EWC vs IVLU: Holdings Overlap
iShares · 84 holdings · $6.2B · as of 2026-05-31
IVLUiShares MSCI Intl Value Factor ETF
iShares · 355 holdings · $4.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (EWC: 2026-05-31, IVLU: 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 IVLU?
iShares MSCI Canada ETF (EWC, by iShares) holds 84 positions; iShares MSCI Intl Value Factor ETF (IVLU, by iShares) holds 355. They have 22 holdings in common, and by portfolio weight the two funds are 3.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22EWC holds 84 · IVLU holds 355
- Weight in Shared Holdings
- EWC 18%·IVLU 3%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
62 of 84 positions (81.5% of the fund) are not held by IVLU. Showing the top 30 by weight.
Sector Breakdown
| Sector | EWC | IVLU |
|---|---|---|
| Financials | 37.4% | 24.6% |
| Energy | 17.1% | 5.5% |
| Industrials | 5.5% | 16.2% |
| Materials | 15.5% | 7.2% |
| Information Technology | 8.2% | 9.1% |
| Other Sectors | 9.3% | 30.4% |
| Unclassified | 6.9% | 6.3% |
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, 6% of IVLU).
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% |
| IVLU | +4.9% | +18.8% | +35.6% | +24.5% | +15.9% | +11.5% | 3.16% |
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 IVLU →
Shared Holdings(22)
The top 10 shared positions account for 76% of the overlap, led by MFC, BNS and ABX.
 MFCManulife Financial Corporation COM | 2.09% | 0.41% | 0.41% |
|---|---|---|---|
 BNSBank of Nova Scotia COM NPV | 3.22% | 0.40% | 0.40% |
 ABXBarrick Mining Corp. | 2.34% | 0.35% | 0.35% |
 NTRNutrien Ltd. | 1.08% | 0.35% | 0.35% |
 FFHFairfax Financial Holdings Ltd. | 1.04% | 0.22% | 0.22% |
 MGAMagna International, Inc. | 0.56% | 0.21% | 0.21% |
 KUSDKinross Gold Corp. | 1.19% | 0.17% | 0.17% |
 GIBCGI Inc CL A SUB VTG | 0.44% | 0.17% | 0.17% |
 OTEXOpen Text Corp COM NPV | 0.19% | 0.16% | 0.16% |
 POWPower Corporation of Canada SUB-VTG NPV | 1.08% | 0.14% | 0.14% |
 TECKTeck Resources Ltd., Class B | 0.98% | 0.14% | 0.14% |
 RCIRogers Communications Inc. CLASS'B'COM CAD1.62478 | 0.46% | 0.13% | 0.13% |
 CVECenovus Energy, Inc. | 1.27% | 0.13% | 0.13% |
 WCPWhitecap Resources Inc COM NPV | 0.45% | 0.07% | 0.07% |
 ALAAltaGas Ltd. | 0.39% | 0.06% | 0.06% |
 SAPSaputo, Inc. | 0.24% | 0.06% | 0.06% |
 ARXARC Resources Ltd. | 0.42% | 0.05% | 0.05% |
 CTC-ACanadian Tire Corp Ltd. CLASS'A'CUM NON-VTG COM NPV | 0.21% | 0.05% | 0.05% |
 IAGiA Financial Corp., Inc. | 0.37% | 0.04% | 0.04% |
 EMP-AEmpire Co Ltd | 0.15% | 0.04% | 0.04% |
 BCEBCE Inc. COM NEW | 0.06% | 0.01% | 0.01% |
| CANADIAN DOLLAR | 0.16% | 0.00% | 0.00% |
Frequently Asked Questions
How much do EWC and IVLU overlap?
EWC and IVLU overlap by 3.4% of portfolio weight. They share 22 holdings (EWC holds 84 positions and IVLU holds 355), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWC and IVLU?
The two portfolios are 3.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EWC and IVLU?
The largest positions held by both funds are MFC, BNS, ABX, NTR and FFH. Together the top 10 shared positions account for 76% of the total overlap.
What does EWC own that IVLU doesn't?
62 positions (81.5% of EWC) are unique to EWC, led by RY, TD and SHOP. In the other direction, 333 positions (95.9% of IVLU) are unique to IVLU.