- Last Ratings Update:12/31/2015
- Price as of 12/31/2015 :$46.71
- Net Assets:$462.5 Million
- Peer Rank:236 of 307
- Investment Rating:D
We rate iShares MSCI South Africa at D. Negative factors that influence this rating include a well below average total return. The fund invests approximately 98% of its assets in stocks and may be considered for investors seeking a Non-US Equity strategy.
POSITIVES AND RISKS
Total return ranks well below peers over the last three years. The iShares MSCI South Africa has returned an annual rate of 10.13% since inception. More recently, the fund has generated a total return of -5.31% in the last five years, -10.46% in the last three years, and -23.24% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 18% of them. It has also outpaced 16% of its competitors on a three year basis and 10% of them over the last year for the period ending 12/31/2015. On a year to date basis, EZA has returned -23.24%.
Downside risk has been above average. EZA has a draw down risk of -34.74%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 19.0%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months. As of 12/31/2015, the fund was trading at a price of $46.71, which is 12.0% below its 52-week high of $53.08 and 10.0% above its 52-week low of $42.45.
Low expense ratio helps performance. On total assets of $462.50 million, EZA maintains a low expense ratio compared to its Non-US Equity peers of just 0.62% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As EZA is an exchange traded fund, it has no front end or back end load.
The iShares MSCI South Africa is managed by Diane Hsiung at BlackRock Fund Advisors. This fund is one of 300 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.