Why EWZ Is Poised to Bounce Back
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% |
(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.
Owning exceptional ETFs is a surefire way to secure your financial future. Of course, despite a strong four-star rating, EWZ may not be your top choice.
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The article Why EWZ Is Poised to Bounce Back originally appeared on Fool.com.
Fool contributor Brian Pacampara owns no position in any of the ETFs mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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