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EWC vs EWY

iShares MSCI Canada ETF

EWCANYSE Arca

iShares MSCI South Korea ETF

EWYCNYSE Arca

Overlap

Expense ratio

EWC −0.09pt a year

EWC0.50%EWY0.59%

Avg volume · 30D

EWY 10.7×the volume

EWC1.68MEWY18M

10Y return · a year

EWY +1.4pt

EWC+11.4%EWY+12.8%

EWC vs EWY Performance

Oct 29, 2021 – Oct 30, 2026

+71.2%EWC+113.7%EWY

Oct 29, 2021 to Oct 30, 2026. EWC +71.2%. EWY +113.7%. Use the arrow keys to read each point.−50%0%150%200%Oct 2021Apr 2024Oct 2026
Expense ratio
EWC 0.50%, better
EWY 0.59%
Fund size
EWC $7.58B
EWY $22.3B
1Y total return
EWC +21.1%
EWY +61.2%, better
Yield (12M)
EWC 1.24%
EWY 1.33%, better
Holdings
EWC 83
EWY 79
Avg volume (30D)
EWC 1.68M sh
EWY 18M sh, better
NAV per share
EWC $60.62
EWY $152.17
52W range

ETF.net Grade

EWC: Cost 55, Risk 87, Mission 90, Tradability 97, Holdings 78, Durability 80. EWY: Cost 18, Risk 24, Mission 57, Tradability 66, Holdings 38, Durability 84.
Pillar letters and Scores for EWC, EWY, with each pillar’s weight
PillarEWCEWY
Cost30% weightB55HigherF18
Mission25% weightA90HigherB57
Risk15% weightA87HigherF24
Tradability15% weightA97HigherB66
Holdings10% weightA78HigherD38
Durability5% weightA80A84Higher

Rank among Developed Single Country funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EWC and EWY 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 EWY 30th 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 29CIZRLARK Israel Innovative Technology ETFScore 42
  4. Rank 30CEWYiShares MSCI South Korea ETFScore 41
  5. Rank 31CISRAVanEck Israel ETFScore 40

Our read on each fund

ETF.net Research

EWCAiShares MSCI Canada ETF

EWYCiShares MSCI South Korea 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.

EWY Korea in one ticker since 2000: a multi-billion-dollar, heavily traded fund built on a capped index so no single conglomerate swallows the portfolio. Newer rivals charge far less for similar exposure.

Stated mandate

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

EWY The fund seeks to track an index of South Korean equities, providing targeted exposure to companies in South Korea.

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
  • EWY Trading since 2000, through every Korean boom and bust, and still a multi-billion-dollar fund that is very actively traded.
  • Tracks the MSCI Korea 25/50 Index, a capped build that limits how far any single issuer can dominate roughly 80 holdings.ishares.com
  • One ticker buys the South Korean equity market: no ADR hunting, no local brokerage account.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.
  • EWY At 0.59% a year it runs above the typical single-country developed fund, and Franklin's FLKR charges 0.09% for Korea exposure.
  • Everything rides on one country and roughly 80 names, so Korean policy, sector cycles and won moves land directly in the price.
  • Income arrives annually or semiannually, not on a monthly drip.

Full EWC profile⁠

Full EWY profile⁠

EWC vs EWY 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 EWY Cost

Overpaying EWY vs EWC

$1,656

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

  • EWC 0.50%

    $9,979

  • EWY 0.59%

    $11,635

$10,000
30 years

Cost over time

  • EWC 0.50%
  • EWY 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$12.5K051015202530EWY $11,635EWC $9,979

Year by year

YearEWCEWYOverpaying
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%EWY
  • Middle half of Developed Single Country funds
  • Median 0.50%

EWC 14th cheapest of 38 funds

EWY 29th cheapest of 38 funds

EWC vs EWY Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EWC 1.24%
EWY 1.33%, better
Payout (12M)
EWC $0.75
EWY $2.04
Last payment
EWC $0.28
EWY $2.04
Ex-dividend
EWC Jun 15, 2026
EWY Dec 16, 2025
Paid on
EWC Jun 18, 2026
EWY Dec 19, 2025
Frequency
EWC Twice a year
EWY Annual

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$2.502017202020232026YTD
EWYAnnual · 9 paymentsAll EWY payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 19, 2017 $2.18; Dec 18, 2018 $0.79; Dec 16, 2019 $1.31; Dec 14, 2020 $0.63; Dec 13, 2021 $1.68; Dec 13, 2022 $0.70; Dec 20, 2023 $1.65; Dec 17, 2024 $1.30; Dec 16, 2025 $2.04. Use the arrow keys to read each point.$0$2.502017202020232026YTD

EWC vs EWY Risk

Fall from peak · 5 years

  • EWC
  • EWY
Oct 29, 2021 to Oct 30, 2026. Worst fall: EWY −40.6% · Sep 2022. 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%, betterEWY 43.8%
Return per unit of riskSharpe ratio, 3 years
EWC 1.54, betterEWY 0.95
Worst fallMax drawdown, 5 years
EWC −24.8%, betterEWY −40.6%
Market sensitivityBeta, 5 years
EWC 0.88EWY 2.40

EWC and EWY in the news

All news⁠

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