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EWC vs EWQ

iShares MSCI Canada ETF

EWCANYSE Arca

iShares MSCI France ETF

EWQBNYSE Arca

Overlap

Expense ratio

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

EWC0.50%EWQ0.50%

Avg volume · 30D

EWC 4.8×the volume

EWC1.68MEWQ349K

10Y return · a year

EWC +2.6pt

EWC+11.5%EWQ+8.9%

EWC vs EWQ Performance

Nov 2, 2021 – Nov 2, 2026

+71.2%EWC+27.4%EWQ

Nov 2, 2021 to Nov 2, 2026. EWC +71.2%. EWQ +27.4%. Use the arrow keys to read each point.−20%0%40%Nov 2021May 2024Nov 2026
Expense ratio
EWC 0.50%
EWQ 0.50%
Fund size
EWC $7.58B
EWQ $346M
1Y total return
EWC +21.5%, better
EWQ −0.7%
Yield (12M)
EWC 1.23%
EWQ 3.08%, better
Holdings
EWC 83
EWQ 58
Avg volume (30D)
EWC 1.68M sh, better
EWQ 349K sh
NAV per share
EWC $60.62
EWQ $42.18
52W range

ETF.net Grade

EWC: Cost 55, Risk 88, Mission 90, Tradability 97, Holdings 78, Durability 80. EWQ: Cost 55, Risk 42, Mission 82, Tradability 58, Holdings 58, Durability 61.
Pillar letters and Scores for EWC, EWQ, with each pillar’s weight
PillarEWCEWQ
Cost30% weightB55B55
Mission25% weightA90HigherA82
Risk15% weightA88HigherC42
Tradability15% weightA97HigherB58
Holdings10% weightA78HigherB58
Durability5% weightA80HigherB61

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 EWQ 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 EWQ 16th 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 15BFLKRFranklin FTSE South Korea ETFScore 61
  4. Rank 16BEWQiShares MSCI France ETFScore 60
  5. Rank 17BEWSiShares MSCI Singapore ETFScore 58

Our read on each fund

ETF.net Research

EWCAiShares MSCI Canada ETF

EWQBiShares MSCI France 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.

EWQ One of the original country ETFs, running since 1996: about 60 French large and mid caps in one ticker. Fee sits right at the typical developed-market country fund, with a nearly three-decade record behind it.

Stated mandate

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

EWQ The fund seeks to track an index composed of French equities and provides targeted exposure to companies in France.

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
  • EWQ Launched in 1996, making it one of the oldest single-country funds still trading, with a long record tracking the MSCI France Index.ishares.com
  • Does the job it advertises: follows its French equity index closely and lands in the upper half of developed-market single-country funds.
  • The 0.50% fee matches the median for developed single-country ETFs, and the same sticker as iShares' UK (EWU) and Canada (EWC) siblings.
  • A single-ticker way to dial France up or down instead of rebuilding a broad Europe sleeve stock by stock.ishares.com

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.
  • EWQ One country, roughly 60 names. Concentration is the whole point here, and it swings harder than a broad Europe or global fund.
  • Dollar-listed, euro-denominated assets underneath: currency moves feed straight into what you see.ishares.com
  • Cheaper wrappers exist in this cohort (Franklin's country funds run 0.09%), though none of them point at France.

Full EWC profile⁠

Full EWQ profile⁠

EWC vs EWQ 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 EWQ 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

  • EWQ 0.50%

    $9,979

$10,000
30 years

Cost over time

  • EWC 0.50%
  • EWQ 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 $9,979EWQ $9,979

Year by year

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

Expense ratio

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

EWC 14th cheapest of 38 funds

EWQ 14th cheapest of 38 funds

EWC vs EWQ Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
EWC 1.23%
EWQ 3.08%, better
Payout (12M)
EWC $0.75
EWQ $1.32
Last payment
EWC $0.28
EWQ $1.09
Ex-dividend
EWC Jun 15, 2026
EWQ Jun 15, 2026
Paid on
EWC Jun 18, 2026
EWQ Jun 18, 2026
Frequency
EWC Twice a year
EWQ 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$12017202020232026YTD
EWQTwice a year · 19 paymentsAll EWQ payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.50; Dec 19, 2017 $0.09; Jun 19, 2018 $0.65; Dec 18, 2018 $0.12; Jun 17, 2019 $0.73; Dec 16, 2019 $0.07; Jun 15, 2020 $0.18; Dec 14, 2020 $0.16; Jun 10, 2021 $0.43; Dec 13, 2021 $1.04; Jun 9, 2022 $0.95; Dec 13, 2022 $0.12; Jun 7, 2023 $0.82; Dec 20, 2023 $0.25; Jun 11, 2024 $0.91; Dec 17, 2024 $0.27; Jun 16, 2025 $0.95; Dec 16, 2025 $0.23; Jun 15, 2026 $1.09. Use the arrow keys to read each point.$0$12017202020232026YTD

EWC vs EWQ Risk

Fall from peak · 5 years

  • EWC
  • EWQ
Nov 2, 2021 to Nov 2, 2026. Worst fall: EWQ −31.4% · Sep 2022. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
EWC 13.1%, betterEWQ 14.1%
Return per unit of riskSharpe ratio, 3 years
EWC 1.54, betterEWQ 0.45
Worst fallMax drawdown, 5 years
EWC −24.8%, betterEWQ −31.4%
Market sensitivityBeta, 5 years
EWC 0.88EWQ 0.85

EWC and EWQ in the news

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