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

Sources: Morningstar and Motley Fool CAPS.

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.