iShares MSCI EAFE Small-Cap ETF (SCZ) seeks to track the investment results of the MSCI EAFE Small Cap Index, which comprises small-capitalization equities in developed markets excluding the U.S. and Canada; the fund employs a representative sampling strategy to replicate the index's performance through holdings in approximately 2,039 securities across sectors such as industrials, financials, consumer discretionary, and information technology. Sponsored and managed by BlackRock, Inc., via its iShares brand, SCZ offers investors diversified exposure to small-cap companies primarily in Europe, Australasia, and the Far East (EAFE) regions, including countries like Japan, the United Kingdom, Australia, and continental Europe; it features a net expense ratio of 0.40%, daily pricing, and quarterly distributions. Launched on December 10, 2007, and domiciled in the United States with BlackRock serving as investment adviser, the ETF has grown to manage total net assets exceeding $10.8 billion as of late 2025. Recent operational updates include portfolio manager transitions in April 2025, with Peter Sietsema, Matt Waldron, and Steven White joining Jennifer Hsui; the fund reported material changes summarized in its annual report for the period ending July 31, 2024, alongside a surge to a 52-week high in October 2025 amid strong institutional demand. SCZ operates globally through listings on exchanges accessible in markets including the United States, Chile, and Mexico, targeting institutional and retail investors seeking international small-cap equity diversification.