What is iShares MSCI Canada ETF's average monthly return?

iShares MSCI Canada ETF has averaged about 0.89% per month, positive in roughly 57% of months.

EWC

iShares MSCI Canada ETFETF · Country ETFs

$59.07+$0.25 (+0.43%)as of market close, Jul 24, 2026

EWC monthly returns

iShares MSCI Canada ETF has averaged 0.89% per month, positive in 57% of months. Month-by-month returns for iShares MSCI Canada ETF (EWC) below, through July 24, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.

Average month

+0.9%

211 months

Best month

+23.3%

May 2009

Worst month

-20.8%

Mar 2020

Positive months

57%

of all months

iShares MSCI Canada ETF monthly returns#

iShares MSCI Canada ETF total return by month
Month	Path	Total return
Jul 2026		+2.5%
Jun 2026		-2.0%
May 2026		+0.4%
Apr 2026		+7.0%
Mar 2026		-5.5%
Feb 2026		+6.9%
Jan 2026		+0.6%
Dec 2025		+3.2%
Nov 2025		+3.9%
Oct 2025		+0.4%
Sep 2025		+3.6%
Aug 2025		+5.7%
Jul 2025		-0.0%
Jun 2025		+3.4%
May 2025		+5.9%
Apr 2025		+4.2%
Mar 2025		-1.2%
Feb 2025		+0.0%
Jan 2025		+2.3%
Dec 2024		-5.6%
Nov 2024		+6.4%
Oct 2024		-2.1%
Sep 2024		+2.5%
Aug 2024		+4.0%
Jul 2024		+4.9%
Jun 2024		-2.2%
May 2024		+3.6%
Apr 2024		-3.6%
Mar 2024		+4.1%
Feb 2024		+1.2%
Jan 2024		-0.9%
Dec 2023		+6.3%
Nov 2023		+10.2%
Oct 2023		-5.1%
Sep 2023		-3.5%
Aug 2023		-3.9%
Jul 2023		+3.1%
Jun 2023		+6.3%
May 2023		-5.5%
Apr 2023		+3.0%
Mar 2023		+0.4%
Feb 2023		-5.0%
Jan 2023		+9.5%
Dec 2022		-5.6%
Nov 2022		+6.5%
Oct 2022		+7.4%
Sep 2022		-8.7%
Aug 2022		-4.6%
Jul 2022		+4.8%
Jun 2022		-10.3%
May 2022		+2.1%
Apr 2022		-7.9%
Mar 2022		+5.2%
Feb 2022		+0.1%
Jan 2022		-0.6%
Dec 2021		+4.1%
Nov 2021		-4.6%
Oct 2021		+7.9%
Sep 2021		-2.8%
Aug 2021		+0.0%
Jul 2021		+0.2%
Jun 2021		-1.0%
May 2021		+6.3%
Apr 2021		+4.6%
Mar 2021		+5.8%
Feb 2021		+5.1%
Jan 2021		-0.8%
Dec 2020		+3.1%
Nov 2020		+14.4%
Oct 2020		-3.4%
Sep 2020		-4.5%
Aug 2020		+5.1%
Jul 2020		+5.5%
Jun 2020		+4.0%
May 2020		+3.5%
Apr 2020		+11.1%
Mar 2020		-20.8%
Feb 2020		-7.0%
Jan 2020		-0.7%
Dec 2019		+2.2%
Nov 2019		+3.0%
Oct 2019		-0.4%
Sep 2019		+2.5%
Aug 2019		-0.7%
Jul 2019		-0.8%
Jun 2019		+5.7%
May 2019		-4.3%
Apr 2019		+3.3%
Mar 2019		-0.8%
Feb 2019		+3.0%
Jan 2019		+12.9%
Dec 2018		-8.6%
Nov 2018		+0.5%
Oct 2018		-7.9%
Sep 2018		-0.1%
Aug 2018		-1.4%
Jul 2018		+2.5%
Jun 2018		-0.0%
May 2018		+2.2%
Apr 2018		+2.1%
Mar 2018		-0.8%
Feb 2018		-7.0%
Jan 2018		+0.8%
Dec 2017		+3.7%
Nov 2017		+0.5%
Oct 2017		-0.5%
Sep 2017		+3.8%
Aug 2017		-0.1%
Jul 2017		+4.3%
Jun 2017		+3.1%
May 2017		-0.4%
Apr 2017		-2.3%
Mar 2017		+0.7%
Feb 2017		-1.8%
Jan 2017		+3.9%
Dec 2016		+1.5%
Nov 2016		+2.6%
Oct 2016		-1.3%
Sep 2016		+1.5%
Aug 2016		+0.3%

Monthly total return (since Aug 2021)

-10%-5%+0%+5%+10%

20222023202420252026

Methodology#

Monthly returns are total returns (dividends reinvested), computed from EWC's split- and dividend-adjusted month-end closes. The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.

See also: S&P 500 · Nasdaq-100 · Dow Jones · Russell 2000 · US Bond Market · Gold · Silver · Bitcoin · Ethereum

FAQ

What is iShares MSCI Canada ETF's average monthly return?: iShares MSCI Canada ETF (EWC) has averaged about 0.89% per month, positive in roughly 57% of months. The best month was May 2009 (+23.3%) and the worst was Mar 2020 (-20.8%).