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SCZ

GradeANASDAQ Global Market

iShares MSCI EAFE Small-Cap ETF

Broad Stock Market · IShares · Inception 2007-12-09 · SEC filings

$85.09−1.40 (−1.62%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 86.49 to 85.09. Range 84.75 to 85.63. Use the arrow keys to read each point.$84.80$85.20$85.40$85.6010 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$13.0B
1Y return
+16.1%
Yield · Last 12 months
3.08%
Holdings
2027
Volume · 30D
1.4M sh
NAV per share
$86.07
52W range
low $73.46high $87.85

The ETF.net SCZ Grade

A

78/ 100

Rank 3 of 16 in International Small-Cap⁠

Confidence High

Six-pillar profile for SCZ. Scores out of 100: Cost 70, Risk 53, Mission 100, Tradability 78, Holdings 82, Durability 85. Strongest: Mission (100). Weakest: Risk (53). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 78 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 70
    Category rank7/16 · top 44%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank6/11 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 53
    Category rank8/16 · top 50%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 78
    Category rank1/16 · top 6%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 82
    Category rank2/16 · top 13%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 85
    Category rank2/16 · top 13%

Graded as of Sep 22, 2026

Our read on SCZ

ETF.net Research

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.

Stated mandate

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

  1. 01A clean, literal mandate: small companies in developed markets outside the US and Canada, with nothing else slipping into the basket.ishares.com
  2. 02It follows its stated index closely, one of the tighter implementations in the international small-cap group.
  3. 03Live since December 2007 and now a multi-billion-dollar fund that trades actively, the kind of scale that supports steady day-to-day liquidity.
  4. 04The 0.40% fee lands right at the median for its category, so the EAFE-specific screen doesn't carry a premium price.

Worth knowing

  1. 01Median 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%.
  2. 02Developed markets only. Emerging-market small caps sit outside the mandate, unlike all-world peers such as VSS.
  3. 03The index is unhedged, so currency moves land on top of small-cap price swings, a bumpier ride than developed large-cap benchmarks.

SCZ Holdings

As of Sep 22, 2026, 3:22 AM
Asset class
Stocks
Holdings
2,027
Top-10 weight
3%
Largest holding
IMI.L0.3%

Sectors

  • Industrials23.3%
  • Financials13.3%
  • Consumer Discr.12.4%
  • Materials10.3%
  • Technology9.9%
  • Real Estate9.7%
  • Health Care6.4%
  • Cons. Staples4.8%
  • Communication4.3%
  • Energy3.5%
  • Utilities2.3%

Geography

  • Japan37.33%
  • United Kingdom10.95%
  • Australia10.65%
  • Sweden4.90%
  • Israel4.40%
  • Switzerland4.06%
  • Germany3.84%
  • France3.66%
  • Other countries (29)20.20%

Developed 94% · Emerging 6% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 136.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001IMI.LIMI PLC0.27%852,739$35M65
002BEZ.LBEAZLEY PLC0.27%1,964,322$34M53
003GTT.PAGAZTRANSPORT & TECHNIGAZ SA0.26%131,094$34M64
004BSL.AXBLUESCOPE STEEL0.26%1,550,189$33M73
0056963.TROHM0.25%1,106,500$33M62
006WEIR.LWEIR PLC0.25%922,575$32M65
0075831.TSHIZUOKA FINANCIAL GROUP INC0.25%1,443,300$32M59
0087167.TMEBUKI FINANCIAL GROUP INC0.24%2,910,400$31M64
009TKA.DETHYSSENKRUPP AG0.24%1,761,112$31M56
010ACLN.SWACCELLERON N AG0.23%334,520$30M68
011HSX.LHISCOX LTD0.23%1,137,398$29M61
012STB.OLSTOREBRAND0.23%1,386,881$29M62
013PSPN.SWPSP SWISS PROPERTY AG0.23%162,124$29M63
0148354.TFUKUOKA FINANCIAL GROUP0.22%565,300$28M62
015GAW.LGAMES WORKSHOP GROUP PLC0.21%116,930$28M70

Showing 1–15 of 2040 holdings

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$11,610
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. SCZ $11,610. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for SCZ. Periods over one year show the average yearly return.
PeriodSCZ
Year to date+13.1%
1 month−0.1%
3 months+3.3%
1 year+16.1%
3 years+18.5%per year
5 years+5.5%per year
10 years+8.1%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SCZ
YearReturn barSCZ
2026 YTD+13.1%
2025+32.1%
2024+1.5%
2023+13.0%
2022−21.2%
2021+10.1%
2020+11.7%

SCZ in the news

ETF.net Research hasn’t filed on SCZ yet — coverage lands here as it’s written.

SCZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
3.08%Last 12 months
Payout per share
$2.67Last 12 months
Last payment
$1.17 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.78; Dec 19, 2017 $0.75; Jun 19, 2018 $0.77; Dec 18, 2018 $0.68; Jun 17, 2019 $0.93; Dec 16, 2019 $1.26; Jun 15, 2020 $0.54; Dec 14, 2020 $0.47; Dec 30, 2020 $0.02; Jun 10, 2021 $0.71; Dec 13, 2021 $1.39; Dec 30, 2021 $0.06; Jun 9, 2022 $1.12; Jun 7, 2023 $1.00; Dec 20, 2023 $0.83; Jun 11, 2024 $0.90; Dec 17, 2024 $1.23; Jun 16, 2025 $1.06; Dec 16, 2025 $1.50; Jun 15, 2026 $1.17. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$1.17
Dec 16, 2025Dec 19, 2025$1.50
Jun 16, 2025Jun 20, 2025$1.06
Dec 17, 2024Dec 20, 2024$1.23
Jun 11, 2024Jun 17, 2024$0.90
Dec 20, 2023Dec 27, 2023$0.83
Jun 7, 2023Jun 13, 2023$1.00
Jun 9, 2022Jun 15, 2022$1.12
Dec 30, 2021Jan 5, 2022$0.06
Dec 13, 2021Dec 17, 2021$1.39
Jun 10, 2021Jun 16, 2021$0.71
Dec 30, 2020Jan 6, 2021$0.02

SCZ Risk

How much the fund’s monthly returns vary, scaled to a year.
14.2%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.88
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−36.0%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.00
vs its asset-class index
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

Expense ratio0.40%
  • The middle half of International Small-Cap funds
  • Median 0.44%

5 of the 16 International Small-Cap funds charge less.

SCZ costs $40.00 a year on $10,000. The median International Small-Cap fund costs $44.00.