Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the iShares MSCI Brazil Index Fund (NYSE: EWZ) has earned a coveted five-star ranking.
With that in mind, let's take a closer look at EWZ, and see what CAPS investors are saying about the ETF right now.
EWZ facts
|
|
Inception |
July 2000 |
Total Assets |
$5.8 billion |
Investment Approach |
Seeks investment results that correspond to the price and yield performance of the MSCI Brazil 25/50 Index. A capping methodology is applied that limits the weight of any single component to a maximum of 25% of the MSCI Brazil 25/50 Index. |
Expense Ratio |
0.6% |
Dividend Yield |
3.1% |
1-Year / 3-Year / 5-Year Returns |
(17.2%) / (9.7%) / (9.3%) |
Alternatives |
Market Vectors Brazil Small-Cap SPDR S&P Emerging Latin America |
On CAPS, 98% of the 2,074 members who have rated EWZ believe the ETF will outperform the S&P 500 going forward.
Just last month, one of those bulls, fellow Fool Matthew Argersinger (TMFMattyA), tapped EWZ as a particularly attractive bargain opportunity:
Emerging markets have sharply underperformed over the last two years, and Brazil is no exception. The Brazilian stock market is down something like 21% YTD. Here's betting on a turnaround and that the World Cup (2014) and Olympics (2016) will play a major role in reviving Brazil's economy.