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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 XLC: how they differ

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

iShares MSCI Brazil ETF and State Street(R) Communication Services Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, EWZ and XLC 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 XLC
CIA VALE DO RIO DOCE SH 9.71%META PLATFORMS INC CLASS A 18.92%
NU HOLDINGS CLASS A 9.13%ALPHABET INC CL A 10.12%
ITAU UNIBANCO HOLDING PREF SA 7.83%ALPHABET INC CL C 8.10%
PETROLEO BRASILEIRO PREF SA 7.30%AT+T INC 5.19%
PETROLEO BRASILEIRO SA PETROBRAS 6.86%VERIZON COMMUNICATIONS INC 5.03%
BANCO BRADESCO PREF 3.70%WALT DISNEY CO/THE 4.76%
B3 BRASIL BOLSA BALCAO SA 3.48%WARNER BROS DISCOVERY INC 4.61%
WEG 3.28%COMCAST CORP CLASS A 4.61%

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 XLC on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
EWZ
iShares MSCI Brazil ETF
XLC
State Street(R) Communication Services Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssueriSharesState Street
What it isMSCI BrazilCommunication services
Total return, 1 year+32.9%−2.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+15.4 pts−19.5 pts
Expense ratio0.59%0.08%
Already in the S&P 5000.0%100.0%
Holdings5026

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.

XLC in plain words

XLC is an index equity fund tracking the Communication services. Over the year to Sep 11, 2026 it returned −2.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 26 positions, with the top ten at 70.4%. It sat 5.7% below its high of Jan 30, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, EWZ or XLC?
In the year to Sep 13, 2026, with distributions reinvested, EWZ returned +32.9% and XLC returned −2.0%, so EWZ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EWZ or XLC?
EWZ charges 0.59% a year and XLC charges 0.08%, so XLC is cheaper. Fees come from each fund's prospectus.
How much do EWZ and XLC overlap with the S&P 500?
By their latest filed holdings, 0% of EWZ and 100% of XLC 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.

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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 XLC, 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 XLC, data as of Sep 13, 2026. https://etfiq.com/compare/any/ewz-vs-xlc Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources