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EWZvsBRAZETF Comparison

ETF 1

EWZ

iShares MSCI Brazil ETF

This fund is part of

LatAm Blended Cap

+1.35%

Full EWZ fund page

VS

ETF 2

BRAZ

Global X Brazil Active ETF

This fund is part of

LatAm Blended Cap

+1.35%

Full BRAZ fund page

iShares MSCI Brazil ETF (EWZ) and Global X Brazil Active ETF (BRAZ) belong to the same industry segment: LatAm Blended Cap. EWZ's top 3 sector exposures are Finance, Energy and Non-Energy Materials. EWZ is less expensive with a Total Expense Ratio (TER) of 0.59%, versus 0.75% for BRAZ. EWZ is up 22.24% year-to-date (YTD) with +$953M in YTD flows. BRAZ performs worse with 21.66% YTD performance, and +$161K in YTD flows. Run a side-by-side ETF comparison of EWZ and BRAZ 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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EWZ vs BRAZ 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 09/08/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	EWZ BRAZ	+9.48%+9.13%	+15.27%+16.87%	+22.24%+21.66%	+36.45%+37.61%	+50.22%+46.03%	+68.08%n/a
Flows	EWZ BRAZ	-$865M-	-$1.77B-$295K	+$953M+$161K	+$1.72B+$2M	+$2.19B+$6M	+$3.08B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	EWZ BRAZ	+21.84%+21.86%	+24.29%+24.14%	+23.29%+22.22%	+26.99%n/a
Max drawdown	EWZ BRAZ	-7.95%-6.00%	-19.01%-19.73%	-31.40%-30.43%	-32.10%n/a
Max drawdown duration	EWZ BRAZ	41d21d	147d147d	680d684d	605dn/a

Trading data

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	EWZ	BRAZ
Last sale 9/9/2026 at 1:30 PM	$38.07	$32.65
Previous close 09/08/2026	$38.61	$33.16
Consolidated volume 09/08/2026
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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	EWZ	BRAZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

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

Live

Closed

	EWZ	BRAZ
Last price	$38.07	$32.65
1D performance	-1.40%	-1.54%
AuM	$8.77 B	$10.94 M
E/R	0.59%	0.75%

Characteristics

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

More EWZ data on Trackinsight

More BRAZ data on Trackinsight

Exposure

Countries

EWZ

Brazil

96.76%

Other

3.24%

BRAZ

Data will be available soon

Sectors

EWZ

Finance

36.47%

Energy

15.27%

Non-Energy Materi.

13.62%

Utilities

13.23%

Industrials

7.02%

Other

14.39%

BRAZ

Data will be available soon

Diversification

EWZ

Total weight of top 15 holdings out of 15

69.74%

BRAZ

Data will be available soon

Top 15 holdings

Data as of July 31, 2026

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%

BRAZ

Data will be available soon

Frequently asked questions about EWZ and BRAZ

How have the EWZ and BRAZ ETFs performed in 2026?

As of September 8, 2026, EWZ is up 22.24% year-to-date (YTD), while BRAZ has returned 21.66%. That puts EWZ better performer ahead so far this year.

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

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

Which ETF is more volatile: EWZ or BRAZ?

Over the past year, EWZ had a volatility of 24.29%, while BRAZ experienced 24.14%.

Which ETF is bigger: EWZ or BRAZ?

As of September 8, 2026, EWZ holds $8.77 B in assets under management (AUM), while BRAZ manages $10.94 M.

BRAZ

EWZvsBRAZETF Comparison

iShares MSCI Brazil ETF

Global X Brazil Active ETF

EWZ vs BRAZ 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 EWZ and BRAZ ETFs performed in 2026?

As of September 8, 2026, EWZ is up 22.24% year-to-date (YTD), while BRAZ has returned 21.66%. That puts EWZ better performer ahead so far this year.

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

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

Which ETF is more volatile: EWZ or BRAZ?

Over the past year, EWZ had a volatility of 24.29%, while BRAZ experienced 24.14%.

Which ETF is bigger: EWZ or BRAZ?

As of September 8, 2026, EWZ holds $8.77 B in assets under management (AUM), while BRAZ manages $10.94 M.

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