FLNvsEWZETF Comparison
VS
First Trust Latin America AlphaDEX Fund ETF (FLN) and iShares MSCI Brazil ETF (EWZ) belong to the same industry segment: LatAm Blended Cap. FLN's top 3 sector exposures are Finance, Utilities and Non-Energy Materials. In contrast, EWZ's top sector exposures are Finance, Non-Energy Materials and Utilities. FLN is more expensive with a Total Expense Ratio (TER) of 0.8%, versus 0.59% for EWZ. FLN is up 17.1% year-to-date (YTD) with +$19M in YTD flows. EWZ performs worse with 16.12% YTD performance, and +$1.82B in YTD flows. Run a side-by-side ETF comparison of FLN 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
FLN vs EWZ performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FLN EWZ | +5.69%+7.13% | -1.73%-6.27% | +17.10%+16.12% | +42.93%+43.76% | +47.50%+28.96% | +76.58%+43.01% |
| Flows | FLN EWZ | +$1M-$340M | +$1M-$1.36B | +$19M+$1.82B | +$17M+$2.55B | -$60M+$3.11B | +$24M+$3.56B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FLN EWZ | +19.33%+23.19% | +20.68%+24.14% | +19.62%+23.31% | +21.44%+27.19% |
| Max drawdown | FLN EWZ | -11.20%-15.28% | -13.17%-19.01% | -24.88%-31.40% | -24.88%-32.10% |
| Max drawdown duration | FLN EWZ | 85d86d | 107d108d | 444d680d | 444d605d |
Trading data
FLN | EWZ | |
Last sale 7/31/2026 at 1:30 PM | $26.11 | $36.65 |
| Previous close 07/31/2026 | $26.08 | $36.53 |
| Consolidated volume 07/31/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of July 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FLN | EWZ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/31/2026 at 1:30 PM
Live
Closed
FLN | EWZ | |
|---|---|---|
| Last price | $26.11 | $36.65 |
| 1D performance | +0.12% | +0.33% |
| AuM | $37.84 M | $9.27 B |
| E/R | 0.8% | 0.59% |
Characteristics
FLN | EWZ | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | iShares |
| Benchmark | NASDAQ AlphaDEX Latin America Index | MSCI Brazil 25/50 Index |
| N° of holdings | 45 | 43 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 18, 2011 | July 10, 2000 |
| ESG | No | No |
Advertisement
Exposure
Countries
FLN
Brazil
44.76%
Mexico
24.72%
Chile
13.39%
Other
17.13%
EWZ
Brazil
96.83%
Other
3.17%
Sectors
FLN
Finance
28.77%
Utilities
16.11%
Non-Energy Materi.
11.91%
Consumer Non-Cycl.
10.43%
Energy
7.95%
Other
24.83%
EWZ
Finance
36.49%
Non-Energy Materi.
14.07%
Utilities
14%
Energy
13.84%
Industrials
7.12%
Other
14.48%
Diversification
FLN
Total weight of top 15 holdings out of 15
46.08%
EWZ
Total weight of top 15 holdings out of 15
69.94%
Top 15 holdings
Data as of June 30, 2026
FLN
Coca-Cola FEMSA SAB de CV
3.77%
Eneva SA
3.70%
Fibra Uno Administración SA de CV
3.64%
Companhia Paranaense de Energia
3.36%
Enel Chile SA
3.17%
Credicorp Ltd.
3.15%
Ultrapar Participaçoes SA
3.14%
Companhia Energética de Minas Gerais SA
2.96%
CEMEX SAB de CV
2.95%
Promotora y Operadora de Infraestructura SA
2.76%
PRIO SA
2.74%
Itaú Unibanco Holding SA
2.70%
Suzano SA
2.70%
Petróleo Brasileiro SA
2.69%
Itausa SA
2.65%
EWZ
Vale SA
10.66%
Nu Holdings Ltd.
9.12%
Itaú Unibanco Holding SA
8.61%
Petróleo Brasileiro SA
6.19%
Petróleo Brasileiro SA
5.83%
Banco Bradesco SA
3.76%
AXIA Energia SA
3.47%
WEG SA
3.25%
Ambev SA
3.20%
B3 SA-Brasil, Bolsa, Balcão
3.16%
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
3.05%
Banco BTG Pactual SA
2.70%
Itausa SA
2.56%
Embraer SA
2.41%
Equatorial SA
1.97%
Frequently asked questions about FLN and EWZ
How have the FLN and EWZ ETFs performed in 2026?
As of July 30, 2026, FLN is up 17.1% year-to-date (YTD), while EWZ has returned 16.12%. That puts FLN better performer ahead so far this year.
Which ETF is attracting more investor money: FLN or EWZ?
Year-to-date, the FLN ETF saw +$19M in flows, compared to +$1.82B for EWZ.
Which ETF is more volatile: FLN or EWZ?
Over the past year, FLN had a volatility of 20.68%, while EWZ experienced 24.14%.
Which ETF is bigger: FLN or EWZ?
As of July 30, 2026, FLN holds $37.84 M in assets under management (AUM), while EWZ manages $9.27 B.
What sectors do the FLN and EWZ ETFs invest in?
FLN leans toward sectors like Finance, Utilities and Non-Energy Materials. Meanwhile, EWZ focuses on Finance, Non-Energy Materials and Utilities.
What are the top holdings of the FLN ETF and EWZ ETF?
FLN top holdings include Coca-Cola FEMSA SAB de CV, Eneva SA and Fibra Uno Administración SA de CV. EWZ holds in its top three: Vale SA, Nu Holdings Ltd. and Itaú Unibanco Holding SA.
Which ETF is more diversified: FLN or EWZ?
FLN holds 46 securities with 46.08% of its assets in the top 15. EWZ has 47 securities and a top 15 weight of 69.94%.
Advertisement
Latest news about FLN & EWZ
Advertisement
