About the ETF

EZA was created on 2003-02-03 by iShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 328.46m in AUM and 32 holdings. EZA tracks the performance of a market-cap-weighted index of South African stocks. It captures 85% of the publicly available market, excluding all small-caps.

EZA offers investors exposure to the emerging market of South Africa by investing in securities of companies that are based in the nation. Since many of the large caps in this fund are likely to not be found in other EM funds, EZA could make for an interesting satellite holding but is probably not appropriate as a core holding in a diversified portfolio. For investors seeking greater exposure to the South African market, EZA is one of the only ‘pure play’ option available.