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

EWC and RING share 11.2% of their weight across 9 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

11.2%

9 shared positions

EWC

iShares MSCI Canada ETF

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

Top 10: 44.1%·Holdings of EWC

RING

iShares MSCI Global Gold Miners ETF

Reported positions cover 101% of the fund, 39 positions · Aug 31, 2026

Top 10: 69.6%·Holdings of RING

Reported positions cover EWC 100%, RING 101% 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

88.5% of its weight is in 74 names RING does not hold

RINGiShares MSCI Global Gold Miners ETF

39

stock positions reported to the SEC

56.6% of its weight is in 30 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
15.6%
83.3%
Financial Services
28.3%
0.0%
Energy
14.1%
0.0%
Technology
7.8%
0.0%
Industrials
6.3%
0.0%
Real Estate
0.0%
1.7%

The widest gap is Basic Materials: RING has 67.7 points more of it.

The figures side by side

EWCRING
Filing dateAug 31, 2026Aug 31, 2026
Stock positions reported8339
Weight of the ten largest44.1%69.6%
Largest positionRY 9.0%NEM 17.2%
Held alone74 positions, 88.5%30 positions, 56.6%
Covered by stock positions100%101%

Holdings they share

StockIn EWCIn RINGCounted
AEMAGNICO EAGLE MINES LIMITED3.24%12.84%3.24%
BBARRICK MINING CORPORATION2.36%8.79%2.36%
WPMWheaton Precious Metals Corp.2.15%7.68%2.15%
KGCKINROSS GOLD CORPORATION1.15%4.38%1.15%
PAASPan American Silver Corp.0.69%3.06%0.69%
AGIALAMOS GOLD INC.0.48%2.50%0.48%
EMAEMERA INCORPORATED0.48%0.70%0.48%
EQXEquinox Gold Corp.0.44%2.50%0.44%
LUNDIN GOLD INC.0.22%1.45%0.22%

What each holds alone

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

Only in EWC

RYROYAL BANK OF CANADA8.98%
TDTHE TORONTO-DOMINION BANK6.30%
SHOPSHOPIFY INC.5.68%
BMOBANK OF MONTREAL3.69%
THE BANK OF NOVA SCOTIA3.55%
ENBEnbridge Inc.3.47%
CNQCANADIAN NATURAL RESOURCES LIMITED3.29%
CMCANADIAN IMPERIAL BANK OF COMMERCE3.28%
CPCanadian Pacific Kansas City Limited2.60%
BROOKFIELD CORPBrookfield Corporation2.59%

Only in RING

NEMNEWMONT CORPORATION17.23%
AUANGLOGOLD ASHANTI PLC5.01%
GFIGold Fields Limited4.69%
CDECOEUR MINING, INC.3.45%
IAGIAMGOLD CORPORATION2.13%
ENDEAVOUR MINING PLC2.05%
EGOEldorado Gold Corporation1.92%
HMYHARMONY GOLD MINING COMPANY LIMITED1.91%
SSRMSSR MINING INC.1.67%
GENESIS MINERALS LTDGENESIS MINERALS LIMITED1.45%

Questions people ask

Is EWC the same as RING?

11.2% of their weight sits in the same 9 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 101% of RING, so the number cannot exceed the smaller coverage.

Which holds more, RING or EWC?

EWC reports 83 stock positions and RING reports 39. 88.5% of EWC's weight sits in names RING does not hold, and 56.6% of RING's weight in names EWC does not hold. The ten largest positions are 44.1% of EWC and 69.6% of RING.

How do EWC and RING differ by sector?

The widest gap is Basic Materials: RING has 67.7 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.