EWZS vs IVV
iShares MSCI Brazil Small-Cap ETF vs iShares Core S&P 500 ETF
Which is better, EWZS or IVV?
Small Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. EWZS is less concentrated, with 36.3% of the fund in its ten largest positions against 37.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EWZS | IVV |
|---|---|---|
| Expense Ratio | 0.59% | 0.03%Best |
| AUM | $221M | $876.4B |
| Dividend Yield | 4.00% | 1.06% |
| Holdings | 81 | 508 |
| YTD Return | +2.21% | +12.01%Best |
| 1Y Return | -2.20% | +16.48%Best |
| 3Y Return (annualized) | +1.01% | +21.21%Best |
| 5Y Return (annualized) | -1.39% | +12.95%Best |
| Volatility (annualized) | 33.5% | 14.1%Best |
| Max Drawdown | -81.7% | -33.9%Best |
| $10,000 over 5 years | $9,324 | $18,384Best |
| Top 10 Weight | 36.3%Best | 37.8% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Small Cap Growth | Large Cap Blend |
| Inception | Sep 28, 2010 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2010 to Sep 14, 2026 (16 years).
EWZS vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16 years both funds cover.
EWZS vs IVV Performance
iShares MSCI Brazil Small-Cap ETF (EWZS) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EWZS returned -2.20% while IVV returned +16.48%. Year to date, EWZS is up 2.21% versus a gain of 12.01% for IVV.
Over three years, EWZS compounded at +1.01% per year against +21.21% for IVV; over five years the annualized figures are -1.39% and +12.95% respectively. Across the full 16-year window we track, IVV has the edge at +13.16% annualized vs -2.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EWZS has been the more volatile fund, with annualized monthly volatility of 33.5% compared with 14.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -81.7% for EWZS and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EWZS charges 0.59% per year while IVV charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, EWZS currently yields 4.00% against 1.06% for IVV.
Holdings Overlap
0.1% of EWZS's money is in holdings IVV also owns. 0.1% of IVV's money is in holdings EWZS also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 67 positions we hold weights for in EWZS and 490 in IVV, against full books of 81 and 508.
What only one of them owns
Our book lists 481 positions for IVV that do not appear in our book for EWZS (98.5% of the fund), and 3 for EWZS that do not appear in IVV (3.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EWZS | Weight in IVV | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.07% | 0.15% | 0.08% |
You are not choosing between two funds in isolation.
Whichever of EWZS and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EWZS or IVV?
EWZS has an expense ratio of 0.59% while IVV charges 0.03%. IVV is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, EWZS or IVV?
Over the past year EWZS returned -2.20% vs +16.48% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (16 years), EWZS annualized -2.87% vs +13.16% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EWZS or IVV?
EWZS has been the more volatile fund at 33.5% annualized versus 14.1% for IVV. Worst drawdown: EWZS -81.7% vs IVV -33.9%.
Should I hold both EWZS and IVV?
EWZS and IVV have a monthly-return correlation of 0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EWZS or IVV?
EWZS yields 4.00% while IVV yields 1.06%, so EWZS currently pays the higher dividend yield.
Is IVV better than EWZS?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. EWZS is less concentrated, with 36.3% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.