iShares MSCI EAFE Small-Cap ETF
$83.95+0.33 (+0.39%)
- 0.40%
- $12.9B
- +15.0%
- 3.19%
- 1.3M sh
- $83.67
- low $73.46high $87.85
The ETF.net SCZ Grade
A
Score 79 out of 100
- 3 of 16
Score 79 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A70 out of 100Rank 4 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 8 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A89 out of 100Rank 1 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A77 out of 100Rank 4 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A85 out of 100Rank 2 of 16
Our read on SCZ
AThe purist's take on foreign small caps: developed markets only, outside the US and Canada. Trading since 2007, SCZ follows the MSCI EAFE Small Cap Index, so Japan, Europe and Australia are in and emerging markets stay out.
The fund seeks to track an index of small-cap equities from developed markets outside the United States and Canada, providing international diversification and exposure to overseas small-cap stocks.
Why people hold it
- A clean, literal mandate: small companies in developed markets outside the US and Canada, with nothing else slipping into the basket.ishares.com
- It follows its stated index closely, one of the tighter implementations in the international small-cap group.
- Live since December 2007 and now a multi-billion-dollar fund that trades actively, the kind of scale that supports steady day-to-day liquidity.
- The 0.40% fee lands right at the median for its category, so the EAFE-specific screen doesn't carry a premium price.
Worth knowing
- Median is not cheap here. VSS and SCHC charge 0.06% for their own ex-US small-cap baskets, several times less than SCZ's 0.40%.
- Developed markets only. Emerging-market small caps sit outside the mandate, unlike all-world peers such as VSS.
- The index is unhedged, so currency moves land on top of small-cap price swings, a bumpier ride than developed large-cap benchmarks.
SCZ Holdings
- Stocks
- 2,035
- 3%
- Gbp Cash
Geography
- Japan38.12%
- United Kingdom10.96%
- Australia10.64%
- Sweden4.86%
- Israel4.29%
- Switzerland4.17%
- Germany3.69%
- France3.47%
- 19.80%
Developed 94% · Emerging 6%
SCZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SCZ$11,496
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SCZ |
|---|---|
| Year to date | +9.3% |
| 1 month | −2.9% |
| 3 months | +0.3% |
| 1 year | +15.0% |
| 3 years | +18.4% |
| 5 years | +5.7% |
| 10 years | +8.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SCZ |
|---|---|---|
| 2026 YTD | +9.3% | |
| 2025 | +32.1% | |
| 2024 | +1.5% | |
| 2023 | +13.0% | |
| 2022 | −21.2% | |
| 2021 | +10.1% | |
| 2020 | +11.7% |
SCZ in the news
SCZ Dividends
- 3.19%
- $2.67
- $1.17 per share
- Twice a year
Distribution history
SCZ Risk
- 14.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.94
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −35.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SCZ Cost
0.40%
SCZ0.40%
- The middle half of International Small-Cap funds
- Median 0.44%
5 of the 16 International Small-Cap funds charge less.
Other funds in International Small-Cap
- ASCHCSchwab International Small-Cap Equity ETFExpense ratio 0.06%1 year return +14.2%
- AVSSVanguard FTSE All-World ex-US Small-Cap ETFExpense ratio 0.06%1 year return +13.8%
- AFNDCSchwab Fundamental International Small Company Index ETFExpense ratio 0.39%1 year return +18.6%
- AWSMLiShares MSCI World Small-Cap ETFExpense ratio 0.30%1 year return +18.5%
- ADFISDimensional - International Small Cap ETFExpense ratio 0.39%1 year return +18.1%