EWC vs GSIE: Holdings Overlap
iShares · 84 holdings · $6.2B · as of 2026-05-31
GSIEGoldman Sachs ActiveBeta(R) International Equity ETF
Goldman Sachs · 657 holdings · $6.0B · as of 2026-05-31
How similar are EWC and GSIE?
iShares MSCI Canada ETF (EWC, by iShares) holds 84 positions; Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657. They have 69 holdings in common, and by portfolio weight the two funds are 11.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 69EWC holds 84 · GSIE holds 657
- Weight in Shared Holdings
- EWC 90%·GSIE 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
15 of 84 positions (9.9% of the fund) are not held by GSIE.
Sector Breakdown
| Sector | EWC | GSIE |
|---|---|---|
| Financials | 37.4% | 24.0% |
| Energy | 17.1% | 4.0% |
| Materials | 15.5% | 5.6% |
| Industrials | 5.5% | 15.3% |
| Information Technology | 8.2% | 9.0% |
| Other Sectors | 9.3% | 26.4% |
| Unclassified | 6.9% | 15.0% |
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, 15% of GSIE).
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% |
| GSIE | +5.0% | +14.2% | +23.8% | +18.4% | +9.5% | +9.8% | 2.43% |
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 GSIE →
Shared Holdings(69)
The top 10 shared positions account for 42% of the overlap, led by RY, TD and CM.
 RYGovernment Long Bond 1.2x Strategy Fund | 8.71% | 1.06% | 1.06% |
|---|---|---|---|
 TDThe Toronto-Dominion Bank COM NEW | 6.28% | 0.78% | 0.78% |
 CMCanadian Imperial Bank of Commerce COM | 3.30% | 0.46% | 0.46% |
 MGAMagna International Inc | 0.56% | 0.43% | 0.43% |
 BNSBank of Nova Scotia/The | 3.22% | 0.39% | 0.39% |
 BMOBank of Montreal COM | 3.74% | 0.36% | 0.36% |
 ENBEnbridge Inc. COM | 3.89% | 0.32% | 0.32% |
 LLoblaw Cos Ltd | 0.85% | 0.32% | 0.32% |
 CSUConstellation Software Inc/Canada | 1.34% | 0.31% | 0.31% |
 SUSuncor Energy Inc | 2.44% | 0.30% | 0.30% |
 FFHFairfax Financial Holdings Ltd | 1.04% | 0.26% | 0.26% |
 WSPWSP Global Inc | 0.62% | 0.25% | 0.25% |
 POWPower Corp of Canada | 1.08% | 0.24% | 0.24% |
 LUGLundin Gold Inc | 0.24% | 0.33% | 0.24% |
 NANational Bank of Canada | 1.85% | 0.22% | 0.22% |
 TRPTC Energy Corp COM | 2.25% | 0.20% | 0.20% |
 SHOPShopify, Inc., Class A | 4.74% | 0.20% | 0.20% |
 CVECenovus Energy Inc | 1.27% | 0.19% | 0.19% |
 WNGeorge Weston Ltd | 0.39% | 0.18% | 0.18% |
 CTC-ACanadian Tire Corp Ltd | 0.21% | 0.18% | 0.18% |
 KUSDKinross Gold Corp | 1.19% | 0.18% | 0.18% |
 AEMAgnico Eagle Mines Ltd | 3.00% | 0.18% | 0.18% |
 BAMBrookfield Asset Management Ltd CL A LMT VTG SHS | 0.64% | 0.16% | 0.16% |
 MFCManulife Financial Corporation COM | 2.09% | 0.15% | 0.15% |
 ABXBarrick Mining Corp | 2.34% | 0.15% | 0.15% |
Frequently Asked Questions
How much do EWC and GSIE overlap?
EWC and GSIE overlap by 11.3% of portfolio weight. They share 69 holdings (EWC holds 84 positions and GSIE holds 657), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWC and GSIE?
The two portfolios are 11.3% 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 GSIE?
The largest positions held by both funds are RY, TD, CM, MGA and BNS. Together the top 10 shared positions account for 42% of the total overlap.
What does EWC own that GSIE doesn't?
15 positions (9.9% of EWC) are unique to EWC, led by CP, CNI and TECK. In the other direction, 588 positions (87.8% of GSIE) are unique to GSIE.