Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EWZ vs VTWO: how they differ
EWZ and VTWO hold 0% of their weight in the same names, and EWZ returned more over the year.
iShares MSCI Brazil ETF and Vanguard Russell 2000 Index Fund.
What they hold in common
By the books each fund has filed, EWZ and VTWO hold 0% of their money in the same securities at the same weight.
| Holding | EWZ | VTWO |
|---|---|---|
| StoneCo Ltd. | 0.26% | 0.09% |
| Only in EWZ | Only in VTWO |
|---|---|
| VALE S.A. 11.62% | Bloom Energy Corp 1.83% |
| Nu Holdings Ltd. 8.80% | Credo Technology Group Holding Ltd 1.12% |
| Itau Unibanco Holding S.A. 8.57% | Sterling Infrastructure Inc 0.76% |
| Petroleo Brasileiro S.A. (Petrobras) 6.77% | Fabrinet 0.69% |
| B3 S.A - Brasil, Bolsa, Balcao 3.61% | Nextpower Inc 0.67% |
| AMBEV S.A. 3.23% | IonQ Inc 0.63% |
| WEG S.A. 3.08% | Coeur Mining Inc 0.58% |
| Companhia de Saneamento Basico do Estado 2.90% | TTM Technologies Inc 0.52% |
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 | VTWO Vanguard Russell 2000 Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI Brazil | Russell 2000 |
| Total return, 1 year | +32.9% | +21.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +15.4 pts | +3.9 pts |
| Expense ratio | 0.59% | 0.07% |
| Already in the S&P 500 | 0.0% | 0.5% |
| Holdings | 47 | 1951 |
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.
VTWO in plain words
VTWO is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% 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 1951 positions, with the top ten at 7.8%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EWZ or VTWO?
- In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and VTWO returned +21.4%, so EWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWZ or VTWO?
- EWZ charges 0.59% a year and VTWO charges 0.07%, so VTWO is cheaper. Fees come from each fund's prospectus.
- How much do EWZ and VTWO overlap with the S&P 500?
- By their latest filed holdings, 0% of EWZ and 0% of VTWO 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 VTWO, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWZ-VTWO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources