Data as of Oct 28, 2026.
EWZ vs HDV: Differences, Returns & Fees
Over the year to Oct 28, 2026, EWZ returned +13.7% to HDV's +29.4%; 0% of their weight is in the same names.
askIQ about this page
askIQ about EWZ and HDV
Net assets: $10.3bn on Oct 28, 2026 for iShares MSCI Brazil ETF, and $15.9bn on Oct 27, 2026 for iShares Core High Dividend ETF.
Pair scorecard
HDV costs 0.51 points a year less; their one-year returns differ by 15.7 points; HDV is 1.4 times larger.
| Measure | EWZ | HDV |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.7% | +29.4% |
| Drawdown | ||
| Below its high | 25.4%, high on May 20, 2008 | |
| Benchmark | ||
| What it tracks | MSCI Brazil 25/50 Index | Morningstar Dividend Yield Focus Index |
| Cost and size | ||
| Expense ratio | 0.59% | 0.08% |
| Net assets, as of Oct 26, 2026 | $11.3bn | $16.0bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 57.5% | 55.6% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Apr 8, 2011 to Oct 23, 2026 · 811 weekly returnsHDV returned more: +414.1% to +4.6%. HDV swung less: 13.9% to 30.7%. HDV fell less at its worst: −33.4% to −73.7%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | EWZ | HDV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +4.6% | +414.1% | HDV | Price change plus distributions, reinvested. |
| Annualized | +0.3% | +11.1% | HDV | Total return as a yearly rate. |
| Price return | −46.5% | +197.8% | HDV | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 30.7% | 13.9% | HDV | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 21.2% | 9.8% | HDV | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −73.7% | −33.4% | HDV | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.11 | 0.71 | HDV | Return above Treasury bills per unit of volatility. |
| Sortino | 0.16 | 1.00 | HDV | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.00 | 0.33 | HDV | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 811 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, EWZ and HDV hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
EWZ and HDV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
EWZ and HDV do different jobs. What does each one do in a portfolio?
- What each follows. EWZ follows MSCI Brazil 25/50 Index and HDV follows Morningstar Dividend Yield Focus 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 EWZ returned +13.7% and HDV +29.4% with distributions reinvested, a gap of 15.7 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
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.
HDV
HDV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +29.4% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 55.6%.
Questions people ask
- Which returned more over the last year, EWZ or HDV?
- In the year to Oct 28, 2026, with distributions reinvested, EWZ returned +13.7% and HDV +29.4%.
- Which is cheaper, EWZ or HDV?
- HDV is cheaper, by 0.51 percentage points a year. That is about $51 on $10,000 held for a year. Fees come from each fund's prospectus.
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, EWZ against HDV, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewz-vs-hdv
ETFIQ. (Oct 28, 2026). EWZ against HDV. Retrieved from https://etfiq.com/compare/any/ewz-vs-hdv
[EWZ against HDV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ewz-vs-hdv)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.