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Performance analysis of EWZ (ISHARES MSCI BRAZIL ETF)

Annual Return

Over the past 3 years, EWZ has had an average annual return of +8.61%, underperforming the benchmark SPY, which returned +19.31% annual.

Over the past 5 years, EWZ has had an average annual return of +6.34%, underperforming the benchmark SPY, which returned +12.55% annual.

Over the past 10 years, EWZ has had an average annual return of +6.13%, underperforming the benchmark SPY, which returned +14.95% annual.

Since Jul 14, 2000, EWZ has had an average annual return of +6.37%, underperforming the benchmark SPY, which returned +8.21% annual.

202620252024202320222021202020192018201720162015
+12.74%+48.87%-30.47%+32.69%+12.35%-17.28%-20.33%+27.65%-2.57%+23.65%+64.48%-41.75%
201420132012201120102009200820072006200520042003
-15.52%-17.52%+0.42%-24.17%+7.74%+121.86%-54.30%+74.77%+43.30%+52.66%+33.61%+116.50%
200220012000
-36.31%-18.81%-10.93%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+16.59%+4.56%-0.88%+3.41%-9.55%-3.01%+2.84%+12.74%
2025+12.53%-4.82%+7.22%+4.60%+0.63%+7.96%-7.97%+11.11%+5.09%+0.55%+7.83%-2.08%+48.87%
2024-5.84%+0.27%-1.79%-4.29%-4.61%-4.64%+1.61%+7.56%-1.27%-5.80%-8.14%-7.78%-30.47%
2023+8.47%-10.12%+0.40%+3.25%+1.95%+15.29%+4.44%-8.92%-0.58%-2.94%+14.24%+6.51%+32.69%
2022+12.65%+4.02%+14.96%-13.33%+7.57%-18.60%+5.95%+5.17%-2.92%+10.26%-3.64%-4.37%+12.35%
2021-7.77%-6.70%+4.86%+6.31%+9.42%+5.79%-7.75%-2.67%-11.73%-8.74%-1.13%+4.19%-17.28%
2020-7.78%-12.34%-38.58%+4.71%+10.21%+7.06%+13.14%-8.36%-7.24%-2.89%+23.79%+12.34%-20.33%
2019+18.77%-5.22%-4.68%+0.98%+0.63%+6.31%+1.78%-7.89%+2.78%+5.86%-4.78%+13.37%+27.65%
2018+15.18%-2.38%-1.32%-5.75%-15.79%-8.56%+12.64%-10.11%+3.94%+19.03%-0.87%-2.56%-2.57%
2017+10.59%+2.33%-0.72%-0.78%-5.38%-2.11%+10.72%+5.82%+4.23%-3.65%-3.66%+5.64%+23.65%

Drawdown analysis of EWZ (ISHARES MSCI BRAZIL ETF)

The maximum drawdown for the EWZ was -77.27%, occurring on Jan 21, 2016. This drawdown has not yet recovered.

The current EWZ drawdown is -21.32%.

Since Jul 14, 2000 EWZ has experienced the following drawdowns:

  • 50% or more: 2 times
  • 40% or more: 2 times
  • 30% or more: 4 times
  • 20% or more: 5 times
  • 10% or more: 12 times
DepthStartTo BottomBottomTo RecoverEndTotal
-77.27%May 20, 20081931Jan 21, 2016OngoingOngoingOngoing
-72.20%Sep 7, 2000527Oct 16, 2002311Jan 12, 2004838
-33.31%Jan 12, 200482May 10, 2004100Oct 1, 2004182
-32.06%May 9, 200624Jun 13, 2006137Dec 27, 2006161
-26.52%Jul 23, 200718Aug 16, 200726Sep 24, 200744
-18.43%Nov 8, 200750Jan 23, 200822Feb 25, 200872
-17.11%Mar 4, 200529Apr 15, 200567Jul 21, 200596
-15.20%Feb 27, 200815Mar 19, 200822Apr 21, 200837
-13.94%Oct 3, 200513Oct 20, 200524Nov 23, 200537
-13.41%Feb 22, 20077Mar 5, 200718Mar 29, 200725
-12.26%Mar 2, 200618Mar 28, 200615Apr 19, 200633
-10.97%Dec 31, 200413Jan 20, 200511Feb 4, 200524
-9.52%Dec 6, 20059Dec 19, 200510Jan 4, 200619
-8.15%Jun 1, 20074Jun 7, 20076Jun 15, 200710
-7.88%Aug 10, 20057Aug 19, 20058Aug 31, 200515
-7.62%Jul 21, 20052Jul 25, 20055Aug 1, 20057
-6.49%Oct 5, 20047Oct 14, 200421Nov 12, 200428
-6.19%Jan 31, 20069Feb 13, 20063Feb 16, 200612
-6.19%Dec 29, 20065Jan 9, 20079Jan 23, 200714
-6.14%Apr 21, 20086Apr 29, 20081Apr 30, 20087
-5.68%Dec 6, 20043Dec 9, 20044Dec 15, 20047
-5.60%Jul 17, 200013Aug 3, 200010Aug 17, 200023
-5.36%Oct 18, 20072Oct 22, 20074Oct 26, 20076
-5.16%Oct 1, 20072Oct 3, 20072Oct 5, 20074
-4.99%Jun 18, 20076Jun 26, 20075Jul 3, 200711