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iShares MSCI Min Vol Canada Index ETF

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Canadian 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

2024, 2023, 2022, 2019, 2016

Click for more information on Fundata’s FundGrade

NAVPS
(10-09-2025) 		$52.71
Change
-$0.24 (-0.45%)

As at September 30, 2025

As at September 30, 2025

As at September 30, 2025

Period
Created with Highcharts 10.3.3Jul 2023Jul 2024Jul 2025Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Oct 2024Jan 2025Apr 2025Jul 2013Jul 2015Jul 2017Jul 2019Jul 2021Jul 2023Jul 2025J…$10,000$12,000$14,000$16,000$18,000Period

Legend

iShares MSCI Min Vol Canada Index ETF

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Fund Returns

Inception Return (July 24, 2012): 10.51%

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 1.55% 4.94% 11.34% 16.62% 17.88% 23.04% 18.23% 13.36% 15.31% 11.56% 12.08% 10.69% 10.21% 10.56%
Benchmark 5.40% 12.50% 22.09% 23.93% 28.60% 27.66% 21.31% 14.00% 16.68% 13.71% 12.74% 11.86% 11.56% 11.82%
Category Average 3.73% 8.50% 17.60% 18.38% 21.36% 22.37% 17.38% 11.53% 14.41% 11.36% 10.37% 9.59% 9.33% 9.56%
Category Rank 693 / 760 675 / 756 695 / 738 529 / 733 575 / 733 349 / 697 306 / 678 160 / 635 240 / 576 305 / 538 150 / 500 175 / 465 188 / 438 165 / 391
Quartile Ranking 4 4 4 3 4 3 2 2 2 3 2 2 2 2

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 0.30% 3.80% -2.92% 2.42% 2.04% 0.23% 1.50% 3.44% 1.05% 0.68% 2.64% 1.55%
Benchmark 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91% 1.69% 4.96% 5.40%

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/ 378 200/ 406 211/ 448 112/ 473 63/ 519 441/ 545 198/ 580 102/ 647 266/ 682 265/ 707

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 32.84
Energy 13.44
Consumer Services 10.99
Basic Materials 10.48
Industrial Services 8.85
Other 23.40

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Bank of Nova Scotia 3.33
Bank of Montreal 3.20
Royal Bank of Canada 3.14
Toronto-Dominion Bank 3.12
Enbridge Inc 3.05
Canadian Imperial Bank of Commerce 3.02
Fortis Inc 2.91
National Bank of Canada 2.85
Great-West Lifeco Inc 2.72
Pembina Pipeline Corp 2.59

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 Return6810121416182022245%10%15%20%25%30%35%40%45%

iShares MSCI Min Vol Canada Index ETF

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 9.08% 10.34% 10.67%
Beta 0.68% 0.74% 0.78%
Alpha 0.04% 0.03% 0.01%
Rsquared 0.82% 0.84% 0.87%
Sharpe 1.46% 1.18% 0.83%
Sortino 3.20% 2.11% 1.05%
Treynor 0.20% 0.17% 0.11%
Tax Efficiency 94.21% 93.12% 90.27%
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 6.16% 9.08% 10.34% 10.67%
Beta 0.47% 0.68% 0.74% 0.78%
Alpha 0.05% 0.04% 0.03% 0.01%
Rsquared 0.67% 0.82% 0.84% 0.87%
Sharpe 2.24% 1.46% 1.18% 0.83%
Sortino 4.33% 3.20% 2.11% 1.05%
Treynor 0.30% 0.20% 0.17% 0.11%
Tax Efficiency 95.19% 94.21% 93.12% 90.27%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A56.5​56.540.5​40.50%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: A74.4​74.443.7​43.70%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: A57.3​57.337.1​37.10%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: A21.8​21.835.7​35.70%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) $340

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.

  • Jennifer Hsui

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 0.34%
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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