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Data as of Oct 28, 2026.

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EWZ vs USHY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWZ returned +13.7% to USHY's +1.7%; 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 $26.3bn on Oct 27, 2026 for iShares Broad USD High Yield Corporate Bond ETF.

EWZ on its own →USHY on its own →
At a glance
+13.7%
EWZ total return, 1 year
+1.7%
USHY total return, 1 year
0.59%
EWZ expense ratio
0.08%
USHY expense ratio

Pair scorecard

USHY costs 0.51 points a year less; their one-year returns differ by 12.0 points; USHY is 1.8 times larger.

EWZ vs USHY: Differences, Returns & Fees
MeasureEWZUSHY
Return
Total return, 1 year+13.7%+1.7%
Drawdown
Below its high25.4%, high on May 20, 2008
Benchmark
What it tracksMSCI Brazil 25/50 IndexICE BofA US High Yield Constrained Index
Cost and size
Expense ratio0.59%0.08%
Net assets, as of Oct 23, 2026$14.0bn$25.8bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund57.5%

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

What they share

0%

By the books each fund has filed, EWZ and USHY hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EWZ USHY
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 USHY
1261229 BC LTD 144A 0.48%
ECHOSTAR CORP 0.40%
MERIDIAN ARC HOLDCO LLC 144A 0.36%
PR RNO PROPERTY OWNER 1 LLC 144A 0.31%
SOFTBANK GROUP CORP 144A 0.30%
SOFTBANK GROUP CORP 144A 0.29%
CLOUD SOFTWARE GROUP LLC 144A 0.27%
QUIKRETE HOLDINGS INC 144A 0.27%
Check overlap with more funds →

Side by side

EWZ iShares MSCI Brazil ETF USHY iShares Broad USD High Yield Corporate Bond ETF
Where it sits Stock ETF Bond ETF
Issuer iShares iShares
What it is Tracks the MSCI Brazil Tracks an index of Broad USD High Yield Corporate Bond
Total return, 1 year +13.7% +1.7%
Its benchmark over the same days not measured +1.8% (SPHY)
Gap to its benchmark not measured −0.1 pts vs SPHY
Expense ratio 0.59% 0.08%
Holdings 59 1900
Net assets, EWZ as of Oct 28, 2026 and USHY as of Oct 27, 2026 $10.3bn $26.3bn

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

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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.

USHY

USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the ICE BofA US High Yield Constrained Index, measured by the closely related ICE BofA US High Yield Index. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, EWZ or USHY?
In the year to Oct 28, 2026, with distributions reinvested, EWZ returned +13.7% and USHY +1.7%.
Which is cheaper, EWZ or USHY?
USHY is cheaper, by 0.51 percentage points a year. That is about $51 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
EWZ vs JNKEWZ vs HYGEWZ vs SHYEWZ vs LQDILF vs USHYFENI vs USHYEZU vs USHYUSHY vs VPL
Where to next
EWZ on its own →USHY on its own →Hold both: look the portfolio through →Rankings →EWZ dividend history →EWZ holdings →USHY dividend history →USHY holdings →Standards and sources →
Sources and dates
EWZ filings on SEC EDGAR ↗
EWZ prospectus with the expense ratio (SEC) ↗
iShares page for EWZ ↗
USHY filings on SEC EDGAR ↗
USHY prospectus with the expense ratio (SEC) ↗
iShares page for USHY ↗

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

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