iShares MSCI Canada ETF

iShares MSCI Canada ETF

About

iShares MSCI Canada ETF (US4642865095) is a US-listed equity ETF tracking the MSCI Canada Custom Capped Index. With a expense ratio of 0.5%, its costs are on the higher end for an ETF, paying distributions. The fund holds 90 positions across 1 region with 6.0B in assets, with heavy concentration — 100% in Canada, 41% in Financials.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.6 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.0
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker EWC
ISIN
Fund Size $6.0B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Mar 1996
Base Currency USD
Index MSCI Canada Custom Capped Index
Asset Class Equities
Category Other Country Equity

Costs

7.6
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.50%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month —
3 Months —
6 Months —
1 Year +33.23%
3 Years +23.55%
5 Years +11.54%
10 Years +11.49%
YTD +9.41%
Since Inception +9.03%

Holdings

This fund invests into 90 individual investments.
#1
Royal Bank of Canada
9.40%
#2
Toronto-Dominion Bank/The
6.64%
#3
Shopify Inc
4.40%
#4
Enbridge Inc
4.00%
#5
Bank of Montreal
3.95%
#6
Bank of Nova Scotia/The
3.60%
#7
Canadian Imperial Bank of Commerce
3.48%
#8
Brookfield Corp
2.98%
#9
Canadian Natural Resources Ltd
2.90%
#10
Agnico Eagle Mines Ltd
2.78%
View all holdings (50)
# Holding Ticker Weight
1 Royal Bank of Canada RY 939.71%
2 Toronto-Dominion Bank/The TD 663.95%
3 Shopify Inc SHOP 439.81%
4 Enbridge Inc ENB 400.03%
5 Bank of Montreal BMO 395.23%
6 Bank of Nova Scotia/The BNS 360.28%
7 Canadian Imperial Bank of Commerce CM 348.39%
8 Brookfield Corp BN 297.52%
9 Canadian Natural Resources Ltd CNQ 289.58%
10 Agnico Eagle Mines Ltd AEM 278.37%
11 Canadian Pacific Kansas City Ltd CP 255.14%
12 TC Energy Corp TRP 237.38%
13 Manulife Financial Corp MFC 226.31%
14 Barrick Mining Corp ABX 222.83%
15 Suncor Energy Inc SU 220.15%
16 National Bank of Canada NA 203.20%
17 Canadian National Railway Co CNR 195.67%
18 Wheaton Precious Metals Corp WPM 177.04%
19 Cameco Corp CCO 155.69%
20 Sun Life Financial Inc SLF 143.44%
21 Celestica Inc CLS 142.91%
22 Franco-Nevada Corp FNV 138.83%
23 Alimentation Couche-Tard Inc ATD 134.42%
24 Constellation Software Inc/Canada CSU 132.03%
25 Dollarama Inc DOL 120.63%
26 Intact Financial Corp IFC 116.81%
27 Power Corp of Canada POW 112.70%
28 Cenovus Energy Inc CVE 111.41%
29 Kinross Gold Corp K 104.74%
30 Nutrien Ltd NTR 101.05%
31 Fairfax Financial Holdings Ltd FFH 100.19%
32 Teck Resources Ltd TECK.B 96.35%
33 Fortis Inc/Canada FTS 95.02%
34 Pembina Pipeline Corp PPL 90.10%
35 Loblaw Cos Ltd L 84.07%
36 Restaurant Brands International Inc QSR 80.16%
37 First Quantum Minerals Ltd FM 70.09%
38 Pan American Silver Corp PAAS 68.91%
39 RB Global Inc RBA 68.85%
40 Bombardier Inc BBD.B 62.39%
41 Lundin Mining Corp LUN 60.07%
42 Magna International Inc MG 56.73%
43 WSP Global Inc WSP 56.37%
44 Imperial Oil Ltd IMO 54.48%
45 Tourmaline Oil Corp TOU 52.80%
46 Emera Inc EMA 52.52%
47 Great-West Lifeco Inc GWO 51.96%
48 Brookfield Asset Management Ltd BAM 51.74%
49 Toromont Industries Ltd TIH 46.11%
50 Rogers Communications Inc RCI.B 45.48%

Sectors

Allocation by industry sector.
 
Sector Weight
Financials 4099.00%
Energy 1734.00%
Materials 1455.00%
Industrials 896.00%
Technology 775.00%
Consumer Staples 333.00%
Consumer Discretionary 309.00%
Utilities 264.00%
Communication Services 89.00%
Unknown 27.00%
Real Estate 19.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
Canada 9973.00%
UNKNOWN 27.00%

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