EWC vs KMCA

EWCAiShares MSCI Canada ETF

KMCAFPLUS Korea Manufacturing Core Alliance Index 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.

KMCA Korea, minus the index filler. KMCA holds roughly 40 companies in the industries Korea actually dominates: AI chips, batteries, shipyards, defense, power grid and nuclear, robotics. Hanwha's PLUS lineup, wrapped for US buyers.

Stated mandate

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

KMCA The Fund seeks investment results that generally correspond to the performance of an index, before fees and expenses.

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

• KMCA A thesis, not a benchmark: the index targets Korean firms tied to AI semiconductors, rechargeable batteries, shipbuilding, defense, power grid and nuclear energy, and robotics.prnewswire.com
• Roughly 40 holdings, so chipmakers, shipyards and defense names carry real weight instead of sitting as rounding errors in a market-cap list.
• Rules-based and index-tracked, built by Hanwha Asset Management's PLUS team and brought to the US by white-label specialist Exchange Traded Concepts.prnewswire.cominvesting.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.

• KMCA 0.65% a year sits above the typical single-country developed-market fund; broad UK and Canada trackers like FLGB and FLCA charge 0.09%.
• A 2026 launch with a small asset base: the record is short, and thinner trading can mean wider bid-ask spreads.
• Non-diversified and cyclical: memory prices, shipyard order books and defense budgets swing this basket, and you carry Korean won exposure.yahoo.comprnewswire.com

Full EWC profile⁠

Full KMCA profile⁠