Good News for big Brazil ETF

Two Vale securities combine for just over 10% of EWZ’s weight. Also helping EWZ trade higher is downtrodden Petrobras (NYSE: PBR), Brazil’s state-run oil giant. The New York-listed version of that stock has surged 11.8% in the past five days. Two Petrobras securities combine for almost 12% of EWZ’s weight.

iShares MSCI Brazil Capped ETF

ETF Trends editorial team contributed to this post.