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iShares MSCI Min Vol USA Index ETF (CAD-Hedged) (XMS : TSX)

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U.S. Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

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

Fundata ESG Grade C

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Close
(11-20-2024) 		$38.08
Change
$0.25 (0.66%)
Open $37.90
Day Range $37.76 - $37.90
Volume 2,270

As at October 31, 2024

As at October 31, 2024

As at July 31, 2024

  • Closing Price / Volume
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Legend

iShares MSCI Min Vol USA Index ETF (CAD-Hedged)

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Fund Returns

Inception Return (April 05, 2016): 9.14%

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 -1.73% 3.22% 11.41% 14.93% 26.17% 12.43% 5.20% 10.28% 7.12% 8.64% 8.50% 9.61% - -
Benchmark 2.12% 4.47% 15.49% 27.28% 38.46% 24.49% 13.41% 17.99% 16.57% 16.22% 15.22% 15.67% 14.69% 15.41%
Category Average 1.03% 12.39% 12.39% 21.54% 33.67% 20.00% 8.67% 14.23% 12.72% 12.44% 11.35% 12.06% 10.95% 11.17%
Category Rank 1,287 / 1,326 727 / 1,310 864 / 1,298 1,127 / 1,281 1,064 / 1,275 1,099 / 1,182 955 / 1,108 955 / 1,057 964 / 993 859 / 912 752 / 847 646 / 760 - -
Quartile Ranking 4 3 3 4 4 4 4 4 4 4 4 4 - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 6.90% 2.70% 2.43% 1.51% 3.00% -3.67% 1.61% 2.50% 3.63% 4.79% 0.24% -1.73%
Benchmark 6.86% 1.80% 3.00% 6.70% 3.07% -2.70% 4.13% 3.97% 2.12% 0.07% 2.23% 2.12%

Best Monthly Return Since Inception

10.50% (April 2020)

Worst Monthly Return Since Inception

-12.70% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 18.16% -1.05% 26.03% 2.59% 20.35% -10.89% 8.50%
Benchmark 24.19% 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32%
Category Average 16.59% 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85%
Quartile Ranking - - - 2 3 2 4 3 2 4
Category Rank - - - 241/ 762 483/ 848 296/ 920 897/ 997 791/ 1,062 313/ 1,119 1,101/ 1,183

Best Calendar Return (Last 10 years)

26.03% (2019)

Worst Calendar Return (Last 10 years)

-10.89% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 92.65
International Equity 5.86
Canadian Equity 1.49

Sector Allocation

Sector Allocation
Name Percent
Technology 25.05
Financial Services 16.43
Healthcare 14.87
Consumer Goods 10.06
Utilities 6.82
Other 26.77

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.14
Europe 4.53
Latin America 1.32
Other 0.01

Top Holdings

Top Holdings
Name Percent
iShares MSCI Min Vol USA Index ETF (XMU) 100.00

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)

iShares MSCI Min Vol USA Index ETF (CAD-Hedged)

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 13.86% 15.33% -
Beta 0.81% 0.95% -
Alpha -0.05% -0.07% -
Rsquared 0.66% 0.76% -
Sharpe 0.18% 0.38% -
Sortino 0.33% 0.47% -
Treynor 0.03% 0.06% -
Tax Efficiency 90.66% 92.45% -
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 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 9.68% 13.86% 15.33% -
Beta 0.58% 0.81% 0.95% -
Alpha 0.04% -0.05% -0.07% -
Rsquared 0.30% 0.66% 0.76% -
Sharpe 1.99% 0.18% 0.38% -
Sortino 4.76% 0.33% 0.47% -
Treynor 0.33% 0.03% 0.06% -
Tax Efficiency 97.63% 90.66% 92.45% -

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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 April 05, 2016
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $41
52 Week High $38.81
52 Week Low $31.06
Annual Dividend $0.47
Annual Yield -
Index MSCI USA Minimum Volatility (USD) 100% Hedged to CAD 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 Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the applicable Index, net of expenses.

Investment Strategy

The applicable Index for XMS is the MSCI USA Minimum Volatility (USD) 100% Hedged to CAD Index. Under normal market conditions, XMS will primarily invest in securities of one or more iShares ETFs and/or international equity securities. XMS will seek to hedge any resulting U.S. dollar or other foreign currency exposure, as applicable, back to Canadian dollars.

Portfolio Manager(s)

Name Start Date
BlackRock Asset Management Canada Limited 04-05-2016
BlackRock Institutional Trust Company, N.A. 04-05-2016

Management and Organization

Fund Manager BlackRock Asset Management Canada Limited
Advisor BlackRock Asset Management Canada Limited
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.33%
Management Fee 0.30%

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