ETF comparison

EWZ vs ILF

Both International Emerging.

iShares MSCI Brazil ETF · iShares Latin America 40 ETF

Holdings overlap

Weighted by ISIN/CUSIP
24.1 %

9 positions appear in both funds. Buying equal dollars of EWZ and ILF would leave roughly 24.1% of each dollar exposed to the same underlying securities.

EWZ only 74.6% Shared 24.1% ILF only 75.2%
In EWZ only
39 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
$9.07B
TTM yield
4.08%
Top-10 conc.
57.0%
ILF

iShares Latin America 40 ETF

iShares · International Emerging

61 composite / 100
Expense ratio
0.47%
Net assets
$3.74B
TTM yield
3.40%
Top-10 conc.
56.2%

Sub-score comparison

41
Cost
53
72
Tax efficiency
74
98
Liquidity
81
33
Concentration
34
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/Cayman Islands 9.15% 8.50% 8.50%
2 B3 SA - Brasil Bolsa Balcao 3.53% 2.90% 2.90%
3 Itausa SA 2.62% 2.43% 2.43%
4 WEG SA 3.12% 2.24% 2.24%
5 Cia de Saneamento Basico do Estado de Sao Paulo SABESP 2.85% 2.23% 2.23%
6 Banco do Brasil SA 1.77% 1.97% 1.77%
7 Axia Energia 2.79% 1.60% 1.60%
8 Localiza Rent a Car SA 1.81% 1.22% 1.22%
9 Rede D'Or Sao Luiz SA 1.26% 1.17% 1.17%

Only in EWZ

39 total
  • Vale SA 11.14%
  • Itau Unibanco Holding SA 8.98%
  • Petroleo Brasileiro SA - Petrobras 6.18%
  • Petroleo Brasileiro SA - Petrobras 5.55%
  • Banco Bradesco SA 3.61%
  • Ambev SA 2.90%
  • Banco BTG Pactual SA 2.77%
  • Embraer SA 2.46%
  • Equatorial SA 1.93%
  • PRIO SA/Brazil 1.71%

Only in ILF

32 total
  • VALE S.A. 8.83%
  • Itau Unibanco Holding S.A. 7.02%
  • Petroleo Brasileiro S.A. (Petrobras) 6.40%
  • Petroleo Brasileiro S.A. (Petrobras) 5.98%
  • Grupo Mexico, S.A.B. de C.V. 5.16%
  • Grupo Financiero Banorte, S.A.B. de C.V. 4.15%
  • CREDICORP LTD. 3.57%
  • America Movil, S.A.B. de C.V. 3.56%
  • Banco Bradesco S.A. 2.99%
  • Fomento Economico Mexicano, S.A.B. de C.V. 2.89%

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.