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ETF comparison

EEM vs EWZ

Both International Emerging.

iShares MSCI Emerging Markets ETF · iShares MSCI Brazil ETF

Holdings overlap

Weighted by ISIN/CUSIP
3.9 %

46 positions appear in both funds. Buying equal dollars of EEM and EWZ would leave roughly 3.9% of each dollar exposed to the same underlying securities.

EEM unmatched 95.7% Shared 3.9% EWZ unmatched 93.3%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In EEM only
1,147 positions
Shared
46 positions
In EWZ only
0 positions

Side by side

EEM

iShares MSCI Emerging Markets ETF

iShares · International Emerging

61 composite / 100
Expense ratio
0.72%
Net assets
$28.25B
TTM yield
1.84%
Top-10 conc.
37.3%
EWZ

iShares MSCI Brazil ETF

iShares · International Emerging

60 composite / 100
Expense ratio
0.59%
Net assets
$9.62B
TTM yield
4.55%
Top-10 conc.
57.2%

Sub-score comparison

28
Cost
41
77
Tax efficiency
71
100
Liquidity
99
61
Concentration
33
—
Tracking quality
—
EEM sub-score EWZ

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

EWZ is 13 bps cheaper than EEM. On a $100,000 position that's about $130/yr more in fees for EEM.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with EEM vs EWZ.

Top shared holdings

46 shared in total
# Holding In EEM In EWZ Overlap
1 VALE S.A. 0.43% 10.12% 0.43%
2 Nu Holdings Ltd. 0.43% 9.45% 0.43%
3 Itau Unibanco Holding S.A. 0.34% 7.66% 0.34%
4 Petroleo Brasileiro S.A. (Petrobras) 0.31% 7.01% 0.31%
5 Petroleo Brasileiro S.A. (Petrobras) 0.29% 6.66% 0.29%
6 Banco Bradesco S.A. 0.14% 3.59% 0.14%
7 B3 S.A - Brasil, Bolsa, Balcao 0.13% 3.35% 0.13%
8 ITAUSA S.A. 0.12% 2.38% 0.12%
9 WEG S.A. 0.12% 3.30% 0.12%
10 AXIA Energia S.A. 0.11% 3.21% 0.11%
11 BANCO BTG PACTUAL S.A. 0.10% 2.60% 0.10%
12 AMBEV S.A. 0.10% 2.81% 0.10%

Only in EEM

1,147 total
  • Taiwan Semiconductor Manufacturing Company Limited 15.03%
  • Samsung Electronics Co., Ltd. 7.16%
  • SK hynix Inc. 5.42%
  • Tencent Holdings Limited 2.87%
  • Alibaba Group Holding Limited 1.94%
  • MediaTek Inc. 1.45%
  • DELTA ELECTRONICS, INC. 0.92%
  • Samsung Electronics Co., Ltd. 0.89%
  • CHINA CONSTRUCTION BANK CORPORATION 0.83%
  • HON HAI PRECISION INDUSTRY CO., LTD. 0.78%

Only in EWZ

0 total

Every EWZ position is also held by EEM.

Percentages are holdings overlap with the named fund.

Open EEM or EWZ at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.