

	EWZS	BTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.56%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.39%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.11%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.79%	—	—

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 3.63%, 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	3.63%	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 3.63%, 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.