![]() Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. To learn more about this ETF and get analysis on hundreds of other ETFs as well as thousands of stocks and mutual funds, sign up for AAII today! Your membership comes with access to our proprietary A+ Investor data suite, a market-beating model portfolio and other investment discovery tools to help you outperform the market. Letter grades of A, B, C, D and F are based upon these relative rankings. iShares MSCI Brazil ETF has an above average category risk of 1.04, giving it a category risk grade of D. The category risk index relates the volatility of an ETF to the average volatility for ETFs in the same investment category. iShares MSCI Brazil ETF has a high total risk index of 2.03 because of its standard deviation of 32.4%. Ratios above 1.00 indicate higher risk than average. It can help you understand the volatility of an ETF across all categories. The total risk index relates the volatility of the ETF to the volatility of all ETFs. For example, portfolio concentration or exposure to foreign investments can impact the volatility and should be examined to gain an understanding of the ETF. It notes the recent volatility of the ETF but does not explain the elements impacting the volatility. Standard deviation measures the degree of variation in return experienced relative to the average return for an ETF. Otherwise, for more information about iShares MSCI Brazil ETF, including its riskiness, submit your email to unlock the rest of the article.Ī basic investment concept is that risk should be rewarded. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.įor more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. Recently, in the month of March 2023, iShares MSCI Brazil ETF returned 0.2%, which earned it a grade of D, as the Latin America Stock category had an average return of 0.7%. By way of comparison, the average portfolio turnover is 46% for the Latin America Stock category. iShares MSCI Brazil ETF has a portfolio turnover rate of 27%, which indicates that it holds its assets around 0.0 years. High portfolio turnover can translate to higher expenses and lower aftertax returns. It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns. The fund normally distributes its dividend income semi-annually and its capital gains annually. IShares MSCI Brazil ETF has a trailing dividend yield of 12.9%, which is above the 9.5% category average. iShares MSCI Brazil ETF has 0.9% of the portfolio in cash. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). The overall assets allocated to domestic stock is 0.0% There is 99.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. iShares MSCI Brazil ETF has 99.1% of its portfolio invested in foreign issues. IShares MSCI Brazil ETF is part of the Equity global asset class and is within the International Equity ETF group. ![]() ![]() The ETF is not considered to have an ESG focus with its investment selection and management. The ETF meets the SEC requirement of being classified as a nondiversified fund. The top 10 holdings constitute 59.6% of the ETF’s assets. ![]() iShares MSCI Brazil ETF has 54 securities in its portfolio. The ETF has 1 primary benchmark: MSCI Brazil 25-50 NR USD index with a weighting of 100%. Management tenure is more important for actively managed ETFs than passive index ETFs. There are 3 members of the management team with an average tenure of 8.91 years: Greg Savage (2008), Jennifer Hsui (2012) and Paul Whitehead (2022). The index is a free float-adjusted market capitalization-weighted index designed to measure the performance of the large- and mid- capitalization segments of the equity market in Brazil. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The investment seeks to track the investment results of the MSCI Brazil 25/50 Index. IShares MSCI Brazil ETF (EWZ) is a passively managed International Equity Latin America Stock exchange-traded fund (ETF). ![]()
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