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

In the year to Oct 28, 2026, with distributions reinvested, EWZ returned +13.7% and IWF +0.9%.

Which is cheaper, EWZ or IWF?

IWF 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 IWF overlap with the S&P 500?

By their latest filed holdings, 0% of EWZ and 94% of IWF by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

EWZ vs IWF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWZ returned +13.7% to IWF's +0.9%; 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 $124.7bn on Oct 27, 2026 for iShares Russell 1000 Growth ETF.

EWZ on its own →IWF on its own →

At a glance

+13.7%

EWZ total return, 1 year

+0.9%

IWF total return, 1 year

0.59%

EWZ expense ratio

0.18%

IWF expense ratio

Pair scorecard

IWF costs 0.41 points a year less; their one-year returns differ by 12.8 points; IWF is 10.9 times larger.

EWZ vs IWF: Differences, Returns & Fees
Measure	EWZ	IWF
Return
Measure	EWZ	IWF
Total return, 1 year	+13.7%	+0.9%
Drawdown
Measure	EWZ	IWF
Below its high	25.4%, high on May 20, 2008	4.8%, high on Oct 6, 2026
Benchmark
Measure	EWZ	IWF
What it tracks	MSCI Brazil 25/50 Index	Russell 1000 Growth Index
Cost and size
Measure	EWZ	IWF
Expense ratio	0.59%	0.18%
Net assets, as of Oct 26, 2026	$11.3bn	$123.5bn
Holdings
Measure	EWZ	IWF
Holdings in common	0%
Top ten holdings, share of the fund	57.5%	57.5%

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

What they share

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

NU HOLDINGS CLASS A 8.54% 0.13%

AURA MINERALS INC 0.59% 0.01%

Only in one fund ↓

Only in EWZ

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%

AXIA ENERGIA SA 3.08%

Only in IWF

NVIDIA 15.30%

APPLE 8.18%

MICROSOFT 5.94%

ALPHABET CLASS A 5.62%

BROADCOM INC 4.79%

ALPHABET CLASS C 4.53%

TESLA INC 3.58%

META PLATFORMS CLASS A 3.36%

Check overlap with more funds →

Side by side

EWZ iShares MSCI Brazil ETF IWF iShares Russell 1000 Growth ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

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

Total return, 1 year +13.7% +0.9%

Its benchmark over the same days not measured +1.1% (VONG)

Gap to its benchmark not measured −0.2 pts vs VONG

Expense ratio 0.59% 0.18%

Already in the S&P 500 0.0% 93.5%

Holdings 59 374

Net assets, EWZ as of Oct 28, 2026 and IWF as of Oct 27, 2026 $10.3bn $124.7bn

EWZ and IWF 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.

IWF

IWF tracks the Russell 1000 growth. Over the year to Oct 28, 2026 it returned +0.9% with distributions reinvested, against +1.1% for its benchmark, the Russell 1000 Growth Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 374 positions, with the top ten at 57.5%. It sat 4.8% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EWZ or IWF?: In the year to Oct 28, 2026, with distributions reinvested, EWZ returned +13.7% and IWF +0.9%.
Which is cheaper, EWZ or IWF?: IWF 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 IWF overlap with the S&P 500?: By their latest filed holdings, 0% of EWZ and 94% of IWF by weight is stocks the S&P 500 already holds.

Other comparisons

EWZ vs QQQM EWZ vs VUG EWZ vs SCHG EWZ vs QQQ ILF vs IWF FENI vs IWF EZU vs IWF IWF vs VPL

Where to next

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

Sources and dates

EWZ filings on SEC EDGAR ↗

EWZ prospectus with the expense ratio (SEC) ↗

iShares page for EWZ ↗

IWF filings on SEC EDGAR ↗

IWF prospectus with the expense ratio (SEC) ↗

iShares page for IWF ↗

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

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