Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
EWZ vs SDY: how they differ
EWZ and SDY hold 0% of their weight in the same names, and EWZ returned more over the year.
iShares MSCI Brazil ETF and State Street(R) SPDR(R) S&P(R) Dividend ETF.
What they hold in common
By the books each fund has filed, EWZ and SDY hold 0% of their money in the same securities at the same weight.
| Only in EWZ | Only in SDY |
|---|---|
| CIA VALE DO RIO DOCE SH 9.71% | VERIZON COMMUNICATIONS INC 3.33% |
| NU HOLDINGS CLASS A 9.13% | ACCENTURE PLC CL A 2.94% |
| ITAU UNIBANCO HOLDING PREF SA 7.83% | REALTY INCOME CORP 2.12% |
| PETROLEO BRASILEIRO PREF SA 7.30% | CHEVRON CORP 2.09% |
| PETROLEO BRASILEIRO SA PETROBRAS 6.86% | PEPSICO INC 1.95% |
| BANCO BRADESCO PREF 3.70% | MEDTRONIC PLC 1.82% |
| B3 BRASIL BOLSA BALCAO SA 3.48% | TARGET CORP 1.74% |
| WEG 3.28% | NIKE INC CL B 1.53% |
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 | SDY State Street(R) SPDR(R) S&P(R) Dividend ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI Brazil | SPDR S&P Dividend |
| Total return, 1 year | +32.9% | +11.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +15.4 pts | −6.5 pts |
| Expense ratio | 0.59% | 0.35% |
| Already in the S&P 500 | 0.0% | 84.6% |
| Holdings | 50 | 157 |
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.
SDY in plain words
SDY is an index equity fund tracking the SPDR S&P Dividend. Over the year to Sep 11, 2026 it returned +11.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Sep 10, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 157 positions, with the top ten at 20.5%. It sat 3.9% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EWZ or SDY?
- In the year to Sep 13, 2026, with distributions reinvested, EWZ returned +32.9% and SDY returned +11.0%, so EWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWZ or SDY?
- EWZ charges 0.59% a year and SDY charges 0.35%, so SDY is cheaper. Fees come from each fund's prospectus.
- How much do EWZ and SDY overlap with the S&P 500?
- By their latest filed holdings, 0% of EWZ and 85% of SDY 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.
Other comparisons
Where to next
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 SDY, data as of Sep 13, 2026. https://etfiq.com/compare/any/ewz-vs-sdy Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources