EWZ

How is EWZ doing right now?

In plain terms: EWZ is 24.6% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

As of the latest market close, iShares MSCI Brazil ETF (EWZ) is trading in a deep drawdown, 24.6% below its all-time high at $34.41. Asset price action of this severity has historically marked attractive entry zones — but only when fundamentals weren't permanently impaired. The historical median return below quantifies that pattern for EWZ specifically.

What history says at this drawdown

EWZ reaches this drawdown band repeatedly in its history (275 observations), which is a large sample for the segmentation engine to compute a stable median forward return. The engine uses a rolling 90-day window and gives more weight to recent years — this lets the signal adapt to regime changes (e.g., post-COVID volatility) without losing the long-run base rate.

What this means for EWZ

ETFs aggregate constituent behavior, so their drawdowns tend to be shallower but more persistent than single stocks. The median forward return at a given drawdown level for an ETF is usually a more stable signal than for an individual equity. Below 20% drawdowns the historical median forward return often becomes attractive — but with rising variance. The win-rate column in the segments table is more useful than the median at this depth.