What is the expense ratio of EWZ vs MCHI?

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

EWZ vs MCHI

iShares MSCI Brazil ETF vs iShares MSCI China ETF

Last updated: 2026-04-02

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

MCHI

iShares MSCI China ETF (MCHI) is an exchange-traded fund that provides exposure to china equity securities. It charges a high expense ratio of 0.59%. The fund offers a moderate dividend yield of 2.27%. Launched in 2011, the fund has a 15-year track record.

AUM: $6.5B ER: 0.59% Yield: 2.27% Since: Mar 29, 2011

Quick Verdict

Over the past year, EWZ has significantly outperformed with a 46.8% return vs 2.7%. Income investors may prefer EWZ for its higher yield (4.3% vs 2.3%).

Key Metrics

Metric	EWZ	MCHI
Expense Ratio	0.59%	0.59%
Dividend Yield	4.3%	2.3%
Fund Family	N/A	N/A
Category	Brazil Equity	China Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

EWZ +14.3%

MCHI -32.6%

Performance Comparison

Period	EWZ	MCHI	Difference
1 Month	-0.70%	-4.29%	+3.59%
3 Months	+19.16%	-10.03%	+29.19%
6 Months	+26.51%	-15.85%	+42.36%
YTD	+19.16%	-10.03%	+29.19%
1 Year	+46.79%	+2.66%	+44.13%
3 Years	+40.60%	+12.27%	+28.33%
5 Years	+14.26%	-32.61%	+46.87%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	EWZ Fees	MCHI 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	EWZ	MCHI
Annualized Volatility	28.5%	30.8%
Max Drawdown	-46.6%	-57.7%
Sharpe Ratio	0.08	-0.25

Dividend Comparison

Metric	EWZ	MCHI
Annual Dividend (per share)	$1.65	$1.27
Dividend Yield	4.30%	2.27%
Distribution Frequency	Quarterly	Semi-Annual or Annual

Top Holdings

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

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%

MCHI Top Holdings

Name	Weight
Tencent Holdings Limited!hkg/0700	15.25%
Alibaba Group Holding Limited!hkg/9988	10.18%
China Construction Bank Corporation!hkg/0939	3.75%
Xiaomi Corporation!hkg/1810	2.74%
PDD Holdings Inc.PDD	2.68%
Industrial and Commercial Bank of China Limited!hkg/1398	2.08%
Meituan!hkg/3690	2.06%
Ping An Insurance (Group) Company of China, Ltd.!hkg/2318	1.92%
BYD Company Limited!hkg/1211	1.90%
Bank of China Limited!hkg/3988	1.67%

Which One Should You Choose?

Choose EWZ 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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