Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EWZ vs VEA: how they differ
EWZ and VEA hold 0% of their weight in the same names, and EWZ returned more over the year.
iShares MSCI Brazil ETF and Vanguard Developed Markets Index Fund.
What they hold in common
By the books each fund has filed, EWZ and VEA hold 0% of their money in the same securities at the same weight.
| Only in EWZ | Only in VEA |
|---|---|
| VALE S.A. 11.62% | ASML Holding NV 2.37% |
| Nu Holdings Ltd. 8.80% | Samsung Electronics Co Ltd 1.56% |
| Itau Unibanco Holding S.A. 8.57% | SK hynix Inc 1.40% |
| Petroleo Brasileiro S.A. (Petrobras) 6.77% | HSBC Holdings PLC 1.01% |
| B3 S.A - Brasil, Bolsa, Balcao 3.61% | Novartis AG 0.91% |
| AMBEV S.A. 3.23% | Royal Bank of Canada 0.90% |
| WEG S.A. 3.08% | AstraZeneca PLC 0.87% |
| Companhia de Saneamento Basico do Estado 2.90% | Nestle SA 0.82% |
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 | VEA Vanguard Developed Markets Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI Brazil | Developed markets ex US |
| Total return, 1 year | +32.9% | +24.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +15.4 pts | +7.0 pts |
| Expense ratio | 0.59% | 0.03% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 47 | 3870 |
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.
VEA in plain words
VEA is an index equity fund tracking the Developed markets ex US. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3870 positions, with the top ten at 13.2%.
Questions people ask
- Which returned more over the last year, EWZ or VEA?
- In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and VEA returned +24.5%, so EWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWZ or VEA?
- EWZ charges 0.59% a year and VEA charges 0.03%, so VEA is cheaper. Fees come from each fund's prospectus.
- How much do EWZ and VEA overlap with the S&P 500?
- By their latest filed holdings, 0% of EWZ and 0% of VEA 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 VEA, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWZ-VEA Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources