Skip to Content
ETFs

iShares MSCI South Africa ETF

EZA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 03 2003
Expense Ratio
0.57%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$8,223,686
AUM
$350,166,416
Associated Index
MSCI South Africa 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NPN
NASPERS LIMITED N LTD
17.82%
FSR
FIRSTRAND LTD
7.68%
SBK
STANDARD BANK GROUP LTD
5.57%
MTN
MTN GROUP LTD
5.28%
GFI
GOLD FIELDS LTD
4.89%
ANG
ANGLOGOLD ASHANTI LTD
4.06%
ABG
ABSA GROUP LTD
3.74%
IMP
IMPALA PLATINUM HOLDINGS LTD
3.56%
CPI
CAPITEC LTD
3.47%
SOL
SASOL LTD
3.29%
Invest with EZA

What is EZA?

The iShares MSCI South Africa Index Fund seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the South African equity market as measured by the MSCI South Africa 25/50 Index.

ETFs related toEZA

ETFs correlated to EZA include FNDE, GEM, CWI

EZA
BlackRock Institutional Trust Company N.A. - iShares MSCI South Africa ETF
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF
GEM
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta Emerging Markets Equity ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
JPEM
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return Emerging Markets Equity ETF
IQDF
FlexShares Trust - FlexShares International Quality Dividend Index Fund
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
DGS
WisdomTree Trust - WisdomTree Emerging Markets SmallCap Dividend Fund
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEZA

#TOTAL

The Total Package

Category

Getting Started, Go Global

Risk Rating

Moderate

#SWENS

The Swensen

Category

Classic

Risk Rating

Moderate

Create your own algorithmic trading strategy with EZA using Composer

FAQ

EZA is a Global Ex. US Equities ETF. The iShares MSCI South Africa Index Fund seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the South African equity market as measured by the MSCI South Africa 25/50 Index.

EZA tracks the MSCI South Africa 25/50 Index.

No, EZA is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EZA is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EZA is -0.022%. This is the percent change in the value of EZA over the most recent 1-month period. The 3-month return on EZA is -0.0514%. This is the percent change in the value of EZA over the most recent 3-month period.

The standard deviation of EZA for the past year is 0.3278%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EZA include EWW, EWC, and EWY.

ETFs correlated to EZA include FNDE, GEM, and CWI.

ETFs that are inversely correlated to EZA include EDZ, EUM, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.