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iShares MSCI Brazil ETF (EWZ)

Focused Region | Exchange Traded Fund | NYSEArca
35.55 USD -0.21 (-0.587%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 35.52 -0.03 (-0.030%) ⇩ (Aug. 28, 2026, 7:50 p.m. EDT)

Short-term:★★★☆☆Long-term:★⯪☆☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 5:55 a.m. EDT

The immediate outlook is bullish, driven by a classic 'bull flag' setup where options traders are betting big on a break above $36 while placing heavy insurance just below $33. The massive call open interest at $40 and $48 indicates a collective expectation of a strong recovery, likely fueled by anticipated rate cuts in Brazil. However, the long-term picture remains deeply concerning; the asset has endured four consecutive years of negative annual returns and is down nearly 15% over the last nine years. While the current valuation looks cheap relative to book value, the persistent multi-year decline signals that the market sees structural issues in the underlying Brazilian economy that haven't been resolved yet. The dividend yield provides a nice cushion, but it cannot fully offset the risk of another prolonged stagnation if the macro catalysts fail to materialize.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.017266
MSTL0.022292
AutoETS0.022668
AutoARIMA0.022668

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 53%
H-stat 1.23
Ljung-Box p 0.000
Jarque-Bera p 0.318
Excess Kurtosis -1.07
Attribute Value
Trailing P/E 11.19

As of Aug. 22, 2026, 5:55 a.m. EDT: Speculators are positioning for a significant upside move, evidenced by massive open interest walls at $40 and $48 strikes and heavy volume at $37-$40 calls. Conversely, put sellers are aggressively hedging downside risks below $32-$33, creating a dense floor of protection. This asymmetry suggests a 'bull flag' scenario where traders expect a breakout above the $36 resistance zone, while simultaneously insuring against a failed rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.96% 4.54% 5.93% 8.04%
Dividend History
Date Dividend Yield %
2026-06-15 0.331 0.955543
2025-12-30 0.106 0.331354
2025-12-16 1.027 3.250000
2025-06-16 0.515 1.819145
2024-12-17 1.092 4.550000
2024-06-11 0.914 3.281867
2023-12-20 1.221 3.614565
2023-06-07 0.756 2.453749
2022-12-13 2.022 7.630189
2022-06-09 1.499 4.761754
2021-12-30 0.161 0.575823
2021-12-13 1.984 6.985916
2021-06-10 0.626 1.530937
2020-12-14 0.276 0.761800
2020-06-15 0.357 1.208940
2019-12-30 0.097 0.205508
2019-12-16 0.577 1.266462
2019-06-17 0.531 1.273076
2018-12-18 0.574 1.524164
2018-06-19 0.531 1.622861
2017-12-28 0.050 0.124039
2017-12-19 0.365 0.941450
2017-06-20 0.277 0.843998
2016-12-21 0.395 1.261981
2016-06-22 0.208 0.744719
2015-12-21 0.233 1.123433
2015-06-25 0.611 1.874233
2014-12-17 0.418 1.193604
2014-06-25 0.963 1.998755
2013-12-18 0.588 1.315731
2013-06-27 0.853 1.925943
2012-12-27 0.129 0.232684
2012-12-18 0.382 0.702852
2012-06-21 1.058 2.066810
2011-12-20 0.421 0.731665
2011-06-22 1.084 1.532155
2010-12-29 0.198 0.260801
2010-12-21 2.333 3.159534
2010-06-23 0.275 0.412294
2009-12-29 0.111 0.149495
2009-12-22 2.197 3.048848
2009-06-23 0.415 0.818540
2008-12-29 0.207 0.633028
2008-12-23 1.321 4.028667
2008-06-25 0.633 0.692106
2007-12-24 1.202 1.458384
2006-12-27 0.071 0.152197
2006-12-20 0.869 1.917053
2005-12-23 0.583 1.739260
2004-12-23 0.461 2.130314
2003-12-31 0.014 0.082353
2003-12-22 0.256 1.543098
2003-12-16 0.028 0.178914
2002-12-23 0.110 1.358025
2001-08-24 0.638 5.485812
2000-12-20 0.005 0.031621
2000-08-24 0.364 1.890909
Additional Data
trailingAnnualDividendRate 0.902
trailingAnnualDividendYield 0.025223715
dividendYield 4.0

Info Dump

Attribute Value
All Time High 102.21
All Time Low 5.35
Ask 35.53
Ask Size 6,000
Average Daily Volume10 Day 21,956,760
Average Daily Volume3 Month 20,714,340
Average Volume 20,714,340
Average Volume10Days 21,956,760
Beta3 Year 0.9
Bid 35.44
Bid Size 28,500
Book Value 36.582
Category Focused Region
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 35.695
Day Low 35.0
Dividend Yield 4.0
Eps Trailing Twelve Months 3.178267
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 35.0738
Fifty Day Average Change 0.4762001
Fifty Day Average Change Percent 0.01357709
Fifty Two Week Change Percent 23.310339
Fifty Two Week High 42.02
Fifty Two Week High Change -6.470001
Fifty Two Week High Change Percent -0.15397432
Fifty Two Week Low 28.66
Fifty Two Week Low Change 6.8899994
Fifty Two Week Low Change Percent 0.24040473
Fifty Two Week Range 28.66 - 42.02
Financial Currency USD
First Trade Date Milliseconds 963,581,400,000
Five Year Average Return 0.0800139
Full Exchange Name NYSEArca
Fullday Change -0.209999
Fullday Change Percent -0.587246
Fullday Price 35.52
Fund Family iShares
Fund Inception Date 963,187,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is a free float-adjusted market capitalization-weighted index designed to measure the performance of the large- and mid- capitalization segments of the equity market in Brazil. The fund is non-diversified.
Long Name iShares MSCI Brazil ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_6456547
Nav Price 35.75034
Net Assets 9,266,132,000.0
Net Expense Ratio 0.59
Open 35.69
Post Market Change -0.02999878
Post Market Change Percent -0.084384754
Post Market Price 35.52
Post Market Time 1,787,961,011
Previous Close 35.76
Price Hint 2
Price To Book 0.97178936
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.209999
Regular Market Change Percent -0.587246
Regular Market Day High 35.695
Regular Market Day Low 35.0
Regular Market Day Range 35.0 - 35.695
Regular Market Open 35.69
Regular Market Previous Close 35.76
Regular Market Price 35.55
Regular Market Time 1,787,947,200
Regular Market Volume 25,820,689
Shares Outstanding 200,550,000
Short Name iShares MSCI Brazil ETF
Source Interval 15
Symbol EWZ
Three Year Average Return 0.1077174
Total Assets 9,266,131,968
Tradeable 0
Trailing Annual Dividend Rate 0.902
Trailing Annual Dividend Yield 0.025223715
Trailing P E 11.185341
Trailing Peg Ratio None
Trailing Three Month Nav Returns -6.78886
Trailing Three Month Returns -6.78886
Triggerable 1
Two Hundred Day Average 35.82565
Two Hundred Day Average Change -0.27565002
Two Hundred Day Average Change Percent -0.0076942085
Type Disp ETF
Volume 25,820,689
Yield 0.04
Ytd Return 16.12119