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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 IAU: how they differ

EWZ is an equity index fund and IAU a commodity fund, and over the year EWZ returned more, +32.9% against +19.2%.

iShares MSCI Brazil ETF and iShares Gold Trust.

EWZ and IAU on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
EWZ
iShares MSCI Brazil ETF
IAU
iShares Gold Trust
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI BrazilGold
Total return, 1 year+32.9%+19.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+15.4 pts+1.7 pts
Expense ratio0.59%0.25%
Holdings47not filed

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.

IAU in plain words

IAU is a commodity fund tracking the Gold. Over the year to Sep 11, 2026 it returned +19.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 19.6% below its high of Jan 29, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, EWZ or IAU?
In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and IAU returned +19.2%, so EWZ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EWZ or IAU?
EWZ charges 0.59% a year and IAU charges 0.25%, so IAU 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.

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

A comparison is not a recommendation. Standards and sources