Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EWZ vs XLV: how they differ
EWZ and XLV hold 0% of their weight in the same names, and EWZ returned more over the year.
iShares MSCI Brazil ETF and State Street(R) Health Care Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, EWZ and XLV hold 0% of their money in the same securities at the same weight.
| Only in EWZ | Only in XLV |
|---|---|
| VALE S.A. 11.62% | Eli Lilly & Co 16.56% |
| Nu Holdings Ltd. 8.80% | Johnson & Johnson 10.67% |
| Itau Unibanco Holding S.A. 8.57% | AbbVie Inc 7.76% |
| Petroleo Brasileiro S.A. (Petrobras) 6.77% | UnitedHealth Group Inc 6.59% |
| B3 S.A - Brasil, Bolsa, Balcao 3.61% | Merck & Co Inc 5.54% |
| AMBEV S.A. 3.23% | Amgen Inc 3.41% |
| WEG S.A. 3.08% | Thermo Fisher Scientific Inc 3.25% |
| Companhia de Saneamento Basico do Estado 2.90% | Abbott Laboratories 2.76% |
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 | XLV State Street(R) Health Care Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI Brazil | Health care |
| Total return, 1 year | +32.9% | +20.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +15.4 pts | +2.9 pts |
| Expense ratio | 0.59% | 0.08% |
| Already in the S&P 500 | 0.0% | 100.0% |
| Holdings | 47 | 59 |
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.
XLV in plain words
XLV is an index equity fund tracking the Health care. Over the year to Sep 11, 2026 it returned +20.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 59 positions, with the top ten at 61.7%. It sat 5.9% below its high of Aug 19, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EWZ or XLV?
- In the year to Sep 12, 2026, with distributions reinvested, EWZ returned +32.9% and XLV returned +20.4%, so EWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWZ or XLV?
- EWZ charges 0.59% a year and XLV charges 0.08%, so XLV is cheaper. Fees come from each fund's prospectus.
- How much do EWZ and XLV overlap with the S&P 500?
- By their latest filed holdings, 0% of EWZ and 100% of XLV 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 XLV, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWZ-XLV Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources