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EWKvsEZUETF Comparison

ETF 1

EWK

iShares MSCI Belgium ETF

This fund is part of

Europe Blended Cap

+0.77%

Full EWK fund page

VS

ETF 2

EZU

iShares MSCI Eurozone ETF

This fund is part of

Europe Blended Cap

+0.77%

Full EZU fund page

iShares MSCI Belgium ETF (EWK) and iShares MSCI Eurozone ETF (EZU) belong to the same industry segment: Europe Blended Cap. EWK's top 3 sector exposures are Finance, Consumer Non-Cyclicals and Healthcare. In contrast, EZU's top sector exposures are Finance, Industrials and Technology. EWK is less expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.5% for EZU. EWK is up 9.03% year-to-date (YTD) with +$210M in YTD flows. EZU performs worse with 5.33% YTD performance, and +$116M in YTD flows. Run a side-by-side ETF comparison of EWK and EZU 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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EWK vs EZU 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 10/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	EWK EZU	+0.03%-2.92%	-2.96%-2.31%	+9.03%+5.33%	+12.52%+8.70%	+69.64%+76.17%	+36.36%+52.64%
Flows	EWK EZU	+$8M-	+$89M+$129M	+$210M+$116M	+$220M+$351M	+$216M-$78M	+$211M-$746M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	EWK EZU	+13.06%+13.67%	+14.92%+17.99%	+14.78%+16.77%	+17.23%+19.69%
Max drawdown	EWK EZU	-10.37%-9.91%	-15.39%-12.88%	-15.39%-14.55%	-33.15%-36.02%
Max drawdown duration	EWK EZU	56d74d	113d96d	113d44d	1037d830d

Trading data

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	EWK	EZU
Last sale 10/30/2026 at 4:59 PM	$26.20	$65.17
Previous close 10/29/2026	$26.23	$66.23
Consolidated volume 10/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	EWK	EZU
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/30/2026 at 4:59 PM

Live

Closed

	EWK	EZU
Last price	$26.20	$65.17
1D performance	-0.11%	-1.60%
AuM	$246.96 M	$9.29 B
E/R	0.49%	0.5%

Characteristics

	EWK	EZU
Management strategy	Passive	Passive
Provider	iShares	iShares
Benchmark	MSCI Belgium IMI 25/50 Index	MSCI EMU Index
N° of holdings	39	215
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	March 12, 1996	July 25, 2000
ESG	No	No

More EWK data on Trackinsight

More EZU data on Trackinsight

Exposure

Countries

EWK

Belgium

81.92%

Netherlands

17.05%

Other

1.04%

EZU

Germany

24.49%

France

24.18%

Netherlands

19.71%

Spain

11.15%

Italy

9.18%

Other

11.29%

Sectors

EWK

Finance

30.82%

Consumer Non-Cycl.

23.29%

Healthcare

23.13%

Industrials

7.71%

Non-Energy Materi.

7.29%

Other

7.76%

EZU

Finance

27.84%

Industrials

18.66%

Technology

16.88%

Other

36.63%

Diversification

EWK

Total weight of top 15 holdings out of 15

77.94%

EZU

Total weight of top 15 holdings out of 15

39.01%

Top 15 holdings

Data as of September 30, 2026

EWK

Anheuser-Busch InBev NV

19.88%

argenx SE

17.05%

KBC Group NV

7.91%

ageas SA/NV

4.66%

UCB SA

4.30%

Aedifica SA

3.26%

Ackermans & van Haaren NV

2.79%

Syensqo NV

2.59%

Groupe Bruxelles Lambert SA

2.56%

Lotus Bakeries NV

2.47%

Elia Group SA/NV

2.43%

Umicore SA

2.25%

KBC Ancora SCA

2.04%

Sofina SA

1.93%

Warehouses De Pauw SA

1.83%

EZU

ASML Holding NV

9.41%

Siemens AG

3.02%

SAP SE

2.86%

Banco Santander SA

2.67%

Schneider Electric SE

2.44%

Allianz SE

2.40%

TotalEnergies SE

2.23%

Banco Bilbao Vizcaya Argentaria SA

2.11%

Iberdrola SA

1.94%

Safran SA

1.75%

Airbus SE

1.72%

UniCredit SpA

1.71%

Siemens Energy AG

1.68%

Air Liquide SA

1.61%

LVMH Moët Hennessy Louis Vuitton SE

1.47%

Frequently asked questions about EWK and EZU

EWKvsEZUETF Comparison

iShares MSCI Belgium ETF

iShares MSCI Eurozone ETF

EWK vs EZU 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 EWK and EZU ETFs performed in 2026?

As of October 29, 2026, EWK is up 9.03% year-to-date (YTD), while EZU has returned 5.33%. That puts EWK better performer ahead so far this year.

Which ETF is attracting more investor money: EWK or EZU?

Year-to-date, the EWK ETF saw +$210M in flows, compared to +$116M for EZU.

Which ETF is more volatile: EWK or EZU?

Over the past year, EWK had a volatility of 14.92%, while EZU experienced 17.99%.

Which ETF is bigger: EWK or EZU?

As of October 29, 2026, EWK holds $246.96 M in assets under management (AUM), while EZU manages $9.29 B.

What sectors do the EWK and EZU ETFs invest in?

EWK leans toward sectors like Finance, Consumer Non-Cyclicals and Healthcare. Meanwhile, EZU focuses on Finance, Industrials and Technology.

What are the top holdings of the EWK ETF and EZU ETF?

EWK top holdings include Anheuser-Busch InBev NV, argenx SE and KBC Group NV. EZU holds in its top three: ASML Holding NV, Siemens AG and SAP SE.

Which ETF is more diversified: EWK or EZU?

EWK holds 39 securities with 77.94% of its assets in the top 15. EZU has 216 securities and a top 15 weight of 39.01%.

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