Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EWZ vs USFR: how they differ
EWZ and USFR hold 0% of their weight in the same names, and EWZ returned more over the year.
iShares MSCI Brazil ETF and WisdomTree Floating Rate Treasury Fund.
What they hold in common
By the books each fund has filed, EWZ and USFR hold 0% of their money in the same securities at the same weight.
| Only in EWZ | Only in USFR |
|---|---|
| VALE S.A. 11.62% | UNITED STATES OF AMERICA - BUREAU OF THE 28.04% |
| Nu Holdings Ltd. 8.80% | UNITED STATES OF AMERICA - BUREAU OF THE 28.01% |
| Itau Unibanco Holding S.A. 8.57% | UNITED STATES OF AMERICA - BUREAU OF THE 28.00% |
| Petroleo Brasileiro S.A. (Petrobras) 6.77% | UNITED STATES OF AMERICA - BUREAU OF THE 15.95% |
| B3 S.A - Brasil, Bolsa, Balcao 3.61% | |
| AMBEV S.A. 3.23% | |
| WEG S.A. 3.08% | |
| Companhia de Saneamento Basico do Estado 2.90% |
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 | USFR WisdomTree Floating Rate Treasury Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | WisdomTree |
| What it is | MSCI Brazil | Floating Rate Treasury |
| Total return, 1 year | +32.9% | +4.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +15.4 pts | −13.4 pts |
| Expense ratio | 0.59% | 0.15% |
| Holdings | 47 | 4 |
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.
USFR in plain words
USFR is a bond fund tracking the Floating Rate Treasury. Over the year to Sep 11, 2026 it returned +4.1% 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 USFR?
- In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and USFR returned +4.1%, so EWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWZ or USFR?
- EWZ charges 0.59% a year and USFR charges 0.15%, so USFR 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 USFR, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWZ-USFR Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources