What is the expense ratio of EWY vs EWZ?

EWY has an expense ratio of 0.59%, while EWZ has an expense ratio of 0.59%.

EWY vs EWZ

iShares MSCI South Korea ETF vs iShares MSCI Brazil ETF

Last updated: 2026-04-02

iShares MSCI South Korea ETF (EWY) is an exchange-traded fund that provides exposure to south korea equity securities. It charges a high expense ratio of 0.59%. The fund offers a moderate dividend yield of 1.61%. Launched in 2000, the fund has a 26-year track record.

AUM: $15.6B ER: 0.59% Yield: 1.61% Since: May 9, 2000

EWZ

iShares MSCI Brazil ETF (EWZ) is an exchange-traded fund that provides exposure to brazil equity securities. It charges a high expense ratio of 0.59%. The fund offers a high dividend yield of 4.30%. Launched in 2000, the fund has a 26-year track record.

AUM: $9.3B ER: 0.59% Yield: 4.30% Since: Jul 10, 2000

Quick Verdict

Over the past year, EWY has significantly outperformed with a 130.1% return vs 46.8%. Income investors may prefer EWZ for its higher yield (4.3% vs 1.6%).

Key Metrics

Metric	EWY	EWZ
Expense Ratio	0.59%	0.59%
Dividend Yield	1.6%	4.3%
Fund Family	N/A	N/A
Category	South Korea Equity	Brazil Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

EWY +37.4%

EWZ +14.3%

Performance Comparison

Period	EWY	EWZ	Difference
1 Month	-14.45%	-0.70%	-13.75%
3 Months	+23.48%	+19.16%	+4.32%
6 Months	+50.53%	+26.51%	+24.02%
YTD	+23.48%	+19.16%	+4.32%
1 Year	+130.12%	+46.79%	+83.33%
3 Years	+107.39%	+40.60%	+66.79%
5 Years	+37.40%	+14.26%	+23.14%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	EWY Fees	EWZ Fees	You Save
$10.000	10 years	$1.151	$1.151	$0
$10.000	20 years	$4.837	$4.837	$0
$10.000	30 years	$15.249	$15.249	$0
$50.000	10 years	$5.754	$5.754	$0
$50.000	30 years	$76.247	$76.247	$0
$100.000	30 years	$152.494	$152.494	$0

Risk Metrics

Based on 5 years of daily returns

Metric	EWY	EWZ
Annualized Volatility	26.8%	28.5%
Max Drawdown	-49.6%	-46.6%
Sharpe Ratio	0.20	0.08

Dividend Comparison

Metric	EWY	EWZ
Annual Dividend (per share)	$2.04	$1.65
Dividend Yield	1.61%	4.30%
Distribution Frequency	Semi-Annual or Annual	Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

EWY Top Holdings

Name	Weight
Samsung Electronics Co., Ltd.!krx/005930	22.19%
SK hynix Inc.!krx/000660	19.82%
Hyundai Motor Company!krx/005380	2.73%
KB Financial Group Inc.!krx/105560	2.30%
SK Square Co., Ltd.!krx/402340	2.19%
Hanwha Aerospace Co., Ltd.!krx/012450	1.88%
Doosan Enerbility Co., Ltd.!krx/034020	1.83%
Shinhan Financial Group Co., Ltd.!krx/055550	1.69%
Kia Corporation!krx/000270	1.53%
Celltrion, Inc.!krx/068270	1.37%

EWZ Top Holdings

Name	Weight
Vale S.A.!bvmf/VALE3	10.33%
Nu Holdings Ltd.NU	8.81%
Itaú Unibanco Holding S.A.!bvmf/ITUB4	8.27%
Petróleo Brasileiro S.A. - Petrobras!bvmf/PETR3	7.33%
B3 S.A. - Brasil, Bolsa, Balcão!bvmf/B3SA3	3.51%
Banco Bradesco S.A.!bvmf/BBDC4	3.28%
WEG S.A.!bvmf/WEGE3	3.09%
Companhia de Saneamento Básico do Estado de São Paulo - SABESP!bvmf/SBSP3	2.91%
Ambev S.A.!bvmf/ABEV3	2.72%

Which One Should You Choose?

Choose EWY if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose EWZ if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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