ETF Versus

EWT vs EWZ

iShares MSCI Taiwan ETF vs iShares MSCI Brazil ETF

Last updated: 2026-04-02

EWT

iShares MSCI Taiwan ETF (EWT) is an exchange-traded fund that provides exposure to taiwan equity securities. It charges a high expense ratio of 0.59%. The fund offers an attractive dividend yield of 3.93%. Launched in 2000, the fund has a 26-year track record.

AUM: $7.5B ER: 0.59% Yield: 3.93% Since: Jun 20, 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

EWT has edged ahead over the past year (48.8% vs 46.8%).

Key Metrics

Metric EWT EWZ
Expense Ratio 0.59% 0.59%
Dividend Yield 3.9% 4.3%
Fund Family N/A N/A
Category Taiwan Equity Brazil Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

65 78 91 104 117 130 2021-04 2022-06 2023-09 2024-12 2026-04
EWT +18.4%
EWZ +14.3%

Performance Comparison

Period EWT EWZ Difference
1 Month -4.46% -0.70% -3.76%
3 Months +10.73% +19.16% -8.43%
6 Months +10.95% +26.51% -15.56%
YTD +10.73% +19.16% -8.43%
1 Year +48.80% +46.79% +2.01%
3 Years +57.28% +40.60% +16.68%
5 Years +18.41% +14.26% +4.15%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period EWT 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 EWT EWZ
Annualized Volatility 24.1% 28.5%
Max Drawdown -41.3% -46.6%
Sharpe Ratio 0.08 0.08

Dividend Comparison

Metric EWT EWZ
Annual Dividend (per share) $2.82 $1.65
Dividend Yield 3.93% 4.30%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

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

EWT Top Holdings

NameWeight
Taiwan Semiconductor Manufacturing Company Limited!tpe/233021.22%
Delta Electronics, Inc.!tpe/23084.95%
Hon Hai Precision Industry Co., Ltd.!tpe/23173.99%
MediaTek Inc.!tpe/24543.93%
ASE Technology Holding Co., Ltd.!tpe/37112.37%
Elite Material Co., Ltd.!tpe/23832.19%
Accton Technology Corporation!tpe/23452.13%
Unimicron Technology Corp.!tpe/30371.88%
Asia Vital Components Co., Ltd.!tpe/30171.82%
CTBC Financial Holding Co., Ltd.!tpe/28911.79%

EWZ Top Holdings

NameWeight
Vale S.A.!bvmf/VALE310.33%
Nu Holdings Ltd.NU8.81%
Itaú Unibanco Holding S.A.!bvmf/ITUB48.27%
Petróleo Brasileiro S.A. - Petrobras!bvmf/PETR37.33%
B3 S.A. - Brasil, Bolsa, Balcão!bvmf/B3SA33.51%
Banco Bradesco S.A.!bvmf/BBDC43.28%
WEG S.A.!bvmf/WEGE33.09%
Companhia de Saneamento Básico do Estado de São Paulo - SABESP!bvmf/SBSP32.91%
Ambev S.A.!bvmf/ABEV32.72%

Which One Should You Choose?

Choose EWT 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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