Question 1

What is XMV?

Accepted Answer

XMV (iShares MSCI Canada Minimum Volatility) is a Canadian-listed ETF trading on the TSX in the Canada Equity category. It tracks the Morningstar Canada GR CAD.

Question 2

What is the XMV ETF price today?

Accepted Answer

XMV last traded at $62.09 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are XMV annualised returns?

Accepted Answer

XMV historical returns: YTD: +13.08%, 1-year: +19.34%, 3-year annualised: +22.17%, 5-year annualised: +14.02%, 10-year annualised: +11.42%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.96, which measures risk-adjusted return.

Question 4

Does XMV pay dividends or distributions?

Accepted Answer

Yes, XMV distributes income to unitholders. The current distribution yield is approximately 2.14%, 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 5

What does XMV invest in?

Accepted Answer

XMV's top holdings include Bank of Nova Scotia (BNS, 3.3%), Toronto Dominion Bank (TD, 3.2%), Bank of Montreal (BMO, 3.0%), Royal Bank of Canada (RY, 3.1%), Fortis Inc (FTS, 3.0%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Canada GR CAD.

Question 6

What sectors does XMV invest in?

Accepted Answer

XMV's largest sector exposures are Financial Services (36.1%), Energy (17.6%), Industrials (10.2%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is XMV? (Assets under management)

Accepted Answer

XMV has approximately $390M 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 8

When was XMV launched?

Accepted Answer

XMV was launched on July 24, 2012, giving it a 14-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy XMV in Canada?

Accepted Answer

XMV trades on the TSX under the ticker XMV. 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 10

How risky is XMV?

Accepted Answer

XMV has a 1-year volatility of 10.06% and a beta of 0.67 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.96 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
2026-10-29	$61.86	$62.10	$61.86	$62.09	$62.09	12,507
2026-10-28	$61.83	$61.93	$61.79	$61.79	$61.79	6,950
2026-10-27	$61.78	$61.86	$61.78	$61.86	$61.86	8,125
2026-10-26	$61.60	$61.81	$61.60	$61.81	$61.81	786
2026-10-23	$61.61	$61.74	$61.51	$61.69	$61.69	11,426
2026-10-22	$62.04	$62.04	$62.04	$62.04	$62.04	1,479
2026-10-21	$61.43	$61.43	$61.43	$61.43	$61.43	334
2026-10-20	$61.10	$61.39	$61.10	$61.35	$61.35	2,740
2026-10-19	$61.19	$61.19	$60.75	$60.99	$60.99	2,752
2026-10-16	$61.31	$61.64	$61.31	$61.49	$61.49	1,511

#	Ticker	Name	Weight
1	BNS	Bank of Nova Scotia	3.28%
2	TD	Toronto Dominion Bank	3.23%
3	BMO	Bank of Montreal	3.00%
4	RY	Royal Bank of Canada	3.09%
5	FTS	Fortis Inc	3.02%
6	CM	Canadian Imperial Bank Of Commerce	2.88%
7	GWO	Great-West Lifeco Inc.	3.04%
8	CNR	Canadian National Railway Co	2.88%
9	SU	Suncor Energy Inc	2.94%
10	ENB	Enbridge Inc	2.89%

Sector	Weight
Financial Services	36.05%
Energy	17.55%
Industrials	10.23%
Consumer Defensive	9.58%
Basic Materials	8.43%
Utilities	7.06%
Consumer Cyclicals	5.13%
Technology	4.12%
Communication Services	3.94%
Healthcare	0.00%
Real Estate	0.00%

Ticker	Name	Price	1D
CGMD		$7.10	+11.64%
LLHE-U	Harvest Eli Lilly Enhanced High Income Shares ETF	$11.25	+9.22%
GASD		$6.29	+8.45%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.91	+7.89%
SLVD	BetaPro Silver -2x Daily Bear ETF	$45.86	+7.83%
HND	BetaPro Natural Gas 2x Daily Bear	$29.33	+6.97%
LLHE	Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units	$11.55	+6.06%
QQQD		$6.98	+4.96%

iShares MSCI Canada Minimum Volatility (XMV : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

Compare XMV

Explore More

Compare XMV vs Similar ETFs

Frequently Asked Questions — XMV