Data as of Oct 28, 2026.

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EWZ vs XOVR: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EWZ returned +13.7% to XOVR's −3.0%; 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 $2.2bn on Jun 30, 2026 for ERShares Private-Public Crossover ETF.

At a glance
+13.7%
EWZ total return, 1 year
−3.0%
XOVR total return, 1 year
0.59%
EWZ expense ratio
1.81%
XOVR expense ratio

Pair scorecard

EWZ costs 1.22 points a year less; their one-year returns differ by 16.7 points.

EWZ vs XOVR: Differences, Returns & Fees
MeasureEWZXOVR
Return
Total return, 1 year+13.7%−3.0%
Drawdown
Below its high25.4%, high on May 20, 20086.5%, high on Oct 5, 2026
Benchmark
What it tracksMSCI Brazil 25/50 IndexNo index, actively managed
Cost and size
Expense ratio0.59%1.81%
Net assets, EWZ as of Oct 28, 2026 and XOVR as of Jun 30, 2026$10.3bn$2.2bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund57.5%63.1%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, EWZ and XOVR hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EWZ XOVR
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 XOVR
N/A 17.73%
Nvidia Corp 9.47%
Astera Labs Inc 7.75%
Alphabet Inc 6.52%
Meta Platforms Inc 4.47%
Applovin Corp 3.95%
Natera Inc 3.70%
Robinhood Markets Inc 3.55%
Check overlap with more funds →

Side by side

EWZ iShares MSCI Brazil ETF XOVR ERShares Private-Public Crossover ETF
Where it sits Stock ETF Stock ETF
Issuer iShares ERShares
What it is Tracks the MSCI Brazil Actively managed
Total return, 1 year +13.7% −3.0%
Expense ratio 0.59% 1.81%
Already in the S&P 500 0.0% 43.4%
Holdings 59 32
Net assets, EWZ as of Oct 28, 2026 and XOVR as of Jun 30, 2026 $10.3bn $2.2bn

EWZ and XOVR 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.

XOVR

XOVR is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −3.0% with distributions reinvested. The prospectus expense ratio is 1.81% a year. By its holdings filed for Jun 30, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 32 positions, with the top ten at 63.1%. It sat 6.5% below its high of Oct 5, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EWZ or XOVR?
In the year to Oct 28, 2026, with distributions reinvested, EWZ returned +13.7% and XOVR −3.0%.
Which is cheaper, EWZ or XOVR?
EWZ is cheaper, by 1.22 percentage points a year. That is about $122 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EWZ and XOVR overlap with the S&P 500?
By their latest filed holdings, 0% of EWZ and 43% of XOVR by weight is stocks the S&P 500 already holds.
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ETFIQ, EWZ against XOVR, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewz-vs-xovr

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