Key stats
About iShares MSCI Multifactor Canada Index ETF
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Inception date
Sep 22, 2015
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
ISIN
CA46435M1095
XFC follows an index of Canadian stocks from large- to small caps, emphasizing increased exposure to multiple factors, while maintaining the risk profile of the parent index. This method seeks undervalued and over-performing smaller companies from the MSCI Canada IMI Index (parent index) using a composite score derived from the Barra multi-factor equity model. The model uses four factors quality, value, momentum, and small size in its portfolio selection. Value score is calculated from valuation ratios that focus on forward and trailing earnings, cash earnings, book value, and EV/EBIT. Quality score is focused on metrics for profitability, investment quality, leverage and earnings volatility. Momentum score measures sustained relative performance against the global market over a two-year period for the previous 12 months. Low size score compares market cap from companies based in the same country. The underlying index is rebalanced on a semi-annual basis.
Related funds
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
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.
XFC trades at 27.100 USD today, its price has risen 0.93% in the past 24 hours. Track more dynamics on XFC price chart.
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.
XFC invests in cash. See more details in our Analysis section.
XFC expense ratio is 0.53%. 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, XFC 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, XFC 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 XFC shows the buy signal. See more of XFC technicals for a more comprehensive analysis.
Today, XFC 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 XFC shows the buy signal. See more of XFC technicals for a more comprehensive analysis.
XFC trades at a premium (36.77%).
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.
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.
XFC shares are issued by BlackRock, Inc.
XFC follows the MSCI Canada IMI Select Diversified Multiple-Factor Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 22, 2015.
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.