SCZ — iShares MSCI EAFE Small-Cap ETF

SCZ Price Performance — Growth of $10,000

Value of a $10,000 investment in SCZ over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

SCZ Drawdown

The "underwater" chart: SCZ's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares MSCI EAFE Small-Cap ETF (SCZ) is an International Developed fund issued by iShares with $14.4 billion in assets under management. Trading at a price of $82.65, the fund holds an overall rank of #218 out of 458 tracked ETFs across all categories and carries an ETFValuer grade of C with a score of 61.4/100. Investors face an expense ratio of 0.4% while receiving a dividend yield of 3.22%. The substantial asset base suggests significant investor adoption relative to the 22 ETFs tracked in this specific category. This combination of a mid-tier ranking and moderate cost structure positions the fund as a widely held option within the international small-cap space. The current price and asset size reflect a mature vehicle rather than a niche or emerging product. Its grade indicates a mixed profile compared to the broader universe of 458 funds monitored by the platform.

Over the most recent trading day, the fund posted a return of +0.90%, followed by a +0.19% gain over the one-week period. Monthly performance accelerated to +0.71% over one month and +1.60% over three months. The six-month return extended to +2.71%, while year-to-date gains reached +7.15%. Annual returns showed further strength at +13.90% over the last year. The three-year horizon demonstrated the most significant appreciation with a total return of +48.35%. This trajectory indicates a pattern where longer-term holding periods have captured substantially higher gains than shorter intervals. The data shows a consistent upward trend in cumulative returns as the time horizon extends from daily to multi-year periods.

The fund carries a Moderate volatility label and a Beta of 1.00, suggesting its price movements align closely with the broader market benchmarks. A Sharpe ratio of 0.59 indicates the return generated per unit of risk taken is moderate relative to the risk-free rate. During market downturns, the fund experienced a maximum drawdown of -14.58%, reflecting the potential for significant temporary losses. This combination of figures implies that while the fund moves in tandem with the market, it has delivered returns that compensate for risk at a moderate level. The moderate volatility and beta suggest the fund does not amplify market swings but participates fully in them. Investors should expect drawdowns of this magnitude during periods of market stress given the fund's historical behavior.

AI-generated summary based on the data on this page.

SCZ Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 7.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SCZ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SCZ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SCZ's top 10 — IEMG overlaps most, holding 1 of the same companies as SCZ's top 10 (3.8% of SCZ's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 120.53 (as of 2026-07-17) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

SCZ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 1.20% and average daily volume is 1.5M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $14.4B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SCZ is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

SCZ Performance History

How SCZ Compares to Other International Developed ETFs