UBL Pakistan Enterprise ETF
EWC NYSE
iShares MSCI Canada ETF · by BlackRock
iShares MSCI Canada ETF provides exposure to Canadian equities with significant weighting toward banks, energy, and mining sectors on the TSX.
What is EWC?
The iShares MSCI Canada ETF (EWC) provides broad exposure to the Canadian equity market listed on the Toronto Stock Exchange (TSX). Canada's market is dominated by the big five banks, energy companies, and mining firms, making it a natural resources and financial services play.
Sector Allocation
- Financials: 35.5%
- Energy: 18.2%
- Materials: 10.5%
- Technology: 8.5%
- Industrials: 8.2%
- Consumer Staples: 4.5%
- Consumer Discretionary: 4.2%
- Communication Services: 4.0%
- Utilities: 3.5%
- Healthcare: 1.8%
- Real Estate: 1.1%
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Royal Bank of Canada | RY | Financials | 8.50% | C$292.37 1.56% |
| 2 | Toronto-Dominion Bank | TD | Financials | 6.80% | C$169.90 1.01% |
| 3 | Shopify | SHOP | Technology | 5.50% | $145.88 2.83% |
| 4 | Canadian Natural Resources | CNQ | Energy | 5.20% | C$70.55 -1.54% |
| 5 | Enbridge | ENB | Energy | 4.50% | C$69.70 0.00% |
| 6 | Bank of Montreal | BMO | Financials | 3.80% | C$243.56 1.78% |
| 7 | Brookfield Asset Management | BAM | Financials | 3.50% | C$69.32 0.80% |
| 8 | Canadian Pacific Kansas City | CP | Industrials | 3.20% | C$125.89 1.51% |
| 9 | Bank of Nova Scotia | BNS | Financials | 2.80% | C$130.77 1.26% |
| 10 | Suncor Energy | SU | Energy | 2.50% | C$94.21 -0.49% |
Frequently asked questions
Is EWC correlated with the US market?
Yes, Canada and US markets are highly correlated (~0.75 beta). However, EWC has higher energy and mining exposure, providing some diversification.
What makes Canada market unique?
Canada market is dominated by banks (35%+) and energy/materials (28%+). It offers higher dividend yields than US markets and natural resource exposure.
Compare with similar ETFs
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KraneShares MSCI Saudi Arabia ETF
EWC discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
What is the fair value of EWC in 2026?
EWC price prediction 2026: what actually drives it?
Does EWC pay a dividend, and how reliable is the yield?
Is EWC a good long-term hold, or too concentrated?
Which Canada stocks moved this week? (Aug 17, 2026)
Which Canada stocks moved this week? (Aug 24, 2026)
Which Canada stocks moved this week? (Aug 31, 2026)
Ask a question about EWC
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