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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

EWZ vs MBB: how they differ

EWZ and MBB hold 0% of their weight in the same names, and EWZ returned more over the year.

iShares MSCI Brazil ETF and iShares MBS ETF.

What they hold in common

By the books each fund has filed, EWZ and MBB hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in EWZOnly in MBB
CIA VALE DO RIO DOCE SH 9.71%BLACKROCK CASH CL INST SL AGENCY 7.26%
NU HOLDINGS CLASS A 9.13%GNMA2 SF 30YR 0.09%
ITAU UNIBANCO HOLDING PREF SA 7.83%GNMA II 30YR SF - JUMBO-CONFORMING 0.08%
PETROLEO BRASILEIRO PREF SA 7.30%GNMA2 SINGLE FAMILY 30YR 0.04%
PETROLEO BRASILEIRO SA PETROBRAS 6.86%GNMA II 30YR 0.03%
BANCO BRADESCO PREF 3.70%GNMA2 30YR TBA(REG C) 0.03%
B3 BRASIL BOLSA BALCAO SA 3.48%UMBS 15YR TBA(REG B) 0.03%
WEG 3.28%FNMA 30YR UMBS MEGA REMIC SUPER 0.02%

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 and MBB on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
EWZ
iShares MSCI Brazil ETF
MBB
iShares MBS ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI BrazilMbs
Total return, 1 year+32.9%−0.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+15.4 pts−17.6 pts
Expense ratio0.59%0.04%
Holdings502599

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.

MBB in plain words

MBB is a bond fund tracking the Mbs. Over the year to Sep 11, 2026 it returned −0.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. It sat 3.3% below its high of Feb 27, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, EWZ or MBB?
In the year to Sep 13, 2026, with distributions reinvested, EWZ returned +32.9% and MBB returned −0.1%, so EWZ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EWZ or MBB?
EWZ charges 0.59% a year and MBB charges 0.04%, so MBB is cheaper. Fees come from each fund's prospectus.

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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.

EWZ against MBB, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EWZ against MBB, data as of Sep 13, 2026. https://etfiq.com/compare/any/ewz-vs-mbb Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources