FBZ VS EWZ: A Comprehensive Comparison of ETFs
Exchange-Traded Funds (ETFs) have transformed the investment landscape, providing investors with exposure to diverse sectors and asset classes. In this article, we will conduct a comprehensive comparison between two prominent ETFs: FBZ (First Trust Brazil AlphaDEX Fund) and EWZ (iShares MSCI Brazil ETF). We will delve into various facets, including ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.
FBZ VS EWZ: Overview
FBZ and EWZ are distinct ETFs that offer exposure to the Brazilian equity market. FBZ employs the AlphaDEX methodology to select and weight stocks, aiming to outperform traditional market-cap-weighted indices. On the other hand, EWZ seeks to track the MSCI Brazil 25/50 Index, providing a comprehensive representation of large and mid-cap Brazilian companies. Understanding the differences in their strategies and objectives is essential for informed investment decisions.
FBZ VS EWZ: Sectors and Top Holdings
FBZ's approach involves selecting stocks based on factors such as growth, value, and momentum. As a result, its sector exposure may differ from that of the market-cap-weighted EWZ. EWZ, being an index-tracking ETF, holds a diverse range of sectors, including financials, materials, and consumer staples. Comparing their sector allocations and top holdings helps investors assess potential overlaps and diversification benefits.
FBZ overlap FBZ VS EWZ: A Comprehensive Comparison of ETFs
FBZ VS EWZ: Capitalization and Strategy
FBZ's strategy focuses on stocks with favorable growth and valuation metrics, potentially leading to variations in market capitalization compared to traditional benchmarks. EWZ, as a passive ETF, reflects the market capitalization of its underlying index. Investors should consider their risk tolerance and investment objectives when evaluating the differences in capitalization and strategy between the two ETFs.
FBZ VS EWZ: Tracking and Exposure
FBZ's AlphaDEX methodology seeks to enhance performance by selecting stocks based on multiple factors, leading to a potentially different exposure profile compared to the market index. EWZ, by tracking the MSCI Brazil 25/50 Index, provides investors with broad exposure to Brazilian equities. Understanding the tracking methodologies and resulting exposures aids investors in aligning their investment choices with their goals.
Conclusion
FBZ and EWZ offer unique approaches to investing in the Brazilian equity market. For a comprehensive understanding of their holdings, correlations, overlaps, and other insights, ETF insider serves as a valuable tool. With its user-friendly app, investors can access in-depth information on these and various other financial instruments.
Disclaimer: This article does not provide any investment advisory services.
Sources:
FBZ ETF issuer
FBZ ETF official page
EWZ quote and analysis
Discover the top holdings, correlations, and overlaps of ETFs using our visualization tool.
Our app allows you to build and track your portfolio.
To learn more about the EWZ iShares MSCI Brazil ETF, access our dedicated page now.