EWC vs IQLT: Holdings Overlap
iShares · 84 holdings · $6.2B · as of 2026-05-31
IQLTiShares MSCI Intl Quality Factor ETF
iShares · 309 holdings · $14.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWC: 2026-05-31, IQLT: 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 IQLT?
iShares MSCI Canada ETF (EWC, by iShares) holds 84 positions; iShares MSCI Intl Quality Factor ETF (IQLT, by iShares) holds 309. They have 29 holdings in common, and by portfolio weight the two funds are 8.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 29EWC holds 84 · IQLT holds 309
- Weight in Shared Holdings
- EWC 29%·IQLT 8%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
55 of 84 positions (70.8% of the fund) are not held by IQLT. Showing the top 30 by weight.
Sector Breakdown
| Sector | EWC | IQLT |
|---|---|---|
| Financials | 37.4% | 23.4% |
| Industrials | 5.5% | 17.3% |
| Energy | 17.1% | 5.5% |
| Materials | 15.5% | 7.0% |
| Information Technology | 8.2% | 10.8% |
| Other Sectors | 9.3% | 30.3% |
| Unclassified | 6.9% | 5.0% |
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, 5% of IQLT).
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% |
| IQLT | +4.5% | +15.4% | +24.8% | +16.1% | +8.2% | +10.1% | 2.31% |
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 IQLT →
Shared Holdings(29)
The top 10 shared positions account for 64% of the overlap, led by SU, MFC and AEM.
 SUSuncor Energy, Inc. | 2.44% | 1.02% | 1.02% |
|---|---|---|---|
 MFCManulife Financial Corporation COM | 2.09% | 0.78% | 0.78% |
 AEMAgnico Eagle Mines Ltd. | 3.00% | 0.56% | 0.56% |
 CNICanadian National Railway Company COM | 2.02% | 0.53% | 0.53% |
 SLFSun Life Financial Inc. COM | 1.29% | 0.46% | 0.46% |
 CLSCelestica, Inc. | 1.45% | 0.44% | 0.44% |
 IFCIntact Financial Corp. | 1.14% | 0.44% | 0.44% |
 BAMBrookfield Asset Management Ltd CL A LMT VTG SHS | 0.64% | 0.41% | 0.41% |
 IMOImperial Oil Ltd. | 0.65% | 0.39% | 0.39% |
 ABXBarrick Mining Corp. | 2.34% | 0.36% | 0.36% |
 WPMWheaton Precious Metals Corp. | 1.98% | 0.35% | 0.35% |
 POWPower Corp. of Canada | 1.08% | 0.32% | 0.32% |
 FNVFranco-Nevada Corp. | 1.45% | 0.26% | 0.26% |
 KUSDKinross Gold Corp. | 1.19% | 0.25% | 0.25% |
 WCPWhitecap Resources Inc | 0.45% | 0.22% | 0.22% |
 GWOGreat-West Lifeco, Inc. | 0.52% | 0.20% | 0.20% |
 ARXARC Resources Ltd. | 0.42% | 0.18% | 0.18% |
 ATDAlimentation Couche-Tard, Inc. | 1.35% | 0.18% | 0.18% |
 TOUTourmaline Oil Corp. | 0.55% | 0.17% | 0.17% |
 IAGiA Financial Corp., Inc. | 0.37% | 0.16% | 0.16% |
 XCADTMX Group Ltd. | 0.34% | 0.12% | 0.12% |
 TIHToromont Industries Ltd | 0.44% | 0.12% | 0.12% |
 KEYKeyera Corp. | 0.38% | 0.09% | 0.09% |
 GIBCGI, Inc. | 0.44% | 0.08% | 0.08% |
| CANADIAN DOLLAR | 0.16% | 0.06% | 0.06% |
Frequently Asked Questions
How much do EWC and IQLT overlap?
EWC and IQLT overlap by 8.4% of portfolio weight. They share 29 holdings (EWC holds 84 positions and IQLT holds 309), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWC and IQLT?
The two portfolios are 8.4% 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 IQLT?
The largest positions held by both funds are SU, MFC, AEM, CNI and SLF. Together the top 10 shared positions account for 64% of the total overlap.
What does EWC own that IQLT doesn't?
55 positions (70.8% of EWC) are unique to EWC, led by RY, TD and SHOP. In the other direction, 280 positions (91.0% of IQLT) are unique to IQLT.