SCZ: iShares MSCI EAFE Small-Cap ETF

What does SCZ hold?#

This fund owns about 2,000 small companies in developed countries outside the US and Canada, such as Japan, the UK and Australia. Small company prices can swing a lot. Changes in foreign currencies also move its value.

It tracks the MSCI EAFE Small Cap Index (Net). It had 2,024 holdings as of October 15, 2026, according to iShares (BlackRock).

What is the SCZ expense ratio?#

SCZ charges 0.4% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.4% fee comes to about $40 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has SCZ done since 2007?#

From December 2007 to October 2026, SCZ returned about 5.4% a year. Say you put in $10,000 at the start. It would have been worth about $27,090 at the end, with every dividend reinvested.

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

SCZ returns by year#

What was SCZ’s worst drop?#

A drawdown is how far a fund falls from its last high point. SCZ’s worst fall was −61.9%, from December 13, 2007 to March 9, 2009. It got back to that high on April 11, 2013.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold SCZ?#

One classic strategy holds SCZ at least some of the time. Each is a set of written rules you can open, test and copy.

• Accelerating Dual Momentum (ADM), by Engineered Portfolio (Steve Hanly), 2018

How does SCZ compare with similar ETFs?#

Funds that can stand in for SCZ:

• SCHF: Schwab International Equity ETF, 0.03% a year
• VEA: Vanguard FTSE Developed Markets ETF, 0.03% a year
• IEFA: iShares Core MSCI EAFE ETF, 0.07% a year
• EFA: iShares MSCI EAFE ETF, 0.32% a year

See all 4 SCZ alternatives, compared on the same dates as SCZ.

Test SCZ in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add SCZ, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for SCZ. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from iShares (BlackRock). We checked them on October 16, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.