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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

2023, 2022, 2019, 2016

Click for more information on Fundata’s FundGrade

NAVPS
(11-20-2024) 		$46.75
Change
$0.17 (0.35%)

As at October 31, 2024

As at October 31, 2024

As at July 31, 2024

Period
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Legend

iShares MSCI Min Vol Canada Index ETF

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Fund Returns

Inception Return (July 24, 2012): 9.89%

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 0.30% 4.77% 13.87% 19.06% 29.90% 16.43% 10.61% 15.74% 10.63% 11.91% 9.32% 9.33% 9.51% 8.80%
Benchmark 0.85% 5.30% 12.95% 18.24% 32.06% 15.16% 8.05% 15.02% 11.33% 11.65% 9.36% 9.62% 9.96% 8.41%
Category Average 0.32% 3.53% 10.90% 15.35% 27.26% 12.81% 6.99% 13.70% 9.77% 9.80% 7.62% 7.89% 8.07% 6.92%
Category Rank 353 / 737 183 / 721 82 / 714 73 / 710 267 / 709 63 / 683 33 / 635 133 / 577 223 / 543 92 / 505 107 / 465 134 / 436 131 / 399 73 / 373
Quartile Ranking 2 2 1 1 2 1 1 1 2 1 1 2 2 1

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 5.99% 2.94% 1.52% 2.26% 2.21% -1.46% 2.81% -0.89% 6.67% 1.77% 2.64% 0.30%
Benchmark 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85%

Best Monthly Return Since Inception

8.19% (November 2020)

Worst Monthly Return Since Inception

-15.60% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 16.80% -3.86% 17.16% 7.38% -7.13% 23.60% -1.62% 25.84% -1.34% 11.20%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 9.54% -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85%
Quartile Ranking 1 2 3 2 1 1 4 2 1 2
Category Rank 13/ 343 147/ 375 202/ 403 217/ 445 104/ 471 62/ 516 436/ 544 201/ 579 111/ 646 258/ 684

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 100.00

Sector Allocation

Sector Allocation
Name Percent
Financial Services 31.83
Energy 13.85
Consumer Services 12.52
Industrial Services 8.69
Basic Materials 8.17
Other 24.94

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Intact Financial Corp 3.24
Royal Bank of Canada 3.23
Enbridge Inc 3.11
Fortis Inc 2.99
Sun Life Financial Inc 2.99
CGI Inc Cl A 2.94
Pembina Pipeline Corp 2.93
Hydro One Ltd 2.84
Loblaw Cos Ltd 2.82
National Bank of Canada 2.76

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 Canada Index ETF

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 10.99% 13.31% 10.71%
Beta 0.78% 0.81% 0.79%
Alpha 0.04% 0.01% 0.02%
Rsquared 0.90% 0.91% 0.88%
Sharpe 0.66% 0.66% 0.70%
Sortino 1.20% 0.86% 0.82%
Treynor 0.09% 0.11% 0.09%
Tax Efficiency 90.08% 89.89% 87.95%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 6 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 8.27% 10.99% 13.31% 10.71%
Beta 0.82% 0.78% 0.81% 0.79%
Alpha 0.03% 0.04% 0.01% 0.02%
Rsquared 0.89% 0.90% 0.91% 0.88%
Sharpe 2.68% 0.66% 0.66% 0.70%
Sortino 11.55% 1.20% 0.86% 0.82%
Treynor 0.27% 0.09% 0.11% 0.09%
Tax Efficiency 96.07% 90.08% 89.89% 87.95%

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 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) $242

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 Manager(s)

Name Start Date
BlackRock Asset Management Canada Limited 07-24-2012
BlackRock Institutional Trust Company, N.A. 07-24-2012

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

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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