EPU
iShares MSCI Peru ETF · BlackRock
Country ETFs
1Y Return
+83.5%
Expense Ratio
0.59%
AUM
$544M
Dividend Yield
1.91%
Avg Annual Growth (10Y)
+4.7%
Issuer
BlackRock / iShares

Overview

Single-country exposure to Peru's equity market. Heavily concentrated in mining and financial companies. A direct play on copper and gold — Peru is one of the world's top copper and silver producers.

Top Holdings

TickerHoldingWeight
BAPCredicorp Ltd.18.4%
SCCOSouthern Copper16.8%
BVNBuenaventura12.4%
IFSIntercorp Fin.10.8%
FERREYCFerreycorp8.4%
HOCHochschild Mining6.8%
INRETInRetail Peru5.8%
ALIAlicorp SAA4.8%
BBVAC1BBVA Peru4.4%
RIMACRimac Seguros3.8%

Fund Details

Index
MSCI Peru IMI 25/50
# Holdings
~25
Inception
Jun 2009
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Semi-Annual
Avg Annual Growth (10Y)
+4.7%
Avg Annual Yield (10Y)
2.38%

Investment Thesis

Peru is among the world's top producers of copper, silver, zinc, and gold, making EPU one of the most direct ways to invest in the precious and industrial metals complex through equity. When commodity prices surge, Peruvian mining companies see disproportionate earnings growth due to their low production costs. The financial sector holding through Credicorp adds domestic economic growth exposure.

Who It's For

Investors seeking leveraged exposure to copper and precious metals through the Peruvian equity market, combining mining company operating leverage with direct country exposure. EPU suits those who want a different risk profile than pure metal ETFs, adding financial sector and domestic consumption exposure alongside the mining thesis. Best used as a small satellite position within a broader emerging markets allocation.

10-Year History

Annual Closing Price
YearClose% Chg
2016$28.18--
2017$37.42+32.8%
2018$29.18-22.0%
2019$28.82-1.2%
2020$18.42-36.1%
2021$20.18+9.6%
2022$19.82-1.8%
2023$24.42+23.2%
2024$29.18+19.5%
2025$34.48+18.2%
Annual Dividend Yield
YearYield
20162.62%
20172.38%
20182.82%
20192.62%
20202.28%
20212.08%
20222.52%
20232.28%
20242.08%
20252.12%
Annual AUM
YearAUM% Chg
2016$0.2B--
2017$0.3B+50.0%
2018$0.3B+0.0%
2019$0.3B+0.0%
2020$0.2B-33.3%
2021$0.2B+0.0%
2022$0.3B+50.0%
2023$0.3B+0.0%
2024$0.4B+33.3%
2025$0.4B+0.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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