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iShares MSCI Min Vol Canada Index ETF

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Canadian Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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

2024, 2023, 2022, 2019, 2016

Click for more information on Fundata’s FundGrade

NAVPS
(05-30-2025) 		$50.08
Change
$0.04 (0.08%)

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Apr 2013Apr 2014Apr 2015Apr 2016Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025Jul 2022Oct 2022Jan 2023Jul 2023Oct 2023Jan 2024Jul 2024Oct 2024Jan 2025Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jan…$10,000$15,000$20,000$25,000$30,000$35,000$40,000$8,000$9,000$11,000$12,000$13,000$14,000Period

Legend

iShares MSCI Min Vol Canada Index ETF

Compare Options

Fund Returns

Inception Return (July 24, 2012): 10.08%

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 1.50% 3.81% 7.14% 6.32% 22.00% 14.10% 11.07% 12.56% 14.63% 10.88% 10.97% 9.45% 9.83% 8.78%
Benchmark -0.10% -2.00% 4.34% 1.41% 17.85% 13.20% 9.57% 10.07% 14.37% 10.31% 10.21% 9.29% 9.91% 8.27%
Category Average 0.23% -1.84% 3.11% 0.90% 14.34% 10.68% 7.88% 8.62% 12.76% 8.73% 8.40% 7.51% 8.11% 6.76%
Category Rank 80 / 750 52 / 747 54 / 745 48 / 745 52 / 724 72 / 704 55 / 671 16 / 598 132 / 556 80 / 539 48 / 488 81 / 459 108 / 423 60 / 388
Quartile Ranking 1 1 1 1 1 1 1 1 1 1 1 1 2 1

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 2.81% -0.89% 6.67% 1.77% 2.64% 0.30% 3.80% -2.92% 2.42% 2.04% 0.23% 1.50%
Benchmark 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10%

Best Monthly Return Since Inception

8.19% (November 2020)

Worst Monthly Return Since Inception

-15.60% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -3.86% 17.16% 7.38% -7.13% 23.60% -1.62% 25.84% -1.34% 11.20% 19.98%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking 2 2 2 1 1 4 2 1 2 2
Category Rank 149/ 383 204/ 411 217/ 454 111/ 480 62/ 526 443/ 552 199/ 587 108/ 655 268/ 693 267/ 720

Best Calendar Return (Last 10 years)

25.84% (2021)

Worst Calendar Return (Last 10 years)

-7.13% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 99.94
US Equity 0.06

Sector Allocation

Sector Allocation
Name Percent
Financial Services 32.40
Consumer Services 12.62
Energy 11.69
Industrial Services 9.86
Basic Materials 9.10
Other 24.33

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Intact Financial Corp 3.28
Fortis Inc 3.21
Loblaw Cos Ltd 3.20
TMX Group Ltd 3.16
Thomson Reuters Corp 3.15
Enbridge Inc 3.14
Great-West Lifeco Inc 3.09
Toronto-Dominion Bank 2.97
Hydro One Ltd 2.91
Royal Bank of Canada 2.78

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 Return5678910111213141516171819200%5%10%15%20%25%

iShares MSCI Min Vol Canada Index ETF

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 10.60% 10.43% 10.80%
Beta 0.74% 0.76% 0.79%
Alpha 0.04% 0.03% 0.02%
Rsquared 0.89% 0.85% 0.88%
Sharpe 0.68% 1.13% 0.68%
Sortino 1.27% 1.99% 0.81%
Treynor 0.10% 0.16% 0.09%
Tax Efficiency 90.43% 92.30% 88.21%
Volatility Volatility rating is 5 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 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.36% 10.60% 10.43% 10.80%
Beta 0.72% 0.74% 0.76% 0.79%
Alpha 0.08% 0.04% 0.03% 0.02%
Rsquared 0.80% 0.89% 0.85% 0.88%
Sharpe 1.99% 0.68% 1.13% 0.68%
Sortino 5.15% 1.27% 1.99% 0.81%
Treynor 0.23% 0.10% 0.16% 0.09%
Tax Efficiency 95.01% 90.43% 92.30% 88.21%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A39.4​39.447.3​47.30%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: A48.8​48.850.5​50.50%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: A42.3​42.344.2​44.20%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: A25.7​25.743.4​43.40%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) $295

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

The iShares MSCI Canada Minimum Volatility Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI Canada Minimum Volatility Index (CAD), net of expenses.

Investment Strategy

The investment strategy of the iShares MSCI Canada Minimum Volatility Index Fund is to invest primarily in a portfolio of securities which make up the MSCI Canada Minimum Volatility Index (CAD), 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

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.33%
Management Fee 0.30%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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