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

In the year to Oct 28, 2026, with distributions reinvested, EWZ returned +13.7% and IWD +27.5%.

Which is cheaper, EWZ or IWD?

IWD is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 0% of EWZ and 90% of IWD by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

EWZ vs IWD: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWZ returned +13.7% to IWD's +27.5%; 0% of their weight is in the same names.

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Net assets: $10.3bn on Oct 28, 2026 for iShares MSCI Brazil ETF, and $83.0bn on Oct 27, 2026 for iShares Russell 1000 Value ETF.

EWZ on its own →IWD on its own →

At a glance

+13.7%

EWZ total return, 1 year

+27.5%

IWD total return, 1 year

0.59%

EWZ expense ratio

0.18%

IWD expense ratio

Pair scorecard

IWD costs 0.41 points a year less; their one-year returns differ by 13.8 points; IWD is 7.5 times larger.

EWZ vs IWD: Differences, Returns & Fees
Measure	EWZ	IWD
Return
Measure	EWZ	IWD
Total return, 1 year	+13.7%	+27.5%
Drawdown
Measure	EWZ	IWD
Below its high	25.4%, high on May 20, 2008
Benchmark
Measure	EWZ	IWD
What it tracks	MSCI Brazil 25/50 Index	Russell 1000 Value Index
Cost and size
Measure	EWZ	IWD
Expense ratio	0.59%	0.18%
Net assets, as of Oct 26, 2026	$11.3bn	$84.8bn
Holdings
Measure	EWZ	IWD
Holdings in common	0%
Top ten holdings, share of the fund	57.5%	29.6%

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

What they share

By the books each fund has filed, EWZ and IWD 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 EWZ IWD

XP CLASS A INC 1.37% 0.02%

JBS N V NV CLASS A 1.02% 0.01%

Only in one fund ↓

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%

Only in IWD

APPLE 6.08%

AMAZON.COM INC 5.95%

MICROSOFT 5.21%

BERKSHIRE HATHAWAY INC CLASS B 2.67%

JPMORGAN CHASE & CO 2.37%

EXXONMOBIL HOLDINGS CORP 1.96%

JOHNSON & JOHNSON 1.71%

WALMART 1.26%

Check overlap with more funds →

Side by side

EWZ iShares MSCI Brazil ETF IWD iShares Russell 1000 Value ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks the MSCI Brazil Tracks the Russell 1000 value

Total return, 1 year +13.7% +27.5%

Its benchmark over the same days not measured +27.7% (VONV)

Gap to its benchmark not measured −0.2 pts vs VONV

Expense ratio 0.59% 0.18%

Already in the S&P 500 0.0% 90.0%

Holdings 59 871

Net assets, EWZ as of Oct 28, 2026 and IWD as of Oct 27, 2026 $10.3bn $83.0bn

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

Alert

About each fund

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.

IWD

IWD tracks the Russell 1000 value. Over the year to Oct 28, 2026 it returned +27.5% with distributions reinvested, against +27.7% for its benchmark, the Russell 1000 Value Index. The prospectus expense ratio is 0.18% 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 871 positions, with the top ten at 29.6%.

Questions people ask

Which returned more over the last year, EWZ or IWD?: In the year to Oct 28, 2026, with distributions reinvested, EWZ returned +13.7% and IWD +27.5%.
Which is cheaper, EWZ or IWD?: IWD is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EWZ and IWD overlap with the S&P 500?: By their latest filed holdings, 0% of EWZ and 90% of IWD by weight is stocks the S&P 500 already holds.

Other comparisons

EWZ vs VYM EWZ vs SCHD EWZ vs VTV EWZ vs FNDX ILF vs IWD FENI vs IWD EZU vs IWD IWD vs VPL

Where to next

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

Sources and dates

EWZ filings on SEC EDGAR ↗

EWZ prospectus with the expense ratio (SEC) ↗

iShares page for EWZ ↗

IWD filings on SEC EDGAR ↗

IWD prospectus with the expense ratio (SEC) ↗

iShares page for IWD ↗

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 IWD, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewz-vs-iwd

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