iShares MSCI Canada ETF (EWC): Historical Returns

Data Source: from January 1997 to February 2024 (~27 years)
Consolidated Returns as of 29 February 2024
Live Update: Mar 01 2024
Category: Stocks
iShares MSCI Canada ETF (EWC) ETF
ETF • LIVE PERFORMANCE (USD currency)
0.92%
1 Day
Mar 01 2024
0.92%
Current Month
March 2024

In the last 20 Years, the iShares MSCI Canada ETF (EWC) ETF obtained a 6.69% compound annual return, with a 20.13% standard deviation.

Table of contents
The first official book of
How to build wealth
with Lazy Portfolios and Passive Investing Strategies
Choose a goal
Employ the best metrics to evaluate it
Join the passive investing strategy
Discover new asset allocations in USD and EUR,
in addition to the lazy portfolios on the website.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Blend
  • Region: North America
  • Country: Canada

Investment Returns as of Feb 29, 2024

The iShares MSCI Canada ETF (EWC) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES MSCI CANADA ETF (EWC) ETF
Consolidated returns as of 29 February 2024
Live Update: Mar 01 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y 20Y MAX
(~27Y)
iShares MSCI Canada ETF (EWC) ETF 0.92 0.92 1.16 7.44 10.57 8.05 4.56 6.69 7.29
US Inflation Adjusted return 1.16 6.23 7.65 3.79 1.74 4.03 4.69
Returns over 1 year are annualized | Available data source: since Jan 1997
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Current inflation (annualized) is 1Y: 2.71% , 5Y: 4.10% , 10Y: 2.77% , 20Y: 2.56%

In 2023, the iShares MSCI Canada ETF (EWC) ETF granted a 2.56% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI Canada ETF (EWC) ETF: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 2004, now would be worth 3.65$, with a total return of 265.30% (6.69% annualized).

The Inflation Adjusted Capital now would be 2.20$, with a net total return of 120.23% (4.03% annualized).
An investment of 1$, since January 1997, now would be worth 6.76$, with a total return of 575.75% (7.29% annualized).

The Inflation Adjusted Capital now would be 3.47$, with a net total return of 247.16% (4.69% annualized).

Investment Metrics as of Feb 29, 2024

Metrics of iShares MSCI Canada ETF (EWC) ETF, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES MSCI CANADA ETF (EWC) ETF
Advanced Metrics
Data Source: 1 January 1997 - 29 February 2024 (~27 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y MAX
(~27Y)
Investment Return (%) 1.16 6.55 7.44 10.57 6.83 8.05 4.56 6.69 7.29
Infl. Adjusted Return (%) details 1.16 5.98 6.23 7.65 1.24 3.79 1.74 4.03 4.69
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.56 2.48
Pending updates, the monthly inflation after Jan 2024 is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y MAX
Deepest Drawdown Depth (%) -12.03 -22.93 -26.90 -34.11 -56.67 -56.67
Start to Recovery (# months) details 5 23* 11 63 80 80
Start (yyyy mm) 2023 08 2022 04 2020 01 2014 09 2007 11 2007 11
Start to Bottom (# months) 3 6 3 17 16 16
Bottom (yyyy mm) 2023 10 2022 09 2020 03 2016 01 2009 02 2009 02
Bottom to End (# months) 2 17 8 46 64 64
End (yyyy mm) 2023 12 - 2020 11 2019 11 2014 06 2014 06
Longest Drawdown Depth (%)
same as
deepest

same as
deepest
-22.93
same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details 23*
Start (yyyy mm) 2023 08 2022 04 2022 04 2014 09 2007 11 2007 11
Start to Bottom (# months) 3 6 6 17 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2016 01 2009 02 2009 02
Bottom to End (# months) 2 17 17 46 64 64
End (yyyy mm) 2023 12 - - 2019 11 2014 06 2014 06
Longest negative period (# months) details 8 31 31 78 156 156
Period Start (yyyy mm) 2023 03 2021 04 2021 04 2014 05 2007 11 2007 11
Period End (yyyy mm) 2023 10 2023 10 2023 10 2020 10 2020 10 2020 10
Annualized Return (%) -8.63 -0.74 -0.74 -0.08 -0.29 -0.29
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -12.86 -25.26 -26.76 -34.16 -57.38 -57.38
Start to Recovery (# months) details 5 28* 11 78 162 162
Start (yyyy mm) 2023 08 2021 11 2020 01 2014 09 2007 11 2007 11
Start to Bottom (# months) 3 11 3 17 16 16
Bottom (yyyy mm) 2023 10 2022 09 2020 03 2016 01 2009 02 2009 02
Bottom to End (# months) 2 17 8 61 146 146
End (yyyy mm) 2023 12 - 2020 11 2021 02 2021 04 2021 04
Longest Drawdown Depth (%)
same as
deepest

same as
deepest
-25.26
same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details 28*
Start (yyyy mm) 2023 08 2021 11 2021 11 2014 09 2007 11 2007 11
Start to Bottom (# months) 3 11 11 17 16 16
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2016 01 2009 02 2009 02
Bottom to End (# months) 2 17 17 61 146 146
End (yyyy mm) 2023 12 - - 2021 02 2021 04 2021 04
Longest negative period (# months) details 8 35* 49 114 197 197
Period Start (yyyy mm) 2023 03 2021 04 2019 10 2014 05 2007 06 2007 06
Period End (yyyy mm) 2023 10 2024 02 2023 10 2023 10 2023 10 2023 10
Annualized Return (%) -11.30 -0.51 -0.03 -0.24 -0.06 -0.06
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y MAX
Standard Deviation (%) 16.65 18.61 20.33 17.79 20.13 20.60
Sharpe Ratio 0.32 0.24 0.31 0.19 0.27 0.16
Sortino Ratio 0.48 0.33 0.41 0.26 0.36 0.21
Ulcer Index 4.41 10.10 9.56 13.12 15.90 18.28
Ratio: Return / Standard Deviation 0.63 0.37 0.40 0.26 0.33 0.35
Ratio: Return / Deepest Drawdown 0.88 0.30 0.30 0.13 0.12 0.13
% Positive Months details 58% 58% 56% 55% 57% 58%
Positive Months 7 21 34 66 137 191
Negative Months 5 15 26 54 103 135
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y MAX
Best 10 Years Return (%) - Annualized 4.56 10.56 16.39
Worst 10 Years Return (%) - Annualized -0.32 -0.32
Best 10 Years Return (%) - Annualized 1.74 8.08 13.05
Worst 10 Years Return (%) - Annualized -2.02 -2.02
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y MAX
Over the latest 20Y
Best Rolling Return (%) - Annualized 74.06 31.65 16.36 10.56 6.69
Worst Rolling Return (%) - Annualized -51.74 -12.18 -6.44 -0.32
% Positive Periods 68% 75% 82% 98% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 61.95 23.06 14.69 7.54 8.41
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 4.59
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 70.39 27.59 14.01 8.08 4.03
Worst Rolling Return (%) - Annualized -51.75 -14.05 -7.69 -2.02
% Positive Periods 65% 64% 70% 81% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 61.95 23.06 14.69 7.54 8.41
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 4.59
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1997 - Feb 2024)
Best Rolling Return (%) - Annualized 74.06 37.31 33.03 16.39 9.12
Worst Rolling Return (%) - Annualized -51.74 -12.18 -6.44 -0.32 3.96
% Positive Periods 66% 77% 87% 99% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 61.95 21.46 14.31 7.54 5.73
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.05
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 70.39 33.03 29.26 13.05 6.73
Worst Rolling Return (%) - Annualized -51.75 -14.05 -7.69 -2.02 1.84
% Positive Periods 63% 68% 76% 89% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 61.95 21.46 14.31 7.54 5.73
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 2.05
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Feb 29, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of iShares MSCI Canada ETF (EWC) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES MSCI CANADA ETF (EWC) ETF
Monthly correlations as of 29 February 2024
Swipe left to see all data
Correlation vs EWC
Asset Class 1 Year 5 Years 10 Years Since
Jan 1997
VTI
US Total Stock Market
0.89
0.91
0.85
0.84
SPY
US Large Cap
0.87
0.91
0.84
0.82
IJR
US Small Cap
0.82
0.89
0.81
0.78
VNQ
US REITs
0.92
0.86
0.67
0.58
QQQ
US Technology
0.58
0.75
0.68
0.68
PFF
Preferred Stocks
0.83
0.81
0.70
0.48
EFA
EAFE Stocks
0.96
0.92
0.85
0.83
VT
World All Countries
0.93
0.94
0.89
0.87
EEM
Emerging Markets
0.83
0.77
0.75
0.82
VGK
Europe
0.97
0.92
0.84
0.81
VPL
Pacific
0.90
0.85
0.78
0.73
FLLA
Latin America
0.90
0.81
0.72
0.78
BND
US Total Bond Market
0.75
0.49
0.35
0.15
TLT
Long Term Treasuries
0.80
0.16
0.03
-0.14
BIL
US Cash
0.21
-0.12
-0.05
-0.01
TIP
TIPS
0.68
0.56
0.47
0.25
LQD
Invest. Grade Bonds
0.81
0.66
0.55
0.32
HYG
High Yield Bonds
0.90
0.83
0.79
0.67
CWB
US Convertible Bonds
0.83
0.81
0.78
0.80
BNDX
International Bonds
0.62
0.49
0.32
0.18
EMB
Emerg. Market Bonds
0.91
0.78
0.68
0.61
GLD
Gold
0.07
0.26
0.19
0.28
DBC
Commodities
0.18
0.62
0.63
0.55

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

ISHARES MSCI CANADA ETF (EWC) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 2004 - 29 February 2024 (20 Years)
Data Source: 1 January 1997 - 29 February 2024 (~27 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-56.67% Nov 2007 Feb 2009 16 Jun 2014 64 80 22.16
-34.11% Sep 2014 Jan 2016 17 Nov 2019 46 63 15.44
-26.90% Jan 2020 Mar 2020 3 Nov 2020 8 11 12.18
-22.93% Apr 2022 Sep 2022 6 in progress 17 23 12.47
-9.05% Mar 2004 Apr 2004 2 Sep 2004 5 7 4.42
-7.28% Oct 2005 Oct 2005 1 Dec 2005 2 3 3.83
-6.11% Apr 2005 Apr 2005 1 Jun 2005 2 3 3.53
-4.59% Nov 2021 Nov 2021 1 Mar 2022 4 5 2.02
-4.57% Jan 2005 Jan 2005 1 Feb 2005 1 2 2.64
-4.47% May 2006 Jun 2006 2 Oct 2006 4 6 2.83
-3.56% Jun 2021 Sep 2021 4 Oct 2021 1 5 1.58
-2.26% Feb 2006 Feb 2006 1 Apr 2006 2 3 1.25
-0.80% Jun 2007 Jun 2007 1 Sep 2007 3 4 0.59
-0.78% Jan 2021 Jan 2021 1 Feb 2021 1 2 0.45
-0.65% Dec 2006 Dec 2006 1 Feb 2007 2 3 0.43
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 34 7.1 Months 14.11%
 
DD = 0% 14.11%
 
0% < DD <= -5% 51 4.7 Months 21.16%
 
DD <= -5% 35.27%
 
-5% < DD <= -10% 41 5.9 Months 17.01%
 
DD <= -10% 52.28%
 
-10% < DD <= -15% 44 5.5 Months 18.26%
 
DD <= -15% 70.54%
 
-15% < DD <= -20% 33 7.3 Months 13.69%
 
DD <= -20% 84.23%
 
-20% < DD <= -25% 13 18.5 Months 5.39%
 
DD <= -25% 89.63%
 
-25% < DD <= -30% 10 24.1 Months 4.15%
 
DD <= -30% 93.78%
 
-30% < DD <= -35% 7 34.4 Months 2.90%
 
DD <= -35% 96.68%
 
-35% < DD <= -40% 1 241.0 Months 0.41%
 
DD <= -40% 97.10%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 97.10%
 
-45% < DD <= -50% 3 80.3 Months 1.24%
 
DD <= -50% 98.34%
 
-50% < DD <= -55% 3 80.3 Months 1.24%
 
DD <= -55% 99.59%
 
-55% < DD <= -60% 1 241.0 Months 0.41%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-57.38% Nov 2007 Feb 2009 16 Apr 2021 146 162 24.01
-25.26% Nov 2021 Sep 2022 11 in progress 17 28 14.79
-9.39% Mar 2004 Apr 2004 2 Sep 2004 5 7 4.96
-7.42% Oct 2005 Oct 2005 1 Dec 2005 2 3 3.85
-6.40% Apr 2005 Apr 2005 1 Jun 2005 2 3 3.71
-5.47% Jun 2021 Sep 2021 4 Oct 2021 1 5 2.68
-5.38% May 2006 Jul 2006 3 Oct 2006 3 6 3.46
-4.52% Jan 2005 Jan 2005 1 Feb 2005 1 2 2.61
-2.31% Feb 2006 Feb 2006 1 Apr 2006 2 3 1.31
-1.27% Dec 2006 Jan 2007 2 Mar 2007 2 4 0.91
-1.20% Jun 2007 Jul 2007 2 Sep 2007 2 4 0.86
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 24 10.0 Months 9.96%
 
DD = 0% 9.96%
 
0% < DD <= -5% 28 8.6 Months 11.62%
 
DD <= -5% 21.58%
 
-5% < DD <= -10% 18 13.4 Months 7.47%
 
DD <= -10% 29.05%
 
-10% < DD <= -15% 25 9.6 Months 10.37%
 
DD <= -15% 39.42%
 
-15% < DD <= -20% 55 4.4 Months 22.82%
 
DD <= -20% 62.24%
 
-20% < DD <= -25% 42 5.7 Months 17.43%
 
DD <= -25% 79.67%
 
-25% < DD <= -30% 25 9.6 Months 10.37%
 
DD <= -30% 90.04%
 
-30% < DD <= -35% 12 20.1 Months 4.98%
 
DD <= -35% 95.02%
 
-35% < DD <= -40% 5 48.2 Months 2.07%
 
DD <= -40% 97.10%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 97.10%
 
-45% < DD <= -50% 2 120.5 Months 0.83%
 
DD <= -50% 97.93%
 
-50% < DD <= -55% 4 60.3 Months 1.66%
 
DD <= -55% 99.59%
 
-55% < DD <= -60% 1 241.0 Months 0.41%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-56.67% Nov 2007 Feb 2009 16 Jun 2014 64 80 22.16
-47.84% Sep 2000 Sep 2002 25 Oct 2004 25 50 29.48
-34.11% Sep 2014 Jan 2016 17 Nov 2019 46 63 15.44
-30.77% May 1998 Aug 1998 4 Oct 1999 14 18 14.11
-26.90% Jan 2020 Mar 2020 3 Nov 2020 8 11 12.18
-22.93% Apr 2022 Sep 2022 6 in progress 17 23 12.47
-9.24% Aug 1997 Nov 1997 4 Feb 1998 3 7 5.78
-7.28% Oct 2005 Oct 2005 1 Dec 2005 2 3 3.83
-6.80% Feb 1997 Mar 1997 2 May 1997 2 4 3.89
-6.11% Apr 2005 Apr 2005 1 Jun 2005 2 3 3.53
-4.59% Nov 2021 Nov 2021 1 Mar 2022 4 5 2.02
-4.57% Jan 2005 Jan 2005 1 Feb 2005 1 2 2.64
-4.47% May 2006 Jun 2006 2 Oct 2006 4 6 2.83
-3.56% Jun 2021 Sep 2021 4 Oct 2021 1 5 1.58
-2.26% Feb 2006 Feb 2006 1 Apr 2006 2 3 1.25
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 49 6.7 Months 14.98%
 
DD = 0% 14.98%
 
0% < DD <= -5% 59 5.5 Months 18.04%
 
DD <= -5% 33.03%
 
-5% < DD <= -10% 50 6.5 Months 15.29%
 
DD <= -10% 48.32%
 
-10% < DD <= -15% 53 6.2 Months 16.21%
 
DD <= -15% 64.53%
 
-15% < DD <= -20% 42 7.8 Months 12.84%
 
DD <= -20% 77.37%
 
-20% < DD <= -25% 16 20.4 Months 4.89%
 
DD <= -25% 82.26%
 
-25% < DD <= -30% 17 19.2 Months 5.20%
 
DD <= -30% 87.46%
 
-30% < DD <= -35% 15 21.8 Months 4.59%
 
DD <= -35% 92.05%
 
-35% < DD <= -40% 9 36.3 Months 2.75%
 
DD <= -40% 94.80%
 
-40% < DD <= -45% 9 36.3 Months 2.75%
 
DD <= -45% 97.55%
 
-45% < DD <= -50% 4 81.8 Months 1.22%
 
DD <= -50% 98.78%
 
-50% < DD <= -55% 3 109.0 Months 0.92%
 
DD <= -55% 99.69%
 
-55% < DD <= -60% 1 327.0 Months 0.31%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-57.38% Nov 2007 Feb 2009 16 Apr 2021 146 162 24.01
-50.18% Sep 2000 Sep 2002 25 Jun 2005 33 58 30.04
-31.36% Apr 1998 Aug 1998 5 Nov 1999 15 20 14.30
-25.26% Nov 2021 Sep 2022 11 in progress 17 28 14.79
-9.97% Aug 1997 Nov 1997 4 Feb 1998 3 7 6.32
-7.42% Oct 2005 Oct 2005 1 Dec 2005 2 3 3.85
-7.03% Feb 1997 Mar 1997 2 May 1997 2 4 4.06
-5.47% Jun 2021 Sep 2021 4 Oct 2021 1 5 2.68
-5.38% May 2006 Jul 2006 3 Oct 2006 3 6 3.46
-2.31% Feb 2006 Feb 2006 1 Apr 2006 2 3 1.31
-1.98% Apr 2000 Apr 2000 1 Jun 2000 2 3 1.34
-1.27% Dec 2006 Jan 2007 2 Mar 2007 2 4 0.91
-1.20% Jun 2007 Jul 2007 2 Sep 2007 2 4 0.86
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 32 10.2 Months 9.79%
 
DD = 0% 9.79%
 
0% < DD <= -5% 36 9.1 Months 11.01%
 
DD <= -5% 20.80%
 
-5% < DD <= -10% 30 10.9 Months 9.17%
 
DD <= -10% 29.97%
 
-10% < DD <= -15% 31 10.5 Months 9.48%
 
DD <= -15% 39.45%
 
-15% < DD <= -20% 65 5.0 Months 19.88%
 
DD <= -20% 59.33%
 
-20% < DD <= -25% 50 6.5 Months 15.29%
 
DD <= -25% 74.62%
 
-25% < DD <= -30% 30 10.9 Months 9.17%
 
DD <= -30% 83.79%
 
-30% < DD <= -35% 21 15.6 Months 6.42%
 
DD <= -35% 90.21%
 
-35% < DD <= -40% 14 23.4 Months 4.28%
 
DD <= -40% 94.50%
 
-40% < DD <= -45% 7 46.7 Months 2.14%
 
DD <= -45% 96.64%
 
-45% < DD <= -50% 5 65.4 Months 1.53%
 
DD <= -50% 98.17%
 
-50% < DD <= -55% 5 65.4 Months 1.53%
 
DD <= -55% 99.69%
 
-55% < DD <= -60% 1 327.0 Months 0.31%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES MSCI CANADA ETF (EWC) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 2004 - 29 February 2024 (20 Years)
Data Source: 1 January 1997 - 29 February 2024 (~27 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -51.74 03/2008
02/2009
0.48$ -12.43 0.87$ 6.88 1.06$ 27.53 1.27$ 74.06 03/2009
02/2010
1.74$ 10.57 31.00%
2Y -21.68 03/2007
02/2009
0.61$ -6.97 0.86$ 4.39 1.08$ 21.88 1.48$ 51.69 03/2009
02/2011
2.30$ 0.34 32.26%
3Y -12.18 03/2006
02/2009
0.67$ -1.73 0.94$ 3.98 1.12$ 14.59 1.50$ 31.65 06/2004
05/2007
2.28$ 6.83 24.39%
5Y -6.44 03/2011
02/2016
0.71$ -0.53 0.97$ 3.85 1.20$ 9.97 1.60$ 16.36 03/2009
02/2014
2.13$ 8.05 17.13%
7Y -1.60 04/2013
03/2020
0.89$ 1.11 1.08$ 3.67 1.28$ 7.49 1.65$ 15.71 05/2004
04/2011
2.77$ 7.02 5.73%
10Y -0.32 04/2010
03/2020
0.96$ 1.35 1.14$ 3.70 1.43$ 6.58 1.89$ 10.56 09/2004
08/2014
2.72$ 4.56 1.65%
15Y 1.49 11/2007
10/2022
1.24$ 2.91 1.53$ 4.48 1.93$ 6.24 2.48$ 8.35 03/2009
02/2024
3.33$ 8.35 0.00%
20Y 6.69 03/2004
02/2024
3.65$ 6.69 3.65$ 6.69 3.65$ 6.69 3.65$ 6.69 03/2004
02/2024
3.65$ 6.69 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -51.75 03/2008
02/2009
0.48$ -14.92 0.85$ 5.12 1.05$ 24.10 1.24$ 70.39 03/2009
02/2010
1.70$ 7.65 34.06%
2Y -23.26 03/2007
02/2009
0.58$ -8.74 0.83$ 1.96 1.03$ 17.98 1.39$ 48.52 03/2009
02/2011
2.20$ -3.82 38.71%
3Y -14.05 03/2006
02/2009
0.63$ -3.10 0.90$ 1.83 1.05$ 10.41 1.34$ 27.59 06/2004
05/2007
2.07$ 1.24 35.61%
5Y -7.69 03/2011
02/2016
0.67$ -2.30 0.89$ 1.74 1.09$ 7.19 1.41$ 14.01 03/2009
02/2014
1.92$ 3.79 29.83%
7Y -3.07 04/2013
03/2020
0.80$ -0.57 0.96$ 1.88 1.13$ 4.80 1.38$ 12.79 05/2004
04/2011
2.32$ 3.44 18.47%
10Y -2.02 04/2010
03/2020
0.81$ -0.32 0.96$ 1.61 1.17$ 4.51 1.55$ 8.08 09/2004
08/2014
2.17$ 1.74 18.18%
15Y -0.87 11/2007
10/2022
0.87$ 0.52 1.08$ 2.54 1.45$ 4.10 1.82$ 5.67 03/2009
02/2024
2.28$ 5.67 6.56%
20Y 4.03 03/2004
02/2024
2.20$ 4.03 2.20$ 4.03 2.20$ 4.03 2.20$ 4.03 03/2004
02/2024
2.20$ 4.03 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -51.74 03/2008
02/2009
0.48$ -12.83 0.87$ 7.73 1.07$ 31.75 1.31$ 74.06 03/2009
02/2010
1.74$ 10.57 33.97%
2Y -25.84 10/2000
09/2002
0.54$ -7.72 0.85$ 5.78 1.11$ 24.90 1.55$ 52.33 09/1998
08/2000
2.32$ 0.34 30.03%
3Y -12.18 03/2006
02/2009
0.67$ -1.90 0.94$ 5.73 1.18$ 19.34 1.69$ 37.31 10/2002
09/2005
2.58$ 6.83 22.68%
5Y -6.44 03/2011
02/2016
0.71$ 0.29 1.01$ 6.02 1.33$ 12.45 1.79$ 33.03 11/2002
10/2007
4.16$ 8.05 12.73%
7Y -1.60 04/2013
03/2020
0.89$ 1.88 1.13$ 6.75 1.57$ 14.13 2.52$ 18.28 10/2002
09/2009
3.23$ 7.02 3.70%
10Y -0.32 04/2010
03/2020
0.96$ 2.06 1.22$ 6.45 1.86$ 12.37 3.20$ 16.39 09/1998
08/2008
4.56$ 4.56 0.97%
15Y 1.49 11/2007
10/2022
1.24$ 4.02 1.80$ 6.74 2.65$ 9.24 3.76$ 10.66 09/1998
08/2013
4.56$ 8.35 0.00%
20Y 3.96 04/2000
03/2020
2.17$ 6.09 3.26$ 7.33 4.11$ 8.46 5.07$ 9.12 11/2001
10/2021
5.72$ 6.69 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -51.75 03/2008
02/2009
0.48$ -14.95 0.85$ 5.43 1.05$ 27.69 1.27$ 70.39 03/2009
02/2010
1.70$ 7.65 36.83%
2Y -27.34 10/2000
09/2002
0.52$ -9.03 0.82$ 3.35 1.06$ 20.96 1.46$ 48.52 03/2009
02/2011
2.20$ -3.82 35.64%
3Y -14.05 03/2006
02/2009
0.63$ -3.54 0.89$ 2.95 1.09$ 16.24 1.57$ 33.03 10/2002
09/2005
2.35$ 1.24 31.62%
5Y -7.69 03/2011
02/2016
0.67$ -1.38 0.93$ 2.88 1.15$ 9.73 1.59$ 29.26 11/2002
10/2007
3.60$ 3.79 23.97%
7Y -3.07 04/2013
03/2020
0.80$ 0.24 1.01$ 3.77 1.29$ 11.26 2.11$ 15.33 10/2002
09/2009
2.71$ 3.44 11.93%
10Y -2.02 04/2010
03/2020
0.81$ 0.24 1.02$ 4.09 1.49$ 9.72 2.52$ 13.05 09/1998
08/2008
3.40$ 1.74 10.63%
15Y -0.87 11/2007
10/2022
0.87$ 1.87 1.32$ 4.52 1.93$ 6.75 2.66$ 8.05 09/1998
08/2013
3.19$ 5.67 2.72%
20Y 1.84 04/2000
03/2020
1.44$ 3.93 2.16$ 4.94 2.62$ 5.91 3.15$ 6.73 11/2001
10/2021
3.67$ 4.03 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares MSCI Canada ETF (EWC) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares MSCI Canada ETF (EWC) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.29
20%
-1.12
60%
-2.03
60%
2.82
80%
0.44
60%
0.93
60%
2.57
80%
-0.80
40%
-3.41
20%
1.27
40%
5.90
80%
2.03
80%
Best 9.5
2023
5.1
2021
5.8
2021
11.1
2020
6.3
2021
6.3
2023
5.5
2020
5.1
2020
2.5
2019
7.9
2021
14.4
2020
6.3
2023
Worst -0.9
2024
-7.0
2020
-20.8
2020
-7.9
2022
-5.5
2023
-10.3
2022
-0.8
2019
-4.6
2022
-8.7
2022
-5.1
2023
-4.6
2021
-5.6
2022
Monthly Seasonality over the period Feb 1997 - Feb 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.29
40%
-0.20
60%
-0.24
60%
3.15
80%
-0.37
50%
1.11
60%
1.82
70%
-0.81
40%
-2.36
30%
-0.24
30%
3.10
80%
-0.18
60%
Best 12.9
2019
6.0
2015
9.6
2016
11.1
2020
6.3
2021
6.3
2023
5.5
2020
5.1
2020
3.8
2017
7.9
2021
14.4
2020
6.3
2023
Worst -8.4
2015
-7.0
2020
-20.8
2020
-7.9
2022
-5.5
2023
-10.3
2022
-4.2
2015
-5.0
2015
-8.7
2022
-7.9
2018
-4.6
2021
-8.6
2018
Monthly Seasonality over the period Feb 1997 - Feb 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.01
54%
0.54
64%
0.54
59%
2.80
77%
1.28
56%
0.19
48%
1.18
58%
-0.73
44%
-0.94
50%
0.33
50%
1.55
67%
1.48
70%
Best 12.9
2019
9.5
1998
9.6
2016
13.9
2009
23.3
2009
10.0
2000
13.0
2009
8.2
2000
9.5
2007
10.8
2011
14.4
2020
9.6
1999
Worst -8.4
2015
-15.8
2001
-20.8
2020
-8.4
2004
-10.7
2012
-10.3
2022
-12.8
2002
-22.5
1998
-14.7
2011
-27.2
2008
-11.6
2007
-8.6
2018
Monthly Seasonality over the period Feb 1997 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares MSCI Canada ETF (EWC) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES MSCI CANADA ETF (EWC) ETF
Monthly Returns Distribution
Data Source: 1 March 2004 - 29 February 2024 (20 Years)
Data Source: 1 January 1997 - 29 February 2024 (~27 years)
137 Positive Months (57%) - 103 Negative Months (43%)
191 Positive Months (59%) - 135 Negative Months (41%)
Swipe left to see all data
(Scroll down to see all data)
Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.