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ETF comparison

EWC vs SPDW

Both International Developed.

iShares MSCI Canada ETF · State Street SPDR Portfolio Developed World ex-US ETF

Holdings overlap

Weighted by ISIN/CUSIP
9.2 %

82 positions appear in both funds. Buying equal dollars of EWC and SPDW would leave roughly 9.2% of each dollar exposed to the same underlying securities.

EWC unmatched 90.5% Shared 9.2% SPDW unmatched 89.4%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In EWC only
2 positions
Shared
82 positions
In SPDW only
2,346 positions

Side by side

EWC

iShares MSCI Canada ETF

iShares · International Developed

67 composite / 100
Expense ratio
0.50%
Net assets
$7.02B
TTM yield
1.23%
Top-10 conc.
43.0%
SPDW

State Street SPDR Portfolio Developed World ex-US ETF

State Street · International Developed

93 composite / 100
Expense ratio
0.030%
Net assets
$41.14B
TTM yield
3.08%
Top-10 conc.
14.0%

Sub-score comparison

50
Cost
97
81
Tax efficiency
77
93
Liquidity
100
53
Concentration
94
—
Tracking quality
—
EWC sub-score SPDW

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPDW is 47 bps cheaper than EWC. On a $100,000 position that's about $470/yr more in fees for EWC.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with EWC vs SPDW.

Top shared holdings

82 shared in total
# Holding In EWC In SPDW Overlap
1 ROYAL BANK OF CANADA 8.71% 0.86% 0.86%
2 THE TORONTO-DOMINION BANK 6.28% 0.60% 0.60%
3 SHOPIFY INC. 4.74% 0.42% 0.42%
4 BANK OF MONTREAL 3.74% 0.38% 0.38%
5 Enbridge Inc. 3.89% 0.35% 0.35%
6 THE BANK OF NOVA SCOTIA 3.22% 0.33% 0.33%
7 CANADIAN IMPERIAL BANK OF COMMERCE 3.30% 0.32% 0.32%
8 Brookfield Corporation 3.05% 0.28% 0.28%
9 AGNICO EAGLE MINES LIMITED 3.00% 0.25% 0.25%
10 CANADIAN NATURAL RESOURCES LIMITED 3.08% 0.24% 0.24%
11 Canadien Pacifique Kansas City Limitee 2.60% 0.24% 0.24%
12 Canadian National Railway Company 2.02% 0.22% 0.22%

Only in EWC

2 total
  • RB Global, Inc. 0.64%
  • CONSTELLATION SOFTWARE INC CANADA 0.00%

Only in SPDW

2,346 total
  • Samsung Electronics Co Ltd 2.96%
  • SK hynix Inc 2.79%
  • ASML Holding NV 2.28%
  • HSBC Holdings PLC 0.97%
  • AstraZeneca PLC 0.87%
  • Roche Holding AG 0.86%
  • Novartis AG 0.86%
  • Nestle SA 0.80%
  • Mitsubishi UFJ Financial Group Inc 0.72%
  • Siemens AG 0.70%

Percentages are holdings overlap with the named fund.

Open EWC or SPDW at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.