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

In the year to Oct 28, 2026, with distributions reinvested, EWT returned +69.9% and EWZ +13.7%.

Which is cheaper, EWT or EWZ?

Neither: EWT and EWZ both charge 0.59% a year. Fees come from each fund's prospectus.

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

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

Data as of Oct 28, 2026.

Across categories

EWT vs EWZ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWT returned +69.9% to EWZ's +13.7%; 0% of their weight is in the same names.

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Net assets on Oct 28, 2026: $12.0bn for iShares MSCI Taiwan ETF and $10.3bn for iShares MSCI Brazil ETF.

EWT on its own →EWZ on its own →

At a glance

+69.9%

EWT total return, 1 year

+13.7%

EWZ total return, 1 year

0.59%

EWT expense ratio

0.59%

EWZ expense ratio

Pair scorecard

Both cost 0.59% a year; their one-year returns differ by 56.2 points; EWT is 1.2 times larger.

Points (pts) are percentage points.

EWT vs EWZ: Differences, Returns & Fees
Measure	EWT	EWZ
Return
Measure	EWT	EWZ
Total return, 1 year	+69.9%	+13.7%
Drawdown
Measure	EWT	EWZ
Below its high	7.7%, high on Oct 5, 2026	25.4%, high on May 20, 2008
Benchmark
Measure	EWT	EWZ
What it tracks	MSCI Taiwan 25/50 Index	MSCI Brazil 25/50 Index
Cost and size
Measure	EWT	EWZ
Expense ratio	0.59%	0.59%
Net assets	$12.0bn	$10.3bn
Holdings
Measure	EWT	EWZ
Holdings in common	0%
Top ten holdings, share of the fund	47.7%	57.5%

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

Risk and return

Jul 21, 2000 to Oct 23, 2026 · 1,370 weekly returns

EWT EWZ

Return

Total return edge EWT +590.3% +465.4%

Annualized edge EWT +7.6% +6.8%

Price return edge EWT +193.3% +113.0%

Risk

Volatility edge EWT 25.5% 34.7%

Max drawdown edge EWT −61.4% −76.1%

Risk-adjusted

Sharpe edge EWT (slight) 0.35 0.31

Sortino edge EWT (slight) 0.49 0.45

Calmar edge EWT 0.12 0.09

Reading

EWT returned more: +590.3% to +465.4%. EWT swung less: 25.5% to 34.7%. EWT fell less at its worst: −61.4% to −76.1%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: EWT vs EWZ: Differences, Returns & Fees
Measure	EWT	EWZ	Edge	How it is measured
Return
Total return	+590.3%	+465.4%	EWT	Price change plus distributions, reinvested.
Annualized	+7.6%	+6.8%	EWT	Total return as a yearly rate.
Price return	+193.3%	+113.0%	EWT	Price change alone, distributions left out.
Risk
Volatility	25.5%	34.7%	EWT	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	17.9%	24.1%	EWT	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−61.4%	−76.1%	EWT	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.35	0.31	EWT (slight)	Return above Treasury bills per unit of volatility.
Sortino	0.49	0.45	EWT (slight)	Return above Treasury bills per unit of downside deviation.
Calmar	0.12	0.09	EWT	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,370 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, EWT and EWZ hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EWT EWZ

Only in one fund ↓

Only in EWT

TAIWAN SEMICONDUCTOR MANUFACTURING 22.12%

MEDIATEK 6.03%

HON HAI PRECISION INDUSTRY 3.31%

DELTA ELECTRONICS 3.25%

ASE TECHNOLOGY HOLDING 2.86%

NAN YA PLASTICS CORP 2.54%

UNIMICRON TECHNOLOGY 2.04%

ELITE MATERIAL 1.88%

Only in EWZ

NU HOLDINGS CLASS A 8.54%

PETROLEO BRASILEIRO PREF SA 8.45%

CIA VALE DO RIO DOCE SH 8.42%

ITAU UNIBANCO HOLDING PREF SA 8.20%

PETROLEO BRASILEIRO SA PETROBRAS 8.07%

BANCO BRADESCO PREF 3.39%

B3 BRASIL BOLSA BALCAO SA 3.27%

WEG 3.13%

Check overlap with more funds →

Side by side

EWT iShares MSCI Taiwan ETF EWZ iShares MSCI Brazil ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks the MSCI Taiwan Tracks the MSCI Brazil

Total return, 1 year +69.9% +13.7%

Its benchmark over the same days +16.3% (EEM) not measured

Gap to its benchmark +53.6 pts vs EEM not measured

Expense ratio 0.59% 0.59%

Already in the S&P 500 0.0% 0.0%

Holdings 79 59

Net assets $12.0bn $10.3bn

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

Client brief · page 1 of 2 Report BR-9727952AAC

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

What each follows. EWT follows MSCI Taiwan 25/50 Index and EWZ follows MSCI Brazil 25/50 Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 EWT returned +69.9% and EWZ +13.7% with distributions reinvested, a gap of 56.2 points.

Data as of Oct 28, 2026.

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About each fund

EWT

EWT tracks the MSCI Taiwan. Over the year to Oct 28, 2026 it returned +69.9% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. 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 79 positions, with the top ten at 47.7%. It sat 7.7% below its high of Oct 5, 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. 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, EWT or EWZ?: In the year to Oct 28, 2026, with distributions reinvested, EWT returned +69.9% and EWZ +13.7%.
Which is cheaper, EWT or EWZ?: Neither: EWT and EWZ both charge 0.59% a year. Fees come from each fund's prospectus.
How much do EWT and EWZ overlap with the S&P 500?: By their latest filed holdings, 0% of EWT and 0% of EWZ by weight is stocks the S&P 500 already holds.

Other comparisons

EWT vs ILF EWT vs INDA EWT vs FENI EWT vs EZU EWZ vs FXI EWW vs EWZ EWZ vs EZU EWZ vs VPL

Where to next

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

Sources and dates

EWT and EWZ filings on SEC EDGAR ↗

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

iShares page for EWT ↗

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

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