| Previous Close | 25.23 |
| Open | 25.58 |
| Bid | 26.36 x 1000 |
| Ask | 26.37 x 1800 |
| Day's Range | 25.27 - 26.45 |
| 52 Week Range | 20.35 - 64.15 |
| Volume | 255,612 |
| Avg. Volume | 197,523 |
| Net Assets | 35.67M |
| NAV | 25.20 |
| PE Ratio (TTM) | N/A |
| Yield | 1.29% |
| YTD Return | -25.16% |
| Beta (3Y Monthly) | -0.13 |
| Expense Ratio (net) | 0.95% |
| Inception Date | 2009-06-16 |
Brazil country-specific ETFs are among the worst hit Monday as economic indicators suggest the Latin American market may be slipping into a recession. The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) , the largest Brazil-related ETF, declined 2.7% on Monday. Brazilian central bank's IBC-Br economic activity index, a leading indicator of gross domestic product, dropped 0.13% in the second quarter after falling off 0.68% in the three months prior, Reuters reports.
The emerging markets have been outperforming, but some prominent Wall Street banks are issuing a word of caution if the risk-on sentiment suddenly sours. Investors who are wary of any potential risks can look to bearish or inverse exchange traded funds to hedge their developing market bets. After the quick rebound to start off the new year, Societe Generale SA, Bank of America Corp. and Wells Fargo & Co. are warning that there might not be much value left in developing nations, pointing toward potential pitfalls ahead, Bloomberg reports.
Brazilians head back to the polls for an Oct. 28, 2018, second-round election runoff, where it's likely that they will vote in far-right populist Jair Bolsonaro as their next president. Despite the bravado, Bolsonaro has a significant task ahead of him, if elected. Brazil's gross domestic product (GDP), a measure of a country's economic growth, grew just 1% year over year as of August 2018 – analysts had expected an increase of 1.1%.