iShares MSCI Brazil ETF (EWZ) is a Latin America regional ETF. As of October 28, 2026, ETF Copilot scores EWZ 4.9 out of 10 — highest on Quality (9.1), lowest on Risk (1.6). It trades at 9.3 times earnings, against its own median of 10.8.
What stands out in EWZ's data
Brazilian equities, weighted by market size across sectors.
Earns more on its capital than its own recent history — profitability has climbed.
Return on equity of 24.3% sits above the category median of 20.9% and its own five-year median of 18.0%. Holdings 46.
A single-country position in an emerging-market allocation — higher expected growth for sharper country risk.
Why did EWZ move this week? It fell 20.9% in the week to October 28, 2026 — Itau Unibanco and Nu Holdings drove it
EWZ fell 20.9% in the week to October 28, 2026. The holdings that moved it most were Itau Unibanco (−23.3%), Nu Holdings (−20.5%) and B3 SA - Brasil Bolsa Balcao (−41.1%); Suzano (+6.4%) pushed the other way.
How is EWZ rated? ETF Copilot scores iShares MSCI Brazil ETF (EWZ) 4.9 out of 10
As of October 28, 2026, ETF Copilot scores iShares MSCI Brazil ETF (EWZ) 4.9 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.9 / 10
- Growth: 3.9 / 10
- Value: 8.7 / 10
- Risk: 1.6 / 10
- Quality: 9.1 / 10
- Return: 2.9 / 10
Is EWZ expensive right now? It trades at 9.3 times earnings, against its own median of 10.8
As of October 28, 2026, EWZ is cheaper than 69% of its own last 9 years.
Trailing 12 months, built from EWZ's holdings. How we calculate this →
What are EWZ's top holdings?
Nu Holdings, Petroleo Brasileiro, Vale, Itau Unibanco, Petroleo Brasileiro SA Petrobras, Banco Bradesco, B3 SA - Brasil Bolsa Balcao, Axia Energia, WEG and Ambev are EWZ's largest holdings, in that order.
What is EWZ's expense ratio? 0.59% a year
As of October 28, 2026, EWZ charges 0.59% a year, yields 4.36% and holds $10.6B in assets.
| Measure | EWZ |
|---|---|
| Expense ratio | 0.59% |
| Dividend yield | 4.36% |
| Assets under management | $10.6B |
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 ETF (EWZ) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/ewz
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