EWZ grants investors exposure to 85 of the Brazilian equities market, using a standard market-cap-weighted strategy that approximates the entire market-cap spectrum, with an inclination towards mid- and large-cap firms. The smaller-cap companies are comprehensively covered by EWZs sister fund, iShares MSCI Brazil Small Cap Index ETF (EWZS). When coupled, the two funds provide a full representation of the entire Brazilian market.