iShares MSCI Canada ETF (EWC)
| Assets | $4.53B |
| Expense Ratio | 0.50% |
| PE Ratio | 19.56 |
| Shares Out | 65.70M |
| Dividend (ttm) | $0.78 |
| Dividend Yield | 1.47% |
| Ex-Dividend Date | Dec 16, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 28.24% |
| Volume | 2,992,850 |
| Open | 54.05 |
| Previous Close | 54.10 |
| Day's Range | 52.97 - 54.09 |
| 52-Week Low | 36.70 |
| 52-Week High | 58.78 |
| Beta | 0.88 |
| Holdings | 89 |
| Inception Date | Mar 12, 1996 |
About EWC
Fund Home PageThe iShares MSCI Canada ETF (EWC) is an exchange-traded fund that is based on the MSCI Canada Custom Capped index. The fund tracks a market cap-weighted index of Canadian stocks. It captures 85% of the publicly available market, excluding all small-caps. EWC was launched on Mar 12, 1996 and is issued by BlackRock.
Top 10 Holdings
42.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Royal Bank of Canada | RY | 7.93% |
| The Toronto-Dominion Bank | TD | 5.57% |
| Shopify Inc. | SHOP | 5.29% |
| Enbridge Inc. | ENB | 4.06% |
| Canadian Natural Resources Limited | CNQ | 3.58% |
| Agnico Eagle Mines Limited | AEM | 3.43% |
| Bank of Montreal | BMO | 3.41% |
| Canadian Imperial Bank of Commerce | CM | 3.13% |
| The Bank of Nova Scotia | BNS | 3.02% |
| Brookfield Corporation | BN | 2.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $0.47492 | Dec 19, 2025 |
| Jun 16, 2025 | $0.30593 | Jun 20, 2025 |
| Dec 17, 2024 | $0.55027 | Dec 20, 2024 |
| Jun 11, 2024 | $0.34929 | Jun 17, 2024 |
| Dec 20, 2023 | $0.48587 | Dec 27, 2023 |
| Jun 7, 2023 | $0.34601 | Jun 13, 2023 |
Performance
EWC had a total return of 31.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.62%.
News
Is the US-Canada Trade War Overblown?
For decades, the US and Canada have been close economic partners, but that relationship has been tested by President Trump's tariffs and threats to make Canada the fifty-first state of the United Stat...
Canada Has Trade Leverage Over the US, Says Opposition Leader Poilievre
Conservative Leader Pierre Poilievre says Canada has real trade leverage over the US and should use that to their advantage. He talks about how he'd handle negotiations with President Donald Trump in ...
BlackRock's Model Shift: Scaling Active ETFs Ahead of Exchange
Actively managed ETFs in the U.S. gathered $73 billion of new money in February and, thanks to model allocation changes made by BlackRock last week, are poised for another strong month. BlackRock's st...
Canada Inflation Cooled in February
Inflation in Canada cooled to a nine-month low in February and core price pressures continued to ease, leaving central bank policymakers under no pressure to act this week.
Canada Goods-Trade Deficit Widens to $2.68 Billion
A retreat in Canadian exports of autos, gold and aircraft to start the year drove the country's trade deficit with the world to its widest level in five months in January.
What The Middle East Conflict Means For Canada's Markets
Canadian market positioned well to weather current uncertainty. Canada less impacted by oil disruptions than Europe and Asia.
EWC: Strong Fundamentals, But Valuation Keeps Me Neutral
I rate iShares MSCI Canada ETF a hold due to strong growth in top holdings but stretched valuations and high fees. EWC's top three holdings—Royal Bank of Canada, Toronto-Dominion Bank, and Shopify—dri...
Canada Manufacturing Sector PMI Picks Up Again
The S&P Global Canada manufacturing purchasing managers index nudged up in the second month of the year to 51, after advancing to 50.4 in January, the first month in a year above the 50 threshold betw...
China Benefits the Most From US-Canada Trade Spat, Freeland Says
Chrystia Freeland, Bloomberg contributor and former Canadian deputy prime minister, says China is the biggest beneficiary of trade tensions between the US and Canada. She speaks to David Westin.
US, Canada to meet in coming weeks on trade, Greer says
U.S. and Canadian trade officials spoke on Wednesday and plan to meet in coming weeks, U.S. Trade Representative Jamieson Greer said, adding that the Trump administration was open to their ideas on ho...
Canada and Mexico are the biggest winners from tariff relief, says Strategas' Dan Clifton
Dan Clifton, Strategas head of policy research, joins 'The Exchange' to discuss the economic fallout from the recent tariff push, the new rules and much more.
Trump Mulls a North American Trade Pact Without Canada
U.S. officials are threatening major changes to a trade agreement with Mexico and Canada that could upend the way business is done and leave Canada on the outs.
Media Advisory: Steelworkers plan parallel trip to Mexico during labour-excluded “Team Canada” trade mission
TORONTO, Feb. 16, 2026 (GLOBE NEWSWIRE) -- With the federal government bringing a “Team Canada” trade delegation to Mexico this week – excluding any labour representation – members of the United Steel...
US House Votes to End Trump's Canada Tariffs
The Republican-led US House passed legislation aimed at ending President Donald Trump's tariffs on Canada, signaling growing anxiety over the White House's economic agenda. Bloomberg's Laura Davison r...
MI Concept + Design Inc. joins Team Canada Trade Mission to Mexico strengthening economic ties in innovative growth sectors including the creative arts industry
TORONTO, Feb. 12, 2026 (GLOBE NEWSWIRE) -- MI Concept + Design Inc. (“MIC” or the “Company”), a global leader of award-winning innovative and creative themed entertainment solutions and guest experien...
Jobless Claims Little Changed & U.S. House Tackles Canada Tariffs
Kevin Hincks turns to movers affecting markets under the surface. On the jobless claims, he notes the number as little changed from the month prior, suggesting a jobs market finding its footing.
Canada Tariffs Override, CSCO & APP Earnings Movers
The U.S. House of Representatives took a first step to block tariffs on Canada. Kevin Green dissects the economic impact for border states and what it means for the White House's overall tariff policy...
Canada tariffs, McDonald's value push, El Paso airport and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Trump-Led Trade Deal Review Poses ‘Important Risk' to Outlook, Bank of Canada Minutes Say
Senior Bank of Canada policymakers identified the pending U.S.-led review of the existing North American trade treaty as an “important risk” to the economic outlook, according to minutes.
After GOP rebellion, House set for Wednesday vote on Trump's Canada tariffs
The House is slated to vote Wednesday on a resolution introduced by Rep. Gregory Meeks, D-N.Y.
Canada Services PMI Falls to 45.8 in January as Activity and New Business Decline
Activity in Canada's services industry contracted even more sharply to start the new year, extending a downturn as tariffs and broader uncertain continue to weigh heavily, data released Wednesday show...
Trump threatens Canada with a 50% tariff, escalating a trade war that could impact U.S. air travel
President Donald Trump on Thursday threatened Canada with a 50% tariff on any aircraft sold in the U.S., the latest salvo in his trade war with America's northern neighbor as his feud with Prime Minis...
Canada's Carney Goads Trump. Markets Are Behind Him.
Canada has gotten tough with the U.S. But the country is dependent on the U.S., so is it worth it? Canadian markets are calm so far.
The Bank of Canada kept its policy rate unchanged at 2.25% for the second straight time, and warned that the level of uncertainty stemming from U.S. trade policy and geopolitical risks has ramped up
Officials said they are unable to predict the timing and direction of the central bank's next rate move.
Bank of Canada maintains rate at 2.25%, as growth stalls in Q4 while trade and geopolitical risks remain high
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Trump Threatens Canada With 100% Tariffs
President Donald Trump says Canada could be hit with100% tariffs if it signs a trade deal with China. Bloomberg's Tyler Kendall reports.
Carney says Canada not pursuing free trade deal with China as Trump threatens 100% tariffs
Carney's remarks come after U.S. President Donald Trump threatened to slap a 100% tariff on Canadian exports if Ottawa "makes a deal" with China. On Jan. 16, China and Canada came to an agreement that...
Trump threatens Canada with 100% tariff over China trade deal
Donald Trump has threatened to impose a 100% tariff on goods imported from Canada over its proposed trade deal with China.
Trump threatens Canada with 100% tariffs over Beijing trade deal: 'China will eat Canada alive'
President Donald Trump on Saturday threatened to impose 100% tariffs on Canada. Trump warned Ottawa not to make a trade deal with Beijing or face the levies.
Trump threatens to impose 100% tariff if Canada makes deal with China
President Donald Trump warned Canada that the U.S. would impose 100% tariff if Prime Minister Mark Carney made a trade deal with China. Trump suggested that China would try to use Canada to try to avo...
Trump threatens Canada with 100% tariff over possible deal with China
President also claimed US refineries will process seized Venezuelan oil, saying ‘we take the oil'
Trump Threatens Canada With 100% Tariff If It Makes Deal With China
“If Governor Carney thinks he is going to make Canada a ‘Drop Off Port' for China to send goods and products into the United States, he is sorely mistaken,” Trump wrote on Truth Social. “China will ea...
Davos: USTR Jamieson Greer on Trade With EU, Greenland, China Investments in Canada
US Trade Representative Jamieson Greer discusses the trade relationship with the European Union in light of geopolitical tensions over Greenland. He also talks about how the US is going to look at Chi...
Al Tamimi & Company Announces Strategic Partnership with Alexa Translations During Canada's UAE Trade Mission
DUBAI, United Arab Emirates, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Al Tamimi & Company has announced a strategic partnership with Alexa Translations during Canada's official trade mission to the UAE, atte...
Canada, China slash EV, canola tariffs in reset of ties
Canada and China have struck an initial trade deal that will slash tariffs on electric vehicles and canola, Prime Minister Mark Carney said on Friday, as both nations promised to tear down trade barri...
Canadian Factory, Wholesale Sales Dented by Auto Industry Weakness
A slump by Canada's auto industry in November as a semiconductor shortage weighed on activity hit sales by factories and wholesalers and threatens to hold back economic growth in the final quarter of ...
Are Conditions Right For The TSX Rally To Continue?
Fundamental conditions sound good for the TSX in 2026. Metals and financials may be sectors to watch.
Canada Swings to Goods-Trade Deficit of C$583 Million in October
Canada's trade balance deteriorated slightly in October, swinging the country to an eighth deficit in the first 10 months of last year.
Bank of Canada Officials Unsure on Future Direction of Rates, Minutes Say
Policymakers were reluctant to predict whether the next change in interest rates would be up or down, citing volatile data and elevated trade-policy uncertainty.
Canada Retail Sales Rebound in November, Marking Positive Start to Holiday Season
An advance tally indicates sales rose 1.2%, following declines the previous two months, hinting at a recovery in household consumption heading into the holiday season.
5 International ETFs to Buy for 2026
Diversification is usually a winning investment strategy, and that's proven especially true in 2025 when international stocks largely outperformed U.S. equities. While the S&P 500 is up about 15% this...