XMV.TO
iShares MSCI Min Vol Canada Index ETF
Canadian
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 416.2 M
ASSETS UNDER MGMT
33 bp
EXPENSES
Fund Basics
| Inception date | Jul 24, 2012 |
| 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
| NATIONAL BANK OF CANADA | 3.5 % |
| GREAT-WEST LIFECO INC | 3.4 % |
| CAN IMPERIAL BK OF COMMERCE | 3.4 % |
| TORONTO-DOMINION BANK | 3.3 % |
| SUNCOR ENERGY INC | 3.3 % |
| ROYAL BANK OF CANADA | 3.2 % |
| BANK OF MONTREAL | 3.2 % |
| ENBRIDGE INC | 3.2 % |
| BANK OF NOVA SCOTIA | 3.0 % |
| CANADIAN NATL RAILWAY CO | 3.0 % |
Constituent Breakdown
| Number of holdings | 75 |
| Herfindahl-Hirschman Index | 213 |
| Wgt avg mkt cap (mns) | $55,216 |
| Large cap (>$10bn) | 92.9% |
| Mid cap ($2-10bn) | 6.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 99.8 % |
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 | 6.9% | 12.7% | 14.2% | 13.0% | 8.7% | 6.9% | -- | 8.0% |
| Dividend Yield | 0.6% | 2.6% | 2.7% | 2.8% | 2.6% | 2.7% | -- | 2.9% |
| Total Returns | 7.5% | 15.3% | 16.9% | 15.8% | 11.3% | 9.5% | -- | 10.9% | Ann. Volatility | 9.9% | 9.3% | 10.1% | 9.9% | 10.4% | 12.9% | -- | 12.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.30 | 14% |
| MSCI EAFE | 0.28 | 21% |
| MSCI Emg Mkts | 0.14 | 9% |
Liquidity Measures
| Avg. volume (000) | 20 |
| ADV traded (mns) | $1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $58.07 |
| Relative strength (RSI) | 58 |
| MACD/Signal | 0.41/0.38 |
| Bollinger Bands (Upper/Lower) | $59.36/$57.11 |
| 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. XMV.TO |
Expenses vs. XMV.TO |
ALTAR Score™ vs. XMV.TO |
|---|---|---|---|---|
| MCLV.TO | Mackenzie GQE Canada Low Volatility ETF | 75.3% | +18 bp | -0.2% |
| CDEF.TO | Manulife Smart Defensive Equity ETF | 72.5% | -8 bp | -0.3% |
| EQLT.TO | Invesco S&P/TSX 60 Equal Weight Index ETF | 68.9% | -8 bp | +0.1% |
| VCE.TO | Vanguard FTSE Canada Index ETF | 67.2% | -28 bp | -0.5% |
| XIU.TO | iShares S&P/TSX 60 Index ETF | 65.6% | -18 bp | -0.5% |
| ZIU.TO | BMO S&P/TSX 60 Index ETF | 65.3% | -20 bp | -0.5% |
| CNDX.TO | Global X S&P/TSX 60 Index ETF | 65.2% | -24 bp | -0.5% |
| QCE.TO | Mackenzie Canadian Large Cap Equity Index ETF | 64.7% | -29 bp | -0.6% |
| MCLC.TO | Manulife Multifactor Canadian Large Cap Index ETF | 63.5% | +2 bp | -0.4% |
| TCLV.TO | TD Q Canadian Low Volatility ETF | 63.2% | -3 bp | 0.0% |
Risk and Returns: XMV.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
6.2%
ALTAR SCORE™
57th
PERCENTILE
NEUTRAL
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%. XMV.TO's ALTAR Score™ is approximately 0.2 standard
deviations above the category average. This places XMV.TO in the 57th percentile
among funds in the category.
Sell-Side Consensus
$63.39
PRICE TARGET
+7.5%
UPSIDE