Join Fund Library now and get free access to personalized features to help you manage your investments.

iShares Core Balanced ETF Portfolio

Global Neutral Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2012

Click for more information on Fundata’s FundGrade

NAVPS
(01-21-2025)
$30.63
Change
$0.13 (0.44%)

As at December 31, 2024

As at December 31, 2024

Period
Loading...

Legend

iShares Core Balanced ETF Portfolio

Compare Options


Fund Returns

Inception Return (June 21, 2007): 5.61%

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 -0.89% 2.65% 8.39% 16.13% 16.13% 14.44% 5.21% 6.64% 7.42% 8.68% 7.00% 6.81% 7.09% 6.22%
Benchmark 0.17% 3.26% 8.97% 17.48% 17.48% 14.55% 5.06% 5.42% 6.53% 7.47% 6.77% 7.00% 6.48% 7.49%
Category Average -1.27% 1.11% 6.38% 12.15% 12.15% 10.84% 2.92% 4.57% 5.08% 6.45% 4.89% 5.23% 5.21% 4.99%
Category Rank 683 / 1,772 342 / 1,761 216 / 1,756 261 / 1,725 261 / 1,725 158 / 1,672 261 / 1,554 260 / 1,417 187 / 1,334 159 / 1,244 155 / 1,122 199 / 976 139 / 892 229 / 783
Quartile Ranking 2 1 1 1 1 1 1 1 1 1 1 1 1 2

Monthly Return

Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 0.41% 2.65% 2.22% -2.01% 2.75% 0.98% 3.05% 0.38% 2.08% 0.00% 3.58% -0.89%
Benchmark 0.78% 3.10% 1.80% -1.57% 1.73% 1.79% 3.28% -0.07% 2.25% 0.21% 2.87% 0.17%

Best Monthly Return Since Inception

7.06% (April 2020)

Worst Monthly Return Since Inception

-8.03% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -1.29% 9.30% 5.50% -2.51% 15.19% 10.58% 11.06% -11.08% 12.78% 16.13%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53% 12.15%
Quartile Ranking 4 1 4 2 1 1 2 3 1 1
Category Rank 717/ 783 64/ 892 762/ 976 450/ 1,122 196/ 1,244 268/ 1,334 406/ 1,417 891/ 1,554 129/ 1,672 261/ 1,725

Best Calendar Return (Last 10 years)

16.13% (2024)

Worst Calendar Return (Last 10 years)

-11.08% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 27.67
Canadian Government Bonds 18.06
International Equity 17.90
Canadian Equity 15.17
Canadian Corporate Bonds 12.01
Other 9.19

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 38.25
Exchange Traded Fund 17.09
Technology 12.08
Financial Services 8.94
Consumer Services 3.95
Other 19.69

Geographic Allocation

Geographic Allocation
Name Percent
North America 81.83
Multi-National 17.09
Europe 0.74
Latin America 0.20
Asia 0.12
Other 0.02

Top Holdings

Top Holdings
Name Percent
iShares Core S&P Total US Stock Market ETF (ITOT) 28.99
iShares Core Canadian Universe Bond Idx ETF (XBB) 24.41
iShares Core S&P/TSX Capped Composit Idx ETF (XIC) 15.51
iShares Core MSCI EAFE IMI Index ETF (XEF) 14.08
iShares Core Canadian Short Term Corp Bnd Inx(XSH) 6.11
iShares US Treasury Bond ETF (GOVT) 3.99
iShares Brd USD Invest Grade Corp Bnd ETF (CRED) 3.90
iShares Core MSCI Emerging Mkts IMI Idx ETF (XEC) 3.01

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

iShares Core Balanced ETF Portfolio

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 9.93% 10.02% 7.87%
Beta 1.06% 1.14% 0.79%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.94% 0.88% 0.61%
Sharpe 0.19% 0.53% 0.60%
Sortino 0.39% 0.70% 0.64%
Treynor 0.02% 0.05% 0.06%
Tax Efficiency 81.60% 87.59% 83.02%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 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 5.99% 9.93% 10.02% 7.87%
Beta 1.10% 1.06% 1.14% 0.79%
Alpha -0.03% 0.00% 0.00% 0.00%
Rsquared 0.88% 0.94% 0.88% 0.61%
Sharpe 1.81% 0.19% 0.53% 0.60%
Sortino 4.79% 0.39% 0.70% 0.64%
Treynor 0.10% 0.02% 0.05% 0.06%
Tax Efficiency 92.45% 81.60% 87.59% 83.02%

Fund Details

Start Date June 21, 2007
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $1,724

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

The iShares Fund seeks to provide long-term capital growth and income by investing primarily in one or more exchange-traded funds managed by BlackRock Canada or affiliate ("iShares ETFs") that provide exposure to equity and/or fixed income securities.

Investment Strategy

XBAL invests primarily in one or more iShares ETFs that provide exposure to equity and/or fixed income securities. The iShares ETFs in which XBAL invests are generally expected to employ indexing strategies that provide exposure to broad-based equity and fixed income markets. XBAL is managed in accordance with a long-term strategic asset allocation of approximately 60% equity exposure and approximately 40% fixed income exposure.

Portfolio Manager(s)

Name Start Date
BlackRock Institutional Trust Company, N.A. 06-21-2007
BlackRock Asset Management Canada Limited 06-17-2020

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 Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 50

Fees

MER 0.20%
Management Fee 0.18%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.