iShares MSCI EAFE Small-Cap ETF (SCZ)


Market Price (8/12/2026): $85.0

iShares MSCI EAFE Small-Cap ETF (SCZ)


Market Price (8/12/2026): $85.0

Key Takeaways

  • SCZ has returned +11.2% YTD vs +13.3% for SPY; +17.9% over the past 12 months (SPY +22.2%). details →
  • Priced in gold, SCZ has returned -32.4% over the past 3 years, vs +57.0% in dollars — its dollar gains have lagged gold. details →
  • Over the past month, SCZ has seen net outflows of −$755M (−5.7% of assets). details →
  • SCZ is trading within 0.7% of its all-time high. details →
  • Risk-adjusted returns trail SPY: 3-year Sharpe ratio of 0.7 vs 0.9. details →
Last updated: 8/11/2026.

Price Chart

Asset Allocation with SCZ

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+8.1%
Volatility
11.8%
Sharpe
0.49
YTD
+7.5%
Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

Learn More →
Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance
Learn More →
Protect Wealth
[1] Defensive Portfolios
[2] Tax-Efficient Strategies

Top 20 Holdings for SCZ

Total Weights
Top 5: 0.4% | Top 10: 0.4% | Top 20: 0.4%

TickerHoldingETF WeightSales WeightEarnings WeightFwd P/SFwd P/EFwd Sales GrowthFwd Earnings Growth
Total0.03%100.00%0.00%1.7+48.0%
Top 200.00%0.00%0.00%
nullN/A0.21%
PSPN.SWPSP Swiss Property AG0.22%
[1] Total and Top 20 rows are weighted aggregates across constituents.
[2] Forward P/S and P/E ratios use consensus sales and earnings for the 12 months ending 8/31/27. Individual constituent FY1 and FY2 consensus figures adjusted to align with 8/31/27.
[3] Forward Sales and Non-GAAP Earnings Growth are calculated as next fiscal year (FY2) consensus growth over current fiscal year (FY1) consensus. They are not derived from the forward P/S and P/E multiples shown.

Performance for SCZ Top Holdings

TickerHoldingWeightMkt Price
8/11
1D Rtn1M RtnYTD Rtn1Y Rtn3Y Rtn5Y Rtn10Y Rtn
SCZiShares MSCI EAFE Small-Cap ETF100.00%86.200.1%3.4%11.2%17.9%57.0%29.3%118.9%
nullN/A0.21%        
PSPN.SWPSP Swiss Property AG0.22%        

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SCZ Return10%-21%13%2%32%11%46%
Peers Return12%-19%16%2%34%12%60%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
SCZ Win Rate67%33%58%58%83%75% 
Peers Win Rate67%39%58%58%83%71% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
SCZ Max Drawdown-10%-34%-15%-10%-14%-11% 
Peers Max Drawdown-9%-32%-14%-9%-13%-12% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: VSS, SCHC, FNDC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/11/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker1Y3Y5Y
SCZ0.870.670.16
Equity Top Results (3Y)   
IALT2.112.112.11
SPMO0.891.380.82
VLUE2.491.260.69
CORO1.331.251.25
CGDV1.351.230.94

Results as of 7312026.

How Low Can It Go

EventSCZS&P 500
2025 US Tariff Shock
  % Loss-10.6%-18.8%
  % Gain to Breakeven11.9%23.1%
  Time to Breakeven10 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-14.1%-9.5%
  % Gain to Breakeven16.4%10.5%
  Time to Breakeven49 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.4%-24.5%
  % Gain to Breakeven50.1%32.4%
  Time to Breakeven936 days427 days
2020 COVID-19 Crash
  % Loss-37.3%-33.7%
  % Gain to Breakeven59.5%50.9%
  Time to Breakeven199 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-19.1%-19.2%
  % Gain to Breakeven23.5%23.8%
  Time to Breakeven315 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-14.6%-12.2%
  % Gain to Breakeven17.1%13.9%
  Time to Breakeven68 days62 days

Compare to VSS, SCHC, FNDC

In The Past

iShares MSCI EAFE Small-Cap ETF's stock fell -10.6% during the 2025 US Tariff Shock. Such a loss loss requires a 11.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSCZS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-33.4%-24.5%
  % Gain to Breakeven50.1%32.4%
  Time to Breakeven936 days427 days
2020 COVID-19 Crash
  % Loss-37.3%-33.7%
  % Gain to Breakeven59.5%50.9%
  Time to Breakeven199 days140 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-22.1%-17.9%
  % Gain to Breakeven28.4%21.8%
  Time to Breakeven457 days123 days
2008-2009 Global Financial Crisis
  % Loss-60.3%-53.4%
  % Gain to Breakeven151.7%114.4%
  Time to Breakeven780 days1085 days

Compare to VSS, SCHC, FNDC

In The Past

iShares MSCI EAFE Small-Cap ETF's stock fell -10.6% during the 2025 US Tariff Shock. Such a loss loss requires a 11.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

SCZ Dip Buy History


Get Notified
Alerts when dip buy opportunities arise.
Notify Me →

Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

TickerNameDip %Mkt PricePrice DatePeak PricePeak Date# Days
IEMGiShares Core MSCI Emerging Markets ETF-7.1%79.89811202686.00622202650
EEMiShares MSCI Emerging Markets ETF-8.1%65.43811202671.21622202650
ASHRXtrackers Harvest CSI 300 China A-Shares ETF-7.0%34.68811202637.30622202650
EWYiShares MSCI South Korea ETF-23.7%167.248112026219.20621202651
EWZiShares MSCI Brazil ETF-18.6%33.98811202641.734142026119
FXIiShares China Large-Cap ETF-9.8%35.66811202639.532102026182
ILFiShares Latin America 40 ETF-11.4%33.75811202638.104142026119
KWEBKraneShares CSI China Internet ETF-18.1%28.09811202634.312102026182
MTUMiShares MSCI USA Momentum Factor ETF-10.7%308.348112026345.22622202650
SPMOInvesco S&P 500 Momentum ETF-8.1%148.568112026161.66622202650
URAGlobal X Uranium ETF-22.5%45.17811202658.26506202697
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-10.0%37.48811202641.63513202690
ROBOROBO Global Robotics & Automation Index ETF-7.0%84.00811202690.34602202670
LITGlobal X Lithium & Battery Tech ETF-19.1%74.11811202691.62511202692
ICLNiShares Global Clean Energy ETF-23.4%18.20811202623.75602202670
ARKQARK Autonomous Technology & Robotics ETF-10.8%128.308112026143.82528202675
ARKXARK Space & Defense Innovation ETF-8.8%34.41811202637.74528202675
NASATema Space Innovators ETF-39.1%25.53811202641.89527202676
XOVREntrepreneurShares Series Trust ERShares Private-Public Crossover ETF-6.1%20.03811202621.34706202636
AGIXKraneShares Artificial Intelligence ETF-8.4%45.24811202649.40601202671
XLKState Street Technology Select Sector SPDR ETF-6.1%186.098112026198.21602202670
XLCState Street Communication Services Select Sector SPDR ETF-6.6%111.278112026119.104192026114
XLPState Street Consumer Staples Select Sector SPDR ETF-5.4%84.69811202689.513012026163
XLUState Street Utilities Select Sector SPDR ETF-8.0%43.63811202647.403012026163
SMHVanEck Semiconductor ETF-14.3%572.938112026668.91622202650
SOXXiShares Semiconductor ETF-18.4%534.208112026655.01622202650
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF-5.2%178.378112026188.183292026135
MISLFirst Trust Indxx Aerospace & Defense ETF-6.2%47.51811202650.663022026162
RINGiShares MSCI Global Gold Miners ETF-21.4%78.13811202699.423012026163
SOXQInvesco PHLX Semiconductor ETF-17.3%95.198112026115.11622202650
TLTiShares 20+ Year Treasury Bond ETF-7.8%82.19811202689.153012026163
VGLTVanguard Long-Term Treasury ETF-6.7%52.76811202656.533012026163
SPTLState Street SPDR Portfolio Long Term Treasury ETF-7.1%25.09811202626.993012026163
TLHiShares 10-20 Year Treasury Bond ETF-6.3%96.568112026103.083012026163
EDVVanguard World Funds Extended Duration ETF-11.5%59.67811202667.423012026163
SPLBState Street SPDR Portfolio Long Term Corporate Bond ETF-5.3%21.35811202622.552192026173
IGLBiShares 10+ Year Investment Grade Corporate Bond ETF-5.0%47.84811202650.372172026175
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF-5.3%17.91811202618.91512202691
DBCInvesco DB Commodity Index Tracking Fund-5.4%29.97811202631.69512202691
COMTiShares GSCI Commodity Dynamic Roll Strategy ETF-7.9%33.64811202636.53519202684
GSGiShares GSCI Commodity-5.8%30.01811202631.853182026146
BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF-5.4%24.51811202625.91512202691
GLDSPDR Gold Trust-18.2%400.968112026490.003022026162
IAUiShares Gold Trust-18.1%82.188112026100.383022026162
GLDMSPDR Gold MiniShares Trust-18.1%86.468112026105.543022026162
SGOLETFS Physical Swiss Gold Shares-12.1%44.66811202650.813022026162
BARDirexion Daily Gold Bull 3X Shares-15.6%44.34811202652.533022026162
SLViShares Silver Trust-31.1%58.55811202684.993012026163
SIVRETFS Physical Silver Shares Trust ETF-6.6%83.39811202689.263012026163
PPLTETFS Physical Platinum Shares-26.5%15.78811202621.473012026163
CPERUnited States Copper Index Fund ETV-9.6%33.33811202636.883012026163
PALLETFS Physical Palladium Shares-23.9%24.77811202632.542242026168
USOUnited States Oil Fund LP-16.6%127.618112026152.96519202684
UNGUnited States Natural Gas Fund LP-22.8%10.07811202613.043122026152
BNOUnited States Brent Oil Fund LP ETV-7.1%55.85811202660.13504202699
SCHHSchwab U.S. REIT ETF-5.3%23.55811202624.86726202616
USRTiShares Core U.S. REIT ETF-5.8%65.80811202669.82726202616
IBITiShares Bitcoin Trust ETF-22.7%35.94811202646.47511202692
FBTCFidelity Wise Origin Bitcoin Fund-22.6%55.23811202671.35511202692
ETHAiShares Ethereum Trust ETF-22.9%14.18811202618.384192026114

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-08-10

Asset allocation rotation · Past month

  • Equity ETFs drew the largest net inflows (+$58.2B), followed by Bond (+$14.9B), with every major asset class in net inflows.
  • Within the mix, money rotated into US Large Cap Core (+$19.4B) and out of Thematic (−$3.2B).
  • Relative to fund size, BFLX drew the largest inflow (+55.7% of AUM) and FTXL the largest outflow (−60.3%).
Largest inflows
#TickerNameTypeNet flow% of AUM
1SPYState Street SPDR S&P 500 ETFEquity US Large Cap Core+$14.5B+1.8%
2VOOVanguard S&P 500 ETFEquity US Large Cap Core+$12.57B+1.3%
3QQQInvesco QQQ Trust, Series 1Equity US Nasdaq Growth+$7.95B+1.7%
4EWYiShares MSCI South Korea ETFEquity Emerging Markets+$6.01B+25.6%
5SPYMState Street SPDR Portfolio S&P 500 ETFEquity US Large Cap Core+$5.92B+3.7%
6SGOViShares 0-3 Month Treasury Bond ETFCash+$3.99B+4.0%
7DRAMRoundhill Memory ETFOther+$3.9B+16.3%
8TLTiShares 20+ Year Treasury Bond ETFBond Long Treasury+$3.43B+8.1%
9QQQMInvesco NASDAQ 100 ETFEquity US Nasdaq Growth+$3.35B+3.4%
10SCHDSchwab U.S. Dividend Equity ETFEquity Dividend Income+$3.29B+3.2%
Largest outflows
#TickerNameTypeNet flow% of AUM
1IVViShares Core S&P 500 ETFEquity US Large Cap Core-$13.45B-1.5%
2IEFiShares 7-10 Year Treasury Bond ETFBond Intermediate Treasury-$3.65B-7.7%
3IWMiShares Russell 2000 ETFEquity US Small Cap Core-$2.79B-3.5%
4ARKKARK Innovation ETFEquity Thematic-$2.33B-39.2%
5LQDiShares iBoxx $ Investment Grade Corporate Bond ETFBond Intermediate Corporate-$2.28B-6.9%
6IQMMProShares - GENIUS Money Market ETFOther-$2.22B-12.3%
7IWDiShares Russell 1000 Value ETFEquity US Large Value-$1.1B-1.4%
8VOVanguard Morningstar Mid-Cap ETFEquity US Mid Cap Core-$1.02B-1.0%
9IWFiShares Russell 1000 Growth ETFEquity US Large Growth-$1.01B-0.8%
10IGViShares Expanded Tech-Software Sector ETFEquity Industry Subsector-$977M-7.2%

Largest ETF fund flows across ~2599 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

Set Alerts and Notifications

Stay Informed

Trade & Investment Ideas

Wealth

Alert Me Periodically

Inform Me Once

About SCZ

0Holdings Count: 2057
Expense Ratio: 0.4%
Inception Date: 2007-12-09
iShares MSCI EAFE Small-Cap ETF
This exchange-traded fund endeavors to mirror the performance of an underlying index, which comprises shares of smaller companies in developed countries, specifically those outside of the United States and Canada.
Asset Class: Equity | ETF Website

Recent Active Movers

Peer Comparisons

Peers to compare with:

Profile

SCZVSSSCHCFNDCMedian
NameiShares MS.Vanguard F.Schwab Int.Schwab Fun. 
Asset ClassEquityEquityEquityEquity-
AUM ($ Bil)13.613.85.63.19.6
Expense Ratio0.40%0.06%0.06%0.39%0.23%
10-D Avg Volume (Mil)1.570.260.380.170.32
Latest Day Volume (Mil)1.200.110.290.070.20
Holdings Count2,0574,8162,2031,5902,130
Inception Date12/9/20074/2/20091/14/20108/15/2013-

Fundamentals

SCZVSSSCHCFNDCMedian
NameiShares MS.Vanguard F.Schwab Int.Schwab Fun. 
Net Asset Value86.79157.8350.4850.80-
Premium/Discount-0.7%0.6%0.5%0.1%0.3%
Distribution Yield3.1%3.1%3.3%3.5%3.2%
Sales Yield37.9%57.7%95.0%99.0%76.3%
Earnings Yield0.0%5.1%4.3%6.1%4.7%

Valuation

SCZVSSSCHCFNDCMedian
NameiShares MS.Vanguard F.Schwab Int.Schwab Fun. 
P/S (TTM)2.6x1.7x1.1x1.0x1.4x
P/E (TTM)-19.7x23.3x16.4x19.7x
P/FCF (TTM)-254.2x16.2x-135.2x
Forward P/E-----
Forward P/S-----

Risk

SCZVSSSCHCFNDCMedian
NameiShares MS.Vanguard F.Schwab Int.Schwab Fun. 
Volatility (1Y)15.2%16.4%16.7%15.1%15.8%
Volatility (3Y)15.2%15.2%16.0%14.8%15.2%
Volatility (5Y)16.8%16.7%17.7%16.1%16.7%
Beta (1Y)0.891.031.030.910.97
Beta (3Y)0.710.750.780.710.73
Beta (5Y)0.760.780.820.720.77
Sharpe Ratio (1Y)1.121.171.181.341.17
Sharpe Ratio (3Y)1.051.071.091.201.08
Sharpe Ratio (5Y)0.390.450.450.560.45
Max Drawdown (1Y)-11.4%-11.6%-12.5%-11.2%-11.5%
Max Drawdown (3Y)-14.5%-15.7%-13.9%-12.0%-14.2%
Max Drawdown (5Y)-36.9%-33.9%-36.5%-32.1%-35.2%

Returns

SCZVSSSCHCFNDCMedian
NameiShares MS.Vanguard F.Schwab Int.Schwab Fun. 
1M Return4.5%4.4%6.1%5.2%4.8%
3M Return0.4%-1.8%-1.1%0.5%-0.3%
6M Return2.0%1.9%1.0%3.2%2.0%
YTD Return11.2%11.4%11.4%14.2%11.4%
1Y Return17.4%19.5%20.1%21.0%19.8%
2Y Return50.6%49.6%56.5%60.0%53.6%
3Y Return56.3%58.0%62.7%65.3%60.4%

Short Interest

Short Interest: As Of Date7312026
Short Interest: Shares Quantity3.4 Mil
Short Interest: % Change Since 7152026-6.7%
Average Daily Volume1.4 Mil
Days-to-Cover Short Interest2.4 days