Skip to main content

ETF comparison

EWZ vs ILF

Both International Emerging.

iShares MSCI Brazil ETF · iShares Latin America 40 ETF

Holdings overlap

Weighted by ISIN/CUSIP
22.6 %

9 positions appear in both funds. Buying equal dollars of EWZ and ILF would leave roughly 22.6% of each dollar exposed to the same underlying securities.

EWZ unmatched 74.7% Shared 22.6% ILF unmatched 76.3%

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 EWZ only
37 positions
Shared
9 positions
In ILF only
32 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%
ILF

iShares Latin America 40 ETF

iShares · International Emerging

61 composite / 100
Expense ratio
0.47%
Net assets
$3.36B
TTM yield
3.64%
Top-10 conc.
54.6%

Sub-score comparison

41
Cost
53
71
Tax efficiency
73
99
Liquidity
79
33
Concentration
36
—
Tracking quality
—
EWZ sub-score ILF

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

Cost difference

ILF is 12 bps cheaper than EWZ. On a $100,000 position that's about $120/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 ILF.

Top shared holdings

9 shared in total
# Holding In EWZ In ILF Overlap
1 Nu Holdings Ltd. 9.45% 8.17% 8.17%
2 ITAUSA S.A. 2.38% 2.40% 2.38%
3 B3 S.A - Brasil, Bolsa, Balcao 3.35% 2.26% 2.26%
4 Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP 2.47% 2.17% 2.17%
5 WEG S.A. 3.30% 2.13% 2.13%
6 AXIA Energia S.A. 3.21% 1.88% 1.88%
7 Banco do Brasil S.A 1.43% 1.76% 1.43%
8 Localiza Rent a Car S.A. 1.31% 1.11% 1.11%
9 Rede D'Or Sao Luiz S.A. 1.15% 1.08% 1.08%

Only in EWZ

37 total
  • VALE S.A. 10.12%
  • Itau Unibanco Holding S.A. 7.66%
  • Petroleo Brasileiro S.A. (Petrobras) 7.01%
  • Petroleo Brasileiro S.A. (Petrobras) 6.66%
  • Banco Bradesco S.A. 3.59%
  • AMBEV S.A. 2.81%
  • EMBRAER S.A. 2.62%
  • BANCO BTG PACTUAL S.A. 2.60%
  • PRIO S.A. 2.07%
  • EQUATORIAL S.A. 1.76%

Only in ILF

32 total
  • VALE S.A. 8.40%
  • Itau Unibanco Holding S.A. 7.04%
  • Grupo Mexico, S.A.B. de C.V. 5.62%
  • Petroleo Brasileiro S.A. (Petrobras) 5.15%
  • Petroleo Brasileiro S.A. (Petrobras) 4.79%
  • CREDICORP LTD. 4.22%
  • Grupo Financiero Banorte, S.A.B. de C.V. 4.07%
  • America Movil, S.A.B. de C.V. 3.72%
  • Fomento Economico Mexicano, S.A.B. de C.V. 3.40%
  • Banco Bradesco S.A. 2.92%

Percentages are holdings overlap with the named fund.

Open EWZ or ILF 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.