Key stats
About iShares MSCI Min Vol USA Index ETF CAD-Hedged
Home page
Inception date
Apr 5, 2016
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
ISIN
CA46436R1073
The fund offers a minimum-volatility portfolio of US stocks. The fund's index uses an optimization algorithm to build a minimum variance portfolio, one that considers correlation between stocks rather than simply holding a basket of low-vol stocks. While XMS applies sector constraints in its optimizer, sector bets can be substantial, if unsurprising. The fund typically overweights defensive, dividend-paying sectors. XMS optimizer also aims to keep other risk factors marketlike as it dials back on volatility. The fund takes substantially less risk than the market portfolio as shown by low beta. Sibling fund XMU, offers the same exposure but does not hedge back to CAD.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.91%
Cash0.09%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
XMS last dividends amounted to 0.11 CAD. The quarter before, the issuer paid 0.10 CAD in dividends, which shows a 3.77% increase.
Yes, XMS pays dividends to its holders with the dividend yield of 1.16%. The last dividend (Jun 30, 2025) amounted to 0.11 CAD. The dividends are paid quarterly.
XMS shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Apr 5, 2016, and its management style is Passive.
XMS expense ratio is 0.34% meaning you'd have to pay 0.34% of your investment to help manage the fund.
XMS follows the MSCI USA Minimum Volatility 100% Hedged to CAD Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XMS invests in funds.
XMS price has risen by 1.40% over the last month, and its yearly performance shows a 1.67% increase. See more dynamics on XMS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.11% over the last month, showed a 0.89% increase in three-month performance and has increased by 3.32% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.11% over the last month, showed a 0.89% increase in three-month performance and has increased by 3.32% in a year.
XMS trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.