Question 1

What is XMA?

Accepted Answer

XMA (iShares S&P/TSX Capped Materials Index ETF) is a Canadian-listed ETF trading on the TSX in the Natural Resources Equity category. It tracks the Morningstar Canada Natural Res NR CAD.

Question 2

What is the XMA ETF price today?

Accepted Answer

XMA last traded at $48.12 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the XMA MER (management expense ratio)?

Accepted Answer

XMA has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, XMA is considered a low-cost ETF.

Question 4

What are XMA annualised returns?

Accepted Answer

XMA historical returns: YTD: +15.29%, 1-year: +50.87%, 3-year annualised: +41.06%, 5-year annualised: +24.06%, 10-year annualised: +14.22%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.11, which measures risk-adjusted return.

Question 5

Does XMA pay dividends or distributions?

Accepted Answer

Yes, XMA distributes income to unitholders. The current distribution yield is approximately 0.39%, paid quarterly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does XMA invest in?

Accepted Answer

XMA's top holdings include Agnico Eagle Mines Limited (AEM, 13.2%), Barrick Gold Corp (ABX, 11.0%), Wheaton Precious Metals Corp (WPM, 8.8%), Franco-Nevada Corporation (FNV, 7.3%), Nutrien Ltd (NTR, 5.9%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Canada Natural Res NR CAD.

Question 7

What sectors does XMA invest in?

Accepted Answer

XMA's largest sector exposures are Basic Materials (98.6%), Consumer Cyclicals (1.4%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is XMA? (Assets under management)

Accepted Answer

XMA has approximately $779M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was XMA launched?

Accepted Answer

XMA was launched on December 19, 2005, giving it a 21-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy XMA in Canada?

Accepted Answer

XMA trades on the TSX under the ticker XMA. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is XMA?

Accepted Answer

XMA has a 1-year volatility of 47.06% and a beta of 1.55 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.11 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-09-10	$48.38	$48.65	$48.07	$48.12	$48.12	208,796
2026-09-09	$50.11	$50.25	$49.62	$49.98	$49.98	71,951
2026-09-08	$49.56	$50.12	$49.49	$49.51	$49.51	73,886
2026-09-04	$49.25	$49.95	$49.25	$49.56	$49.56	41,600
2026-09-03	$50.04	$50.25	$49.29	$50.17	$50.17	71,104
2026-09-02	$48.59	$49.20	$48.13	$48.68	$48.68	73,327
2026-09-01	$48.12	$49.00	$47.63	$47.65	$47.65	354,350
2026-08-31	$50.17	$50.17	$48.97	$49.46	$49.46	34,938
2026-08-28	$51.95	$51.99	$49.86	$50.29	$50.29	56,312
2026-08-27	$51.08	$51.76	$51.00	$51.73	$51.73	89,673

#	Ticker	Name	Weight
1	AEM	Agnico Eagle Mines Limited	13.22%
2	ABX	Barrick Gold Corp	11.01%
3	WPM	Wheaton Precious Metals Corp	8.84%
4	FNV	Franco-Nevada Corporation	7.35%
5	NTR	Nutrien Ltd	5.94%
6	K	Kinross Gold Corp	4.92%
7	TECK-B	Teck Resources Limited	4.83%
8	FM	First Quantum Minerals Ltd	3.35%
9	PAAS	Pan American Silver Corp	3.25%
10	LUN	Lundin Mining Corporation	3.00%

Sector	Weight
Basic Materials	98.62%
Consumer Cyclicals	1.38%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

Ticker	Name	Price	1D
OILU		$65.56	+11.27%
HOU	BetaPro Crude Oil Daily Bull ETF	$29.03	+11.14%
SLVD	BetaPro Silver -2x Daily Bear ETF	$31.94	+10.98%
CGMD		$5.11	+10.61%
SOXD		$15.41	+7.69%
AAPU		$43.36	+7.33%
MSTZ		$3.24	+7.28%
GASD		$5.46	+6.64%

CIBC Investor's Edge

iShares S&P/TSX Capped Materials Index ETF (XMA : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — XMA