iShares MSCI Brazil ETF (EWZ) belongs to the Latin America Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EWZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EWZ
EWZ charges 0.59% annually. There are 5 ETFs in the Latin America Equities category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin FTSE Latin America ETF | 0.19% | 108.99M | Oct 2018 | EWZ vs FLLA | |
| Franklin FTSE Brazil ETF | 0.19% | 542.95M | Nov 2017 | EWZ vs FLBR | |
| Franklin FTSE Mexico ETF | 0.19% | 83.71M | Nov 2017 | EWZ vs FLMX | |
| iShares Latin American 40 ETF | 0.47% | 3.76B | Oct 2001 | EWZ vs ILF | |
| iShares MSCI Mexico ETF | 0.50% | 1.87B | Mar 1996 | EWZ vs EWW |
Best Risk-Adjusted Alternatives to EWZ
EWZ has a PortfoliosLab risk / return rank of 45. There are 7 ETFs in the Latin America Equities category with higher risk-adjusted ranks, going as high as 82.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Global X MSCI Colombia ETF | 82 | 198.24M | Feb 2009 | EWZ vs COLO | |
| iShares Latin American 40 ETF | 65 | 3.76B | Oct 2001 | EWZ vs ILF | |
| First Trust Latin America AlphaDEX Fund | 64 | 37.40M | Apr 2011 | EWZ vs FLN | |
| Franklin FTSE Latin America ETF | 59 | 108.99M | Oct 2018 | EWZ vs FLLA | |
| Franklin FTSE Brazil ETF | 51 | 542.95M | Nov 2017 | EWZ vs FLBR |
Top Performing EWZ Alternatives (YTD)
EWZ is at 12.45% YTD. There are 5 ETFs in the Latin America Equities category with higher YTD returns, going as high as 22.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X MSCI Colombia ETF | 22.99% | 198.24M | Feb 2009 | EWZ vs COLO | |
| Franklin FTSE Brazil ETF | 17.45% | 542.95M | Nov 2017 | EWZ vs FLBR | |
| First Trust Latin America AlphaDEX Fund | 14.24% | 37.40M | Apr 2011 | EWZ vs FLN | |
| Franklin FTSE Latin America ETF | 13.64% | 108.99M | Oct 2018 | EWZ vs FLLA | |
| iShares Latin American 40 ETF | 13.45% | 3.76B | Oct 2001 | EWZ vs ILF |
Lowest Volatility Alternatives to EWZ
EWZ has 25.01% 1-year volatility. There are 8 ETFs in the Latin America Equities category with lower 1-year volatility, going as low as 18.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| OTG Latin America ETF | 18.97% | 21.64M | May 2019 | EWZ vs OTGL | |
| First Trust Latin America AlphaDEX Fund | 21.21% | 37.40M | Apr 2011 | EWZ vs FLN | |
| Franklin FTSE Latin America ETF | 21.63% | 108.99M | Oct 2018 | EWZ vs FLLA | |
| Franklin FTSE Mexico ETF | 21.78% | 83.71M | Nov 2017 | EWZ vs FLMX | |
| iShares MSCI Mexico ETF | 22.00% | 1.87B | Mar 1996 | EWZ vs EWW |
Lowest Drawdown Alternatives to EWZ
EWZ has a 1-year max drawdown of -19.27%. There are 8 ETFs in the Latin America Equities category with shallower 1-year drawdowns, going as shallow as -13.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Latin America AlphaDEX Fund | -13.10% | 37.40M | Apr 2011 | EWZ vs FLN | |
| OTG Latin America ETF | -13.52% | 21.64M | May 2019 | EWZ vs OTGL | |
| Franklin FTSE Latin America ETF | -13.75% | 108.99M | Oct 2018 | EWZ vs FLLA | |
| iShares Latin American 40 ETF | -13.94% | 3.76B | Oct 2001 | EWZ vs ILF | |
| iShares MSCI Mexico ETF | -13.98% | 1.87B | Mar 1996 | EWZ vs EWW |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $894B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.92% | 97.69B | May 2020 | EWZ vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 1 | -29.06% | 46.82B | Jan 2024 | EWZ vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 93 | 84.03% | 47.60B | Jul 2001 | EWZ vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 66 | 10.46% | 894.38B | May 2000 | EWZ vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 13 | -1.48% | 42.18B | Jul 2002 | EWZ vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 86 | 12.23% | 42.05B | Jun 2014 | EWZ vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 27 | -19.03% | 28.37B | Apr 2006 | EWZ vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 22 | -7.29% | 60.94B | Jan 2005 | EWZ vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 69 | 19.72% | 83.34B | May 2000 | EWZ vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 63 | 10.93% | 33.36B | Mar 2008 | EWZ vs ACWI |
Often Compared With EWZ
Investors most often compare EWZ with EWZS, SPY, IBZL.L. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare EWZ with Any Fund or Stock
Compare EWZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EWZ with funds that move differently
iShares MSCI Brazil ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EWZ.
Explore EWZ Diversifiers