UBL Pakistan Enterprise ETF
Price
Rs39.88
YTD
+18.50%
Expense
1.50%
Yield
2.43%
EWZ
EWZ NYSE
iShares MSCI Brazil ETF · by BlackRock
Price
R$38.14
YTD return
+5.65%
1Y return
8.50%
Expense ratio
0.58%
Dividend yield
5.25%
AUM
$5.5B
iShares MSCI Brazil ETF provides exposure to Brazilian equities, heavily weighted toward commodity producers, banks, and energy companies.
What is EWZ?
The iShares MSCI Brazil ETF (EWZ) is the most popular US-listed Brazil fund, providing exposure to Latin America's largest economy. Brazil's market is dominated by commodity companies (Vale, Petrobras) and major banks (Itaú, Bradesco).
Sector Allocation
- Financials: 28.5%
- Materials: 18.2%
- Energy: 15.8%
- Consumer Staples: 8.5%
- Industrials: 7.2%
- Utilities: 6.5%
- Consumer Discretionary: 5.8%
- Communication Services: 4.2%
- Healthcare: 2.8%
- Technology: 1.5%
- Real Estate: 1.0%
Brazil Market Risks
Brazil's market is volatile due to currency risk (BRL), political instability, commodity price dependence, and high interest rates. However, it offers high dividend yields and exposure to growing emerging market consumption.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Vale S.A. | VALE | Materials | 12.80% | $15.73 4.03% |
| 2 | Petrobras | PBR | Energy | 10.50% | $20.86 2.61% |
| 3 | Itau Unibanco | ITUB | Financials | 8.50% | $8.08 5.21% |
| 4 | Banco Bradesco | BBD | Financials | 5.20% | $3.45 3.92% |
| 5 | B3 S.A. | B3SA3 | Financials | 4.50% | 17.26 3.85% |
| 6 | WEG | WEGZY | Industrials | 3.80% | $10.07 2.65% |
| 7 | Ambev | ABEV | Consumer Staples | 3.50% | $2.99 3.46% |
| 8 | Banco do Brasil | BDORY | Financials | 3.20% | $4.43 5.48% |
| 9 | Suzano | SUZ | Materials | 2.80% | $9.14 3.16% |
| 10 | Eletrobras | EBR | Utilities | 2.50% | — |
Frequently asked questions
Is EWZ volatile?
Yes, EWZ is one of the most volatile country ETFs due to currency fluctuations, commodity prices, and Brazilian political dynamics.
What is the dividend yield of EWZ?
EWZ typically yields 5-8%, one of the highest among country ETFs, driven by generous dividend policies of Brazilian banks and commodity companies.
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Community
EWZ discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
What is the fair value of EWZ in 2026?
EWZ price prediction 2026: what actually drives it?
Does EWZ pay a dividend, and how reliable is the yield?
Is EWZ a good long-term hold, or too concentrated?
Which Brazil stocks moved this week? (Aug 17, 2026)
Which Brazil stocks moved this week? (Aug 24, 2026)
Which Brazil stocks moved this week? (Aug 31, 2026)
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