iShares MSCI Brazil Small-Cap ETF (EWZS) Holdings
EWZS holdings summary
as of Oct 25, 2026- Holdings
- 66 positions listed
- Top 10 weight
- 38.0% of net assets
- Effective holdings
- 41 equal-weight equivalent
- Largest holding
- TOTS3 5.98% TOTVS S.A
- Annual turnover
- 50.6% of the portfolio traded
All EWZS holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | TOTS3 | TOTVS S.A | Technology | 5.98% | $32.0M | — | — |
| 2 | ASAI3 | Sendas Distribuidora S.A. | Consumer Defensive | 4.77% | $25.5M | — | — |
| 3 | CSMG3 | Companhia de Saneamento de Minas Gerais | Utilities | 4.41% | $23.6M | — | — |
| 4 | LREN3 | Lojas Renner S.A. | Consumer Cyclical | 4.05% | $21.7M | — | — |
| 5 | ALOS3 | Allos S.A. | Real Estate | 3.83% | $20.5M | — | — |
| 6 | MULT3 | Multiplan Empreendimentos Imobiliários S.A | Real Estate | 3.37% | $18.1M | — | — |
| 7 | SMFT3 | Smartfit Escola de Ginástica e Dança S.A | Consumer Cyclical | 3.36% | $18.0M | — | — |
| 8 | STNE | StoneCo Ltd. | Technology | 3.07% | $16.4M | $2.60B | 4.4 |
| 9 | GOAU4 | Metalurgica Gerdau S.A | Basic Materials | 2.61% | $14.0M | — | — |
| 10 | CYRE3 | Cyrela Brazil Realty S.A. Empreendimentos e Participações | Consumer Cyclical | 2.55% | $13.7M | — | — |
| 11 | ISAE4 | ISA ENERGIA BRASIL | Utilities | 2.40% | $12.8M | — | — |
| 12 | CSAN3 | Cosan S.A | Energy | 2.34% | $12.5M | — | — |
| 13 | HYPE3 | Hypera S.A | Healthcare | 2.34% | $12.5M | — | — |
| 14 | INTR | Inter & Co, Inc. | Financial Services | 2.20% | $11.8M | $2.97B | 10.4 |
| 15 | TAEE11 | Transmissora Aliança de Energia Elétrica S.A | Utilities | 2.19% | $11.7M | — | — |
| 16 | PAGS | PagSeguro Digital Ltd. | Technology | 2.13% | $11.4M | $3.03B | 7.7 |
| 17 | FLRY3 | Fleury S.A. | Healthcare | 1.94% | $10.4M | — | — |
| 18 | GGPS3 | GPS Participações e Empreendimentos S.A | Industrials | 1.94% | $10.4M | — | — |
| 19 | NATU3 | Natura Cosmeticos S.A. | Consumer Defensive | 1.84% | $9.9M | — | — |
| 20 | IGTI11 | Jereissati Participações S.A. | Real Estate | 1.79% | $9.6M | — | — |
| 21 | ALUP11 | Alupar Investimento SA | Utilities | 1.70% | $9.1M | — | — |
| 22 | SAPR11 | Companhia de Saneamento do Paraná - SANEPAR | Utilities | 1.67% | $8.9M | — | — |
| 23 | BRAP4 | Bradespar S.A | Financial Services | 1.37% | $7.3M | — | — |
| 24 | COGN3 | Cogna Educação S.A | Consumer Defensive | 1.37% | $7.3M | — | — |
| 25 | MGLU3 | Magazine Luiza S.A | Consumer Cyclical | 1.32% | $7.1M | — | — |
| 26 | CURY3 | Cury Construtora e Incorporadora S.A | Real Estate | 1.29% | $6.9M | — | — |
| 27 | AURE3 | Auren Energia S.A. | Utilities | 1.28% | $6.9M | — | — |
| 28 | JHSF3 | JHSF Participações S.A. | Real Estate | 1.17% | $6.3M | — | — |
| 29 | ECOR3 | EcoRodovias Infraestrutura e Logística S.A | Industrials | 1.13% | $6.1M | — | — |
| 30 | DIRR3 | Direcional Engenharia S.A. | Real Estate | 1.07% | $5.7M | — | — |
| 31 | PAX | Patria Investments Limited | Financial Services | 1.05% | $5.6M | $1.92B | 27.2 |
| 32 | IRBR3 | IRB-Brasil Resseguros S.A. | Financial Services | 1.04% | $5.6M | — | — |
| 33 | PASS3 | Compass Gas e Energia SA | Utilities | 1.02% | $5.5M | — | — |
| 34 | BRAV3 | 3R Petroleum Oleo E Gas SA Ordinary Shares | Energy | 1.02% | $5.5M | — | — |
| 35 | BRSR6 | Banco do Estado do Rio Grande do Sul S.A | Financial Services | 1.00% | $5.4M | — | — |
| 36 | DXCO3 | Dexco S.A. | Basic Materials | 0.97% | $5.2M | — | — |
| 37 | SIMH3 | SIMPAR S.A | Industrials | 0.96% | $5.1M | — | — |
| 38 | CSNA3 | Companhia Siderúrgica Nacional | Basic Materials | 0.95% | $5.1M | — | — |
| 39 | SLCE3 | SLC Agrícola S.A | Consumer Defensive | 0.93% | $5.0M | — | — |
| 40 | POMO4 | Marcopolo S.A | Industrials | 0.93% | $5.0M | — | — |
| 41 | USIM5 | Usinas Siderúrgicas de Minas Gerais S.A. | Basic Materials | 0.90% | $4.8M | — | — |
| 42 | VIVA3 | Vivara Participações S.A | Consumer Cyclical | 0.90% | $4.8M | — | — |
| 43 | SAPR4 | Companhia de Saneamento do Paraná - SANEPAR | Utilities | 0.88% | $4.7M | — | — |
| 44 | VAMO3 | Vamos Locação de Caminhões Máquinas e Equipamentos S.A | Industrials | 0.88% | $4.7M | — | — |
| 45 | ORVR3 | Orizon Valorização de Resíduos S.A | Industrials | 0.86% | $4.6M | — | — |
| 46 | AZZA3 | Azzas 2154 S.A. | Consumer Cyclical | 0.83% | $4.5M | — | — |
| 47 | SMTO3 | São Martinho S.A | Basic Materials | 0.79% | $4.2M | — | — |
| 48 | UNIP6 | Unipar Carbocloro S.A | Basic Materials | 0.77% | $4.1M | — | — |
| 49 | MOVI3 | Movida Participações S.A | Industrials | 0.71% | $3.8M | — | — |
| 50 | FRAS3 | Fras-le S.A | Consumer Cyclical | 0.69% | $3.7M | — | — |
| 51 | HAPV3 | Hapvida Participações e Investimentos S.A. | Financial Services | 0.68% | $3.7M | — | — |
| 52 | GMAT3 | Grupo Mateus S.A | Consumer Cyclical | 0.66% | $3.5M | — | — |
| 53 | ABCB4 | Banco ABC Brasil S.A | Financial Services | 0.64% | $3.4M | — | — |
| 54 | SGML | Sigma Lithium Corporation | Basic Materials | 0.62% | $3.3M | $960.2M | — |
| 55 | ALPA4 | Alpargatas S.A. | Consumer Cyclical | 0.58% | $3.1M | — | — |
| 56 | LEVE3 | MAHLE Metal Leve S.A | Consumer Cyclical | 0.55% | $3.0M | — | — |
| 57 | BEEF3 | Minerva S.A | Consumer Defensive | 0.55% | $2.9M | — | — |
| 58 | HBSA3 | Hidrovias do Brasil S.A | Industrials | 0.53% | $2.9M | — | — |
| 59 | VULC3 | Vulcabras Azaleia S.A | Consumer Cyclical | 0.52% | $2.8M | — | — |
| 60 | INTB3 | Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira | Industrials | 0.50% | $2.7M | — | — |
| 61 | CBAV3 | Cia Brasileira de Aluminio | Basic Materials | 0.50% | $2.7M | — | — |
| 62 | RECV3 | Petroreconcavo S.A | Energy | 0.42% | $2.3M | — | — |
| 63 | VINP | Vinci Partners Investments Ltd. | Financial Services | 0.41% | $2.2M | $717.6M | 9.3 |
| 64 | TTEN3 | Tres Tentos Agroindustrial SA | Basic Materials | 0.40% | $2.2M | — | — |
| 65 | MDIA3 | M. Dias Branco S.A. Indústria e Comércio de Alimentos | Consumer Defensive | 0.37% | $2.0M | — | — |
| 66 | BRKM5 | Braskem S.A | Basic Materials | 0.20% | $1.1M | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($535.9M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
EWZS sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Consumer Cyclical | 16.0% | 11 | LREN3, SMFT3, CYRE3 |
| Utilities | 15.5% | 8 | CSMG3, ISAE4, TAEE11 |
| Real Estate | 12.5% | 6 | ALOS3, MULT3, IGTI11 |
| Technology | 11.2% | 3 | TOTS3, STNE, PAGS |
| Consumer Defensive | 9.8% | 6 | ASAI3, NATU3, COGN3 |
| Basic Materials | 8.7% | 10 | GOAU4, DXCO3, CSNA3 |
| Industrials | 8.4% | 9 | GGPS3, ECOR3, SIMH3 |
| Financial Services | 8.4% | 8 | INTR, BRAP4, PAX |
| Healthcare | 4.3% | 2 | HYPE3, FLRY3 |
| Energy | 3.8% | 3 | CSAN3, BRAV3, RECV3 |
Sum of the weights of the holdings in each sector.
EWZS top industries
EWZS overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| IWM | iShares Russell 2000 ETF | 0.2% | 3 of 1,962 | 0.19% |
| VXUS | Vanguard Total International Stock ETF | 0.1% | 45 of 8,035 | 0.05% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 0 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the EWZS portfolio
iShares MSCI Brazil Small-Cap ETF holds 66 positions. The ten largest make up 38.0% of the fund and the top 50 90.5%, so it behaves like a portfolio of about 41 equally weighted positions. The biggest positions are TOTVS S.A (5.98%), Sendas Distribuidora S.A. (4.77%), Companhia de Saneamento de Minas Gerais (4.41%), Lojas Renner S.A. (4.05%), Allos S.A. (3.83%).
By sector, Consumer Cyclical is 16.0%, Utilities is 15.5%, Real Estate is 12.5%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: EWZS chart, EWZS performance, EWZS dividends, EWZS overview.
EWZS holdings FAQ
How many holdings does EWZS have?
EWZS holds 66 positions as of October 25, 2026.
What are the top 10 holdings of EWZS?
The ten largest holdings are TOTVS S.A (5.98%), Sendas Distribuidora S.A. (4.77%), Companhia de Saneamento de Minas Gerais (4.41%), Lojas Renner S.A. (4.05%), Allos S.A. (3.83%), Multiplan Empreendimentos Imobiliários S.A (3.37%), Smartfit Escola de Ginástica e Dança S.A (3.36%), StoneCo Ltd. (3.07%), Metalurgica Gerdau S.A (2.61%), Cyrela Brazil Realty S.A. Empreendimentos e Participações (2.55%). Together they are 38.0% of the fund.
What percentage of EWZS is TOTVS S.A?
TOTVS S.A is the largest holding at 5.98% of net assets, about $32.0M of the fund's $535.9M.
Which sector is the largest in EWZS?
Consumer Cyclical is the largest sector at 16.0%, followed by Utilities (15.5%) and Real Estate (12.5%), based on the sectors of the individual holdings.
How concentrated is EWZS?
The top 10 holdings are 38.0% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) EWZS behaves like a portfolio of about 41 equally weighted positions.