iShares MSCI EAFE Small-Cap (SCZ): Historical Returns

Data Source: from January 1975 to February 2024 (~49 years)
Consolidated Returns as of 29 February 2024
Live Update: Mar 18 2024
Category: Stocks
iShares MSCI EAFE Small-Cap (SCZ) ETF
ETF • LIVE PERFORMANCE (USD currency)
0.13%
1 Day
Mar 18 2024
1.94%
Current Month
March 2024

In the last 30 Years, the iShares MSCI EAFE Small-Cap (SCZ) ETF obtained a 6.29% compound annual return, with a 17.17% standard deviation.

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The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Small Cap
  • Style: Blend
  • Region: Developed Markets
  • Country: EAFE

The iShares MSCI EAFE Small-Cap (SCZ) ETF is part of the following Lazy Portfolios:

Portfolio Name Author SCZ Weight Currency
Weird Portfolio Value Stock Geek 20.00% USD
Simple Money Portfolio Tim Maurer 15.00% USD
Ultimate Buy and Hold Strategy Paul Merriman 10.00% USD
Sandwich Portfolio Bob Clyatt 10.00% USD
Big Rocks Portfolio Larry Swedroe 3.00% USD

Investment Returns as of Feb 29, 2024

The iShares MSCI EAFE Small-Cap (SCZ) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES MSCI EAFE SMALL-CAP (SCZ) ETF
Consolidated returns as of 29 February 2024
Live Update: Mar 18 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~49Y)
iShares MSCI EAFE Small-Cap (SCZ) ETF 0.13 1.94 1.56 4.93 6.64 4.14 4.15 6.29 10.45
US Inflation Adjusted return 1.11 3.28 3.37 -0.05 1.29 3.66 6.50
Returns over 1 year are annualized | Available data source: since Jan 1975
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Feb 2024. Current inflation (annualized) is 1Y: 3.17% , 5Y: 4.19% , 10Y: 2.82% , 30Y: 2.54%

In 2023, the iShares MSCI EAFE Small-Cap (SCZ) ETF granted a 3.26% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI EAFE Small-Cap (SCZ) ETF: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 1994, now would be worth 6.23$, with a total return of 522.79% (6.29% annualized).

The Inflation Adjusted Capital now would be 2.94$, with a net total return of 193.72% (3.66% annualized).
An investment of 1$, since January 1975, now would be worth 132.30$, with a total return of 13129.63% (10.45% annualized).

The Inflation Adjusted Capital now would be 22.07$, with a net total return of 2107.39% (6.50% annualized).

Investment Metrics as of Feb 29, 2024

Metrics of iShares MSCI EAFE Small-Cap (SCZ) ETF, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES MSCI EAFE SMALL-CAP (SCZ) ETF
Advanced Metrics
Data Source: 1 January 1975 - 29 February 2024 (~49 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~49Y)
Investment Return (%) 1.56 6.04 4.93 6.64 -1.89 4.14 4.15 6.74 6.29 10.45
Infl. Adjusted Return (%) details 1.11 5.00 3.28 3.37 -7.16 -0.05 1.29 4.05 3.66 6.50
US Inflation (%) 0.44 0.98 1.59 3.17 5.68 4.19 2.82 2.59 2.54 3.71
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -12.22 -34.59 -34.59 -34.59 -63.26 -63.26 -63.26
Start to Recovery (# months) details 5 30* 30* 30* 72 72 72
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2007 11 2007 11 2007 11
Start to Bottom (# months) 3 13 13 13 16 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 56 56 56
End (yyyy mm) 2023 12 - - - 2013 10 2013 10 2013 10
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest
-29.73
same as
deepest
-32.59 -32.59
Start to Recovery (# months) details 34 84 84
Start (yyyy mm) 2023 08 2021 09 2021 09 2018 02 2007 11 1996 06 1996 06
Start to Bottom (# months) 3 13 13 26 16 28 28
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2020 03 2009 02 1998 09 1998 09
Bottom to End (# months) 2 17 17 8 56 56 56
End (yyyy mm) 2023 12 - - 2020 11 2013 10 2003 05 2003 05
Longest negative period (# months) details 8 36* 47 73 100 109 149
Period Start (yyyy mm) 2023 03 2021 03 2019 12 2014 03 2007 11 1994 03 1989 09
Period End (yyyy mm) 2023 10 2024 02 2023 10 2020 03 2016 02 2003 03 2002 01
Annualized Return (%) -11.16 -1.89 -0.57 -0.04 -0.08 -0.83 -0.01
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -13.05 -39.79 -39.79 -39.79 -63.90 -63.90 -63.90
Start to Recovery (# months) details 5 30* 30* 30* 117 117 117
Start (yyyy mm) 2023 08 2021 09 2021 09 2021 09 2007 06 2007 06 2007 06
Start to Bottom (# months) 3 13 13 13 21 21 21
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2022 09 2009 02 2009 02 2009 02
Bottom to End (# months) 2 17 17 17 96 96 96
End (yyyy mm) 2023 12 - - - 2017 02 2017 02 2017 02
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest
-32.26
same as
deepest

same as
deepest
-36.71
Start to Recovery (# months) details 35 168
Start (yyyy mm) 2023 08 2021 09 2021 09 2018 02 2007 06 2007 06 1989 09
Start to Bottom (# months) 3 13 13 26 21 21 109
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2020 03 2009 02 2009 02 1998 09
Bottom to End (# months) 2 17 17 9 96 96 59
End (yyyy mm) 2023 12 - - 2020 12 2017 02 2017 02 2003 08
Longest negative period (# months) details 9 36* 60* 116 198 198 235
Period Start (yyyy mm) 2023 03 2021 03 2019 03 2014 03 2007 05 2007 05 1989 08
Period End (yyyy mm) 2023 11 2024 02 2024 02 2023 10 2023 10 2023 10 2009 02
Annualized Return (%) -2.07 -7.16 -0.05 -0.04 -0.15 -0.15 -0.23
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 15.42 18.15 19.81 16.32 18.47 17.17 16.67
Sharpe Ratio 0.09 -0.23 0.12 0.18 0.29 0.23 0.39
Sortino Ratio 0.14 -0.33 0.16 0.25 0.39 0.32 0.53
Ulcer Index 4.57 17.86 15.08 12.26 19.14 17.39 14.80
Ratio: Return / Standard Deviation 0.43 -0.10 0.21 0.25 0.36 0.37 0.63
Ratio: Return / Deepest Drawdown 0.54 -0.05 0.12 0.12 0.11 0.10 0.17
% Positive Months details 58% 52% 56% 57% 59% 56% 60%
Positive Months 7 19 34 69 142 205 354
Negative Months 5 17 26 51 98 155 236
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 4.15 13.76 16.18 24.26
Worst 10 Years Return (%) - Annualized 2.46 2.46 0.40
Best 10 Years Return (%) - Annualized 1.29 11.79 13.11 16.72
Worst 10 Years Return (%) - Annualized 0.56 0.56 -2.63
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 89.97 46.13 33.55 16.18 11.08 6.29
Worst Rolling Return (%) - Annualized -54.52 -20.24 -7.11 2.46 6.74
% Positive Periods 65% 73% 80% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 61.38 19.97 12.73 7.45 5.72 4.77
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 0.53 3.51 3.15
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 86.72 42.17 29.77 13.11 8.72 3.66
Worst Rolling Return (%) - Annualized -56.16 -21.94 -8.97 0.56 4.05
% Positive Periods 58% 64% 66% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 61.38 19.97 12.73 7.45 5.72 4.77
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 0.53 3.51 3.15
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1975 - Feb 2024)
Best Rolling Return (%) - Annualized 89.97 57.72 42.31 24.26 16.27 14.26
Worst Rolling Return (%) - Annualized -54.52 -20.24 -7.11 0.40 3.34 5.64
% Positive Periods 70% 80% 87% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 61.38 19.97 12.73 7.45 4.73 3.90
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 0.51 2.51
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 86.72 53.11 37.98 16.72 10.26 9.65
Worst Rolling Return (%) - Annualized -56.16 -21.94 -8.97 -2.63 0.49 3.22
% Positive Periods 60% 69% 75% 91% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 61.38 19.97 12.73 7.45 4.73 3.90
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 0.51 2.51
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Feb 29, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of iShares MSCI EAFE Small-Cap (SCZ) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES MSCI EAFE SMALL-CAP (SCZ) ETF
Monthly correlations as of 29 February 2024
Swipe left to see all data
Correlation vs SCZ
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.89
0.91
0.88
0.75
0.75
SPY
US Large Cap
0.86
0.90
0.87
0.73
0.73
IJR
US Small Cap
0.86
0.88
0.81
0.72
0.72
VNQ
US REITs
0.95
0.84
0.70
0.61
0.61
QQQ
US Technology
0.62
0.78
0.78
0.54
0.55
PFF
Preferred Stocks
0.77
0.81
0.75
0.53
0.53
EFA
EAFE Stocks
0.96
0.97
0.96
0.90
0.87
VT
World All Countries
0.93
0.96
0.94
0.85
0.85
EEM
Emerging Markets
0.86
0.84
0.80
0.77
0.73
VGK
Europe
0.96
0.96
0.95
0.85
0.83
VPL
Pacific
0.93
0.95
0.93
0.85
0.79
FLLA
Latin America
0.87
0.72
0.61
0.65
0.65
BND
US Total Bond Market
0.80
0.55
0.43
0.20
0.19
TLT
Long Term Treasuries
0.84
0.19
0.09
-0.09
-0.09
BIL
US Cash
0.15
-0.06
-0.05
-0.09
-0.09
TIP
TIPS
0.72
0.59
0.50
0.25
0.24
LQD
Invest. Grade Bonds
0.83
0.70
0.61
0.38
0.38
HYG
High Yield Bonds
0.91
0.85
0.81
0.67
0.66
CWB
US Convertible Bonds
0.85
0.84
0.84
0.74
0.74
BNDX
International Bonds
0.71
0.54
0.40
0.22
0.23
EMB
Emerg. Market Bonds
0.95
0.85
0.76
0.55
0.55
GLD
Gold
0.18
0.28
0.17
0.21
0.21
DBC
Commodities
0.12
0.54
0.48
0.46
0.46

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

ISHARES MSCI EAFE SMALL-CAP (SCZ) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1975 - 29 February 2024 (~49 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-63.26% Nov 2007 Feb 2009 16 Oct 2013 56 72 30.92
-34.59% Sep 2021 Sep 2022 13 in progress 17 30 19.51
-32.59% Jun 1996 Sep 1998 28 May 2003 56 84 15.52
-29.73% Feb 2018 Mar 2020 26 Nov 2020 8 34 12.49
-10.51% Jul 2014 Dec 2014 6 May 2015 5 11 6.52
-10.50% Jun 2015 Feb 2016 9 Jul 2016 5 14 4.83
-7.96% Mar 1994 Jun 1994 4 Feb 1996 20 24 4.11
-6.91% May 2006 Jul 2006 3 Oct 2006 3 6 4.60
-5.34% Oct 2016 Nov 2016 2 Jan 2017 2 4 3.13
-4.75% Jun 2007 Aug 2007 3 Oct 2007 2 5 2.27
-4.47% Apr 2004 May 2004 2 Sep 2004 4 6 2.70
-4.32% Mar 2005 May 2005 3 Jul 2005 2 5 2.31
-2.77% Jan 2014 Jan 2014 1 Feb 2014 1 2 1.60
-2.32% Oct 2005 Oct 2005 1 Dec 2005 2 3 1.19
-1.68% Jun 2021 Jun 2021 1 Jul 2021 1 2 0.97
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-63.90% Jun 2007 Feb 2009 21 Feb 2017 96 117 27.21
-39.79% Sep 2021 Sep 2022 13 in progress 17 30 25.85
-35.52% Jun 1996 Sep 1998 28 Aug 2003 59 87 21.28
-32.26% Feb 2018 Mar 2020 26 Dec 2020 9 35 14.20
-11.60% Mar 1994 Oct 1995 20 Apr 1996 6 26 6.34
-7.92% May 2006 Jul 2006 3 Nov 2006 4 7 4.95
-5.03% Apr 2004 May 2004 2 Oct 2004 5 7 3.06
-4.91% Mar 2005 May 2005 3 Jul 2005 2 5 2.76
-2.49% Jun 2021 Jun 2021 1 Aug 2021 2 3 1.40
-2.47% Oct 2005 Oct 2005 1 Dec 2005 2 3 1.24
-0.57% Jan 2021 Jan 2021 1 Feb 2021 1 2 0.33
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-63.26% Nov 2007 Feb 2009 16 Oct 2013 56 72 30.92
-34.59% Sep 2021 Sep 2022 13 in progress 17 30 19.51
-32.59% Jun 1996 Sep 1998 28 May 2003 56 84 15.52
-29.73% Feb 2018 Mar 2020 26 Nov 2020 8 34 12.49
-28.04% Dec 1980 Jul 1982 20 Mar 1983 8 28 12.28
-28.02% Sep 1989 Oct 1990 14 Aug 1993 34 48 15.93
-23.07% Sep 1987 Nov 1987 3 Sep 1988 10 13 10.74
-11.89% Jul 1975 Sep 1975 3 Jan 1976 4 7 6.40
-10.78% Feb 1980 Mar 1980 2 Jul 1980 4 6 5.08
-10.51% Jul 2014 Dec 2014 6 May 2015 5 11 6.52
-10.50% Jun 2015 Feb 2016 9 Jul 2016 5 14 4.83
-10.37% Feb 1976 Nov 1976 10 Jun 1977 7 17 5.65
-9.21% Feb 1994 Jun 1994 5 Mar 1996 21 26 5.03
-8.87% Sep 1979 Oct 1979 2 Jan 1980 3 5 4.39
-8.30% Dec 1983 May 1984 6 Aug 1984 3 9 4.66
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-63.90% Jun 2007 Feb 2009 21 Feb 2017 96 117 27.21
-39.79% Sep 2021 Sep 2022 13 in progress 17 30 25.85
-36.82% Dec 1980 Jul 1982 20 Jan 1985 30 50 15.11
-36.71% Sep 1989 Sep 1998 109 Aug 2003 59 168 20.73
-32.26% Feb 2018 Mar 2020 26 Dec 2020 9 35 14.20
-23.80% Sep 1987 Nov 1987 3 Dec 1988 13 16 10.77
-18.19% Feb 1979 Mar 1980 14 Nov 1980 8 22 8.22
-13.91% Feb 1976 Nov 1976 10 Nov 1977 12 22 8.05
-13.67% Jul 1975 Sep 1975 3 Jan 1976 4 7 8.04
-7.92% May 2006 Jul 2006 3 Nov 2006 4 7 4.95
-6.41% Oct 1978 Oct 1978 1 Jan 1979 3 4 3.23
-5.03% Apr 2004 May 2004 2 Oct 2004 5 7 3.06
-4.97% Sep 1986 Sep 1986 1 Oct 1986 1 2 2.87
-4.91% Mar 2005 May 2005 3 Jul 2005 2 5 2.76
-4.14% Jan 1978 Jan 1978 1 Mar 1978 2 3 2.79

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES MSCI EAFE SMALL-CAP (SCZ) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1975 - 29 February 2024 (~49 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -54.52 11/2007
10/2008
0.45$ -10.22 0.89$ 5.89 1.05$ 29.77 1.29$ 89.97 04/2003
03/2004
1.89$ 6.64 34.96%
2Y -36.23 03/2007
02/2009
0.40$ -6.48 0.87$ 5.16 1.10$ 26.07 1.58$ 54.81 04/2003
03/2005
2.39$ -1.70 29.67%
3Y -20.24 03/2006
02/2009
0.50$ -2.72 0.92$ 6.05 1.19$ 19.83 1.72$ 46.13 04/2003
03/2006
3.12$ -1.89 26.77%
5Y -7.11 06/2007
05/2012
0.69$ -0.85 0.95$ 5.37 1.29$ 18.10 2.29$ 33.55 11/2002
10/2007
4.24$ 4.14 19.60%
7Y -1.95 10/1994
09/2001
0.87$ 2.11 1.15$ 8.23 1.73$ 15.27 2.70$ 23.29 11/2000
10/2007
4.32$ 4.86 7.22%
10Y 2.46 04/2007
03/2017
1.27$ 5.39 1.69$ 8.64 2.29$ 12.54 3.26$ 16.18 01/1998
12/2007
4.48$ 4.15 0.00%
15Y 1.82 10/2007
09/2022
1.31$ 5.47 2.22$ 7.71 3.04$ 10.86 4.69$ 13.09 02/2003
01/2018
6.32$ 10.46 0.00%
20Y 6.74 03/2004
02/2024
3.68$ 7.28 4.07$ 8.84 5.43$ 10.07 6.81$ 11.08 10/2001
09/2021
8.18$ 6.74 0.00%
30Y 6.29 03/1994
02/2024
6.22$ 6.29 6.22$ 6.29 6.22$ 6.29 6.22$ 6.29 03/1994
02/2024
6.22$ 6.29 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -56.16 11/2007
10/2008
0.43$ -12.57 0.87$ 3.54 1.03$ 26.69 1.26$ 86.72 04/2003
03/2004
1.86$ 3.37 41.83%
2Y -37.52 03/2007
02/2009
0.39$ -9.45 0.81$ 2.73 1.05$ 23.24 1.51$ 51.23 03/2003
02/2005
2.28$ -5.98 39.76%
3Y -21.94 03/2006
02/2009
0.47$ -5.60 0.84$ 4.02 1.12$ 17.15 1.60$ 42.17 04/2003
03/2006
2.87$ -7.16 35.38%
5Y -8.97 06/2007
05/2012
0.62$ -3.40 0.84$ 3.48 1.18$ 15.74 2.07$ 29.77 11/2002
10/2007
3.68$ -0.05 33.55%
7Y -4.39 10/1994
09/2001
0.73$ -0.05 0.99$ 6.13 1.51$ 12.56 2.28$ 20.07 11/2000
10/2007
3.59$ 1.28 15.52%
10Y 0.56 11/2013
10/2023
1.05$ 2.92 1.33$ 6.44 1.86$ 9.87 2.56$ 13.11 01/1998
12/2007
3.42$ 1.29 0.00%
15Y -0.53 10/2007
09/2022
0.92$ 3.07 1.57$ 5.33 2.17$ 8.51 3.40$ 10.78 02/2003
01/2018
4.64$ 7.69 1.66%
20Y 4.05 03/2004
02/2024
2.21$ 4.87 2.58$ 6.39 3.45$ 7.80 4.48$ 8.72 10/2001
09/2021
5.32$ 4.05 0.00%
30Y 3.66 03/1994
02/2024
2.93$ 3.66 2.93$ 3.66 2.93$ 3.66 2.93$ 3.66 03/1994
02/2024
2.93$ 3.66 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -54.52 11/2007
10/2008
0.45$ -7.87 0.92$ 9.03 1.09$ 33.43 1.33$ 89.97 04/2003
03/2004
1.89$ 6.64 29.19%
2Y -36.23 03/2007
02/2009
0.40$ -3.72 0.92$ 9.27 1.19$ 27.76 1.63$ 69.03 10/1985
09/1987
2.85$ -1.70 23.99%
3Y -20.24 03/2006
02/2009
0.50$ -0.96 0.97$ 8.87 1.29$ 26.80 2.03$ 57.72 08/1984
07/1987
3.92$ -1.89 19.64%
5Y -7.11 06/2007
05/2012
0.69$ 0.70 1.03$ 8.30 1.49$ 22.79 2.79$ 42.31 08/1982
07/1987
5.83$ 4.14 12.43%
7Y -1.95 10/1994
09/2001
0.87$ 2.59 1.19$ 9.12 1.84$ 20.00 3.58$ 34.50 08/1982
07/1989
7.96$ 4.86 4.73%
10Y 0.40 02/1989
01/1999
1.04$ 3.47 1.40$ 9.79 2.54$ 18.60 5.50$ 24.26 09/1977
08/1987
8.77$ 4.15 0.00%
15Y 1.82 10/2007
09/2022
1.31$ 5.35 2.18$ 9.78 4.05$ 15.08 8.21$ 21.42 01/1975
12/1989
18.38$ 10.46 0.00%
20Y 3.34 03/1989
02/2009
1.92$ 7.25 4.05$ 9.70 6.36$ 12.21 10.00$ 16.27 01/1975
12/1994
20.38$ 6.74 0.00%
30Y 5.64 04/1990
03/2020
5.19$ 6.87 7.34$ 10.17 18.29$ 12.79 36.95$ 14.26 06/1977
05/2007
54.52$ 6.29 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -56.16 11/2007
10/2008
0.43$ -10.85 0.89$ 4.85 1.04$ 28.22 1.28$ 86.72 04/2003
03/2004
1.86$ 3.37 39.03%
2Y -37.52 03/2007
02/2009
0.39$ -7.44 0.85$ 4.75 1.09$ 23.14 1.51$ 64.09 10/1985
09/1987
2.69$ -5.98 34.04%
3Y -21.94 03/2006
02/2009
0.47$ -4.78 0.86$ 5.77 1.18$ 22.34 1.83$ 53.11 08/1984
07/1987
3.58$ -7.16 30.81%
5Y -8.97 06/2007
05/2012
0.62$ -2.15 0.89$ 3.98 1.21$ 19.19 2.40$ 37.98 08/1982
07/1987
5.00$ -0.05 24.48%
7Y -4.39 10/1994
09/2001
0.73$ -0.05 0.99$ 5.71 1.47$ 15.90 2.80$ 29.89 08/1982
07/1989
6.23$ 1.28 15.38%
10Y -2.63 02/1989
01/1999
0.76$ 0.92 1.09$ 6.79 1.92$ 13.52 3.55$ 16.72 09/1977
08/1987
4.69$ 1.29 8.49%
15Y -0.86 10/1987
09/2002
0.87$ 2.57 1.46$ 7.03 2.77$ 9.97 4.15$ 14.43 01/1975
12/1989
7.55$ 7.69 1.95%
20Y 0.49 03/1989
02/2009
1.10$ 4.69 2.49$ 6.54 3.54$ 8.54 5.15$ 10.26 01/1975
12/1994
7.04$ 4.05 0.00%
30Y 3.22 04/1990
03/2020
2.58$ 4.26 3.49$ 6.79 7.17$ 8.27 10.83$ 9.65 06/1977
05/2007
15.87$ 3.66 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares MSCI EAFE Small-Cap (SCZ) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares MSCI EAFE Small-Cap (SCZ) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.92
20%
-2.07
40%
-2.98
60%
2.37
80%
0.13
60%
-0.50
60%
2.70
80%
-0.17
40%
-3.37
20%
0.57
60%
6.08
80%
4.23
80%
Best 8.3
2023
3.1
2021
2.3
2021
9.6
2020
8.1
2020
4.3
2019
6.6
2022
7.4
2020
3.0
2019
4.4
2022
12.9
2020
7.2
2023
Worst -6.1
2022
-8.9
2020
-17.8
2020
-7.0
2022
-5.7
2019
-10.2
2022
-1.5
2019
-5.9
2022
-11.0
2022
-4.7
2023
-5.7
2021
-0.9
2022
Monthly Seasonality over the period Feb 1975 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.66
50%
-0.49
50%
-0.66
50%
2.18
80%
0.75
70%
-0.88
50%
2.08
80%
-0.56
50%
-1.96
30%
-0.30
60%
2.81
60%
1.78
60%
Best 8.3
2023
7.0
2015
8.2
2016
9.6
2020
8.1
2020
4.3
2019
6.6
2022
7.4
2020
3.1
2016
4.9
2015
12.9
2020
7.2
2023
Worst -6.2
2016
-8.9
2020
-17.8
2020
-7.0
2022
-5.7
2019
-10.2
2022
-3.3
2014
-5.9
2022
-11.0
2022
-9.7
2018
-5.7
2021
-6.6
2018
Monthly Seasonality over the period Feb 1975 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.58
60%
0.90
62%
1.33
69%
2.09
67%
1.04
61%
0.55
51%
0.83
55%
0.45
57%
-0.86
44%
-0.05
55%
1.35
65%
2.17
71%
Best 15.2
1987
10.5
1986
9.7
2009
13.8
2009
15.9
2009
8.7
2000
10.4
2010
12.1
1982
12.0
2010
11.1
1982
12.9
2020
12.0
1991
Worst -11.6
2009
-9.3
2009
-17.8
2020
-7.0
2022
-12.5
2010
-10.2
2022
-6.7
1975
-11.9
1990
-14.7
2008
-23.8
2008
-8.4
1997
-6.6
2018
Monthly Seasonality over the period Feb 1975 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares MSCI EAFE Small-Cap (SCZ) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES MSCI EAFE SMALL-CAP (SCZ) ETF
Monthly Returns Distribution
Data Source: 1 March 1994 - 29 February 2024 (30 Years)
Data Source: 1 January 1975 - 29 February 2024 (~49 years)
205 Positive Months (57%) - 155 Negative Months (43%)
354 Positive Months (60%) - 236 Negative Months (40%)
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(Scroll down to see all data)
Investment Returns, up to December 2007, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

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