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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
4.6 %

46 positions appear in both funds. Buying equal dollars of EEM and EWZ would leave roughly 4.6% of each dollar exposed to the same underlying securities.

EEM only 95.0% Shared 4.6% EWZ only 94.1%
In EEM only
1,161 positions
Shared
46 positions
In EWZ only
2 positions

Side by side

EEM

iShares MSCI Emerging Markets ETF

iShares · International Emerging

62 composite / 100
Expense ratio
0.72%
Net assets
$30.32B
TTM yield
1.70%
Top-10 conc.
33.1%
EWZ

iShares MSCI Brazil ETF

iShares · International Emerging

60 composite / 100
Expense ratio
0.59%
Net assets
$9.07B
TTM yield
4.08%
Top-10 conc.
57.0%

Sub-score comparison

28
Cost
41
77
Tax efficiency
72
100
Liquidity
98
67
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. 0.53% 11.14% 0.53%
2 Nu Holdings Ltd 0.44% 9.15% 0.44%
3 Itau Unibanco Holding S.A. 0.43% 8.98% 0.43%
4 Petroleo Brasileiro S.A. (Petrobras) 0.30% 6.18% 0.30%
5 Petroleo Brasileiro S.A. (Petrobras) 0.27% 5.55% 0.27%
6 Banco Bradesco S.A. 0.19% 3.61% 0.19%
7 B3 S.A - Brasil, Bolsa, Balcao 0.16% 3.53% 0.16%
8 ITAUSA S.A. 0.14% 2.62% 0.14%
9 WEG S.A. 0.14% 3.12% 0.14%
10 AMBEV S.A. 0.13% 2.90% 0.13%
11 Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP 0.13% 2.85% 0.13%
12 CENTRAIS ELETRICAS BRASILEIRAS SA ELETROBRAS 0.12% 2.79% 0.12%

Only in EEM

1,161 total
  • Taiwan Semiconductor Manufacturing Co., Ltd. 13.14%
  • Samsung Electronics Co., Ltd. 6.07%
  • Tencent Holdings Limited 3.61%
  • SK hynix Inc. 3.45%
  • Alibaba Group Holding Limited 2.66%
  • HDFC BANK LIMITED 0.93%
  • CHINA CONSTRUCTION BANK CORPORATION 0.84%
  • HON HAI PRECISION INDUSTRY CO., LTD. 0.82%
  • RELIANCE INDUSTRIES LIMITED 0.80%
  • MediaTek Inc. 0.80%

Only in EWZ

2 total
  • BlackRock Funds III 0.00%
  • Klabin SA 0.00%

Open EEM or EWZ at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.