iShares MSCI Brazil Small-Cap ETF (EWZS)
iShares MSCI Brazil Small-Cap ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $12.11, down 0.41% on the session, giving a market capitalisation of $133.2M. Its beta of 1.28 implies it has historically moved more than the broad market.
EWZS is essentially a bet on the sectors that dominate the Brazillian small-cap market. That being said, it still invests in a variety of different sectors, giving it a broader classification. The index is rebalanced quarterly and uses market capitalization to select and weigh its constituents. The fund uses a representative sampling strategy, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. Overall, EWZS is a viable choice for investors who want neutral exposure to the Brazilian small-cap market.
iShares MSCI Brazil Small-Cap ETF is most often compared with the following Financial Services names: