A side-by-side comparison of CoreCommodity Natural Resources ETF (CCNR) and iShares S&P/TSX Capped Materials Index ETF (XMA) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | CCNR | XMA |
|---|---|---|
| YTD Return | -0.79% | -0.14%✓ |
| 1-Day Change | -0.44%✓ | -2.98% |
| 1-Week Change | +2.45%✓ | +0.07% |
| 1-Month Change | +0.03% | -10.15%✓ |
| Current Price | $38.59 | $41.68 |
| AUM | $439M | $672M✓ |
| MER (Expense Ratio) | 0.38% | — |
| Dividend Yield | 3.06%✓ | 0.47% |
| Distribution Frequency | — | Quarterly |
| Inception Date | 2024-07-10 | 2005-12-19 |
| Holdings Count | 306 | 10 |
| MorningStar Rating | — | — |
| Category | Natural Resources Equity | Natural Resources Equity |
| Beta | 0.00 | 1.53 |
| 52-Week High | $43.85 | $55.46 |
| 52-Week Low | $29.46 | $34.14 |
| 50-Day MA | $40.00 | $47.08 |
| 200-Day MA | $39.47 | $45.82 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | CCNR | XMA |
|---|---|---|
| YTD | -0.79% | -0.14%✓ |
| 1 Year | +25.91%✓ | +24.22% |
| 3 Year | — | +35.32% |
| 5 Year | — | +20.67% |
| 10 Year | — | +13.69% |
| 1Y Volatility | 22.47% | 45.87% |
| Sharpe Ratio (3Y) | 0.00 | 1.08 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | NTR | Nutrien Ltd | 1.57% |
| 2 | CTVA | Corteva Inc | 1.42% |
| 3 | YAR | Yara International ASA | 1.30% |
| 4 | ENI | Eni S.p.A. | 1.13% |
| 5 | BOL | Boliden AB | 1.09% |
| 6 | 1605 | Inpex Corp. | 1.04% |
| 7 | EOG | EOG Resources Inc | 0.99% |
| 8 | EQNR | Equinor ASA | 0.97% |
| 9 | MUR | Murphy Oil Corporation | 0.97% |
| 10 | OXY | Occidental Petroleum Corporation | 0.95% |
| 1 | AEM | Agnico Eagle Mines Limited | 13.63% |
| 2 | ABX | Barrick Gold Corp | 9.86% |
| 3 | WPM | Wheaton Precious Metals Corp | 9.59% |
| 4 | FNV | Franco-Nevada Corporation | 7.39% |
| 5 | NTR | Nutrien Ltd | 5.39% |
| 6 | TECK-B | Teck Resources Limited | 4.87% |
| 7 | K | Kinross Gold Corp | 4.30% |
| 8 | PAAS | Pan American Silver Corp | 2.85% |
| 9 | FM | First Quantum Minerals Ltd | 2.80% |
| 10 | LUN | Lundin Mining Corporation | 2.55% |
Sector Weights
| Sector | CCNR | XMA |
|---|---|---|
| Basic Materials | 37.16% | 101.25% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.24% | 1.68% |
| Consumer Defensive | 8.36% | 0.00% |
| Energy | 37.66% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 5.70% | 0.00% |
| Real Estate | 0.19% | 0.00% |
| Technology | 2.39% | 0.00% |
| Utilities | 7.50% | 0.00% |
About CCNR
The fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of natural resources companies. The fund"s investments in equity securities will primarily consist of investments in common stock. Its investments in foreign markets include investments in companies located in emerging markets.
About XMA
iShares S&P/TSX Capped Materials Index ETF (XMA.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both CCNR and XMA are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, XMA scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between CCNR and XMA?
CCNR (CoreCommodity Natural Resources ETF) and XMA (iShares S&P/TSX Capped Materials Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($439M vs $672M), dividend yield (3.06% vs 0.47%), and year-to-date performance (-0.79% vs -0.14%).
Is CCNR better than XMA?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy CCNR and XMA on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both CCNR and XMA should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
7 stocks to buy and hold forever
Complement your ETF portfolio with these proven long-term individual stocks.
Get the FREE Report