Brazilian Small-Cap ETF Sees Modest Uptick Amid Volatile Trading The iShares MSCI Brazil Small-Cap ETF (EWZS) edged up 0.09% to $10.78 on April 16, 2025, despite a two-week loss of 1.91%. Trading volume declined to 78,000 shares, raising caution about potential short-term reversals. Analysts forecast a possible 5.36% rise over the next three months, but risks remain elevated.123