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EWC vs EWU

iShares MSCI Canada ETF

EWCANYSE Arca

iShares MSCI United Kingdom ETF

EWUBNYSE Arca

Overlap

Expense ratio

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

EWC0.50%EWU0.50%

Avg volume · 30D

EWC 1.5×the volume

EWC1.68MEWU1.15M

10Y return · a year

EWC +2.5pt

EWC+11.4%EWU+8.9%

EWC vs EWU Performance

Oct 29, 2021 – Oct 30, 2026

+71.2%EWC+72.8%EWU

Oct 29, 2021 to Oct 30, 2026. EWC +71.2%. EWU +72.8%. Use the arrow keys to read each point.−20%0%20%40%Oct 2021Apr 2024Oct 2026
Expense ratio
EWC 0.50%
EWU 0.50%
Fund size
EWC $7.58B
EWU $3.73B
1Y total return
EWC +21.1%, better
EWU +15.9%
Yield (12M)
EWC 1.24%
EWU 3.13%, better
Holdings
EWC 83
EWU 72
Avg volume (30D)
EWC 1.68M sh, better
EWU 1.15M sh
NAV per share
EWC $60.62
EWU $47.68
52W range

ETF.net Grade

EWC: Cost 55, Risk 87, Mission 90, Tradability 97, Holdings 78, Durability 80. EWU: Cost 55, Risk 75, Mission 71, Tradability 81, Holdings 69, Durability 78.
Pillar letters and Scores for EWC, EWU, with each pillar’s weight
PillarEWCEWU
Cost30% weightB55B55
Mission25% weightA90HigherA71
Risk15% weightA87HigherA75
Tradability15% weightA97HigherA81
Holdings10% weightA78HigherB69
Durability5% weightA80HigherA78

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 EWU 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 EWU 6th 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 5AFLAUFranklin FTSE Australia ETFScore 70
  4. Rank 6BEWUiShares MSCI United Kingdom ETFScore 68
  5. Rank 7BEWGiShares MSCI Germany ETFScore 67

Our read on each fund

ETF.net Research

EWCAiShares MSCI Canada ETF

EWUBiShares MSCI United Kingdom 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.

EWU Trading since 1996, EWU is the veteran one-ticker route into British blue chips: roughly 70 UK stocks in a single MSCI-tracked basket, held through Brexit, rate cycles and everything in between.

Stated mandate

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

EWU The fund seeks to track an index of U.K. equities, providing targeted exposure to companies in the United Kingdom and a way to express a single-country investment view.

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
  • EWU A 1996 launch means this fund has tracked UK stocks through Brexit, a financial crisis and multiple rate cycles under one continuous ticker.
  • A multi-billion-dollar fund that trades actively, so getting in and out rarely means fighting the order book.
  • Rates among the stronger developed-market single-country funds in its peer group on cost, tracking and tradability together.
  • Roughly 70 holdings tracking the MSCI United Kingdom Index (Net). Concentrated, transparent, no guessing what you own.

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.
  • EWU 0.50% a year is the category median, but cohort peers like FLKR and FLAU charge 0.09%. The liquidity and pedigree here cost extra.
  • One country, about 70 names: UK policy and the index's sector mix drive results far more than in a global fund.
  • Distributions arrive once or twice a year rather than quarterly, so income lands in lumps.

Full EWC profile⁠

Full EWU profile⁠

EWC vs EWU 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 EWU 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

  • EWU 0.50%

    $9,979

$10,000
30 years

Cost over time

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

Year by year

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

Expense ratio

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

EWC 14th cheapest of 38 funds

EWU 14th cheapest of 38 funds

EWC vs EWU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EWC 1.24%
EWU 3.13%, better
Payout (12M)
EWC $0.75
EWU $1.50
Last payment
EWC $0.28
EWU $0.67
Ex-dividend
EWC Jun 15, 2026
EWU Jun 15, 2026
Paid on
EWC Jun 18, 2026
EWU Jun 18, 2026
Frequency
EWC Twice a year
EWU 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
EWUTwice a year · 19 paymentsAll EWU payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.74; Dec 19, 2017 $0.66; Jun 19, 2018 $0.83; Dec 18, 2018 $0.64; Jun 17, 2019 $0.81; Dec 16, 2019 $0.60; Jun 15, 2020 $0.39; Dec 14, 2020 $0.33; Jun 10, 2021 $0.57; Dec 13, 2021 $0.88; Jun 9, 2022 $0.58; Dec 13, 2022 $0.47; Jun 7, 2023 $0.62; Dec 20, 2023 $0.75; Jun 11, 2024 $0.68; Dec 17, 2024 $0.73; Jun 16, 2025 $0.81; Dec 16, 2025 $0.83; Jun 15, 2026 $0.67. Use the arrow keys to read each point.$0$12017202020232026YTD

EWC vs EWU Risk

Fall from peak · 5 years

  • EWC
  • EWU
Oct 29, 2021 to Oct 30, 2026. Worst fall: EWU −24.9% · Sep 2022. Use the arrow keys to read each point.−25%−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EWC 13.1%EWU 10.8%, better
Return per unit of riskSharpe ratio, 3 years
EWC 1.54, betterEWU 1.40
Worst fallMax drawdown, 5 years
EWC −24.8%, betterEWU −24.9%
Market sensitivityBeta, 5 years
EWC 0.88EWU 0.71

EWC and EWU in the news

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