iShares MSCI Brazil Small-Cap ETF (EWZS) is a Latin America regional ETF. As of October 9, 2026, ETF Copilot scores EWZS 2.7 out of 10 — highest on Quality (5.6), lowest on Growth (0.3). It trades at 11.4 times earnings, against its own median of 9.9.
What stands out in EWZS's data
Brazilian small-cap stocks, from a broad MSCI index.
Trades around the same price as similar Latin American funds — no valuation edge, but the domestic focus brings a different growth story.
Trailing P/E multiple of 11.4x sits near the 11.2x peer median. Its 3Y Sharpe of 0.3 shows a modest risk-adjusted return, and a 15% annualized return over three years trails the typical peer.
A satellite sleeve for portfolios seeking direct exposure to Brazil's domestic economy.
Why did EWZS move this week? It rose 24.5% in the week to October 9, 2026 — Totvs and Lojas Renner drove it
EWZS rose 24.5% in the week to October 9, 2026. The holdings that moved it most were Totvs (+24.5%), Lojas Renner (+33.6%) and Sendas Distribuidora (+24.2%).
How is EWZS rated? ETF Copilot scores iShares MSCI Brazil Small-Cap ETF (EWZS) 2.7 out of 10
As of October 9, 2026, ETF Copilot scores iShares MSCI Brazil Small-Cap ETF (EWZS) 2.7 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 2.7 / 10
- Growth: 0.3 / 10
- Value: 5.1 / 10
- Risk: 1.1 / 10
- Quality: 5.6 / 10
- Return: 2.7 / 10
Is EWZS expensive right now? It trades at 11.4 times earnings, against its own median of 9.9
As of October 9, 2026, EWZS is more expensive than 68% of its own last 9 years.
Trailing 12 months, built from EWZS's holdings. How we calculate this →
What is EWZS's expense ratio? 0.59% a year
As of October 9, 2026, EWZS charges 0.59% a year, yields 3.03% and holds $326M in assets.
| Measure | EWZS |
|---|---|
| Expense ratio | 0.59% |
| Dividend yield | 3.03% |
| Assets under management | $326M |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “iShares MSCI Brazil Small-Cap ETF (EWZS) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/ewzs
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