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iShares MSCI Min Vol USA Index ETF (XMU : TSX)

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U.S. Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2019, 2017, 2016

Click for more information on Fundata’s FundGrade

Close
(05-02-2025) 		$86.10
Change
$0.61 (0.71%)
Open $85.53
Day Range $85.53 - $86.18
Volume 1,871

As at March 31, 2025

As at March 31, 2025

As at March 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 20252016-01-012018-01-012020-01-012022-01-012024-01-01$100.00$25.00$50.00$75.00$70.00$80.00$85.00$90.00$95.0002,000,0004,000,000100,000200,000Period
Created with Highcharts 10.3.3Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 20252016-01-012018-01-012020-01-012022-01-012024-01-010%50%100%150%-50%200%5%10%15%20%25%30%Period

Legend

iShares MSCI Min Vol USA Index ETF

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Fund Returns

Inception Return (July 24, 2012): 14.38%

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 -0.73% 5.78% 9.92% 5.78% 20.54% 18.23% 12.90% 12.78% 13.14% 10.76% 11.91% 11.25% 11.52% 11.42%
Benchmark -6.04% -4.36% 4.36% -4.36% 14.85% 22.21% 14.28% 14.44% 18.91% 15.28% 15.02% 14.45% 15.05% 13.91%
Category Average -6.07% 0.55% 0.55% -4.74% 8.12% 16.90% 9.63% 9.68% 15.48% 11.36% 10.89% 10.70% 11.23% 9.90%
Category Rank 32 / 1,318 26 / 1,306 19 / 1,304 26 / 1,306 12 / 1,274 628 / 1,204 326 / 1,134 265 / 1,082 870 / 1,021 672 / 956 403 / 863 446 / 794 416 / 702 234 / 648
Quartile Ranking 1 1 1 1 1 3 2 1 4 3 2 3 3 2

Monthly Return

Created with Highcharts 10.3.3Apr 24May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25-10%-5%0%5%10%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -2.27% 1.94% 2.13% 4.67% 2.32% 0.63% 1.65% 5.44% -3.05% 4.26% 2.20% -0.73%
Benchmark -2.70% 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04%

Best Monthly Return Since Inception

8.89% (January 2015)

Worst Monthly Return Since Inception

-6.76% (February 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 25.87% 6.05% 10.60% 9.98% 20.60% 3.27% 19.23% -3.15% 6.17% 25.75%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking 1 2 4 1 4 4 4 1 4 3
Category Rank 41/ 641 278/ 689 609/ 766 67/ 851 743/ 923 872/ 998 860/ 1,063 130/ 1,114 1,116/ 1,177 779/ 1,263

Best Calendar Return (Last 10 years)

25.87% (2015)

Worst Calendar Return (Last 10 years)

-3.15% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 93.16
International Equity 5.29
Canadian Equity 1.56
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 23.80
Financial Services 16.51
Healthcare 14.21
Consumer Goods 10.55
Consumer Services 7.55
Other 27.38

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.72
Europe 4.22
Latin America 1.07
Other -0.01

Top Holdings

Top Holdings
Name Percent
Berkshire Hathaway Inc Cl B 1.70
Republic Services Inc 1.69
T-Mobile US Inc 1.65
Progressive Corp 1.62
Duke Energy Corp 1.57
Cisco Systems Inc 1.56
International Business Machines Corp 1.56
Waste Connections Inc 1.56
Walmart Inc 1.53
Chubb Ltd 1.53

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 Return810121416182022242628-15%-10%-5%0%5%10%15%20%

iShares MSCI Min Vol USA Index ETF

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 9.87% 10.68% 10.73%
Beta 0.56% 0.64% 0.69%
Alpha 0.05% 0.01% 0.02%
Rsquared 0.65% 0.68% 0.70%
Sharpe 0.89% 0.99% 0.91%
Sortino 1.78% 1.61% 1.29%
Treynor 0.16% 0.17% 0.14%
Tax Efficiency 96.02% 95.87% 94.82%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.08% 9.87% 10.68% 10.73%
Beta 0.50% 0.56% 0.64% 0.69%
Alpha 0.12% 0.05% 0.01% 0.02%
Rsquared 0.43% 0.65% 0.68% 0.70%
Sharpe 1.68% 0.89% 0.99% 0.91%
Sortino 3.80% 1.78% 1.61% 1.29%
Treynor 0.31% 0.16% 0.17% 0.14%
Tax Efficiency 97.46% 96.02% 95.87% 94.82%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A45.8​45.854.1​54.10%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: A39.3​39.359.1​59.10%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: A45.8​45.849.0​49.00%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: A59.4​59.455.7​55.70%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.

View the full methodology

Fund Details

Start Date July 24, 2012
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $373
52 Week High $91.86
52 Week Low $73.48
Annual Dividend $1.00
Annual Yield -
Index MSCI USA Minimum Volatility 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 MSCI USA Minimum Volatility Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI USA Minimum Volatility Index (USD), net of expenses.

Investment Strategy

The investment strategy of the iShares MSCI USA Minimum Volatility Index Fund is to invest primarily in a portfolio of securities which make up the MSCI USA Minimum Volatility Index (USD), selected by BlackRock Canada from time to time, that closely matches the characteristics of the index.

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

State Street Trust Company Canada
Registrar

State Street Trust Company Canada
Distributor

-

Fees

MER 0.33%
Management Fee 0.30%

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