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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 94.8%

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
1,176 positions
Shared
46 positions
In EWZ only
0 positions

Side by side

EEM

iShares MSCI Emerging Markets ETF

iShares · International Emerging

60 composite / 100
Expense ratio
0.72%
Net assets
$31.07B
TTM yield
1.80%
Top-10 conc.
38.8%
EWZ

iShares MSCI Brazil ETF

iShares · International Emerging

60 composite / 100
Expense ratio
0.59%
Net assets
$8.64B
TTM yield
3.44%
Top-10 conc.
58.7%

Sub-score comparison

28
Cost
41
77
Tax efficiency
74
100
Liquidity
97
59
Concentration
30
—
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. 0.46% 11.50% 0.46%
2 Nu Holdings Ltd. 0.35% 8.71% 0.35%
3 Itau Unibanco Holding S.A. 0.34% 8.48% 0.34%
4 Petroleo Brasileiro S.A. (Petrobras) 0.30% 7.28% 0.30%
5 Petroleo Brasileiro S.A. (Petrobras) 0.27% 6.70% 0.27%
6 Banco Bradesco S.A. 0.15% 3.33% 0.15%
7 B3 S.A - Brasil, Bolsa, Balcao 0.13% 3.57% 0.13%
8 AMBEV S.A. 0.12% 3.19% 0.12%
9 ITAUSA S.A. 0.12% 2.62% 0.12%
10 WEG S.A. 0.11% 3.05% 0.11%
11 Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP 0.11% 2.87% 0.11%
12 BANCO BTG PACTUAL S.A. 0.10% 2.68% 0.10%

Only in EEM

1,176 total
  • Taiwan Semiconductor Manufacturing Company Limited 14.26%
  • Samsung Electronics Co., Ltd. 7.76%
  • SK hynix Inc. 6.64%
  • Tencent Holdings Limited 2.71%
  • Alibaba Group Holding Limited 2.08%
  • MediaTek Inc. 1.62%
  • DELTA ELECTRONICS, INC. 1.17%
  • HON HAI PRECISION INDUSTRY CO., LTD. 0.90%
  • Samsung Electronics Co., Ltd. 0.85%
  • CHINA CONSTRUCTION BANK CORPORATION 0.81%

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.