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iShares Canadian Financial Monthly Income ETF - Common Class (FIE : TSX)

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Canadian Equity Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2022, 2018

Click for more information on Fundata’s FundGrade

Close
(07-31-2025) 		$8.81
Change
$0.03 (0.34%)
Open $8.80
Day Range $8.80 - $8.84
Volume 70,599

As at June 30, 2025

As at June 30, 2025

As at June 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jun 2025Jul 20252016-01-012018-01-012020-01-012022-01-012024-01-01$6.00$8.00$4.00$10.00$7.00$9.00025,000,00050,000,0002,000,0004,000,000Period
Created with Highcharts 10.3.3Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jun 2025Jul 20252016-01-012018-01-012020-01-012022-01-012024-01-01-40%-20%0%20%40%-10%-5%5%10%15%25%Period

Legend

iShares Canadian Financial Monthly Income ETF - Common Class

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Fund Returns

Inception Return (April 14, 2010): 8.62%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 3.13% 8.41% 9.47% 9.47% 31.52% 22.86% 15.98% 9.57% 15.98% 11.39% 9.69% 9.61% 10.60% 9.67%
Benchmark 2.20% 6.20% 7.93% 7.93% 20.99% 15.39% 13.08% 8.09% 11.08% 9.26% 8.63% 8.55% 8.51% 7.76%
Category Average 1.55% 4.66% 4.66% 4.66% 13.32% 11.07% 10.26% 5.96% 8.87% 6.90% 6.38% 6.13% 6.38% 5.75%
Category Rank 50 / 390 8 / 371 4 / 371 4 / 371 1 / 370 1 / 365 9 / 362 14 / 355 6 / 328 7 / 327 14 / 306 7 / 284 4 / 269 2 / 252
Quartile Ranking 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25-4%-2%0%2%4%6%8%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 5.46% 3.24% 4.12% 0.74% 6.48% -1.20% 1.42% 0.88% -1.30% -0.11% 5.24% 3.13%
Benchmark 4.94% 1.05% 2.82% 0.37% 5.15% -2.58% 2.89% -0.02% -1.20% -0.27% 4.19% 2.20%

Best Monthly Return Since Inception

12.59% (November 2020)

Worst Monthly Return Since Inception

-20.51% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -5.22% 21.07% 12.04% -9.50% 19.36% 1.29% 29.30% -14.59% 12.77% 27.52%
Benchmark -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48% 17.11%
Category Average -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70% 12.92%
Quartile Ranking 4 1 1 4 1 4 1 4 1 1
Category Rank 201/ 251 2/ 259 4/ 270 262/ 299 3/ 319 248/ 327 1/ 353 347/ 361 61/ 365 2/ 367

Best Calendar Return (Last 10 years)

29.30% (2021)

Worst Calendar Return (Last 10 years)

-14.59% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 86.56
Canadian Corporate Bonds 8.43
Income Trust Units 4.09
International Equity 0.52
Canadian Government Bonds 0.28
Other 0.12

Sector Allocation

Sector Allocation
Name Percent
Financial Services 78.48
Fixed Income 8.79
Energy 4.14
Real Estate 4.09
Utilities 2.80
Other 1.70

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.47
Latin America 0.52
Europe 0.01

Top Holdings

Top Holdings
Name Percent
iShares S&P/TSX Cdn Preferred Share Idx ETF (CPD) 18.96
iShares Core Canadian Corp Bond Index ETF (XCB) 8.84
Canadian Imperial Bank of Commerce 8.14
Royal Bank of Canada 7.96
Toronto-Dominion Bank 7.52
Manulife Financial Corp 7.39
National Bank of Canada 5.57
Fairfax Financial Holdings Ltd 5.47
Bank of Montreal 4.63
iA Financial Corp Inc 4.19

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return78910111213144%6%8%10%12%14%16%18%20%

iShares Canadian Financial Monthly Income ETF - Common Class

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 12.94% 13.61% 13.84%
Beta 1.13% 1.17% 1.18%
Alpha 0.01% 0.03% 0.01%
Rsquared 0.83% 0.80% 0.77%
Sharpe 0.91% 0.98% 0.61%
Sortino 1.83% 1.69% 0.75%
Treynor 0.10% 0.11% 0.07%
Tax Efficiency 82.64% 82.09% 71.54%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.18% 12.94% 13.61% 13.84%
Beta 1.00% 1.13% 1.17% 1.18%
Alpha 0.08% 0.01% 0.03% 0.01%
Rsquared 0.88% 0.83% 0.80% 0.77%
Sharpe 2.69% 0.91% 0.98% 0.61%
Sortino 11.64% 1.83% 1.69% 0.75%
Treynor 0.25% 0.10% 0.11% 0.07%
Tax Efficiency 90.77% 82.64% 82.09% 71.54%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A77.6​77.645.0​45.00%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A80.8​80.847.5​47.50%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A85.3​85.343.6​43.60%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A68.8​68.844.8​44.80%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

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Fund Details

Start Date April 14, 2010
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,127
52 Week High $8.92
52 Week Low $7.03
Annual Dividend $0.48
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The iShares Canadian Financial Monthly Income Fund's investment objective is to maximize total return to its Unitholders, consisting of distributions and capital appreciation, and to provide its Unitholders with a stable stream of monthly cash distribution of $0.04 per Unit.

Investment Strategy

FIE’s net assets, together with borrowings under its loan facility, are invested in a diversified and actively managed investment portfolio consisting primarily of the following securities in the Canadian financial sector: common shares, preferred shares, corporate bonds, income trust units.

Portfolio Management

Portfolio Manager

BlackRock Asset Management Canada Limited
Sub-Advisor

BlackRock Institutional Trust Company, N.A.

Management and Organization

Fund Manager

BlackRock Asset Management Canada Limited
Custodian

-
Registrar

State Street Trust Company Canada
Distributor

-

Fees

MER 0.74%
Management Fee 0.65%

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