StockComparison Logo
vs

EWZ vs AIRR

Comparison between ISHARES MSCI BRAZIL ETF (EWZ, ETF) and FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF (AIRR, ETF).

5-Year PerformanceAIRR has outperformed EWZ, delivering a return of +24.8% compared to +3.8%

EWZ vs AIRR - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
EWZ
$10B
Winner
AIRR
$11B
Expense Ratio
Winner
EWZ
0.59%
AIRR
0.69%
Max Drawdown
EWZ
82.75%
Winner
AIRR
42.37%
Sharpe Ratio
EWZ
0.99
Winner
AIRR
1.93
5Y Beta
Winner
EWZ
0.72
AIRR
1.25
P/E Ratio
EWZ
N/A
AIRR
38.27
Forward P/E
EWZ
N/A
AIRR
25.31
5Y Dividends CAGR
EWZ
17.67%
Winner
AIRR
45.34%
5Y EPS CAGR
EWZ
N/A
AIRR
22.84%
Debt to Equity
EWZ
N/A
AIRR
36.01%
P/S Ratio
EWZ
N/A
AIRR
2.29
P/B Ratio
EWZ
N/A
AIRR
4.36

EWZ vs AIRR - Holdings Comparison

EWZ and AIRR have 1 common holdings. Overlap is -0.45%

EWZ's top 25 holdings weight is 83.86%. AIRR's top 25 holdings weight is 72.27%.

RankEWZAIRR
#1
VALE SA (n/a) - 11.28%
STERLING INFRASTRUCTURE INC (STRL) - 6.48%
#2
NU HOLDINGS LTD ORDINARY SHARES CLASS A (NU) - 8.70%
COMFORT SYSTEMS USA INC (FIX) - 4.34%
#3
ITAU UNIBANCO HOLDING SA PARTICIPATING PREFERRED (n/a) - 8.11%
SAIA INC (SAIA) - 4.09%
#4
PETROLEO BRASILEIRO SA PETROBRAS PARTICIPATING PREFERRED (n/a) - 6.89%
ARGAN INC (AGX) - 4.07%
#5
PETROLEO BRASILEIRO SA PETROBRAS (n/a) - 6.56%
C.H. ROBINSON WORLDWIDE INC (CHRW) - 4.00%
#6
BANK BRADESCO SA PARTICIPATING PREFERRED (n/a) - 3.67%
EMCOR GROUP INC (EME) - 3.87%
#7
B3 SA BRASIL BOLSA BALCAO (n/a) - 3.56%
MASTEC INC (MTZ) - 3.81%
#8
AMBEV SA (n/a) - 3.26%
DYCOM INDUSTRIES INC (DY) - 3.74%
#9
WEG SA (n/a) - 3.01%
KRATOS DEFENSE & SECURITY SOLUTIONS INC (KTOS) - 3.19%
#10
COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO (n/a) - 2.82%
OWENS-CORNING INC (OC) - 3.05%
#11
BANCO BTG PACTUAL S.A. UNITS CONS OF 1 SH ' 2 PFD SHS -A- (n/a) - 2.66%
BWX TECHNOLOGIES INC (BWXT) - 2.96%
#12
AXIA ENERGIA (n/a) - 2.61%
POWELL INDUSTRIES INC (POWL) - 2.68%
#13
ITAUSA INVESTIMENTOS ITAU SA PARTICIPATING PREFERRED (n/a) - 2.46%
HUNTINGTON INGALLS INDUSTRIES INC (HII) - 2.65%
#14
PRIO SA (n/a) - 2.21%
CLEAN HARBORS INC (CLH) - 2.33%
#15
EMBRAER SA (n/a) - 2.15%
F N B CORP (FNB) - 2.30%
#16
EQUATORIAL SA (n/a) - 1.96%
CORE & MAIN INC CLASS A (CNM) - 2.24%
#17
LOCALIZA RENT A CAR SA (n/a) - 1.64%
KARMAN HOLDINGS INC (KRMN) - 2.13%
#18
BANCO DO BRASIL SA BB BRASIL (n/a) - 1.46%
ADVANCED DRAINAGE SYSTEMS INC (WMS) - 2.05%
#19
VIBRA ENERGIA SA (n/a) - 1.43%
IES HOLDINGS INC (IESC) - 2.01%
#20
GERDAU SA PARTICIPATING PREFERRED (n/a) - 1.34%
KIRBY CORP (KEX) - 1.86%
#21
XP INC CLASS A (XP) - 1.32%
AAON INC (AAON) - 1.83%
#22
SUZANO SA (n/a) - 1.23%
RBC BEARINGS INC (RBC) - 1.72%
#23
TELEFONICA BRASIL SA (n/a) - 1.19%
APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT) - 1.70%
#24
REDE D OR SAO LUIZ SA ORDINARY SHARES (n/a) - 1.18%
SPX TECHNOLOGIES INC (SPXC) - 1.64%
#25
BRL CASH (n/a) - 1.16%
PRIMORIS SERVICES CORP (PRIM) - 1.53%
Total Holdings5654

EWZ vs AIRR - Historical Returns

Returns include dividend reinvestment.

1M
EWZ
-13.88%
Winner
AIRR
-1.14%
3M
EWZ
-9.19%
Winner
AIRR
+13.36%
6M
EWZ
+6.57%
Winner
AIRR
+29.33%
1Y
EWZ
+28.66%
Winner
AIRR
+62.07%
5Y(CAGR)
EWZ
+3.80%
Winner
AIRR
+24.84%
10Y(CAGR)
EWZ
+6.87%
Winner
AIRR
+21.28%
Max(CAGR)
EWZ
+6.15%
Winner
AIRR
+16.80%

EWZ vs AIRR - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

YearEWZAIRR
2026+4.63%+26.30%
2025+47.56%+28.15%
2024-29.28%+34.63%
2023+43.35%+31.64%
2022+15.27%-2.33%
2021-16.14%+35.64%
2020-21.91%+17.89%
2019+19.99%+33.18%
2018-5.44%-20.86%
2017+19.64%+15.55%
2016+70.58%+46.48%
2015-39.75%-8.82%
2014-12.60%-6.57%
2013-19.00%N/A
2012-3.47%N/A
2011-24.86%N/A
2010+4.14%N/A
2009+111.52%N/A
2008-54.44%N/A
2007+75.33%N/A
2006+37.30%N/A
2005+56.74%N/A
2004+31.07%N/A
2003+114.62%N/A
2002-37.59%N/A
2001-19.73%N/A
2000-10.93%N/A

EWZ vs AIRR Drawdown Comparison

The maximum drawdown for EWZ was -77.27%, occurring on Jan 21, 2016. This drawdown has not yet recovered.

The maximum drawdown for AIRR was -42.37%, occurring on Mar 23, 2020. Recovery took 187 trading sessions.

The current EWZ drawdown is -26.00%. The current AIRR drawdown is -2.88%.

RankEWZAIRR
#1-77.27%
May 20, 2008 - Jan 21, 2016		-42.37%
Feb 13, 2020 - Nov 9, 2020
#2-72.20%
Sep 7, 2000 - Jan 12, 2004		-28.40%
Apr 2, 2014 - Aug 23, 2016
#3-33.32%
Jan 12, 2004 - Oct 1, 2004		-28.06%
Sep 21, 2018 - Nov 1, 2019
#4-32.06%
May 9, 2006 - Dec 27, 2006		-27.95%
Nov 25, 2024 - Jul 24, 2025
#5-26.52%
Jul 23, 2007 - Sep 24, 2007		-24.08%
Nov 16, 2021 - Jan 13, 2023
#6-18.43%
Nov 8, 2007 - Feb 25, 2008		-15.47%
Sep 1, 2023 - Dec 13, 2023
#7-17.11%
Mar 4, 2005 - Jul 21, 2005		-14.36%
Mar 3, 2023 - Jun 7, 2023
#8-15.20%
Feb 27, 2008 - Apr 21, 2008		-13.09%
Feb 20, 2026 - Apr 14, 2026
#9-13.94%
Oct 3, 2005 - Nov 23, 2005		-11.06%
Jan 12, 2018 - Aug 21, 2018
#10-13.40%
Feb 22, 2007 - Mar 29, 2007		-10.05%
Jul 31, 2024 - Sep 19, 2024
#11-12.26%
Mar 2, 2006 - Apr 19, 2006		-9.86%
May 7, 2021 - Aug 11, 2021
#12-10.97%
Dec 31, 2004 - Feb 4, 2005		-9.70%
Mar 12, 2021 - May 7, 2021
#13-9.52%
Dec 6, 2005 - Jan 4, 2006		-9.45%
Mar 1, 2017 - Sep 19, 2017
#14-8.15%
Jun 1, 2007 - Jun 15, 2007		-9.28%
Oct 29, 2025 - Dec 10, 2025
#15-7.88%
Aug 10, 2005 - Aug 31, 2005		-9.04%
May 24, 2024 - Jul 16, 2024

Correlation

Correlation between EWZ and AIRR is 0.65 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.65
-101

Dividend Comparison (2000 - 2026)

EWZ vs AIRR dividend yield comparison.

YearEWZAIRR
20260.00%0.05%
20255.19%0.19%
20248.91%0.18%
20235.66%0.23%
202212.59%0.12%
20219.87%0.05%
20201.71%0.10%
20192.54%0.20%
20182.89%0.43%
20171.71%0.30%
20161.81%0.08%
20154.08%0.47%
20143.78%0.38%
20133.22%0.00%
20122.80%0.00%
20112.62%0.00%
20103.63%0.00%
20093.65%0.00%
20086.17%0.00%
20071.49%0.00%
20062.01%0.00%
20051.75%0.00%
20042.07%0.00%
20031.59%0.00%
20021.38%0.00%
20015.02%0.00%
20002.24%0.00%

Select Stocks to Compare

Popular: EWZ vs SPYAIRR vs SPY