IBZL.L
iShares MSCI Brazil UCITS ETF USD (Dist)
Emerging Market
EQUITY
Passive
MANAGEMENT STYLE
£ 355.6 M
ASSETS UNDER MGMT
74 bp
EXPENSES
Fund Basics
| Inception date | Nov 18, 2005 |
| Regulation | UCITS |
| ISIN | IE00B0M63516 |
| Distributions | Quarterly |
| Currency | GBp |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| VALE SA | 10.5 % |
| NU HOLDINGS LTD. CLASS A | 8.7 % |
| ITAU UNIBANCO HOLDING SA | 8.4 % |
| PETROBRAS - PETROLEO BRAS-PR | 8.3 % |
| PETROBRAS - PETROLEO BRAS | 7.3 % |
| BANCO BRADESCO SA-PREF | 3.7 % |
| BM&FBOVESPA SA | 3.5 % |
| CIA SANEAMENTO BASICO DE SP | 3.0 % |
| ITAUSA-INVESTIMENTOS ITAU SA | 3.0 % |
| AMBEV-SA | 2.9 % |
Constituent Breakdown
| Number of holdings | 55 |
| Herfindahl-Hirschman Index | 490 |
| Wgt avg mkt cap (mns) | $29,334 |
| Large cap (>$10bn) | 75.9% |
| Mid cap ($2-10bn) | 18.4% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 9.9% |
| Emerging mkts. | 83.8% |
Sector Breakdown
Country Exposure
 |
BRAZIL | 83.8 % |
 |
CAYMAN ISLANDS | 8.7 % |
 |
UNITED STATES | 1.2 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 10.3% | 31.5% | 7.3% | 4.6% | 0.6% | 4.3% | 1.7% | 1.9% |
| Dividend Yield | 0.0% | 5.1% | 6.9% | 7.2% | 9.2% | 6.2% | 5.1% | 5.2% |
| Total Returns | 10.3% | 36.6% | 14.2% | 11.9% | 9.8% | 10.4% | 6.8% | 7.0% | Ann. Volatility | 24.9% | 21.5% | 21.6% | 21.3% | 26.5% | 31.5% | 34.1% | 34.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.63 | 12% |
| MSCI EAFE | 0.60 | 17% |
| MSCI Emg Mkts | 0.49 | 20% |
Liquidity Measures
| Avg. volume (000) | 41 |
| ADV traded (mns) | $85 |
| Turnover | 24.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $2,253.74 |
| Relative strength (RSI) | 40 |
| MACD/Signal | -51.83/-44.88 |
| Bollinger Bands (Upper/Lower) | $2,390.53/$2,087.04 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IBZL.L |
Expenses vs. IBZL.L |
ALTAR Score™ vs. IBZL.L |
|---|---|---|---|---|
| 4BRZ.DE | iShares MSCI Brazil UCITS ETF (DE) | 93.1% | -47 bp | +0.4% |
| XMBR.DE | Xtrackers MSCI Brazil UCITS ETF 1C | 87.7% | -49 bp | +0.7% |
| LTAM.L | iShares MSCI EM Latin America UCITS ETF | 50.9% | -54 bp | -0.7% |
| SEDY.L | iShares EM Dividend UCITS ETF | 12.7% | -9 bp | +5.3% |
Risk and Returns: IBZL.L vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (GBP)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/4/2026
Peer Group Comparison
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ETF Research Center Rating
10.8%
ALTAR SCORE™
95th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 212 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.3% and a standard deviation
of 2.2%. IBZL.L's ALTAR Score™ is approximately 1.6 standard
deviations above the category average. This places IBZL.L in the 95th percentile
among funds in the category.
Sell-Side Consensus
£2589.38
PRICE TARGET
+24.6%
UPSIDE