ETF comparison

EWZvsFNDE

Both International Emerging.

iShares MSCI Brazil ETF · Schwab Fundamental Emerging Markets Equity ETF

Holdings overlap

Weighted by ISIN/CUSIP
12.3%

24 positions appear in both funds. Buying equal dollars of EWZ and FNDE would leave roughly12.3%of each dollar exposed to the same underlying securities.

EWZ only 86.4%Shared 12.3%FNDE only 87.6%
In EWZ only
22 positions
Shared
24 positions
In FNDE only
331 positions

Side by side

EWZ

iShares MSCI Brazil ETF

iShares · International Emerging

60composite / 100
Expense ratio
0.59%
Net assets
$8.17B
TTM yield
3.80%
Top-10 conc.
58.7%
FNDE

Schwab Fundamental Emerging Markets Equity ETF

Schwab · International Emerging

75composite / 100
Expense ratio
0.39%
Net assets
$10.31B
TTM yield
3.50%
Top-10 conc.
27.4%

Sub-score comparison

41
Cost
61
73
Tax efficiency
74
96
Liquidity
100
30
Concentration
75
Tracking quality
EWZsub-scoreFNDE

Tracking quality isn't part of the composite — seewhat we don't scorefor 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 thecost calculator pre-filled with EWZ vs FNDE.

Top shared holdings

24 shared in total
#HoldingIn EWZIn FNDEOverlap
1VALE S.A.11.50%3.03%3.03%
2Petroleo Brasileiro S.A. (Petrobras)7.28%2.48%2.48%
3Petroleo Brasileiro S.A. (Petrobras)6.70%2.34%2.34%
4Itau Unibanco Holding S.A.8.48%0.68%0.68%
5Vibra Energia S.A.1.40%0.49%0.49%
6Banco do Brasil S.A1.47%0.48%0.48%
7Banco Bradesco S.A.3.33%0.46%0.46%
8GERDAU S.A.1.30%0.43%0.43%
9Ultrapar Participacoes S.A.0.87%0.26%0.26%
10AMBEV S.A.3.19%0.25%0.25%
11SUZANO S.A.1.25%0.16%0.16%
12B3 S.A - Brasil, Bolsa, Balcao3.57%0.15%0.15%

Only in EWZ

22 total
  • Nu Holdings Ltd.8.71%
  • WEG S.A.3.05%
  • BANCO BTG PACTUAL S.A.2.68%
  • ITAUSA S.A.2.62%
  • PRIO S.A.2.16%
  • EMBRAER S.A.2.15%
  • XP Inc.1.31%
  • Rede D'Or Sao Luiz S.A.1.17%
  • BB Seguridade Participacoes S.A.1.07%
  • Raia Drogasil S/A1.07%

Only in FNDE

331 total
  • Taiwan Semiconductor Manufacturing Co Ltd6.48%
  • Hon Hai Precision Industry Co Ltd3.31%
  • Alibaba Group Holding Ltd2.72%
  • China Construction Bank Corp2.38%
  • MediaTek Inc1.80%
  • Tencent Holdings Ltd1.51%
  • JD.com Inc1.38%
  • Industrial & Commercial Bank of China Ltd1.28%
  • PetroChina Co Ltd1.25%
  • ASE Technology Holding Co Ltd1.20%

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 methodologyand 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.