Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EWZ vs MAGS: how they differ
EWZ and MAGS hold 0% of their weight in the same names, and EWZ returned more over the year.
iShares MSCI Brazil ETF and Roundhill Magnificent Seven ETF.
What they hold in common
By the books each fund has filed, EWZ and MAGS hold 0% of their money in the same securities at the same weight.
| Only in EWZ | Only in MAGS |
|---|---|
| VALE S.A. 11.62% | TREASURY BILL 65.41% |
| Nu Holdings Ltd. 8.80% | Roundhill Ultra Short Duration 8.06% |
| Itau Unibanco Holding S.A. 8.57% | NVIDIA Corp 4.15% |
| Petroleo Brasileiro S.A. (Petrobras) 6.77% | Apple Inc 4.12% |
| B3 S.A - Brasil, Bolsa, Balcao 3.61% | Amazon.com Inc 4.11% |
| AMBEV S.A. 3.23% | Tesla Inc 4.07% |
| WEG S.A. 3.08% | Microsoft Corp 3.62% |
| Companhia de Saneamento Basico do Estado 2.90% | Meta Platforms Inc 3.59% |
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 Jun 30, 2026 and May 31, 2026.
| EWZ iShares MSCI Brazil ETF | MAGS Roundhill Magnificent Seven ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Roundhill |
| What it is | MSCI Brazil | Magnificent Seven |
| Total return, 1 year | +32.9% | +14.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +15.4 pts | −3.1 pts |
| Expense ratio | 0.59% | 0.30% |
| Already in the S&P 500 | 0.0% | 26.5% |
| Holdings | 47 | 9 |
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.
MAGS in plain words
MAGS is an index equity fund tracking the Magnificent Seven. Over the year to Sep 11, 2026 it returned +14.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 26% of the fund by weight is stocks the S&P 500 also holds, across 9 positions, with the top ten at 100.0%.
Questions people ask
- Which returned more over the last year, EWZ or MAGS?
- In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and MAGS returned +14.4%, so EWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWZ or MAGS?
- EWZ charges 0.59% a year and MAGS charges 0.30%, so MAGS is cheaper. Fees come from each fund's prospectus.
- How much do EWZ and MAGS overlap with the S&P 500?
- By their latest filed holdings, 0% of EWZ and 26% of MAGS 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.
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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 MAGS, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWZ-MAGS Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources