EWZ was created on 2000-07-10 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 3095.76m in AUM and 51 holdings. EWZ tracks a market-cap-weighted index of Brazilian firms covering the entire market-cap spectrum.
EWZ offers exposure to Brazilian equities, holding the largest and most liquid companies that are domiciled in the South American nation. For investors seeking investment in the nation, EWZ is one of many options and offers the broadest exposure to the country’s large cap segment. EWZ is a decent option for investors who want to load up on Brazil but there are many other options out there which could accomplish portfolio goals as well