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iShares MSCI South Africa ETF (EZA)

Focused Region | Exchange Traded Fund | NYSEArca
70.72 USD -0.84 (-1.174%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 70.72

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:★★★⯪☆
Hot Take | Aug. 22, 2026, 2:34 a.m. EDT

The long-term outlook remains constructive due to the asset's exceptional value proposition: a P/E of roughly 10x and a price-to-book of 1.6x on a fund that has delivered a +26.8% return last year and +19% the prior year. The multi-year trajectory shows resilience, avoiding the 'structural decline' penalty despite five negative years in the middle of the window, as the latest annual gain is robust. However, the short-term picture is clouded by extreme volatility and defensive positioning. The options market is screaming caution, with massive put open interest at strikes significantly below the current price, reflecting fears of emerging market contagion or rand weakness. While the statistical forecast model is neutral, the divergence between the strong fundamental recovery and the fearful options flow suggests the recent rally may be fragile. The high dividend yield provides a substantial floor, making this a compelling hold for income, but investors should expect continued choppy price action as the market digests geopolitical risks.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.038638
MSTL0.045148
AutoARIMA0.046390
AutoETS0.046531

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 42%
H-stat 61.09
Ljung-Box p 0.000
Jarque-Bera p 0.199
Excess Kurtosis -0.99
Attribute Value
Trailing P/E 10.13

As of Aug. 22, 2026, 2:34 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume and open interest concentrated deep in the money (strikes 50-65), suggesting a fear of a significant downside gap or currency crash. Conversely, call activity is sparse and skewed toward strikes far above the current price (110), indicating limited near-term bullish conviction despite the recent rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.12% 7.61% 5.65% 4.70%
Dividend History
Date Dividend Yield %
2026-06-15 1.4340 2.116605
2025-12-16 3.6110 5.496195
2025-06-16 0.6260 1.180241
2024-12-17 2.4150 5.333481
2024-06-11 0.6270 1.571035
2023-12-20 0.5060 1.247842
2023-06-07 0.6810 1.735916
2022-12-13 0.6570 1.527197
2022-06-09 0.9980 2.239677
2021-12-13 0.4580 1.033394
2021-06-10 0.4910 0.919820
2020-12-14 1.7710 4.166079
2020-06-15 0.6450 1.832907
2019-12-16 4.7050 9.976675
2019-06-17 1.3150 2.523992
2018-12-18 1.0670 2.159919
2018-06-19 0.8570 1.541090
2017-12-19 0.6170 0.936125
2017-06-20 0.4650 0.830209
2016-12-21 0.5500 1.084171
2016-06-22 1.5990 3.035307
2015-12-21 0.8430 1.778106
2015-06-25 0.5710 0.855431
2014-12-17 0.8030 1.305903
2014-06-25 0.6230 0.905523
2013-12-18 0.9210 1.493191
2013-06-27 0.6530 1.147829
2012-12-18 1.1250 1.626428
2012-06-21 1.0300 1.628201
2011-12-20 1.0660 1.769588
2011-06-22 0.8570 1.258628
2010-12-21 1.5490 2.153782
2010-06-23 0.2660 0.466585
2009-12-22 1.0870 2.006275
2009-06-23 0.9870 2.278393
2008-12-23 0.9210 2.603166
2008-06-25 1.4155 2.523398
2007-12-20 1.3090 2.099439
2006-12-20 1.2525 2.226271
2005-12-23 0.9825 1.991689
2004-12-23 0.6040 1.532995
2003-12-22 0.3410 1.283886
Additional Data
trailingAnnualDividendRate 2.42
trailingAnnualDividendYield 0.03381778
dividendYield 7.98

Info Dump

Attribute Value
All Time High 81.76
All Time Low 17.965
Ask 70.82
Ask Size 200
Average Daily Volume10 Day 104,310
Average Daily Volume3 Month 189,669
Average Volume 189,669
Average Volume10Days 104,310
Beta3 Year 1.09
Bid 70.7
Bid Size 300
Book Value 46.012
Category Focused Region
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 72.275
Day Low 70.32
Dividend Yield 7.98
Eps Trailing Twelve Months 6.9838486
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 65.4886
Fifty Day Average Change 5.2313995
Fifty Day Average Change Percent 0.0798826
Fifty Two Week Change Percent 23.528385
Fifty Two Week High 81.76
Fifty Two Week High Change -11.040001
Fifty Two Week High Change Percent -0.13502936
Fifty Two Week Low 56.28
Fifty Two Week Low Change 14.440002
Fifty Two Week Low Change Percent 0.25657433
Fifty Two Week Range 56.28 - 81.76
Financial Currency USD
First Trade Date Milliseconds 1,044,628,200,000
Five Year Average Return 0.1330222
Full Exchange Name NYSEArca
Fullday Change -0.839996
Fullday Change Percent -1.17384
Fullday Price 70.72
Fund Family iShares
Fund Inception Date 1,044,230,400
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 underlying index is designed to measure the performance of the large- and mid-capitalization segments of the equity market in South Africa. The underlying index uses a capping methodology that limits the weight of any single “group entity” to a maximum of 25% of the underlying index weight. The fund is non-diversified.
Long Name iShares MSCI South Africa ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_6457002
Nav Price 71.67649
Net Assets 537,316,350.0
Net Expense Ratio 0.59
Open 72.41
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 70.72
Post Market Time 1,787,959,805
Previous Close 71.56
Price Hint 2
Price To Book 1.5369903
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.839996
Regular Market Change Percent -1.17384
Regular Market Day High 72.275
Regular Market Day Low 70.32
Regular Market Day Range 70.32 - 72.275
Regular Market Open 72.41
Regular Market Previous Close 71.56
Regular Market Price 70.72
Regular Market Time 1,787,947,200
Regular Market Volume 171,074
Shares Outstanding 7,900,000
Short Name iShares MSCI South Africa Index
Source Interval 15
Symbol EZA
Three Year Average Return 0.28201482
Total Assets 537,316,352
Tradeable 0
Trailing Annual Dividend Rate 2.42
Trailing Annual Dividend Yield 0.03381778
Trailing P E 10.126222
Trailing Peg Ratio None
Trailing Three Month Nav Returns -5.26906
Trailing Three Month Returns -5.26906
Triggerable 1
Two Hundred Day Average 69.0235
Two Hundred Day Average Change 1.6965027
Two Hundred Day Average Change Percent 0.024578625
Type Disp ETF
Volume 171,074
Yield 0.0798
Ytd Return -5.72429