EWC
iShares MSCI Canada ETF
📎 Investment Objective
The iShares MSCI Canada ETF (EWC) seeks to track the investment results of an index composed of Canadian equities, providing investors exposure to the Canadian stock market.
Overview
ETF tracking iShares MSCI Canada ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI Canada ETF (EWC) seeks to track the investment results of an index composed of Canadian equities, providing investors exposure to the Canadian stock market.
🎯 Investment Strategy
The ETF employs a passively managed, index-based approach, investing in a representative sample of stocks included in the MSCI Canada Index. This index is designed to measure the performance of the large- and mid-cap segments of the Canadian equity market.
✨ Key Features
- Provides broad exposure to the Canadian equity market
- Passively tracks the MSCI Canada Index, a well-known and widely followed benchmark
- Low expense ratio of 0.00%, making it a cost-effective way to gain Canadian market exposure
- Suitable for investors seeking exposure to the Canadian economy and stock market
⚠️ Primary Risks
- Market risk: The value of the ETF's shares will fluctuate with changes in the value of the underlying Canadian stocks
- Country-specific risk: As a single-country fund, the ETF is subject to risks associated with investing in Canada, including economic, political, and currency fluctuations
- Concentration risk: The ETF's performance is heavily tied to the performance of the Canadian market, which may be more volatile than a more diversified global portfolio
- Liquidity risk: The ETF may experience lower trading volumes, which could impact its ability to buy or sell shares at desired prices
👤 Best For
The iShares MSCI Canada ETF may be suitable for investors seeking exposure to the Canadian equity market as part of a diversified portfolio. It can be used as a core holding or to complement other international investments. Investors should be comfortable with the risks associated with investing in a single-country fund and be prepared for potentially higher volatility compared to a more diversified global fund.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | RY | ROYAL BANK OF CANADA | 7.84% | Financials |
| 2 | SHOP | SHOPIFY SUBORDINATE VOTING INC CLA | 6.75% | Information Technology |
| 3 | TD | TORONTO DOMINION | 5.39% | Financials |
| 4 | ENB | ENBRIDGE INC | 3.98% | Energy |
| 5 | BMO | BANK OF MONTREAL | 3.40% | Financials |
| 6 | BN | BROOKFIELD CORP CLASS A | 3.28% | Financials |
| 7 | AEM | AGNICO EAGLE MINES LTD | 3.21% | Materials |
| 8 | BNS | BANK OF NOVA SCOTIA | 3.17% | Financials |
| 9 | CM | CANADIAN IMPERIAL BANK OF COMMERCE | 3.06% | Financials |
| 10 | CNQ | CANADIAN NATURAL RESOURCES LTD | 2.58% | Energy |
| 11 | CP | CANADIAN PACIFIC KANSAS CITY LTD | 2.50% | Industrials |
| 12 | ABX | BARRICK MINING CORP | 2.37% | Materials |
| 13 | MFC | MANULIFE FINANCIAL CORP | 2.24% | Financials |
| 14 | TRP | TC ENERGY CORP | 2.14% | Energy |
| 15 | SU | SUNCOR ENERGY INC | 2.04% | Energy |