EWC — iShares MSCI Canada ETF

EWC Price Performance — Growth of $10,000

Value of a $10,000 investment in EWC over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

EWC Drawdown

The "underwater" chart: EWC's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares MSCI Canada ETF (EWC) is a Single Country - Developed fund issued by iShares that tracks one of 18 ETFs in its specific category. With an asset base of $5.96 billion and a share price of $59.07, the fund demonstrates significant investor adoption relative to its peers. It holds an overall rank of #25 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B+ with a score of 78.0. The fund carries an expense ratio of 0.5% while offering a dividend yield of 1.09%. This combination of substantial assets under management and a high overall rank suggests the product is a widely utilized vehicle for exposure to the Canadian market. The data indicates a mature fund structure with a cost profile typical for single-country equity exposure.

Recent performance data shows a 1-day return of +0.43% following a 1-week decline of -0.64%. Over the past month, the fund posted a gain of +3.11%, which contributed to a 3-month return of +2.61%. Year-to-date performance has accelerated to +9.52%, while the 6-month return stands at +7.51%. The 1-year return reached +26.94%, and the 3-year return is recorded at +73.18%. This trajectory indicates a divergence where short-term fluctuations have been overshadowed by strong multi-year growth. The fund has demonstrated consistent positive momentum over the longer horizons despite minor recent volatility.

The fund is classified with a Low volatility label and exhibits a beta of 0.80, suggesting it moves less than the broader market. A Sharpe ratio of 1.53 indicates that the returns generated have been efficient relative to the risk taken. The maximum drawdown recorded for the fund is -12.97%, representing the largest peak-to-trough decline observed. This combination of low beta and a high Sharpe ratio implies the fund has provided steady returns with limited downside deviation during the measured period. The modest maximum drawdown further supports the classification of the fund as having lower risk characteristics compared to higher-beta alternatives.

AI-generated summary based on the data on this page.

EWC Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 41.7% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how EWC's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With EWC

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with EWC's top 10 — VIGI overlaps most, holding 2 of the same companies as EWC's top 10 (13.4% of EWC's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

EWC Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 1.70% and average daily volume is 1.9M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $5.96B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: EWC is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

EWC Performance History

How EWC Compares to Other Single Country - Developed ETFs