ETF comparison
ICLN vs EWZ overlap
Compare ICLN ETF and EWZ ETF by shared holdings, expense ratio, issuer, category, and tracked overlap.
Tracked overlap3.68%
4 shared holdings
ICLN expense0.00%
Unknown
EWZ expense0.00%
Unknown
Data date2026-05-01
2026-05-01
Shared top holdings
Overlap uses the smaller fund weight for each shared holding.
EQTL3EQUATORIAL SA
ENGI11ENERGISA UNITS SA
CPFE3CPFL ENERGIA SA
EGIE3ENGIE BRASIL ENERGIA SA
Interpretation
Should you own both ICLN and EWZ?
ICLN and EWZ share 4 tracked holdings with 3.68% overlap in the imported holdings set. High overlap can be fine when the funds serve a deliberate role, but it can also mean less diversification than the ticker count suggests.
Use the portfolio analyzer to test your actual allocations. Pairwise overlap does not account for how much of each ETF you own.