2024-06-12 20:45:46 ET
Summary
- The iShares MSCI Canada ETF EWC is a financials and energy heavy ETF, trading at attractive valuations compared to broader US markets.
- EWC has underperformed its peer group of Canada-focused ETFs and has experienced a recent period of outflows.
- Divergent monetary policy in Canada and the US could have mixed results for EWC's near-term performance.
Canada is a top 10 global economy, with close proximity and trade relationships with US. There are only 3 primary ETFs that focus on the country and I would be remiss if I weren't to cover this US neighbor because I think it offers a unique combination of good stewardship alongside commodities exposure. Today I will bet talking about the iShares MSCI Canada ETF ( EWC ) and it's opportunity set as a single country investment....
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For further details see:
EWC: Wait And See Approach For North American Value Play