Which returned more over the last year, EMXC or EWZ?

In the year to Oct 28, 2026, with distributions reinvested, EMXC returned +33.8% and EWZ +13.7%.

Which is cheaper, EMXC or EWZ?

EMXC is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do EMXC and EWZ overlap with the S&P 500?

By their latest filed holdings, 0% of EMXC and 0% of EWZ by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

EMXC vs EWZ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EMXC returned +33.8% to EWZ's +13.7%; 5% of their weight is in the same names.

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Net assets on Oct 28, 2026: $26.9bn for iShares MSCI Emerging Markets ex China ETF and $10.3bn for iShares MSCI Brazil ETF.

EMXC on its own →EWZ on its own →

At a glance

+33.8%

EMXC total return, 1 year

+13.7%

EWZ total return, 1 year

0.25%

EMXC expense ratio

0.59%

EWZ expense ratio

Pair scorecard

EMXC costs 0.34 points a year less; their one-year returns differ by 20.1 points; EMXC is 2.6 times larger.

EMXC vs EWZ: Differences, Returns & Fees
Measure	EMXC	EWZ
Return
Measure	EMXC	EWZ
Total return, 1 year	+33.8%	+13.7%
Drawdown
Measure	EMXC	EWZ
Below its high	11.3%, high on Jun 22, 2026	25.4%, high on May 20, 2008
Benchmark
Measure	EMXC	EWZ
What it tracks	MSCI Emerging Markets ex China Index	MSCI Brazil 25/50 Index
Cost and size
Measure	EMXC	EWZ
Expense ratio	0.25%	0.59%
Net assets	$26.9bn	$10.3bn
Holdings
Measure	EMXC	EWZ
Holdings in common	5%
Top ten holdings, share of the fund	42.2%	57.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Aug 4, 2017 to Oct 23, 2026 · 481 weekly returns

EMXC EWZ

Return

Total return edge EMXC +122.9% +82.7%

Annualized edge EMXC +9.1% +6.7%

Price return edge EMXC +80.5% +11.2%

Risk

Volatility edge EMXC 19.2% 30.8%

Max drawdown edge EMXC −40.7% −54.6%

Risk-adjusted

Sharpe edge EMXC 0.41 0.28

Sortino edge EMXC 0.57 0.41

Calmar edge EMXC 0.22 0.12

Reading

EMXC returned more: +122.9% to +82.7%. EMXC swung less: 19.2% to 30.8%. EMXC fell less at its worst: −40.7% to −54.6%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: EMXC vs EWZ: Differences, Returns & Fees
Measure	EMXC	EWZ	Edge	How it is measured
Return
Total return	+122.9%	+82.7%	EMXC	Price change plus distributions, reinvested.
Annualized	+9.1%	+6.7%	EMXC	Total return as a yearly rate.
Price return	+80.5%	+11.2%	EMXC	Price change alone, distributions left out.
Risk
Volatility	19.2%	30.8%	EMXC	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	13.8%	21.2%	EMXC	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−40.7%	−54.6%	EMXC	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.41	0.28	EMXC	Return above Treasury bills per unit of volatility.
Sortino	0.57	0.41	EMXC	Return above Treasury bills per unit of downside deviation.
Calmar	0.22	0.12	EMXC	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 481 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, EMXC and EWZ hold 5% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

5% in common

Positions both hold · largest shared weight first EMXC EWZ

PETROLEO BRASILEIRO PREF SA 0.50% 8.45%

NU HOLDINGS CLASS A 0.49% 8.54%

CIA VALE DO RIO DOCE SH 0.47% 8.42%

ITAU UNIBANCO HOLDING PREF SA 0.46% 8.20%

PETROLEO BRASILEIRO SA PETROBRAS 0.46% 8.07%

BANCO BRADESCO PREF 0.18% 3.39%

B3 BRASIL BOLSA BALCAO SA 0.16% 3.27%

ITAUSA INVESTIMENTOS ITAU PREF SA 0.16% 2.49%

BCO BTG PACTUAL UNT SA 0.15% 2.94%

AMBEV SA 0.14% 2.99%

WEG 0.14% 3.13%

AXIA ENERGIA SA 0.13% 3.08%

Only in one fund ↓

Only in EMXC

TAIWAN SEMICONDUCTOR MANUFACTURING 19.91%

SAMSUNG ELECTRONICS LTD 8.58%

SK HYNIX 6.12%

MEDIATEK 1.92%

SAMSUNG ELECTRONICS NON VOTING PRE 1.14%

HON HAI PRECISION INDUSTRY 1.02%

DELTA ELECTRONICS 0.99%

HDFC BANK 0.89%

Only in EWZ

BRL/USD 0.00%

Check overlap with more funds →

Side by side

EMXC iShares MSCI Emerging Markets ex China ETF EWZ iShares MSCI Brazil ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks the MSCI Emerging Markets ex China Tracks the MSCI Brazil

Total return, 1 year +33.8% +13.7%

Its benchmark over the same days +37.0% (KEMX) not measured

Gap to its benchmark −3.2 pts vs KEMX not measured

Expense ratio 0.25% 0.59%

Already in the S&P 500 0.0% 0.0%

Holdings 696 59

Net assets $26.9bn $10.3bn

EMXC and EWZ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-ED5ECDA51F

EMXC and EWZ do different jobs. What does each one do in a portfolio?

What each follows. EMXC follows MSCI Emerging Markets ex China Index and EWZ follows MSCI Brazil 25/50 Index.
Holdings in common. 5% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 EMXC returned +33.8% and EWZ +13.7% with distributions reinvested, a gap of 20.1 points.

Data as of Oct 28, 2026.

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About each fund

EMXC

EMXC tracks the MSCI Emerging Markets ex China. Over the year to Oct 28, 2026 it returned +33.8% with distributions reinvested, against +37.0% for its benchmark, the MSCI Emerging Markets ex China Index. The prospectus expense ratio is 0.25% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 696 positions, with the top ten at 42.2%. It sat 11.3% below its high of Jun 22, 2026 on Oct 28, 2026.

EWZ

EWZ tracks the MSCI Brazil. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested. The prospectus expense ratio is 0.59% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 57.5%. It sat 25.4% below its high of May 20, 2008 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EMXC or EWZ?: In the year to Oct 28, 2026, with distributions reinvested, EMXC returned +33.8% and EWZ +13.7%.
Which is cheaper, EMXC or EWZ?: EMXC is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EMXC and EWZ overlap with the S&P 500?: By their latest filed holdings, 0% of EMXC and 0% of EWZ by weight is stocks the S&P 500 already holds.

Other comparisons

EMXC vs ILF EMXC vs IEFA EMXC vs VEA EMXC vs FENI EWZ vs VWO EWZ vs IEMG AVEM vs EWZ EEM vs EWZ

Where to next

EMXC on its own →EWZ on its own →Hold both: look the portfolio through →Rankings →EMXC dividend history →EMXC holdings →EWZ dividend history →EWZ holdings →Standards and sources →

Sources and dates

EMXC and EWZ filings on SEC EDGAR ↗

EMXC and EWZ prospectus with the expense ratio (SEC) ↗

iShares page for EMXC ↗

iShares page for EWZ ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, EMXC against EWZ, data as of Oct 28, 2026. https://etfiq.com/compare/any/emxc-vs-ewz

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.