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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 TIP: how they differ

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

iShares MSCI Brazil ETF and iShares TIPS Bond ETF.

What they hold in common

By the books each fund has filed, EWZ and TIP 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 TIP
VALE S.A. 11.62%United States of America 4.10%
Nu Holdings Ltd. 8.80%United States of America 4.04%
Itau Unibanco Holding S.A. 8.57%United States of America 3.63%
Petroleo Brasileiro S.A. (Petrobras) 6.77%United States of America 3.44%
B3 S.A - Brasil, Bolsa, Balcao 3.61%United States of America 3.41%
AMBEV S.A. 3.23%United States of America 3.39%
WEG S.A. 3.08%United States of America 3.37%
Companhia de Saneamento Basico do Estado 2.90%United States of America 3.36%

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 TIP on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
EWZ
iShares MSCI Brazil ETF
TIP
iShares TIPS Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI BrazilTIPS Bond
Total return, 1 year+32.9%−1.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+15.4 pts−18.5 pts
Expense ratio0.59%0.18%
Holdings4748

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.

TIP in plain words

TIP is a bond fund tracking the TIPS Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year.

Questions people ask

Which returned more over the last year, EWZ or TIP?
In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and TIP returned −1.0%, so EWZ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EWZ or TIP?
EWZ charges 0.59% a year and TIP charges 0.18%, so TIP 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 TIP, 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 TIP, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWZ-TIP Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources