Canadian Natural Resources Ltd. vs iShares MSCI Canada (TSX) — how do they compare? Canadian Natural Resources Ltd. trades at $47.61 (market cap $98.11B), while iShares MSCI Canada (TSX) trades at $61.51. The key difference: Canadian Natural Resources Ltd. pays a 3.73% dividend while iShares MSCI Canada (TSX) pays none, and iShares MSCI Canada (TSX) is trading nearer its 52-week high, Canadian Natural Resources Ltd. nearer its low. Which is the better fit depends on your goals.
| CNQ | EWC | |
|---|---|---|
Market Cap | $98.11B | — |
Sector | Energy | Broad Market / Factor |
52-Week High | $50.55 | $61.51 |
52-Week Low | $29.31 | $47.00 |
Enterprise Value | $108.54B | — |
Dividend Yield | 3.73% | — |
Trailing returns across standard periods
Canadian Natural Resources is one of the largest oil and natural gas producers in western Canada, supplemented by operations in the North Sea and Offshore Africa. The company's portfolio includes light and medium oil, heavy oil, bitumen, synthetic oil, natural gas liquids, and natural gas. Production averaged 1.16 million barrels of oil equivalent per day in 2020, and the company estimates that it holds over 11.5 billion boe of proven and probable crude oil and natural gas reserves.
Read more on CNQ →EWC is a country-specific ETF that tracks the performance of the Canadian equity market. It provides exposure to large and mid-sized companies in Canada, with heavy concentrations in financials and energy, including Royal Bank of Canada, Shopify, and Enbridge.
Read more on EWC →