Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
EWZ vs INDA: how they differ
EWZ and INDA hold 0% of their weight in the same names, and EWZ returned more over the year.
iShares MSCI Brazil ETF and iShares MSCI India ETF.
What they hold in common
By the books each fund has filed, EWZ and INDA hold 0% of their money in the same securities at the same weight.
| Holding | EWZ | INDA |
|---|---|---|
| BLK CSH FND TREASURY SL AGENCY | 0.08% | 2.40% |
| Only in EWZ | Only in INDA |
|---|---|
| CIA VALE DO RIO DOCE SH 9.71% | HDFC BANK 5.82% |
| NU HOLDINGS CLASS A 9.13% | RELIANCE INDUSTRIES LTD 5.49% |
| ITAU UNIBANCO HOLDING PREF SA 7.83% | ICICI BANK 5.39% |
| PETROLEO BRASILEIRO PREF SA 7.30% | BHARTI AIRTEL LTD 3.87% |
| PETROLEO BRASILEIRO SA PETROBRAS 6.86% | INFOSYS 2.37% |
| BANCO BRADESCO PREF 3.70% | AXIS BANK 2.09% |
| B3 BRASIL BOLSA BALCAO SA 3.48% | MAHINDRA AND MAHINDRA LTD 2.03% |
| WEG 3.28% | LARSEN AND TOUBRO LTD 1.99% |
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 Sep 10, 2026.
| EWZ iShares MSCI Brazil ETF | INDA iShares MSCI India ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI Brazil | MSCI India |
| Total return, 1 year | +32.9% | −8.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +15.4 pts | −26.3 pts |
| Expense ratio | 0.59% | 0.61% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 50 | 168 |
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 Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 50 positions, with the top ten at 57.1%. It sat 7.6% below its high of Apr 14, 2026 on Sep 11, 2026.
INDA in plain words
INDA is an index equity fund tracking the MSCI India. Over the year to Sep 11, 2026 it returned −8.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.61% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 168 positions, with the top ten at 33.4%. It sat 17.4% below its high of Sep 26, 2024 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EWZ or INDA?
- In the year to Sep 13, 2026, with distributions reinvested, EWZ returned +32.9% and INDA returned −8.8%, so EWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWZ or INDA?
- EWZ charges 0.59% a year and INDA charges 0.61%, so EWZ is cheaper. Fees come from each fund's prospectus.
- How much do EWZ and INDA overlap with the S&P 500?
- By their latest filed holdings, 0% of EWZ and 0% of INDA 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 INDA, data as of Sep 13, 2026. https://etfiq.com/compare/any/ewz-vs-inda Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources