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ETF comparison

EWZ vs FNDE

Both International Emerging.

iShares MSCI Brazil ETF · Schwab Fundamental Emerging Markets Equity ETF

Holdings overlap

Weighted by ISIN/CUSIP
11.9 %

24 positions appear in both funds. Buying equal dollars of EWZ and FNDE would leave roughly 11.9% of each dollar exposed to the same underlying securities.

EWZ unmatched 85.4% Shared 11.9% FNDE unmatched 87.5%

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 EWZ only
22 positions
Shared
24 positions
In FNDE only
323 positions

Side by side

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%
FNDE

Schwab Fundamental Emerging Markets Equity ETF

Schwab · International Emerging

76 composite / 100
Expense ratio
0.39%
Net assets
$9.97B
TTM yield
3.67%
Top-10 conc.
26.3%

Sub-score comparison

41
Cost
61
71
Tax efficiency
73
99
Liquidity
100
33
Concentration
77
—
Tracking quality
—
EWZ sub-score FNDE

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

Cost difference

FNDE is 20 bps cheaper than EWZ. On a $100,000 position that's about $200/yr more in fees for EWZ.

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 EWZ vs FNDE.

Top shared holdings

24 shared in total
# Holding In EWZ In FNDE Overlap
1 VALE S.A. 10.12% 2.58% 2.58%
2 Petroleo Brasileiro S.A. (Petrobras) 7.01% 2.49% 2.49%
3 Petroleo Brasileiro S.A. (Petrobras) 6.66% 2.35% 2.35%
4 Itau Unibanco Holding S.A. 7.66% 0.63% 0.63%
5 Banco do Brasil S.A 1.43% 0.54% 0.54%
6 Vibra Energia S.A. 1.55% 0.50% 0.50%
7 Banco Bradesco S.A. 3.59% 0.42% 0.42%
8 GERDAU S.A. 1.30% 0.40% 0.40%
9 Ultrapar Participacoes S.A. 1.12% 0.30% 0.30%
10 AMBEV S.A. 2.81% 0.22% 0.22%
11 SUZANO S.A. 1.29% 0.18% 0.18%
12 AXIA Energia S.A. 3.21% 0.17% 0.17%

Only in EWZ

22 total
  • Nu Holdings Ltd. 9.45%
  • WEG S.A. 3.30%
  • EMBRAER S.A. 2.62%
  • BANCO BTG PACTUAL S.A. 2.60%
  • ITAUSA S.A. 2.38%
  • PRIO S.A. 2.07%
  • XP Inc. 1.41%
  • BB Seguridade Participacoes S.A. 1.17%
  • Rede D'Or Sao Luiz S.A. 1.15%
  • JBS N.V. 1.07%

Only in FNDE

323 total
  • Taiwan Semiconductor Manufacturing Co Ltd 5.86%
  • Alibaba Group Holding Ltd 2.78%
  • Hon Hai Precision Industry Co Ltd 2.71%
  • China Construction Bank Corp 2.60%
  • Tencent Holdings Ltd 1.84%
  • Industrial & Commercial Bank of China Ltd 1.58%
  • JD.com Inc 1.51%
  • MediaTek Inc 1.45%
  • Bank of China Ltd 1.38%
  • PetroChina Co Ltd 1.12%

Percentages are holdings overlap with the named fund.

Open EWZ or FNDE 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.