Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DBMF vs EWZ: how they differ
DBMF and EWZ are both equity index funds, and over the year EWZ returned more, +32.9% against +25.4%.
iMGP DBi Managed Futures Strategy ETF and iShares MSCI Brazil ETF.
| DBMF iMGP DBi Managed Futures Strategy ETF | EWZ iShares MSCI Brazil ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iMGP | iShares |
| What it is | iMGP DBi Managed Futures Strategy | MSCI Brazil |
| Total return, 1 year | +25.4% | +32.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +7.9 pts | +15.4 pts |
| Expense ratio | 0.85% | 0.59% |
| Holdings | not filed | 47 |
DBMF in plain words
DBMF is an index equity fund tracking the iMGP DBi Managed Futures Strategy. Over the year to Sep 11, 2026 it returned +25.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.85% a year.
EWZ in plain words
EWZ is an index equity fund tracking the MSCI Brazil. Over the year to Sep 11, 2026 it returned +32.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.59% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 47 positions, with the top ten at 59.3%. It sat 7.6% below its high of Apr 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, DBMF or EWZ?
- In the year to Sep 12, 2026, with distributions reinvested, DBMF returned +25.4% and EWZ returned +32.9%, so EWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DBMF or EWZ?
- DBMF charges 0.85% a year and EWZ charges 0.59%, so EWZ is cheaper. Fees come from each fund's prospectus.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DBMF against EWZ, data as of Sep 12, 2026. https://etfiq.com/compare/any/DBMF-EWZ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources