EWC vs RING overlap - what they share and where they differ

EWC and RING share 10.6% of their weight across 8 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

EWC and RING

10.6%

8 shared positions

EWC

iShares MSCI Canada ETF

Reported positions cover 100% of the fund, 83 positions · May 31, 2026

Top 10: 43.0%·Holdings of EWC

RING

iShares MSCI Global Gold Miners ETF

Reported positions cover 100% of the fund, 40 positions · May 31, 2026

Top 10: 69.3%·Holdings of RING

Reported positions cover EWC 100%, RING 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

RING vs EWC side by side

EWCiShares MSCI Canada ETF

83

stock positions reported to the SEC

89.1% of its weight is in 75 names RING does not hold

RINGiShares MSCI Global Gold Miners ETF

40

stock positions reported to the SEC

57.5% of its weight is in 32 names EWC does not hold

Where each fund's weight sits

EWC
RING
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Basic Materials
15.8%
81.2%
Financial Services
27.9%
0.0%
Industrials
8.0%
0.0%
Technology
7.7%
0.0%
Energy
7.4%
0.0%
Real Estate
0.0%
1.6%

The widest gap is Basic Materials: RING has 65.3 points more of it.

The figures side by side

EWCRING
Filing dateMay 31, 2026May 31, 2026
Stock positions reported8340
Weight of the ten largest43.0%69.3%
Largest positionRY 8.7%NEM 16.3%
Held alone75 positions, 89.1%32 positions, 57.5%
Covered by stock positions100%100%

Holdings they share

StockIn EWCIn RINGCounted
AEMAGNICO EAGLE MINES LIMITED3.00%12.34%3.00%
BBARRICK MINING CORPORATION2.34%9.01%2.34%
WPMWheaton Precious Metals Corp.1.98%7.38%1.98%
KGCKINROSS GOLD CORPORATION1.19%4.54%1.19%
PAASPan American Silver Corp.0.78%3.62%0.78%
AGIALAMOS GOLD INC.0.56%3.01%0.56%
EMAEMERA INCORPORATED0.51%0.64%0.51%
LUNDIN GOLD INC.0.24%1.53%0.24%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in EWC

RYROYAL BANK OF CANADA8.71%
TDTHE TORONTO-DOMINION BANK6.28%
SHOPSHOPIFY INC.4.74%
ENBEnbridge Inc.3.89%
BMOBANK OF MONTREAL3.74%
CMCANADIAN IMPERIAL BANK OF COMMERCE3.30%
THE BANK OF NOVA SCOTIA3.22%
CNQCANADIAN NATURAL RESOURCES LIMITED3.08%
BROOKFIELD CORPORATION3.05%
CANADIEN PACIFIQUE KANSAS CITY LIMITEE2.60%

Only in RING

NEMNEWMONT CORPORATION16.31%
AUANGLOGOLD ASHANTI PLC4.65%
GFIGold Fields Limited3.89%
CDECOEUR MINING, INC.3.88%
ZIJIN MINING GROUP COMPANY LIMITED3.68%
IAGIAMGOLD CORPORATION2.04%
EQXEquinox Gold Corp.1.97%
ENDEAVOUR MINING PLC1.94%
HMYHARMONY GOLD MINING COMPANY LIMITED1.92%
SSRMSSR MINING INC.1.60%

Questions people ask

Is EWC the same as RING?

10.6% of their weight sits in the same 8 holdings. EWC also reports RY, TD, SHOP, which the other does not. RING also reports NEM, AU, GFI, which the other does not.

How is the overlap between EWC and RING measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of EWC and 100% of RING, so the number cannot exceed the smaller coverage.

Which holds more, RING or EWC?

EWC reports 83 stock positions and RING reports 40. 89.1% of EWC's weight sits in names RING does not hold, and 57.5% of RING's weight in names EWC does not hold. The ten largest positions are 43.0% of EWC and 69.3% of RING.

How do EWC and RING differ by sector?

The widest gap is Basic Materials: RING has 65.3 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.