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EWH vs FLCA

iShares MSCI Hong Kong ETF

EWHCNYSE Arca

Franklin FTSE Canada ETF

FLCAANYSE Arca

Overlap

Expense ratio

FLCA −0.41pt a year

EWH0.50%FLCA0.09%

Avg volume · 30D

EWH 59.0×the volume

EWH2.9MFLCA49K

5Y return · a year

FLCA +9.6pt

EWH+2.1%FLCA+11.7%

EWH vs FLCA Performance

Oct 29, 2021 – Oct 30, 2026

+11.2%EWH+73.7%FLCA

Oct 29, 2021 to Oct 30, 2026. EWH +11.2%. FLCA +73.7%. Use the arrow keys to read each point.−25%25%50%Oct 2021Apr 2024Oct 2026
Expense ratio
EWH 0.50%
FLCA 0.09%, better
Fund size
EWH $1.24B
FLCA $857M
1Y total return
EWH +9.7%
FLCA +21.5%, better
Yield (12M)
EWH 4.60%, better
FLCA 1.70%
Holdings
EWH 30
FLCA 92
Avg volume (30D)
EWH 2.9M sh, better
FLCA 49K sh
NAV per share
EWH $22.34
FLCA $54.21
52W range

ETF.net Grade

EWH: Cost 55, Risk 36, Mission 48, Tradability 82, Holdings 32, Durability 71. FLCA: Cost 93, Risk 87, Mission 65, Tradability 69, Holdings 81, Durability 53.
Pillar letters and Scores for EWH, FLCA, with each pillar’s weight
PillarEWHFLCA
Cost30% weightB55A93Higher
Mission25% weightC48B65Higher
Risk15% weightD36A87Higher
Tradability15% weightA82HigherB69
Holdings10% weightD32A81Higher
Durability5% weightA71HigherC53

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. EWH and FLCA 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 ›

FLCA ranks 1st and EWH 19th 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 3AFLGBFranklin FTSE United Kingdom ETFScore 76
  4. Rank 19CEIRLiShares MSCI Ireland ETFScore 53
  5. Rank 19CEWHiShares MSCI Hong Kong ETFScore 53
  6. Rank 21CEWKiShares MSCI Belgium ETFScore 50

Our read on each fund

ETF.net Research

EWHCiShares MSCI Hong Kong ETF

FLCAAFranklin FTSE Canada ETF

In short

EWH Hong Kong in a single US ticker, listed back in 1996. Roughly two dozen large Hong Kong companies tracking MSCI's Hong Kong 25-50 index, from the first generation of single-country funds.

FLCA Canada in one ticker, at index-fund pricing. FLCA tracks the FTSE Canada Capped Index, about 50 large- and mid-cap Canadian names, for 0.09% a year.

Stated mandate

EWH The fund seeks to track an index of Hong Kong equities, providing targeted exposure to companies in Hong Kong.

FLCA The fund seeks to track the FTSE Canada Capped Index, which measures the performance of Canadian large- and mid-capitalization stocks.

Why people hold it

  • EWH One ticker, one city: targeted exposure to Hong Kong companies rather than a broad China blend, tracking the MSCI Hong Kong 25-50 Index.ishares.com
  • Trading since March 1996, one of the longest continuously running single-country ETFs on the US market.
  • A multibillion-dollar, actively traded iShares fund, so getting in and out is usually straightforward.
  • FLCA 0.09% a year against a 0.45% median for index-tracking ETFs. On plain-vanilla country exposure, the fee gap is most of the story.
  • The mandate is refreshingly plain: the FTSE Canada Capped Index, Canadian large and mid caps, no factor tilts, no derivatives overlay.
  • Live since 2017 and one of the stronger implementations in a crowded field of index trackers.

Worth knowing

  • EWH 0.50% a year sits above the median index tracker in its peer group, and well above core baskets like SCHK (0.03%) and VT (0.06%).
  • Roughly two dozen holdings tied to one city's economy, so a handful of large names and Hong Kong's own cycle drive the ride.
  • Distributions arrive once or twice a year, not monthly.
  • FLCA About 50 stocks in one country. That is a targeted slice of the world, not a diversified core.
  • Mid-sized and moderately traded, so limit orders are the sane way in and out.
  • Distributions arrive once or twice a year rather than quarterly, which matters if you spend the income.

Full EWH profile⁠

Full FLCA profile⁠

EWH vs FLCA 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.

EWH vs FLCA Cost

Overpaying EWH vs FLCA

$8,081

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

  • EWH 0.50%

    $9,979

  • FLCA 0.09%

    $1,898

$10,000
30 years

Cost over time

  • EWH 0.50%
  • FLCA 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530EWH $9,979FLCA $1,898

Year by year

YearEWHFLCAOverpaying
10$900$165$735
20$3,460$646$2,814
30$9,979$1,898$8,081

Expense ratio

  • 0.50%EWH
  • 0.09%FLCA, cheaper
  • Middle half of Developed Single Country funds
  • Median 0.50%

FLCA cheapest of 38 funds

EWH 14th cheapest of 38 funds

EWH vs FLCA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EWH 4.60%, better
FLCA 1.70%
Payout (12M)
EWH $1.04
FLCA $0.92
Last payment
EWH $0.35
FLCA $0.39
Ex-dividend
EWH Jun 15, 2026
FLCA Jun 26, 2026
Paid on
EWH Jun 18, 2026
FLCA Jul 6, 2026
Frequency
EWH Twice a year
FLCA Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

EWHTwice a year · 20 paymentsAll EWH payments⁠
One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.40; Dec 19, 2017 $0.71; Jun 19, 2018 $0.39; Dec 18, 2018 $0.27; Jun 17, 2019 $0.45; Dec 16, 2019 $0.21; Jun 15, 2020 $0.41; Dec 14, 2020 $0.22; Jun 10, 2021 $0.38; Dec 13, 2021 $0.25; Dec 30, 2021 $0.0083; Jun 9, 2022 $0.33; Dec 13, 2022 $0.28; Jun 7, 2023 $0.31; Dec 20, 2023 $0.43; Jun 11, 2024 $0.35; Dec 17, 2024 $0.34; Jun 16, 2025 $0.42; Dec 16, 2025 $0.69; Jun 15, 2026 $0.35. Use the arrow keys to read each point.$0$0.502017202020232026YTD
FLCATwice a year · 19 paymentsAll FLCA payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Dec 20, 2017 $0.02; Jun 20, 2018 $0.18; Dec 20, 2018 $0.46; Jun 11, 2019 $0.23; Dec 11, 2019 $0.37; Jun 11, 2020 $0.26; Dec 14, 2020 $0.42; Jun 10, 2021 $0.24; Dec 13, 2021 $0.44; Dec 30, 2021 $0.02; Jun 17, 2022 $0.05; Dec 16, 2022 $0.60; Jun 16, 2023 $0.30; Dec 15, 2023 $0.52; Jun 21, 2024 $0.36; Dec 20, 2024 $0.55; Jun 20, 2025 $0.37; Dec 19, 2025 $0.53; Jun 26, 2026 $0.39. Use the arrow keys to read each point.$0$0.502017202020232026YTD

EWH vs FLCA Risk

Fall from peak · 5 years

  • EWH
  • FLCA
Oct 29, 2021 to Oct 30, 2026. Worst fall: EWH −36.3% · Apr 2024. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EWH 18.6%FLCA 13.1%, better
Return per unit of riskSharpe ratio, 3 years
EWH 0.62FLCA 1.54, better
Worst fallMax drawdown, 5 years
EWH −36.3%FLCA −24.2%, better
Market sensitivityBeta, 5 years
EWH 0.71FLCA 0.81

EWH and FLCA in the news

All news⁠

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