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EWC vs EWS

iShares MSCI Canada ETF

EWCANYSE Arca

iShares MSCI Singapore ETF

EWSBNYSE Arca

Overlap

Expense ratio

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

EWC0.50%EWS0.50%

Avg volume · 30D

EWC 1.3×the volume

EWC1.68MEWS1.27M

10Y return · a year

EWC +3.0pt

EWC+11.5%EWS+8.5%

EWC vs EWS Performance

Nov 2, 2021 – Nov 2, 2026

+71.2%EWC+59.7%EWS

Nov 2, 2021 to Nov 2, 2026. EWC +71.2%. EWS +59.7%. Use the arrow keys to read each point.−20%0%20%40%Nov 2021May 2024Nov 2026
Expense ratio
EWC 0.50%
EWS 0.50%
Fund size
EWC $7.58B
EWS $1.08B
1Y total return
EWC +21.5%, better
EWS +11.0%
Yield (12M)
EWC 1.23%
EWS 3.91%, better
Holdings
EWC 83
EWS 20
Avg volume (30D)
EWC 1.68M sh, better
EWS 1.27M sh
NAV per share
EWC $60.62
EWS $30.58
52W range

ETF.net Grade

EWC: Cost 55, Risk 88, Mission 90, Tradability 97, Holdings 78, Durability 80. EWS: Cost 55, Risk 68, Mission 58, Tradability 78, Holdings 22, Durability 76.
Pillar letters and Scores for EWC, EWS, with each pillar’s weight
PillarEWCEWS
Cost30% weightB55B55
Mission25% weightA90HigherB58
Risk15% weightA88HigherB68
Tradability15% weightA97HigherA78
Holdings10% weightA78HigherF22
Durability5% weightA80HigherA76

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 EWS 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 EWS 17th 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 16BEWQiShares MSCI France ETFScore 60
  4. Rank 17BEWSiShares MSCI Singapore ETFScore 58
  5. Rank 18BEWOiShares MSCI Austria ETFScore 57

Our read on each fund

ETF.net Research

EWCAiShares MSCI Canada ETF

EWSBiShares MSCI Singapore 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.

EWS One of the 1996 originals, still doing the same job: Singapore's large and mid caps in one ticker. Index rules cap any single issuer at 25%, which matters in a market this top-heavy.

Stated mandate

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

EWS The fund seeks to track an index composed of Singaporean equities, providing targeted exposure to companies in Singapore.

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
  • EWS Launched in March 1996, making it one of the first single-country ETFs ever listed in the US. Decades later it is still a multi-billion-dollar fund that trades actively.aaii.com
  • One ticker for the Singapore market: it tracks the MSCI Singapore 25/50 Index, the large and mid cap slice, with no stock picking and no hunting down foreign listings.ishares.com
  • The 25/50 index rules are a real feature: no issuer above 25% of the index, and issuers over 5% capped at 50% combined, reset at quarterly rebalances.msci.com
  • Sits in the upper half of the developed single-country group, with the trading depth and operational backing that come with a long-tenured BlackRock fund.

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.
  • EWS The 0.50% expense ratio sits right at the middle of its peer group, but index rivals such as FLAU and FLKR charge 0.09%. Country access here is not the cheap end of the shelf.
  • One country, one compact basket. BlackRock notes funds concentrated in a specific market or sector can be more volatile than the broad market.ishares.com
  • Cash comes back once or twice a year, not monthly, and the holdings trade in Singapore dollars, so currency swings ride along with the stocks.ishares.com

Full EWC profile⁠

Full EWS profile⁠

EWC vs EWS 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 EWS 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

  • EWS 0.50%

    $9,979

$10,000
30 years

Cost over time

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

Year by year

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

Expense ratio

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

EWC 14th cheapest of 38 funds

EWS 14th cheapest of 38 funds

EWC vs EWS Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
EWC 1.23%
EWS 3.91%, better
Payout (12M)
EWC $0.75
EWS $1.18
Last payment
EWC $0.28
EWS $0.52
Ex-dividend
EWC Jun 15, 2026
EWS Jun 15, 2026
Paid on
EWC Jun 18, 2026
EWS Jun 18, 2026
Frequency
EWC Twice a year
EWS 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
EWSTwice a year · 19 paymentsAll EWS payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.26; Dec 19, 2017 $0.64; Jun 19, 2018 $0.49; Dec 18, 2018 $0.44; Jun 17, 2019 $0.45; Dec 16, 2019 $0.68; Jun 15, 2020 $0.22; Dec 14, 2020 $0.36; Jun 10, 2021 $0.28; Dec 13, 2021 $1.00; Jun 9, 2022 $0.28; Dec 13, 2022 $0.21; Jun 7, 2023 $0.68; Dec 20, 2023 $0.53; Jun 11, 2024 $0.35; Dec 17, 2024 $0.58; Jun 16, 2025 $0.46; Dec 16, 2025 $0.67; Jun 15, 2026 $0.52. Use the arrow keys to read each point.$0$12017202020232026YTD

EWC vs EWS Risk

Fall from peak · 5 years

  • EWC
  • EWS
Nov 2, 2021 to Nov 2, 2026. Worst fall: EWS −29.0% · Oct 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%EWS 12.3%, better
Return per unit of riskSharpe ratio, 3 years
EWC 1.54EWS 1.60, better
Worst fallMax drawdown, 5 years
EWC −24.8%, betterEWS −29.0%
Market sensitivityBeta, 5 years
EWC 0.88EWS 0.55

EWC and EWS in the news

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