Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EWZ vs XLK: how they differ
EWZ and XLK hold 0% of their weight in the same names, and XLK returned more over the year.
iShares MSCI Brazil ETF and State Street(R) Technology Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, EWZ and XLK hold 0% of their money in the same securities at the same weight.
| Only in EWZ | Only in XLK |
|---|---|
| VALE S.A. 11.62% | NVIDIA Corp 14.66% |
| Nu Holdings Ltd. 8.80% | Apple Inc 12.86% |
| Itau Unibanco Holding S.A. 8.57% | Microsoft Corp 8.38% |
| Petroleo Brasileiro S.A. (Petrobras) 6.77% | Micron Technology Inc 5.42% |
| B3 S.A - Brasil, Bolsa, Balcao 3.61% | Broadcom Inc 5.41% |
| AMBEV S.A. 3.23% | Advanced Micro Devices Inc 5.28% |
| WEG S.A. 3.08% | Intel Corp 3.68% |
| Companhia de Saneamento Basico do Estado 2.90% | Applied Materials Inc 3.20% |
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 | XLK State Street(R) Technology Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI Brazil | Technology |
| Total return, 1 year | +32.9% | +39.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +15.4 pts | +21.7 pts |
| Expense ratio | 0.59% | 0.08% |
| Already in the S&P 500 | 0.0% | 100.0% |
| Holdings | 47 | 74 |
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.
XLK in plain words
XLK is an index equity fund tracking the Technology. Over the year to Sep 11, 2026 it returned +39.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 74 positions, with the top ten at 64.5%. It sat 5.2% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EWZ or XLK?
- In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and XLK returned +39.2%, so XLK returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWZ or XLK?
- EWZ charges 0.59% a year and XLK charges 0.08%, so XLK is cheaper. Fees come from each fund's prospectus.
- How much do EWZ and XLK overlap with the S&P 500?
- By their latest filed holdings, 0% of EWZ and 100% of XLK 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.
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.
Cite this page. ETFIQ, EWZ against XLK, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWZ-XLK Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources