Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EWZ vs IEF: how they differ
EWZ and IEF hold 0% of their weight in the same names, and EWZ returned more over the year.
iShares MSCI Brazil ETF and iShares 7-10 Year Treasury Bond ETF.
What they hold in common
By the books each fund has filed, EWZ and IEF hold 0% of their money in the same securities at the same weight.
| Only in EWZ | Only in IEF |
|---|---|
| VALE S.A. 11.62% | United States of America 9.71% |
| Nu Holdings Ltd. 8.80% | United States of America 8.94% |
| Itau Unibanco Holding S.A. 8.57% | United States of America 8.91% |
| Petroleo Brasileiro S.A. (Petrobras) 6.77% | United States of America 8.89% |
| B3 S.A - Brasil, Bolsa, Balcao 3.61% | United States of America 8.87% |
| AMBEV S.A. 3.23% | United States of America 8.79% |
| WEG S.A. 3.08% | United States of America 8.69% |
| Companhia de Saneamento Basico do Estado 2.90% | United States of America 8.46% |
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 May 31, 2026.
| EWZ iShares MSCI Brazil ETF | IEF iShares 7-10 Year Treasury Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI Brazil | 7-10 Year Treasury Bond |
| Total return, 1 year | +32.9% | −2.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +15.4 pts | −20.2 pts |
| Expense ratio | 0.59% | 0.15% |
| Holdings | 47 | 15 |
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.
IEF in plain words
IEF is a bond fund tracking the 7-10 Year Treasury Bond. Over the year to Sep 11, 2026 it returned −2.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. It sat 13.3% below its high of Aug 4, 2020 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EWZ or IEF?
- In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and IEF returned −2.7%, so EWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWZ or IEF?
- EWZ charges 0.59% a year and IEF charges 0.15%, so IEF is cheaper. Fees come from each fund's prospectus.
Other comparisons
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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, EWZ against IEF, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWZ-IEF Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources