EWZ vs IXUS: Holdings Overlap
iShares · 47 holdings · $9.2B · as of 2026-05-31
IXUSiShares Core MSCI Total International Stock ETF
iShares · 4190 holdings · $59.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWZ: 2026-05-31, IXUS: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are EWZ and IXUS?
iShares MSCI Brazil ETF (EWZ, by iShares) holds 47 positions; iShares Core MSCI Total International Stock ETF (IXUS, by iShares) holds 4190. They have 46 holdings in common, and by portfolio weight the two funds are 1.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 46EWZ holds 47 · IXUS holds 4190
- Weight in Shared Holdings
- EWZ 99%·IXUS 1%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
Sector Breakdown
| Sector | EWZ | IXUS |
|---|---|---|
| Financials | 32.2% | 18.7% |
| Information Technology | 0.0% | 15.2% |
| Energy | 14.0% | 4.2% |
| Materials | 11.5% | 5.6% |
| Industrials | 4.7% | 10.9% |
| Other Sectors | 12.7% | 23.1% |
| Unclassified | 23.9% | 21.9% |
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 (24% of EWZ, 22% of IXUS).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWZ | +2.0% | +12.3% | +31.6% | +9.6% | +6.8% | +5.7% | 4.14% |
| IXUS | +3.0% | +16.5% | +27.9% | +19.1% | +9.2% | +9.7% | 2.88% |
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 EWZ vs IXUS →
Shared Holdings(46)
The top 10 shared positions account for 61% of the overlap, led by VALE3, NU and ITUB4.
 VALE3Vale SA | 11.50% | 0.14% | 0.14% |
|---|---|---|---|
 NUNU Holdings Ltd/Cayman Islands | 8.71% | 0.12% | 0.12% |
 ITUB4Itau Unibanco Holding SA | 8.48% | 0.11% | 0.11% |
 PETR4Petroleo Brasileiro SA - Petrobras | 7.28% | 0.11% | 0.11% |
 PETR3Petroleo Brasileiro SA - Petrobras | 6.70% | 0.10% | 0.10% |
 BBDC4Banco Bradesco SA | 3.33% | 0.05% | 0.05% |
 B3SA3B3 SA - Brasil Bolsa Balcao | 3.57% | 0.05% | 0.05% |
 SBSP3Cia de Saneamento Basico do Estado de Sao Paulo SABESP | 2.87% | 0.04% | 0.04% |
 ITSA4Itausa SA | 2.62% | 0.04% | 0.04% |
 AXIA3Axia Energia SA | 2.64% | 0.04% | 0.04% |
 WEGE3Weg SA COM NPV | 3.05% | 0.04% | 0.04% |
 BPAC11Banco BTG Pactual SA | 2.68% | 0.03% | 0.03% |
 ABEV3Ambev SA | 3.19% | 0.03% | 0.03% |
 EMBJ3Embraer SA | 2.15% | 0.03% | 0.03% |
 PRIO3PRIO SA/Brazil | 2.16% | 0.02% | 0.02% |
 EQTL3Equatorial SA | 1.94% | 0.02% | 0.02% |
 RENT3Localiza Rent a Car SA | 1.65% | 0.02% | 0.02% |
 XPXP, Inc., Class A | 1.31% | 0.02% | 0.02% |
 VBBR3Vibra Energia SA | 1.40% | 0.02% | 0.02% |
 ENEV3Eneva SA | 0.60% | 0.02% | 0.02% |
 BBAS3Banco do Brasil SA | 1.47% | 0.02% | 0.02% |
 VIVT3Telefonica Brasil SA | 1.20% | 0.01% | 0.01% |
 JBSJBS NV | 1.01% | 0.01% | 0.01% |
 RDOR3Rede D'Or Sao Luiz SA | 1.17% | 0.01% | 0.01% |
 UGPA3Ultrapar Participacoes SA | 0.87% | 0.01% | 0.01% |
Frequently Asked Questions
How much do EWZ and IXUS overlap?
EWZ and IXUS overlap by 1.3% of portfolio weight. They share 46 holdings (EWZ holds 47 positions and IXUS holds 4190), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWZ and IXUS?
The two portfolios are 1.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EWZ and IXUS?
The largest positions held by both funds are VALE3, NU, ITUB4, PETR4 and PETR3. Together the top 10 shared positions account for 61% of the total overlap.
What does EWZ own that IXUS doesn't?
1 positions (0.4% of EWZ) are unique to EWZ, led by PSSA3. In the other direction, 4144 positions (98.4% of IXUS) are unique to IXUS.