EWC vs DFIV: Holdings Overlap
iShares · 84 holdings · $6.2B · as of 2026-05-31
DFIVDimensional International Value ETF
Dimensional · 572 holdings · $21.4B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWC: 2026-05-31, DFIV: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are EWC and DFIV?
iShares MSCI Canada ETF (EWC, by iShares) holds 84 positions; Dimensional International Value ETF (DFIV, by Dimensional) holds 572. They have 32 holdings in common, and by portfolio weight the two funds are 11.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 32EWC holds 84 · DFIV holds 572
- Weight in Shared Holdings
- EWC 43%·DFIV 12%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in EWC
52 of 84 positions (56.7% of the fund) are not held by DFIV. Showing the top 30 by weight.
Sector Breakdown
| Sector | EWC | DFIV |
|---|---|---|
| Financials | 37.4% | 30.2% |
| Energy | 17.1% | 14.9% |
| Materials | 15.5% | 9.8% |
| Information Technology | 8.2% | 1.9% |
| Industrials | 5.5% | 6.6% |
| Other Sectors | 9.3% | 22.8% |
| Unclassified | 6.9% | 13.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (7% of EWC, 13% of DFIV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWC | +5.0% | +14.2% | +31.3% | +22.9% | +12.6% | +11.6% | 1.22% |
| DFIV | +4.9% | +18.1% | +34.9% | +24.0% | — | — | 2.55% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in EWC vs DFIV →
Shared Holdings(32)
The top 10 shared positions account for 70% of the overlap, led by TD, SU and BMO.
 TDThe Toronto-Dominion Bank COM NEW | 6.28% | 1.32% | 1.32% |
|---|---|---|---|
 SUSuncor Energy Inc | 2.44% | 1.17% | 1.17% |
 BMOBank of Montreal COM | 3.74% | 0.96% | 0.96% |
 BNSBank of Nova Scotia/The | 3.22% | 0.90% | 0.90% |
 NTRNutrien Ltd | 1.08% | 0.79% | 0.79% |
 CMCanadian Imperial Bank of Commerce COM | 3.30% | 0.71% | 0.71% |
 FFHFairfax Financial Holdings Ltd | 1.04% | 0.66% | 0.66% |
 CVECenovus Energy Inc | 1.27% | 0.65% | 0.65% |
 MFCManulife Financial Corporation COM | 2.09% | 0.57% | 0.57% |
 TOUTourmaline Oil Corp | 0.55% | 0.51% | 0.51% |
 TECKTeck Resources Ltd | 0.98% | 0.35% | 0.35% |
 PBAPembina Pipeline Corporation COM | 0.88% | 0.34% | 0.34% |
 ABXBarrick Mining Corp | 2.34% | 0.34% | 0.34% |
 MGAMagna International Inc | 0.56% | 0.34% | 0.34% |
 WCPWhitecap Resources Inc | 0.45% | 0.29% | 0.29% |
 CPCanadian Pacific Kansas City Ltd | 2.60% | 0.27% | 0.27% |
 LUNLundin Mining Corp | 0.66% | 0.25% | 0.25% |
 ARXARC Resources Ltd | 0.42% | 0.23% | 0.23% |
 IAGiA Financial Corp Inc | 0.37% | 0.20% | 0.20% |
 PAASPan American Silver Corp | 0.78% | 0.19% | 0.19% |
 RCIRogers Communications Inc. CL B | 0.46% | 0.15% | 0.15% |
 SLFSun Life Financial Inc. COM | 1.29% | 0.14% | 0.14% |
 FMFirst Quantum Minerals Ltd | 0.71% | 0.11% | 0.11% |
 ALAAltaGas Ltd | 0.39% | 0.07% | 0.07% |
 BCEBCE Inc. COM NEW | 0.06% | 0.11% | 0.06% |
Frequently Asked Questions
How much do EWC and DFIV overlap?
EWC and DFIV overlap by 11.8% of portfolio weight. They share 32 holdings (EWC holds 84 positions and DFIV holds 572), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWC and DFIV?
The two portfolios are 11.8% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of EWC and DFIV?
The largest positions held by both funds are TD, SU, BMO, BNS and NTR. Together the top 10 shared positions account for 70% of the total overlap.
What does EWC own that DFIV doesn't?
52 positions (56.7% of EWC) are unique to EWC, led by RY, SHOP and ENB. In the other direction, 540 positions (87.3% of DFIV) are unique to DFIV.