---
ticker: "EZA"
name: "iShares MSCI South Africa ETF"
url: "https://etf.net/etf/EZA"
grade: "B"
score: 59
graded_at: "2026-10-12"
category: "Emerging Markets Single Country"
category_rank: "5 of 22"
methodology: "https://etf.net/methodology"
---

# EZA: iShares MSCI South Africa ETF

Grade **B**, Score 59 of 100. Rank 5 of 22 in Emerging Markets Single Country.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 50 | 7 of 22 |
| Mission | 69 | 3 of 22 |
| Risk | 34 | 18 of 22 |
| Tradability | 78 | 4 of 22 |
| Holdings | 72 | 4 of 20 |
| Durability | 71 | 6 of 22 |

## Top holdings

The fund holds 31 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | ANG.JO | Anglogold Ashanti PLC | 12.86% |
| 2 | GFI.JO | Gold Fields | 8.86% |
| 3 | NPN.JO | Naspers Limited Class N | 8.70% |
| 4 | FSR.JO | Firstrand Ltd | 7.06% |
| 5 | SBK.JO | Standard Bank Group | 6.11% |
| 6 | MTN.JO | Mtn Group | 4.65% |
| 7 | CPI.JO | Capitec Shs | 4.30% |
| 8 | VAL.JO | Valterra Platinum Ltd | 4.06% |
| 9 | ABG.JO | Absa Group | 3.32% |
| 10 | IMP.JO | Impala Platinum | 3.06% |
| 11 | SHP.JO | Shoprite Holdings Ltd | 2.97% |
| 12 | HAR.JO | Harmony Gold Mining Company Limite | 2.94% |
| 13 | SOL.JO | Sasol | 2.90% |
| 14 | BID.JO | Bid Corporation | 2.85% |
| 15 | SLM.JO | Sanlam Limited Ltd | 2.81% |
| 16 | DSY.JO | Discovery | 2.76% |
| 17 | NED.JO | Nedbank Group Ltd | 2.41% |
| 18 | SSW.JO | Sibanye Stillwater | 2.26% |
| 19 | REM.JO | Remgro | 2.06% |
| 20 | VOD.JO | Vodacom Group Ltd | 1.97% |
| 21 | NPH.JO | Northam Platinum Hldgs Ltd | 1.79% |
| 22 | NRP.JO | Nepi Rockcastle | 1.77% |
| 23 | BVT.JO | Bidvest Group | 1.55% |
| 24 | OUT.JO | Outsurance Group | 1.53% |
| 25 | PPH.JO | Pepkor Holdings Shs Ltd | 1.38% |
| 26 | RNI.JO | Reinet Investments S.c.a. | 1.33% |
| 27 | CLS.JO | Clicks Group | 1.19% |
| 28 | — | Zar Cash | 0.49% |
| 29 | — | Blk Csh Fnd Treasury Sl Agency | 0.05% |
| 30 | — | Cash Collateral Zar Hbcft | 0.05% |

Source: etf.net, https://etf.net/etf/EZA. Please cite the page URL.