iShares MSCI South Africa ETF
Price
R71.56
YTD
+6.90%
Expense
0.59%
Yield
4.20%
Best Africa ETFs 2026
Top ETFs for investing in African markets. Access South Africa, Nigeria and frontier African economies.
🏆 Winner — #1 pick
iShares Frontier and Select EM ETF
Price
$27.19
YTD
+6.50%
Expense
0.79%
Yield
3.85%
Frequently asked questions
What is the iShares MSCI South Africa ETF (EZA)?
EZA provides access to South African equities. South Africa is the most developed economy on the African continent. It has a yield of 4.2% and a YTD return of 6.9%.
Who manages EZA?
EZA is managed by BlackRock.
What sectors dominate the EZA ETF?
EZA is primarily composed of financials, mining, consumer goods, and energy sectors.
What is the expense ratio of EZA?
EZA has an expense ratio of 0.59%.
What is the price of EZA?
EZA is priced at $68.01 per share.
Which ETF provides access to frontier markets?
iShares Frontier and Select EM ETF (FM) provides exposure to frontier market equities including Vietnam, Nigeria, Romania, Kazakhstan, and other emerging economies. It has a yield of 3.85% and a YTD return of 6.5%.
Who manages FM?
FM is managed by BlackRock.
What is the expense ratio of FM?
FM has an expense ratio of 0.79%.
What is the price of FM?
FM is priced at $27.19 per share.
What is the AUM of FM?
FM has assets under management (AUM) of $420 million.
Which ETF offers higher yield, EZA or FM?
EZA offers a higher dividend yield at 4.2% compared to FM’s 3.85%.
Which ETF is better for diversified emerging/frontier exposure?
FM provides broader exposure to multiple frontier markets, while EZA focuses solely on South Africa.
Are Africa and frontier market ETFs suitable for long-term investing?
Yes, but they carry high country-specific and political risk, commodity exposure, and currency fluctuations.
Can US investors buy these ETFs?
Yes, both EZA and FM trade on US exchanges and can be purchased via standard brokerage accounts.
Which sectors are most prominent in frontier market ETFs?
Frontier ETFs typically include financials, industrials, consumer goods, energy, and materials depending on the country exposure.
How volatile are Africa & frontier market ETFs?
These ETFs are considered high to very high volatility due to political, economic, and currency risks in frontier markets.
What is the typical expense ratio for Africa & frontier ETFs?
Expense ratios range from 0.59% (EZA) to 0.79% (FM).
What is the difference between EZA and FM?
EZA is country-specific to South Africa with higher yield and moderate volatility, while FM provides diversified exposure across frontier markets with very high volatility.
Which ETF is better for income-focused investors?
EZA is better for income-focused investors due to its higher dividend yield of 4.2%.
How do I compare Africa & frontier ETFs before investing?
Compare YTD returns, dividend yields, expense ratios, sector and country exposure, volatility, and risk tolerance to make informed investment decisions.