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EWC vs EWH

iShares MSCI Canada ETF

EWCANYSE Arca

iShares MSCI Hong Kong ETF

EWHCNYSE Arca

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

EWC0.50%EWH0.50%

Avg volume · 30D

EWH 1.7×the volume

EWC1.68MEWH2.9M

10Y return · a year

EWC +7.5pt

EWC+11.4%EWH+3.9%

EWC vs EWH Performance

Oct 29, 2021 – Oct 30, 2026

+71.2%EWC+11.2%EWH

Oct 29, 2021 to Oct 30, 2026. EWC +71.2%. EWH +11.2%. Use the arrow keys to read each point.−25%25%50%Oct 2021Apr 2024Oct 2026
Expense ratio
EWC 0.50%
EWH 0.50%
Fund size
EWC $7.58B
EWH $1.24B
1Y total return
EWC +21.1%, better
EWH +9.7%
Yield (12M)
EWC 1.24%
EWH 4.60%, better
Holdings
EWC 83
EWH 30
Avg volume (30D)
EWC 1.68M sh
EWH 2.9M sh, better
NAV per share
EWC $60.62
EWH $22.34
52W range

ETF.net Grade

EWC: Cost 55, Risk 87, Mission 90, Tradability 97, Holdings 78, Durability 80. EWH: Cost 55, Risk 36, Mission 48, Tradability 82, Holdings 32, Durability 71.
Pillar letters and Scores for EWC, EWH, with each pillar’s weight
PillarEWCEWH
Cost30% weightB55B55
Mission25% weightA90HigherC48
Risk15% weightA87HigherD36
Tradability15% weightA97HigherA82
Holdings10% weightA78HigherD32
Durability5% weightA80HigherA71

Rank among Developed Single Country funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EWC and EWH are both graded against the same 38 Developed Single Country funds, so their Grades compare head to head.

Developed Single Country⁠

Category · 38 funds
See all 38 ›

EWC ranks 1st and EWH 19th of 38 funds in the Developed Single Country Category.

  1. Rank 1AEWCiShares MSCI Canada ETFScore 78
  2. Rank 1AFLCAFranklin FTSE Canada ETFScore 78
  3. Rank 19CEIRLiShares MSCI Ireland ETFScore 53
  4. Rank 19CEWHiShares MSCI Hong Kong ETFScore 53
  5. Rank 21CEWKiShares MSCI Belgium ETFScore 50

Our read on each fund

ETF.net Research

EWCAiShares MSCI Canada ETF

EWHCiShares MSCI Hong Kong ETF

In short

EWC A 1996 original: Canada's large and mid caps in one ticker, back when single-country funds were still a novelty. About 80 names, held through a capped MSCI index built so one giant can't swamp the basket.

EWH Hong Kong in a single US ticker, listed back in 1996. Roughly two dozen large Hong Kong companies tracking MSCI's Hong Kong 25-50 index, from the first generation of single-country funds.

Stated mandate

EWC The fund seeks to track an index representing Canadian equities, providing exposure to large- and mid-sized companies in Canada.

EWH The fund seeks to track an index of Hong Kong equities, providing targeted exposure to companies in Hong Kong.

Why people hold it

  • EWC Running since 1996, which makes it one of the oldest US-listed ETFs still trading, and it is a multi-billion-dollar fund today.
  • Tracks the MSCI Canada Custom Capped Index closely, one of the tighter index-following records in its single-country developed peer group.ishares.com
  • Actively traded with among the easiest fills in its peer group, so the cost of getting in and out stays modest.
  • The capped index trims outsized single-name weights, so roughly 80 holdings stay a basket rather than a wager on two or three giants.ishares.com
  • EWH One ticker, one city: targeted exposure to Hong Kong companies rather than a broad China blend, tracking the MSCI Hong Kong 25-50 Index.ishares.com
  • Trading since March 1996, one of the longest continuously running single-country ETFs on the US market.
  • A multibillion-dollar, actively traded iShares fund, so getting in and out is usually straightforward.

Worth knowing

  • EWC At 0.50%, the fee sits right at the median for single-country developed funds, and cheaper Canada exposure exists: BBCA runs 0.19%.
  • One country, about 80 stocks: a concentrated slice of the world, with Canadian dollar moves riding along in your US-dollar return.ishares.com
  • Distributions land once or twice a year rather than monthly or quarterly, so income arrives in lumps.
  • EWH 0.50% a year sits above the median index tracker in its peer group, and well above core baskets like SCHK (0.03%) and VT (0.06%).
  • Roughly two dozen holdings tied to one city's economy, so a handful of large names and Hong Kong's own cycle drive the ride.
  • Distributions arrive once or twice a year, not monthly.

Full EWC profile⁠

Full EWH profile⁠

EWC vs EWH Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EWC vs EWH Cost

Same expense ratio

$9,979

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EWC 0.50%

    $9,979

  • EWH 0.50%

    $9,979

$10,000
30 years

Cost over time

  • EWC 0.50%
  • EWH 0.50%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530EWC $9,979EWH $9,979

Year by year

YearEWCEWH
10$900$900
20$3,460$3,460
30$9,979$9,979

Expense ratio

  • 0.50%EWC
  • 0.50%EWH
  • Middle half of Developed Single Country funds
  • Median 0.50%

EWC 14th cheapest of 38 funds

EWH 14th cheapest of 38 funds

EWC vs EWH Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EWC 1.24%
EWH 4.60%, better
Payout (12M)
EWC $0.75
EWH $1.04
Last payment
EWC $0.28
EWH $0.35
Ex-dividend
EWC Jun 15, 2026
EWH Jun 15, 2026
Paid on
EWC Jun 18, 2026
EWH Jun 18, 2026
Frequency
EWC Twice a year
EWH Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

EWCTwice a year · 19 paymentsAll EWC payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.22; Dec 19, 2017 $0.37; Jun 19, 2018 $0.22; Dec 18, 2018 $0.41; Jun 17, 2019 $0.25; Dec 16, 2019 $0.39; Jun 15, 2020 $0.26; Dec 14, 2020 $0.39; Jun 10, 2021 $0.23; Dec 13, 2021 $0.48; Jun 9, 2022 $0.28; Dec 13, 2022 $0.49; Jun 7, 2023 $0.35; Dec 20, 2023 $0.49; Jun 11, 2024 $0.35; Dec 17, 2024 $0.55; Jun 16, 2025 $0.31; Dec 16, 2025 $0.47; Jun 15, 2026 $0.28. Use the arrow keys to read each point.$0$0.502017202020232026YTD
EWHTwice a year · 20 paymentsAll EWH payments⁠
One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.40; Dec 19, 2017 $0.71; Jun 19, 2018 $0.39; Dec 18, 2018 $0.27; Jun 17, 2019 $0.45; Dec 16, 2019 $0.21; Jun 15, 2020 $0.41; Dec 14, 2020 $0.22; Jun 10, 2021 $0.38; Dec 13, 2021 $0.25; Dec 30, 2021 $0.0083; Jun 9, 2022 $0.33; Dec 13, 2022 $0.28; Jun 7, 2023 $0.31; Dec 20, 2023 $0.43; Jun 11, 2024 $0.35; Dec 17, 2024 $0.34; Jun 16, 2025 $0.42; Dec 16, 2025 $0.69; Jun 15, 2026 $0.35. Use the arrow keys to read each point.$0$0.502017202020232026YTD

EWC vs EWH Risk

Fall from peak · 5 years

  • EWC
  • EWH
Oct 29, 2021 to Oct 30, 2026. Worst fall: EWH −36.3% · Apr 2024. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EWC 13.1%, betterEWH 18.6%
Return per unit of riskSharpe ratio, 3 years
EWC 1.54, betterEWH 0.62
Worst fallMax drawdown, 5 years
EWC −24.8%, betterEWH −36.3%
Market sensitivityBeta, 5 years
EWC 0.88EWH 0.71

EWC and EWH in the news

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