ACWV vs EWZ: Holdings Overlap
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
iShares · 47 holdings · $9.2B · as of 2026-05-31
How similar are ACWV and EWZ?
iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412 positions; iShares MSCI Brazil ETF (EWZ, by iShares) holds 47. They have 5 holdings in common, and by portfolio weight the two funds are 0.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5ACWV holds 412 · EWZ holds 47
- Weight in Shared Holdings
- ACWV 0%·EWZ 12%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ACWV
407 of 412 positions (99.0% of the fund) are not held by EWZ. Showing the top 30 by weight.
Only in EWZ
42 of 47 positions (86.8% of the fund) are not held by ACWV. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWV | EWZ |
|---|---|---|
| Financials | 12.9% | 32.2% |
| Information Technology | 24.2% | 0.0% |
| Energy | 2.9% | 14.0% |
| Health Care | 12.5% | 1.2% |
| Communication Services | 11.5% | 0.0% |
| Other Sectors | 30.2% | 27.7% |
| Unclassified | 5.1% | 23.9% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (5% of ACWV, 24% of EWZ).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWV | +3.3% | +7.6% | +9.5% | +11.3% | +6.1% | +7.4% | 1.87% |
| EWZ | +2.0% | +12.3% | +31.6% | +9.6% | +6.8% | +5.7% | 4.14% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ACWV vs EWZ →
Shared Holdings(5)
The top 5 shared positions account for 98% of the overlap, led by VIVT3, TOTS3 and NU.
Frequently Asked Questions
How much do ACWV and EWZ overlap?
ACWV and EWZ overlap by 0.3% of portfolio weight. They share 5 holdings (ACWV holds 412 positions and EWZ holds 47), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWV and EWZ?
The two portfolios are 0.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of ACWV and EWZ?
The largest positions held by both funds are VIVT3, TOTS3, NU, RDOR3 and BRAZIALIAN REAL. Together the top 5 shared positions account for 98% of the total overlap.
What does ACWV own that EWZ doesn't?
407 positions (99.0% of ACWV) are unique to ACWV, led by CSCO, JNJ and TSMWF. In the other direction, 42 positions (86.8% of EWZ) are unique to EWZ.