ETF · iShares
IBZL iShares MSCI Brazil UCITS ETF USD (Dist)
ISIN IE00B0M63516London Stock Exchange: IBZLBlackRock, Inc.
- Emerging markets
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£22.23
on
- Ongoing charge
- 0.74% a year
- Fund size
- £288m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, IBZL (iShares MSCI Brazil UCITS ETF USD (Dist), ISIN IE00B0M63516) closed at £22.23 on the London Stock Exchange. Its ongoing charge is 0.74% a year (about £74 on £10,000). Over the five years to 30/09/2026 its total return was +65.7%, or +29.5% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +24.4%
- +20.5% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +27.3%
- +14.9% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +65.7%
- +29.5% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,657 on 30/09/2026 — about £1,295 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares MSCI Brazil UCITS ETF USD (Dist) in pounds (price only, income paid out not included): 2022 +13.0%, 2023 +16.6%, 2024 −32.0%, 2025 +28.6%; 2026 to 30/09/2026 +17.0%. Returns of iShares MSCI Brazil UCITS ETF USD (Dist) in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +22.5%; to 30/09/2025: +3.6%; to 30/09/2024: −12.1%; to 30/09/2023: −2.1%; to 30/09/2022: +11.7%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +17.0% | +13.7% | |
| +28.6% | +24.2% | ||
| −32.0% | −34.3% | ||
| +16.6% | +12.0% | ||
| +13.0% | +3.4% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +22.5% | Not available |
| from | +3.6% | −0.5% |
| from | −12.1% | −14.3% |
| from | −2.1% | −8.0% |
| from | +11.7% | +2.7% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
26.5%over 5 years
| 1 year | 24.0% |
|---|---|
| 3 years | 20.4% |
| 5 years | 26.5% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −37.3%
- From to
- Lowest 12-month return
- −32.0%
- 12 months to
- Highest 12-month return
- +64.7%
- 12 months to
- Below its highest weekly close since October 2021
- 9.9%
- High of , latest
In words: Volatility of iShares MSCI Brazil UCITS ETF USD (Dist) in pounds, annualised from weekly returns to 30/09/2026: 24.0% over 1 year, 20.4% over 3 years, 26.5% over 5 years. Largest fall in the price of iShares MSCI Brazil UCITS ETF USD (Dist) since October 2021, in pounds: −37.3% from 01/04/2022 to 27/12/2024. The lowest 12-month return of iShares MSCI Brazil UCITS ETF USD (Dist) in pounds (price only, income paid out not included) since January 2021 was −32.0% (12 months to 27/12/2024); the highest was +64.7% (12 months to 10/04/2026). On 30/09/2026 the price of iShares MSCI Brazil UCITS ETF USD (Dist) was 9.9% below its highest weekly close since October 2021 (17/04/2026), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.74%
- a year
- On £10,000
- £74
- a year, roughly
- Over five years
- £365
- of £10,000, before growth
- 125 charge less
- 5 the same
- 10 charge more
Ongoing charge of iShares MSCI Brazil UCITS ETF USD (Dist) 0.74% a year, as of 01/10/2026: 10 of the 140 other emerging-market share funds charge more, 5 the same and 125 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares MSCI Brazil UCITS ETF USD (Dist) is an exchange-traded fund (ETF) from iShares, launched in 2005.
It tracks the MSCI Brazil.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.74% a year — about £74 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
Emerging markets: Companies in faster-growing but less mature economies such as China, India, Taiwan and Brazil. Prices tend to move more.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- IBZL
- ISIN
- IE00B0M63516
- Provider
- iShares
- Tracks
- MSCI Brazil
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.74% a year · about £74 on £10,000
- Fund size
- £288m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Emerging markets
Price chart
Since 28/07/2026, the closing price went from £21.99 on 28/07/2026 to £22.23 on 30/09/2026 (+1.1%). The lowest close shown was £20.12 on 18/08/2026 and the highest £22.86 on 11/09/2026.
Chart: closing prices we have recorded since 28/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 28/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Funds tracking the same index
3 funds track MSCI Brazil, this one included and share classes counted once; their ongoing charges range from 0.25% to 0.74% a year (30/09/2026).
| Fund | 1 year | 5 years |
|---|---|---|
| Amundi MSCI Brazil ETF Acc- CapitalisationAccumulating · 0.65% a year | +25.2% | +72.6% |
| iShares MSCI Brazil UCITS ETF USD (Dist)This fundDistributing · 0.74% a year | +24.4% | +65.7% |
| Xtrackers MSCI BRAZIL UCITS ETF Capitalisation 1CAccumulating · 0.25% a year | +25.3% | +72.5% |
Source: TradingView reported returns and fund ongoing charges, as of
Read more:Index fundsTracking differenceHow funds are compared
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since October 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 125 emerging-market share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI EM IMI UCITS ETF, over the three years to 30/09/2026 (153 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of IBZL?
The ongoing charge of IBZL is 0.74% a year — about £74 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares MSCI Brazil UCITS ETF USD (Dist) 0.74% a year, as of 01/10/2026: 10 of the 140 other emerging-market share funds charge more, 5 the same and 125 less (share classes counted once).
What does IBZL track?
IBZL tracks the MSCI Brazil.
Is IBZL accumulating or distributing?
IBZL is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of IBZL?
The ISIN of IBZL is IE00B0M63516. An ISIN identifies one exact share class of a fund; IBZL is its ticker on the London Stock Exchange.
What were IBZL’s returns in each of the last five years?
Calendar-year returns of IBZL in pounds (price only, income paid out not included): 2022 +13.0%, 2023 +16.6%, 2024 −32.0%, 2025 +28.6%; 2026 to 30/09/2026 +17.0%. Past performance is not a guide to future returns.
How has IBZL done after inflation?
Over the five years to 30/09/2026 IBZL’s total return was +65.7%, or +29.5% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- EMIMiShares Core MSCI EM IMI UCITS ETF0.18% a year · £26bn
- XMMSXtrackers MSCI Emerging Markets UCITS ETF0.18% a year · £8.2bn
- SEMAiShares MSCI EM UCITS ETF USD (Acc)0.18% a year · £6.0bn
- IEEMiShares MSCI EM UCITS ETF USD (Dist)0.18% a year · £5.8bn
- EDG2iShares MSCI EM CTB Enhanced ESG UCITS ETF0.26% a year · £5.0bn
- CEA1iShares MSCI EM Asia UCITS ETF0.20% a year · £5.0bn
- SEGMiShares MSCI EM IMI Screened UCITS ETF AccumUnhedged USD0.21% a year · £3.6bn
- E127Multi Units LU - Amundi MSCI Emerging Markets II0.14% a year · £3.6bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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