ISHARES MSCI MN VOL EAFE IDX ETF CA UNITISHARES MSCI MN VOL EAFE IDX ETF CA UNITISHARES MSCI MN VOL EAFE IDX ETF CA UNIT

ISHARES MSCI MN VOL EAFE IDX ETF CA UNIT

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Key stats


Assets under management (AUM)
‪36.91 M‬CAD
Fund flows (1Y)
‪3.69 M‬CAD
Dividend yield (indicated)
2.43%
Discount/Premium to NAV
0.07%
Shares outstanding
‪1.23 M‬
Expense ratio
0.42%

About ISHARES MSCI MN VOL EAFE IDX ETF CA UNIT


Brand
iShares
Home page
Inception date
Apr 5, 2016
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
MSCI EAFE Minimum Volatility 100% Hedged to CAD Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
The fund delivers a popular low-volatility take on international equities. The fund shows low market risk as measured by beta, and its portfolio biases toward defensive sectors are consistent with its low-volatility aims. The underlying index is constructed from the MSCI EAFE Index with a rules-based methodology to security eligibility, sector and country exposure. A multi-factor risk model is used to weight securities for low volatility. The portfolio is further refined using an optimizer based on projected riskiness of securities aiming to deliver lowest absolute volatility. Like other EAFE-based products it excludes North America (ex-US and Canada) but in all, XMI provides a viable vehicle for low-volatility developed international exposure. Sibling fund XML, offers the same exposure but hedged to CAD.

Broaden your horizons with more funds linked to XML via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Low volatility
Geography
Developed Markets Ex-North America
Weighting scheme
Multi-factor
Selection criteria
Multi-factor
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XML trades at 30.10 CAD today, its price has fallen −0.53% in the past 24 hours. Track more dynamics on XML price chart.
XML net asset value is 30.08 today — it's fallen 0.42% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XML assets under management is ‪36.91 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XML price has fallen by −0.17% over the last month, and its yearly performance shows a 12.36% increase. See more dynamics on XML price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.42% over the last month, have fallen by −0.42% over the last month, showed a 2.09% increase in three-month performance and has increased by 15.66% in a year.
XML fund flows account for ‪3.69 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XML invests in funds. See more details in our Analysis section.
XML expense ratio is 0.42%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XML isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, XML technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XML shows the buy signal. See more of XML technicals for a more comprehensive analysis.
Yes, XML pays dividends to its holders with the dividend yield of 2.43%.
XML trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XML shares are issued by BlackRock, Inc.
XML follows the MSCI EAFE Minimum Volatility 100% Hedged to CAD Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 5, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.