EWZ ETF — iShares MSCI Brazil ETF

iShares MSCI Brazil ETF (EWZ)

EWZ is an ETF that tracks the MSCI Brazil 25/50 Index. its distribution rate is 1.76%, its trailing-12-month yield is 3.90%, its expense ratio is 0.59%. Dividend Vision Distribution Safety Score™ is 35/100 (Elevated risk). Total return is 428.0% over the past 26.2 years, 273.8 points behind SPY at 701.8%.

At the current 1.76% distribution rate, a $10,000 investment would generate approximately $176 per year, or about $88.00 per semi-annual payment if the next payment matches the last regular one.

iShares MSCI Brazil ETF tracks the MSCI Brazil 25/50 Index, a free float-adjusted market capitalization-weighted index of large- and mid-cap Brazilian equities. The fund distributes dividends semi-annually at a modest current distribution rate and carries an expense ratio of 0.59%. It appeals to investors seeking exposure to Brazilian equity markets with a straightforward index-tracking approach.

EWZ performance versus SPY

Price and return data through 2026-09-18.

Total return is 428.0% over the past 26.2 years, 273.8 points behind SPY at 701.8%. Over the past year its total return — price change plus distributions reinvested — is 27.2%. Its deepest 1-year drawdown was 19.3%.

EWZ key facts

Distribution Safety Score™

35 · Elevated risk

Safety-Adjusted Yield

0.62%

Issuer

iShares

Asset type

ETF

Asset class

Equity

Inception date

07/10/2000

Expense ratio

0.59%

Distribution rate

1.76%

Distribution frequency

Semi-Annual

Trailing yield

3.90%

Last close

$37.52 (as of 2026-09-18)

NAV

$37.46

Premium / discount

0.16% premium

AUM

$8,590,352,179

Market cap

$7,999,939,584

Average volume

19320400.0

Last dividend

$0.331

Last ex-dividend date

06/15/2026 (as of 2026-06-15)

Last payment date

06/18/2026 (as of 2026-06-18)

Beta

0.84

P/E ratio

10.9762

How Dividend Vision calculates yield and returns

Distribution rate (1.76%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.90%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iShares or company page; Index: MSCI Brazil 25/50 Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

EWZ risks and drawbacks

EWZ's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 19.3%.

Who may consider EWZ — and who may not

It is a weaker fit for investors who need monthly cash flow (EWZ pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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