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EWC

EWC NYSE

iShares MSCI Canada ETF · by BlackRock

Price
C$62.47
YTD return
+7.85%
1Y return
10.20%
Expense ratio
0.50%
Dividend yield
2.55%
AUM
$4.2B
Country/Region 🇨🇦 Canada ETFs Equity Risk: Medium Since 1996-03-12

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.

#HoldingTickerSectorWeightPrice
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.

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Community

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