XMD.TO
iShares S&P/TSX Completion Index ETF
Canadian
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 731.8 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Mar 02, 2001 |
| 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
| PAN AMERICAN SILVER CORP | 3.5 % |
| RB GLOBAL | 2.6 % |
| LUNDIN MINING CORP | 2.6 % |
| ALAMOS GOLD INC. | 2.3 % |
| BOMBARDIER INC. CLASS B | 2.3 % |
| WHITECAP RESOURCES INC | 2.0 % |
| GREAT-WEST LIFECO INC | 2.0 % |
| TOROMONT INDUSTRIES LTD | 1.8 % |
| ARC RESOURCES LTD | 1.8 % |
| ALTAGAS INCOME TRUST | 1.7 % |
Constituent Breakdown
| Number of holdings | 163 |
| Herfindahl-Hirschman Index | 114 |
| Wgt avg mkt cap (mns) | $7,665 |
| Large cap (>$10bn) | 27.7% |
| Mid cap ($2-10bn) | 52.6% |
| Small cap (<$2bn) | 9.2% |
| Developed mkts. | 93.1% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 90.4 % |
 |
UNITED STATES | 1.4 % |
 |
BERMUDA | 1.1 % |
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 | 13.4% | 49.4% | 32.7% | 26.5% | 14.6% | 10.0% | 5.6% | 6.3% |
| Dividend Yield | 0.3% | 1.5% | 1.8% | 2.0% | 1.9% | 2.1% | 2.7% | 2.7% |
| Total Returns | 13.7% | 50.9% | 34.5% | 28.5% | 16.5% | 12.1% | 8.3% | 9.0% | Ann. Volatility | 24.6% | 19.1% | 18.1% | 16.3% | 16.6% | 16.9% | 17.0% | 16.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.93 | 32% |
| MSCI EAFE | 0.77 | 37% |
| MSCI Emg Mkts | 0.59 | 37% |
Liquidity Measures
| Avg. volume (000) | 110 |
| ADV traded (mns) | $7 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $58.96 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.31/0.25 |
| Bollinger Bands (Upper/Lower) | $61.10/$57.18 |
| 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. XMD.TO |
Expenses vs. XMD.TO |
ALTAR Score™ vs. XMD.TO |
|---|---|---|---|---|
| MCSM.TO | Manulife Multifactor Canadian SMID Cap Index ETF | 36.5% | -10 bp | +0.7% |
| XMA.TO | iShares S&P/TSX Capped Materials Index ETF | 31.4% | -5 bp | -1.4% |
| CACE.TO | Avantis CIBC Canadian Equity ETF | 26.8% | -41 bp | +1.5% |
| RQCA.TO | Russell Investments Multi-Factor Canadian Equity Pool | 25.9% | -30 bp | +1.6% |
| DRMC.TO | Desjardins RI Canada - Net-Zero Emissions Pathway ETF | 21.3% | -45 bp | +1.1% |
| XCSR.TO | iShares ESG Advanced MSCI Canada Index ETF | 19.2% | -45 bp | +1.6% |
| XIC.TO | iShares Core S&P/TSX Capped Composite Index ETF | 18.9% | -54 bp | +1.4% |
| CCEI.TO | CIBC MSCI Canada Equity Index ETF | 18.7% | -56 bp | +1.4% |
| ZGD.TO | BMO Equal Weight Global Gold Index ETF | 18.7% | -5 bp | -0.5% |
| ZCN.TO | BMO S&P/TSX Capped Composite Index ETF | 18.7% | -55 bp | +1.4% |
Risk and Returns: XMD.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
4.3%
ALTAR SCORE™
12nd
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%. XMD.TO's ALTAR Score™ is approximately -1.2 standard
deviations above the category average. This places XMD.TO in the 12nd percentile
among funds in the category.
Sell-Side Consensus
$67
PRICE TARGET
+11.7%
UPSIDE