EWZ vs VYMI: Holdings Overlap
iShares · 47 holdings · $9.2B · as of 2026-05-31
VYMIVanguard International High Dividend Yield Index Fund
Vanguard · 1583 holdings · $21.1B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWZ: 2026-05-31, VYMI: 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 VYMI?
iShares MSCI Brazil ETF (EWZ, by iShares) holds 47 positions; Vanguard International High Dividend Yield Index Fund (VYMI, by Vanguard) holds 1583. They have 30 holdings in common, and by portfolio weight the two funds are 2.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 30EWZ holds 47 · VYMI holds 1583
- Weight in Shared Holdings
- EWZ 72%·VYMI 2%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 EWZ
17 of 47 positions (27.1% of the fund) are not held by VYMI.
Sector Breakdown
| Sector | EWZ | VYMI |
|---|---|---|
| Financials | 32.2% | 36.6% |
| Energy | 14.0% | 8.5% |
| Materials | 11.5% | 5.3% |
| Utilities | 8.1% | 4.6% |
| Health Care | 1.2% | 6.1% |
| Other Sectors | 8.1% | 21.1% |
| Unclassified | 23.9% | 16.5% |
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, 17% of VYMI).
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% |
| VYMI | +5.1% | +19.1% | +32.7% | +23.0% | +14.2% | +11.1% | 3.43% |
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 VYMI →
Shared Holdings(30)
The top 10 shared positions account for 72% of the overlap, led by VALE3, ITUB4 and PETR4.
 VALE3Vale SA | 11.50% | 0.32% | 0.32% |
|---|---|---|---|
 ITUB4Itau Unibanco Holding SA | 8.48% | 0.24% | 0.24% |
 PETR4Petroleo Brasileiro SA - Petrobras | 7.28% | 0.24% | 0.24% |
 PETR3Petroleo Brasileiro SA - Petrobras | 6.70% | 0.22% | 0.22% |
 B3SA3B3 SA - Brasil Bolsa Balcao | 3.57% | 0.10% | 0.10% |
 ITSA4Itausa SA | 2.62% | 0.09% | 0.09% |
 BBDC3Banco Bradesco SA | 0.59% | 0.09% | 0.09% |
 SBSP3Cia de Saneamento Basico do Estado de Sao Paulo SABESP | 2.87% | 0.08% | 0.08% |
 BPAC11Banco BTG Pactual SA | 2.68% | 0.08% | 0.08% |
 AXIA3Axia Energia SA | 2.64% | 0.08% | 0.08% |
 ABEV3Ambev SA | 3.19% | 0.07% | 0.07% |
 BBDC4Banco Bradesco SA | 3.33% | 0.07% | 0.07% |
 RENT3Localiza Rent a Car SA | 1.65% | 0.04% | 0.04% |
 BBAS3Banco do Brasil SA | 1.47% | 0.04% | 0.04% |
 VBBR3Vibra Energia SA | 1.40% | 0.04% | 0.04% |
 RDOR3Rede D'Or Sao Luiz SA | 1.17% | 0.04% | 0.04% |
 VIVT3Telefonica Brasil SA | 1.20% | 0.03% | 0.03% |
 CPLE3Cia Paranaense de Energia - Copel | 0.75% | 0.03% | 0.03% |
 GGBR4Gerdau SA | 1.30% | 0.03% | 0.03% |
 BBSE3BB Seguridade Participacoes SA | 1.07% | 0.02% | 0.02% |
 CMIG4Cia Energetica de Minas Gerais | 0.84% | 0.02% | 0.02% |
 UGPA3Ultrapar Participacoes SA | 0.87% | 0.02% | 0.02% |
 TIMS3TIM SA/Brazil | 0.84% | 0.02% | 0.02% |
 MOTV3Motiva Infraestrutura de Mobilidade SA | 0.67% | 0.02% | 0.02% |
 AXIA6Axia Energia SA | 0.65% | 0.02% | 0.02% |
Frequently Asked Questions
How much do EWZ and VYMI overlap?
EWZ and VYMI overlap by 2.1% of portfolio weight. They share 30 holdings (EWZ holds 47 positions and VYMI holds 1583), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWZ and VYMI?
The two portfolios are 2.1% 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 VYMI?
The largest positions held by both funds are VALE3, ITUB4, PETR4, PETR3 and B3SA3. Together the top 10 shared positions account for 72% of the total overlap.
What does EWZ own that VYMI doesn't?
17 positions (27.1% of EWZ) are unique to EWZ, led by NU, WEGE3 and PRIO3. In the other direction, 1553 positions (96.5% of VYMI) are unique to VYMI.