ETF comparison
EWZ vs IEMG
Both International Emerging.
iShares MSCI Brazil ETF · iShares Core MSCI Emerging Markets ETF
Holdings overlap
46 positions appear in both funds. Buying equal dollars of EWZ and IEMG would leave roughly 3.4% of each dollar exposed to the same underlying securities.
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.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
IEMG is 50 bps cheaper than EWZ. On a $100,000 position that's about $500/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 IEMG.
Top shared holdings
46 shared in total| # | Holding | In EWZ | In IEMG | Overlap |
|---|---|---|---|---|
| 1 | VALE S.A. | 11.50% | 0.41% | 0.41% |
| 2 | Nu Holdings Ltd. | 8.71% | 0.31% | 0.31% |
| 3 | Itau Unibanco Holding S.A. | 8.48% | 0.29% | 0.29% |
| 4 | Petroleo Brasileiro S.A. (Petrobras) | 7.28% | 0.26% | 0.26% |
| 5 | Petroleo Brasileiro S.A. (Petrobras) | 6.70% | 0.24% | 0.24% |
| 6 | Banco Bradesco S.A. | 3.33% | 0.13% | 0.13% |
| 7 | B3 S.A - Brasil, Bolsa, Balcao | 3.57% | 0.12% | 0.12% |
| 8 | AMBEV S.A. | 3.19% | 0.10% | 0.10% |
| 9 | ITAUSA S.A. | 2.62% | 0.10% | 0.10% |
| 10 | WEG S.A. | 3.05% | 0.10% | 0.10% |
| 11 | Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP | 2.87% | 0.09% | 0.09% |
| 12 | BANCO BTG PACTUAL S.A. | 2.68% | 0.09% | 0.09% |
Only in EWZ
0 totalEvery EWZ position is also held by IEMG.
Only in IEMG
2,621 total- Taiwan Semiconductor Manufacturing Company Limited 12.49%
- Samsung Electronics Co., Ltd. 6.80%
- SK hynix Inc. 5.82%
- Tencent Holdings Limited 2.37%
- Alibaba Group Holding Limited 1.82%
- MediaTek Inc. 1.42%
- DELTA ELECTRONICS, INC. 1.02%
- HON HAI PRECISION INDUSTRY CO., LTD. 0.79%
- Samsung Electronics Co., Ltd. 0.74%
- CHINA CONSTRUCTION BANK CORPORATION 0.71%
Related comparisons
More comparisons with EWZ
- EWZ vs DFAE · Dimensional Emerging Core Equity Market ETF 2.3%
- EWZ vs SPEM · State Street SPDR Portfolio Emerging Markets ETF 2.0%
- EWZ vs AVES · Avantis Emerging Markets Value ETF 1.3%
- EWZ vs IXUS · iShares Core MSCI Total International Stock ETF 1.2%
- EWZ vs VXUS · Vanguard Total International Stock Index Fund ETF Shares 1.0%
- EWZ vs AVEM · Avantis Emerging Markets Equity ETF 0.9%
More comparisons with IEMG
- IEMG vs FNDC · Schwab Fundamental International Small Equity ETF 2.8%
- IEMG vs ASHR · Xtrackers Harvest CSI 300 China A-Shares ETF 2.7%
- IEMG vs ILF · iShares Latin America 40 ETF 2.6%
- IEMG vs KSA · iShares MSCI Saudi Arabia ETF 2.5%
- IEMG vs JGLO · Jpmorgan Global Select Equity ETF 2.1%
- IEMG vs EWW · iShares MSCI Mexico ETF 1.7%
Percentages are holdings overlap with the named fund.
Open EWZ or IEMG 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.