Which returned more over the last year, EWZ or SHV?

In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and SHV returned +3.6%, so EWZ returned more. One year is one year; the longer windows are in the table.

Which is cheaper, EWZ or SHV?

EWZ charges 0.59% a year and SHV charges 0.15%, so SHV is cheaper. Fees come from each fund's prospectus.

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 SHV: how they differ

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

iShares MSCI Brazil ETF and iShares 0-1 Year Treasury Bond ETF.

What they hold in common

By the books each fund has filed, EWZ and SHV 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 EWZ	Only in SHV
VALE S.A. 11.62%	United States of America 17.17%
Nu Holdings Ltd. 8.80%	United States of America 12.38%
Itau Unibanco Holding S.A. 8.57%	United States of America 9.88%
Petroleo Brasileiro S.A. (Petrobras) 6.77%	United States of America 8.60%
B3 S.A - Brasil, Bolsa, Balcao 3.61%	United States of America 8.55%
AMBEV S.A. 3.23%	United States of America 8.38%
WEG S.A. 3.08%	United States of America 6.85%
Companhia de Saneamento Basico do Estado 2.90%	United States of America 6.81%

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 and SHV on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	EWZ iShares MSCI Brazil ETF	SHV iShares 0-1 Year Treasury Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	iShares
What it is	MSCI Brazil	0-1 Year Treasury Bond
Total return, 1 year	+32.9%	+3.6%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+15.4 pts	−13.9 pts
Expense ratio	0.59%	0.15%
Holdings	47	13

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.

SHV in plain words

SHV is a bond fund tracking the 0-1 Year Treasury Bond. Over the year to Sep 11, 2026 it returned +3.6% 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.

Questions people ask

Which returned more over the last year, EWZ or SHV?: In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and SHV returned +3.6%, so EWZ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EWZ or SHV?: EWZ charges 0.59% a year and SHV charges 0.15%, so SHV is cheaper. Fees come from each fund's prospectus.

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

A comparison is not a recommendation. Standards and sources