XMA.TO
iShares S&P/TSX Capped Materials Index ETF
Canadian
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 695.8 M
ASSETS UNDER MGMT
55 bp
EXPENSES
Fund Basics
| Inception date | Dec 19, 2005 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| AGNICO-EAGLE MINES LTD | 14.0 % |
| BARRICK MINING CORP | 10.5 % |
| SILVER WHEATON CORP | 9.8 % |
| FRANCO-NEVADA CORP | 6.7 % |
| NUTRIEN LTD. | 5.3 % |
| KINROSS GOLD CORP | 5.3 % |
| TECK RESOURCES LTD-CLS B | 4.5 % |
| PAN AMERICAN SILVER CORP | 4.0 % |
| LUNDIN MINING CORP | 2.9 % |
| FIRST QUANTUM MINERALS LTD | 2.7 % |
Constituent Breakdown
| Number of holdings | 63 |
| Herfindahl-Hirschman Index | 590 |
| Wgt avg mkt cap (mns) | $35,269 |
| Large cap (>$10bn) | 71.6% |
| Mid cap ($2-10bn) | 19.1% |
| Small cap (<$2bn) | 2.6% |
| Developed mkts. | 95.5% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 94.1 % |
 |
UNITED STATES | 1.3 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 10.7% | 75.4% | 48.6% | 36.7% | 19.7% | 14.2% | 6.9% | -36.5% |
| Dividend Yield | 0.1% | 0.9% | 1.0% | 1.2% | 1.2% | 0.9% | 0.9% | -1.6% |
| Total Returns | 10.8% | 76.3% | 49.6% | 37.9% | 20.9% | 15.1% | 7.8% | -38.1% | Ann. Volatility | 46.2% | 37.2% | 32.3% | 29.0% | 27.5% | 26.6% | 30.1% | 37.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.21 | 14% |
| MSCI EAFE | 1.28 | 27% |
| MSCI Emg Mkts | 0.96 | 26% |
Liquidity Measures
| Avg. volume (000) | 243 |
| ADV traded (mns) | $11 |
| Turnover | 1.6% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $45.52 |
| Relative strength (RSI) | 50 |
| MACD/Signal | -0.31/-0.41 |
| Bollinger Bands (Upper/Lower) | $48.70/$41.31 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. XMA.TO |
Expenses vs. XMA.TO |
ALTAR Score™ vs. XMA.TO |
|---|---|---|---|---|
| XGD.TO | iShares S&P/TSX Global Gold Index ETF | 57.8% | +6 bp | +0.4% |
| AMAX.TO | Hamilton Gold Producer YIELD MAXIMIZER TM ETF | 39.6% | +10 bp | +0.9% |
| GLDX.TO | Global X Gold Producers Index ETF | 39.0% | -15 bp | +1.4% |
| XMD.TO | iShares S&P/TSX Completion Index ETF | 31.4% | +5 bp | +1.4% |
| ZGD.TO | BMO Equal Weight Global Gold Index ETF | 30.5% | 0 bp | +0.9% |
| XCG.TO | iShares Canadian Growth Index ETF | 29.4% | 0 bp | +1.2% |
| HGGG.TO | Harvest Global Gold Giants Index ETF | 25.4% | -15 bp | +1.0% |
| MORE.TO | Mackenzie Core Resources ETF | 23.6% | +20 bp | +3.7% |
| ESGC.TO | Invesco S&P/TSX Composite ESG Index ETF | 21.9% | -40 bp | +2.6% |
| FCCV.TO | Fidelity Canadian Value ETF | 20.5% | -20 bp | +3.4% |
Risk and Returns: XMA.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
2.9%
ALTAR SCORE™
2nd
PERCENTILE
AVOID
ETFRC RATING
There are 104 funds in the Canadian Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 1.4%. XMA.TO's ALTAR Score™ is approximately -2.1 standard
deviations above the category average. This places XMA.TO in the 2nd percentile
among funds in the category.
Sell-Side Consensus
$58.9
PRICE TARGET
+31.4%
UPSIDE