Continuing our series on single-country exchange-traded funds (ETFs), todays fund, iShares MSCI Brazil Capped ETF (EWZ), exclusively concentrates on Brazil, the largest country in South America.
With $3.899 billion in net assets, EWZ is one of the powerhouse ETFs in the segment, easily dwarfing its peers in size. Though incorporated in the United States, the fund typically invests more than 95 of its assets in Brazilian companies.