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BRAZvsEWZETF Comparison

ETF 1

BRAZ

Global X Brazil Active ETF

This fund is part of

LatAm Blended Cap

-0.8%

Full BRAZ fund page

VS

ETF 2

EWZ

iShares MSCI Brazil ETF

This fund is part of

LatAm Blended Cap

-0.8%

Full EWZ fund page

Global X Brazil Active ETF (BRAZ) and iShares MSCI Brazil ETF (EWZ) belong to the same industry segment: LatAm Blended Cap. In contrast, EWZ's top sector exposures are Finance, Energy and Non-Energy Materials. BRAZ is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.59% for EWZ. BRAZ is up 20.47% year-to-date (YTD) with +$161K in YTD flows. EWZ performs better with 21.03% YTD performance, and +$953M in YTD flows. Run a side-by-side ETF comparison of BRAZ and EWZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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BRAZ vs EWZ performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/11/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	BRAZ EWZ	+11.59%+12.05%	+12.56%+10.40%	+20.47%+21.03%	+33.88%+33.05%	+41.45%+45.30%	n/a+59.85%
Flows	BRAZ EWZ	--$844M	-$295K-$1.54B	+$161K+$953M	+$2M+$1.72B	+$6M+$2.19B	-+$2.98B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	BRAZ EWZ	+21.55%+21.52%	+24.23%+24.38%	+22.20%+23.26%	n/a+26.94%
Max drawdown	BRAZ EWZ	-6.00%-7.95%	-19.73%-19.01%	-30.43%-31.40%	n/a-32.10%
Max drawdown duration	BRAZ EWZ	21d41d	150d150d	684d680d	n/a605d

Trading data

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	BRAZ	EWZ
Last sale 9/11/2026 at 1:30 PM	$32.72	$37.72
Previous close 09/11/2026	$33.08	$38.19
Consolidated volume 09/11/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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BRAZ

is actively managed and doesn’t replicate an index

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	BRAZ	EWZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/11/2026 at 1:30 PM

Live

Closed

	BRAZ	EWZ
Last price	$32.72	$37.72
1D performance	-1.08%	-1.23%
AuM	$10.83 M	$8.69 B
E/R	0.75%	0.59%

Characteristics

	BRAZ	EWZ
Management strategy	Active	Passive
Provider	Global X	iShares
Benchmark	-	MSCI Brazil 25/50 Index
N° of holdings	-	43
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	August 16, 2023	July 10, 2000
ESG	No	No

More BRAZ data on Trackinsight

More EWZ data on Trackinsight

Exposure

Countries

BRAZ

Data will be available soon

EWZ

Brazil

96.76%

Other

3.24%

Sectors

BRAZ

Data will be available soon

EWZ

Finance

36.47%

Energy

15.27%

Non-Energy Materi.

13.62%

Utilities

13.23%

Industrials

7.02%

Other

14.39%

Diversification

BRAZ

Data will be available soon

EWZ

Total weight of top 15 holdings out of 15

69.74%

Top 15 holdings

Data as of January 1, 1970

BRAZ

Data will be available soon

EWZ

Vale SA

10.01%

Nu Holdings Ltd.

9.32%

Itaú Unibanco Holding SA

8.39%

Petróleo Brasileiro SA

6.75%

Petróleo Brasileiro SA

6.51%

Banco Bradesco SA

3.68%

B3 SA-Brasil, Bolsa, Balcão

3.27%

AXIA Energia SA

3.25%

WEG SA

3.12%

Ambev SA

3.02%

Banco BTG Pactual SA

2.72%

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP

2.71%

Itausa SA

2.54%

Embraer SA

2.44%

PRIO SA

2.01%

Frequently asked questions about BRAZ and EWZ

How have the BRAZ and EWZ ETFs performed in 2026?

As of September 11, 2026, BRAZ is up 20.47% year-to-date (YTD), while EWZ has returned 21.03%. That puts EWZ better performer ahead so far this year.

Which ETF is attracting more investor money: BRAZ or EWZ?

Year-to-date, the BRAZ ETF saw +$161K in flows, compared to +$953M for EWZ.

Which ETF is more volatile: BRAZ or EWZ?

Over the past year, BRAZ had a volatility of 24.23%, while EWZ experienced 24.38%.

Which ETF is bigger: BRAZ or EWZ?

As of September 11, 2026, BRAZ holds $10.83 M in assets under management (AUM), while EWZ manages $8.69 B.

EWZ

BRAZvsEWZETF Comparison

Global X Brazil Active ETF

iShares MSCI Brazil ETF

BRAZ vs EWZ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the BRAZ and EWZ ETFs performed in 2026?

As of September 11, 2026, BRAZ is up 20.47% year-to-date (YTD), while EWZ has returned 21.03%. That puts EWZ better performer ahead so far this year.

Which ETF is attracting more investor money: BRAZ or EWZ?

Year-to-date, the BRAZ ETF saw +$161K in flows, compared to +$953M for EWZ.

Which ETF is more volatile: BRAZ or EWZ?

Over the past year, BRAZ had a volatility of 24.23%, while EWZ experienced 24.38%.

Which ETF is bigger: BRAZ or EWZ?

As of September 11, 2026, BRAZ holds $10.83 M in assets under management (AUM), while EWZ manages $8.69 B.

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