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EWC vs EWUS

iShares MSCI Canada ETF

EWCANYSE Arca

iShares MSCI United Kingdom Small-Cap ETF

EWUSCCboe

Overlap

0.0%by weight

Expense ratio

EWC −0.09pt a year

EWC0.50%EWUS0.59%

Avg volume · 30D

EWC 589.0×the volume

EWC1.72MEWUS2.92K

10Y return · a year

EWC +5.4pt

EWC+11.4%EWUS+6.0%

EWC vs EWUS Performance

Nov 9, 2021 – Nov 9, 2026

+69.3%EWC+13.0%EWUS

Nov 9, 2021 to Nov 9, 2026. EWC +69.3%. EWUS +13.0%. Use the arrow keys to read each point.−25%0%50%Nov 2021May 2024Nov 2026
Expense ratio
EWC 0.50%, better
EWUS 0.59%
Fund size
EWC $7.51B
EWUS $40M
1Y total return
EWC +23.4%, better
EWUS +17.5%
Yield (12M)
EWC 1.23%
EWUS 2.99%, better
Holdings
EWC 83
EWUS 197
Avg volume (30D)
EWC 1.72M sh, better
EWUS 2.92K sh
NAV per share
EWC $59.92
EWUS $44.60
52W range

ETF.net Grade

EWC: Cost 55, Risk 89, Mission 90, Tradability 97, Holdings 78, Durability 80. EWUS: Cost 18, Risk 40, Mission 81, Tradability 25, Holdings 88, Durability 44.
Pillar letters and Scores for EWC, EWUS, with each pillar’s weight
PillarEWCEWUS
Cost30% weightB55HigherF18
Mission25% weightA90HigherA81
Risk15% weightA89HigherC40
Tradability15% weightA97HigherD25
Holdings10% weightA78A88Higher
Durability5% weightA80HigherC44

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 EWUS 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 2nd and EWUS 23rd of 38 funds in the Developed Single Country Category.

  1. Rank 1AFLCAFranklin FTSE Canada ETFScore 79
  2. Rank 2AEWCiShares MSCI Canada ETFScore 78
  3. Rank 3AFLGBFranklin FTSE United Kingdom ETFScore 76
  4. Rank 23CENZLiShares MSCI New Zealand ETFScore 46
  5. Rank 23CEWUSiShares MSCI United Kingdom Small-Cap ETFScore 46
  6. Rank 25CEWTiShares MSCI Taiwan ETFScore 45

Our read on each fund

ETF.net Research

EWCAiShares MSCI Canada ETF

EWUSCiShares MSCI United Kingdom Small-Cap 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.

EWUS Britain only, small caps only. While the broad funds in its category spread across the developed world, EWUS tracks a single MSCI index of roughly 200 small UK companies, and has done so since 2012.

Stated mandate

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

EWUS The fund seeks to track an index of small-capitalization equities from the United Kingdom.

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
  • EWUS A scalpel, not a net: one index, roughly 200 UK small caps, no other countries diluting the call.
  • Does what the label says: it stays tight to the MSCI United Kingdom Small Cap Index, with little drift into other markets or larger names.
  • Live since January 2012 under the iShares roof, so it carries a long record spanning Brexit and everything after.

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.
  • EWUS 0.59% a year, while broad international small-cap options like VSS and SCHC charge a fraction of that. Single-country focus carries a price.
  • A small fund that trades lightly, so spreads can be wide and the size of your order and how you place it matter more than with a heavily traded ETF.
  • One country, one size band: nothing else in the basket cushions a rough patch in Britain, and the pound's moves against the dollar ride along.

Full EWC profile⁠

Full EWUS profile⁠

EWC vs EWUS Holdings

How EWC and EWUS differ

Overlap by weight

0.0%

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile1.1%
  • Sector11 Sectors51.2%
  • Asset classStocks100%

Sector

Sector weights in EWC and EWUS, widest gap first
SectorMore in EWCMore in EWUSGap
FinancialsEWC +21.3 points
Consumer DiscretionaryEWUS +14.8 points
EnergyEWC +13.2 points
IndustrialsEWUS +12.6 points
Real EstateEWUS +10.4 points
MaterialsEWC +7.9 points
CommunicationEWUS +7.0 points
TechnologyEWC +5.5 points
Health CareEWUS +3.5 points
UtilitiesEWC +1.0 points
Consumer StaplesEWUS +0.5 points

Country, concentration and asset class

Country by domicile

Country weights in EWC and EWUS, widest gap first
CountryMore in EWCMore in EWUSGap
CanadaEWC +98.9 points
United KingdomEWUS +91.1 points
United StatesEWUS +2.2 points
GreeceEWUS +1.2 points
South AfricaEWUS +1.0 points
IsraelEWUS +0.7 points
IrelandEWUS +0.5 points
Other countries (6)EWUS +2.1 points

Outside the US: EWUS 97% developed, 3% emerging.

Concentration

Weight in the 10 largest Holdings

  • EWC45.1%
  • EWUS16.0%

Securities held

  • EWC80
  • EWUS192

Asset class

EWC
Stocks
EWUS
Stocks

Holdings

  • Only in EWC80
  • In both0
  • Only in EWUS192

Only in EWC

80 securities, 99.7% of EWC by weight

  • Royal Bank of Canada9.12%
  • Toronto Dominion6.61%
  • Shopify Subordinate Voting Class A5.90%

Only in EWUS

192 securities, 99.5% of EWUS by weight

  • Imi PLC1.96%
  • Hiscox Ltd1.80%
  • Weir PLC1.80%

Weight gaps

EWC and EWUS share no securities.

All 81 EWC holdings⁠All 192 EWUS 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 EWUS Cost

Overpaying EWUS vs EWC

$1,656

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

  • EWC 0.50%

    $9,979

  • EWUS 0.59%

    $11,635

$10,000
30 years

Cost over time

  • EWC 0.50%
  • EWUS 0.59%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530EWUS $11,635EWC $9,979

Year by year

YearEWCEWUSOverpaying
10$900$1,058$158
20$3,460$4,051$591
30$9,979$11,635$1,656

Expense ratio

  • 0.50%EWC, cheaper
  • 0.59%EWUS
  • Middle half of Developed Single Country funds
  • Median 0.50%

EWC 14th cheapest of 38 funds

EWUS 29th cheapest of 38 funds

EWC vs EWUS Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
EWC 1.23%
EWUS 2.99%, better
Payout (12M)
EWC $0.75
EWUS $1.36
Last payment
EWC $0.28
EWUS $0.54
Ex-dividend
EWC Jun 15, 2026
EWUS Jun 15, 2026
Paid on
EWC Jun 18, 2026
EWUS Jun 18, 2026
Frequency
EWC Twice a year
EWUS 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
EWUSTwice a year · 20 paymentsAll EWUS payments⁠
One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.47; Dec 19, 2017 $0.66; Jun 19, 2018 $0.68; Dec 18, 2018 $0.51; Jun 17, 2019 $0.55; Dec 16, 2019 $0.60; Jun 15, 2020 $0.42; Dec 14, 2020 $0.41; Jun 10, 2021 $0.23; Dec 13, 2021 $1.34; Dec 30, 2021 $0.05; Jun 9, 2022 $0.44; Dec 13, 2022 $0.19; Jun 7, 2023 $0.36; Dec 20, 2023 $0.64; Jun 11, 2024 $0.43; Dec 17, 2024 $0.85; Jun 16, 2025 $0.68; Dec 16, 2025 $0.82; Jun 15, 2026 $0.54. Use the arrow keys to read each point.$0$12017202020232026YTD

EWC vs EWUS Risk

Fall from peak · 5 years

  • EWC
  • EWUS
Nov 9, 2021 to Nov 9, 2026. Worst fall: EWUS −44.9% · Oct 2022. Use the arrow keys to read each point.−40%−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
EWC 13.1%, betterEWUS 17.5%
Return per unit of riskSharpe ratio, 3 years
EWC 1.54, betterEWUS 0.84
Worst fallMax drawdown, 5 years
EWC −24.8%, betterEWUS −44.9%
Market sensitivityBeta, 5 years
EWC 0.86EWUS 1.16

EWC and EWUS in the news

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