iShares MSCI Canada ETF (EWC) is a developed ex-US international ETF. As of October 9, 2026, ETF Copilot scores EWC 4.5 out of 10 — highest on Risk (7.5), lowest on Growth (1.6). It trades at 19.3 times earnings, against its own median of 15.0. Its ten largest holdings are 45% of the fund.
What stands out in EWC's data
Large and mid-sized Canadian companies in a capped version of the MSCI Canada Index.
Trades at a richer price than most developed-market peers — you pay more for each dollar of earnings.
Trailing P/E multiple of 19.2x places it among the priciest 10% of developed ex-US peers, above the category median of 16.1x.
Offers exposure to the Canadian stock market, with caps limiting the weight of the largest issuers.
How is EWC rated? ETF Copilot scores iShares MSCI Canada ETF (EWC) 4.5 out of 10
As of October 9, 2026, ETF Copilot scores iShares MSCI Canada ETF (EWC) 4.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.5 / 10
- Growth: 1.6 / 10
- Value: 2.8 / 10
- Risk: 7.5 / 10
- Quality: 4.8 / 10
- Return: 6.6 / 10
Is EWC expensive right now? It trades at 19.3 times earnings, against its own median of 15.0
As of October 9, 2026, EWC is more expensive than 84% of its own last 9 years.
Trailing 12 months, built from EWC's holdings. How we calculate this →
What's inside EWC? 10% Tech
What's inside EWC: Size (Large 81%, Mid 19%, Small 0%); Geography (International 99%, US 1%); Tech 10.1%.
What are EWC's top holdings? The ten largest are 45% of the fund
Royal Bank of Canada, Shopify Subordinate Voting, Toronto Dominion, Bank of Montreal, Bank of Nova Scotia, Canadian Natural Resources, Enbridge, Canadian Imperial Bank of Commerce, Agnico Eagle Mines and Suncor Energy are EWC's largest holdings, in that order.
More concentrated than 88% of Developed ex-US ETFs.
Half of EWC's weight sits in its 12 largest positions, and once those weights are taken into account it behaves like 32 equally weighted holdings.
What is EWC's expense ratio? 0.50% a year
As of October 9, 2026, EWC charges 0.50% a year, yields 1.28% and holds $7.0B in assets across 83 positions.
| Measure | EWC |
|---|---|
| Expense ratio | 0.50% |
| Dividend yield | 1.28% |
| Assets under management | $7.0B |
| Holdings | 83 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “iShares MSCI Canada ETF (EWC) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/ewc
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