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EWZ: A Brazilian Diversifier To Balance SPY's AI Risks The iShares MSCI Brazil ETF offers portfolio...

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EWZ: A Brazilian Diversifier To Balance SPY's AI Risks The iShares MSCI Brazil ETF offers portfolio diversification for investors heavily exposed to the S&P 500 and the AI-driven U.S. tech sector. EWZ provides geographic, sectoral, and currency diversification, with significant exposure to commodities, financials, and domestic Brazilian stimulus policies. At 8.8x earnings, EWZ trades at a substantial discount to SPY's 20x, with potential for an 18.5% upside to its recent high.

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Maurizio Vitalle 3

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