ETF comparison
EWC vs SPDW
Both International Developed.
iShares MSCI Canada ETF · State Street SPDR Portfolio Developed World ex-US ETF
Holdings overlap
82 positions appear in both funds. Buying equal dollars of EWC and SPDW would leave roughly 9.8% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
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 | 7.78% | 0.75% | 0.75% |
| 2 | Toronto-Dominion Bank/The | 5.61% | 0.52% | 0.52% |
| 3 | Shopify Inc | 4.83% | 0.48% | 0.48% |
| 4 | Enbridge Inc | 3.81% | 0.39% | 0.39% |
| 5 | Agnico Eagle Mines Ltd | 4.16% | 0.36% | 0.36% |
| 6 | Canadian Natural Resources Ltd | 3.02% | 0.34% | 0.34% |
| 7 | Bank of Montreal | 3.43% | 0.33% | 0.33% |
| 8 | Brookfield Corp | 2.86% | 0.30% | 0.30% |
| 9 | Bank of Nova Scotia/The | 3.11% | 0.30% | 0.30% |
| 10 | Canadian Imperial Bank of Commerce | 3.12% | 0.30% | 0.30% |
| 11 | Suncor Energy Inc | 2.30% | 0.26% | 0.26% |
| 12 | Canadian Pacific Kansas City Ltd | 2.68% | 0.25% | 0.25% |
Only in EWC
3 total- BlackRock Funds III 1.00%
- RB Global Inc 0.61%
- CONSTELLATION SOFTWARE INC 0.00%
Only in SPDW
2,319 total- Samsung Electronics Co Ltd 1.87%
- ASML Holding NV 1.68%
- AstraZeneca PLC 1.00%
- Novartis AG 0.98%
- SK hynix Inc 0.96%
- HSBC Holdings PLC 0.93%
- Shell PLC 0.93%
- Roche Holding AG 0.92%
- Nestle SA 0.86%
- Toyota Motor Corp 0.81%
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.