Brazil's Stock Market Enjoyed a Stellar Year, but Future Gains Depend on Political Shifts.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
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Should l Buy EWZ?
Source: Barron's
- Brazilian Stock Performance: Brazilian stocks have seen a significant rally, with the iShares MSCI Brazil ETF gaining 38% in 2025, which compensates for losses in 2024.
- Long-term Trends: Historically, such rallies in Brazilian stocks do not tend to last long, and over the past five years, the ETF is down nearly 15%.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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