EWZ Brazil ETF (EWZ)

EWZ Brazil ETF — analysis

Holding $9.2B in AUM at a 8 bps expense ratio, EWZ sits in the brazil bucket on the ValueMarkers ETF coverage list. The fund tracks Index Benchmark and dates back to 2000.

Inside the ETF, the underlying companies' fundamentals stack to a VMCI-Composite of 64/100 on EWZ. The composite is built from the top-10 holdings, weighted by index allocation. The read is above-average composite quality, which is the right anchor when comparing EWZ to peer funds in the brazil category.

On a five-year compound basis, EWZ returned 17.5% per year. Against the 18.0% benchmark print, that's a -0.5-pp below-index annualized result, before tax.

EWZ pays a trailing-twelve-month dividend yield of 2.00%. Distribution growth has compounded at 0.5% per year over the past five years, which sets the carry profile for income-oriented allocators inside the brazil category.

Inside EWZ: top-10 weight 31%, top position AAPL at 3.60%, top sector Technology at 33%. The concentration profile shapes how much of the fund's return is driven by a small set of names.

EWZ's comparable set: SPY, VOO, VTI. Each is a brazil ETF; the relative-value question is whether the 8 bps expense ratio, the 17.5% 5y CAGR, and the 2.00% yield clear the bar against the peer trio.