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iShares MSCI USA Minimum Volatility Index Fund - XMU

ETF Overview

The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI USA Minimum Volatility Index (USD), net of expenses.

Additional Index Information

The MSCI USA Minimum Volatility Index measures the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States that have lower volatility relative to the equity securities included in the MSCI USA Index.

The index aims to reflect the performance characteristics of a minimum variance strategy applied to the US large and mid cap equity universe.

The index is calculated by optimizing the MSCI USA Index, its parent index, for the lowest absolute risk (within a given set of constraints).

Historically, the index has shown lower beta and volatility characteristics relative to the MSCI USA Index.

Key ETF Data

Fundamentals
Category (main) USA Equity: Broad Equities / Minimum Volatility
Underlying Index MSCI USA Minimum Volatility Index (USD)
ETF Structure Passive type. Endeavours to return the Index return before fees/costs
Asset Class Equity
Region USA
Issuer iShares Canada by Blackrock
ETF Home Page Available here
Fund Facts
Inception Date 24 July 2012
Total Holdings 125
Distribution Frequency Quarterly
Leverage None
Significant Currency Exposure Yes
Currency Hedging No
Fees
Management Fee 0.30%
Management Expense Ratio (MER) Unknown
Trading Information
Ticker XMU
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
Eligibility * RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available ** Yes
PACC Plan available ** No
SWP available ** No

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar

ETF Analysis

Canada ETFs's analysis of this ETF will be available soon.