iShares MSCI South Africa ETFEZA
EZA
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
17% more funds holding
Funds holding: 63 [Q2] → 74 (+11) [Q3]
9% more capital invested
Capital invested by funds: $332M [Q2] → $360M (+$28.5M) [Q3]
14.18% less ownership
Funds ownership: 127.63% [Q2] → 113.45% (-14.18%) [Q3]
29% less call options, than puts
Call options by funds: $1.5M | Put options by funds: $2.12M
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for EZA.
Financial journalist opinion
Negative
Seeking Alpha
2 weeks ago
EZA: A Low Valuation But High-Risk Investment
iShares MSCI South Africa ETF has high exposure to economically sensitive sectors, leading to potential volatility, especially during economic downturns. EZA's lack of technology sector exposure weakens its long-term growth prospects, contributing to poor performance over the past decade. Despite South Africa's gradually improving economy, EZA's low valuation reflects weak growth prospects and high volatility, making it less attractive.
Positive
Barrons
1 month ago
South Africa's Stock Rally May Have Legs
Continued little improvements in South Africa can go a long way. More privatization can boost growth.
Positive
Seeking Alpha
4 months ago
China Outperforms The Rest Of The World
Shanghai CSI 300 has gone from a 52-week low to a 52-week high in only a couple of weeks. Other than China and Hong Kong, Australia is the only other international market starting the week at a 52-week high.
Positive
CNBC Television
4 months ago
Market strengths here… and abroad
Market strengths here… and abroad.
Neutral
Seeking Alpha
4 months ago
Highest And Lowest Country ETF Dividend Yields
US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage points less at +44.5%. Looking at the international dividend ETF over a longer time frame, over the last five years, it's up 20.6% in price and more than double that on a total return basis.
Positive
Seeking Alpha
4 months ago
EZA: Overreaction To GNU Government And Lower Inflation
The iShares MSCI South Africa ETF has surged over 15% in six months due to a favorable election result and a potential regional interest rate pivot. Despite improved investor sentiment, I'm cautiously optimistic about South Africa's new government. Moreover, cyclical economic challenges have emerged. EZA ETF's portfolio appears concentrated, raising concerns about its cyclical performance and exposure to geopolitical risks.
Positive
MarketBeat
4 months ago
Top 3 Emerging Market ETFs to Watch as the U.S. Dollar Weakens
As U.S. interest rates remain elevated and the dollar continues its strong run for much of 2024, emerging market equities have still delivered impressive performances. While trailing behind the S&P 500, the iShares MSCI Emerging Markets ETF NYSE: EEM has climbed 5.7% year-to-date.
Neutral
ETF Trends
5 months ago
The Forgotten Frontier? Revisiting Africa ETFs
ETFs have exploded in popularity over the last decade, accelerating rapidly since the so-called ETF rule arrived in 2019. All kinds of thematic ETFs have emerged for investors to consider.
Neutral
Seeking Alpha
6 months ago
The Investment Case For South Africa: EZA Is The Ultimate 'Buy Low' Opportunity
South Africa is perceived as corrupt and dangerous, but the country also has excellent demographics, strong geography, and a considerable existing capital base. SA's equity market is heavily discounted vs. other global markets as a result of poor economic performance, but as the political winds shift, this may change. We see the recent election result as a strong indication that the country is on the way to righting itself.
Positive
Barrons
6 months ago
South African Stocks Show Life After an Election and Power-Grid Fixes
Still, there's a long way to go as the country tries to end corruption, dysfunction, and high unemployment with a coalition government. Bond yields are down and stocks are up.
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