Key stats
About ISHARES MSCI CANADA ETF
Home page
Inception date
Mar 12, 1996
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
EWC aims to capture the large- and mid-cap segments of the Canadian market while reflecting capping constraints. Its underlying index is market cap-weighted and rebalanced on a quarterly basis using a variation of the MSCI 25/50 Indexes methodology, where the weight of any single group entity will be constrained at 22.5% and the sum of the weights of all group entities representing more than 5% weight will be constrained at 24.5%. By doing so, it minimizes index turnover, tracking err and extreme deviation from the parent index. Moreover, a buffer is used to reduce the risk of non-compliance due to short term market movements between two quarterly rebalancing. Prior to September 2017, the fund’s underlying index was the MSCI Canada Index (where the MSCI Canada Custom Capped Index is constructed from).
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Non-Energy Minerals
Stocks99.69%
Finance38.03%
Non-Energy Minerals11.24%
Industrial Services9.84%
Energy Minerals7.59%
Technology Services6.87%
Commercial Services6.28%
Transportation6.03%
Retail Trade6.01%
Utilities2.79%
Process Industries1.25%
Communications1.00%
Consumer Services0.94%
Electronic Technology0.59%
Consumer Non-Durables0.50%
Producer Manufacturing0.41%
Distribution Services0.30%
Bonds, Cash & Other0.31%
Cash0.31%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EWC invests in stocks. The fund's major sectors are Finance, with 38.03% stocks, and Non-Energy Minerals, with 11.24% of the basket. The assets are mostly located in the North America region.
EWC top holdings are Royal Bank of Canada and Shopify, Inc. Class A, occupying 7.83% and 5.57% of the portfolio correspondingly.
EWC last dividends amounted to 11.11 MXN. Six months before that, the issuer paid 6.50 MXN in dividends, which shows a 41.54% increase.
EWC assets under management is 57.64 B MXN. It's risen 6.01% over the last month.
EWC fund flows account for −1.54 B MXN (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EWC pays dividends to its holders with the dividend yield of 2.01%. The last dividend (Dec 20, 2024) amounted to 11.11 MXN. The dividends are paid semi-annually.
EWC shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 12, 1996, and its management style is Passive.
EWC expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
EWC follows the MSCI Canada Custom Capped. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EWC invests in stocks.
EWC price has risen by 7.60% over the last month, and its yearly performance shows a 35.12% increase. See more dynamics on EWC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.01% over the last month, showed a 1.69% increase in three-month performance and has increased by 37.62% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.01% over the last month, showed a 1.69% increase in three-month performance and has increased by 37.62% in a year.
EWC trades at a premium (0.18%) meaning the ETF is trading at a higher price than the calculated NAV.