
Brazil, Mexico Provide Safe Haven Amid Middle East Tumult: Charts
ETFs tracking Brazil and Mexico are showing encouraging technical indicators.
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ETFs tracking Brazil and Mexico are showing encouraging technical indicators.

Banco Santander S.A. decreased its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 50.8% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 151,613 shares of the exchange traded fund's stock after selling 156,250 shares during the period. Banco Santander S.A. owned

I am raising iShares MSCI Brazil ETF from hold to buy, citing strong momentum and favorable geopolitical dynamics. EWZ benefits from U.S. national security strategy shifts, anticipated American influence in Brazil's 2026 election, and commodity-driven tailwinds. Despite Brazil's rising debt and political risks, EWZ offers a substantial margin of safety with attractive risk-return, even in a worst-case scenario.

Brazilian equities are surging in early 2026 as commodities rally and the U.S. dollar weakens, with EWZ delivering its strongest outperformance versus U.S. stocks in over four years.

iShares MSCI Brazil ETF's 2025 rally was driven by global flows, USD weakness, and carry—not by domestic growth or fiscal reform. Even after the re-rating, EWZ remains attractive versus developed markets, with high real carry anchoring the BRL and dividends supporting total returns. The 2026 upside depends less on Brazil “improving” and more on fiscal risk staying contained while global liquidity and political optionality do the work.

Sumitomo Mitsui Trust Group Inc. raised its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 95.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,870 shares of the exchange traded fund's stock after acquiring an additional 31,200

Geneos Wealth Management Inc. trimmed its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 66.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 27,480 shares of the exchange traded fund's stock after selling 55,551 shares during the period. Geneos Wealth Management Inc.'s holdings

Abbington Investment Group purchased a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 58,239 shares of the exchange traded fund's stock, valued at approximately $1,805,000. iShares MSCI Brazil ETF comprises approximately 1.5%

2025 was a big year for ex-U.S. equities, as a declining dollar, tariff uncertainty, and domestic concentration risk drove investors abroad. Broad ex-U.S. equities performed well and rewarded those investors, but it was some notable subregions that really delivered.

Caxton Associates LLP bought a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,067,163 shares of the exchange traded fund's stock, valued at approximately $30,788,000. iShares MSCI Brazil

The Trump administration lifted Magnitsky sanctions on Brazilian Supreme Court Justice Alexandre de Moraes-who oversaw Jair Bolsonaro's coup-related conviction-as U.S.-Brazil trade tensions eased and diplomatic ties with President Luiz Inacio Lula da Silva warmed.

I maintain a Hold rating on EWZ and other ETFs tracking Brazilian indices, citing unattractive risk-return for long-term investors. Recent gains in EWZ are attributed to global factors like Fed rate cuts, not domestic macroeconomic improvements. Brazil's political landscape shifted as Jair Bolsonaro supports his son for 2026, increasing uncertainty and market volatility.

The iShares MSCI Brazil ETF has surged 48% year-to-date. EWZ's top position is Nu Holdings, a high-growth fintech that offers significant upside potential. I have some reservations about the Brazil ETF, which keep me at cautious optimism rather than an unabashedly bullish perspective.

iShares MSCI Brazil ETF (NYSEARCA:EWZ - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday. The stock traded as high as $33.62 and last traded at $33.4750, with a volume of 2761054 shares changing hands. The stock had previously closed at $33.47. iShares MSCI Brazil ETF Price Performance

Global markets drifted through a quiet session on Thursday as Wall Street remained shut for Thanksgiving, leaving cryptocurrencies as the day's main source of price action.

Sumitomo Mitsui Trust Group Inc. raised its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 152.9% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,670 shares of the exchange traded fund's stock after purchasing an additional 19,750

Inflation is expected to remain sticky and GDP expected to range between 1.7 to 2.1% in 2026. The U.S. may avoid stagflation, but mild forms are present and may linger. While investors won't likely need to pull out the 1970s-1980s investment playbook, they are wise to consider the best stocks for mild stagflation. Classic stagflation investments include precious metals, consumer staples with pricing power, defensive healthcare, multi-line insurers, and some utilities.

iShares MSCI Brazil ETF remains an attractive play for 2025, driven by BRL appreciation against the USD and appealing valuations. High-interest rates in Brazil and lower interest rates in the U.S. attract foreign capital, supporting inflows into stocks. Brazilian companies should continue to benefit from lower costs on dollar-denominated debt, improving earnings.

The iShares MSCI Brazil-Capped ETF is rated a "Buy," supported by strong recent momentum and compelling valuation metrics. EWZ offers exposure to large- and mid-cap Brazilian equities, with a focus on value sectors like Financials and Energy. The ETF trades at a low 9.2x P/E and a PEG ratio below one, with a high 5.13% dividend yield, making it attractive for investors.