Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

EWZ vs HGER: how they differ

EWZ and HGER hold 0% of their weight in the same names, and HGER returned more over the year.

iShares MSCI Brazil ETF and Harbor Commodity All-Weather Strategy ETF.

What they hold in common

By the books each fund has filed, EWZ and HGER hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in EWZOnly in HGER
VALE S.A. 11.62%United States Treasury 17.98%
Nu Holdings Ltd. 8.80%United States Treasury 17.65%
Itau Unibanco Holding S.A. 8.57%United States Treasury 17.49%
Petroleo Brasileiro S.A. (Petrobras) 6.77%United States Treasury 16.56%
B3 S.A - Brasil, Bolsa, Balcao 3.61%United States Treasury 13.97%
AMBEV S.A. 3.23%United States Treasury 12.50%
WEG S.A. 3.08%United States Treasury 3.85%
Companhia de Saneamento Basico do Estado 2.90%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.

EWZ and HGER on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
EWZ
iShares MSCI Brazil ETF
HGER
Harbor Commodity All-Weather Strategy ETF
Where it sitsCore index fundCore index fund
IssueriSharesHarbor
What it isMSCI BrazilHarbor Commodity All-Weather Strategy
Total return, 1 year+32.9%+52.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+15.4 pts+35.3 pts
Expense ratio0.59%0.68%
Already in the S&P 5000.0%0.0%
Holdings477

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.

HGER in plain words

HGER is an index equity fund tracking the Harbor Commodity All-Weather Strategy. Over the year to Sep 11, 2026 it returned +52.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.68% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 7 positions, with the top ten at 100.0%.

Questions people ask

Which returned more over the last year, EWZ or HGER?
In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and HGER returned +52.8%, so HGER returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EWZ or HGER?
EWZ charges 0.59% a year and HGER charges 0.68%, so EWZ is cheaper. Fees come from each fund's prospectus.
How much do EWZ and HGER overlap with the S&P 500?
By their latest filed holdings, 0% of EWZ and 0% of HGER by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

Other comparisons

Where to next

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.

EWZ against HGER, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EWZ against HGER, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWZ-HGER Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources