XAW-CA
iShares Core MSCI All Country World Ex Canada Index ETF
XAW seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI ACWI ex Canada IMI, net of expenses. Under normal market conditions, XAW will primarily invest in securities of one or more iShares ETFs and/
Global
EQUITY
Passive
MANAGEMENT STYLE
$2.5 B
ASSETS UNDER MGMT
25 bp
EXPENSES
Fund Basics
| Fund sponsor | Blackrock |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Feb 04, 2015 |
| Assets (mns) | $2,494 |
| Expense ratio | 25 bp |
| Currency | CAD |
Sector Breakdown
Fund Structure
| Regulation | Canadian Mutual Fund Trust (ON) |
| Distributions | Semi-annual |
| Taxation | |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | Yes |
Top 10 Holdings
| ISHARES CORE S&P 500 ETF | 53.5 % |
| ISHARES CORE MSCI EAFE IMI ETF | 24.7 % |
| ISHARES CORE MSCI EMER MKTS IMI ETF | 11.0 % |
| ISHARES CORE S&P TOTAL US STOCK MKT ETF | 5.0 % |
| ISHARES CORE S&P MID-CAP ETF | 3.5 % |
| ISHARES CORE S&P SMALL-CAP ETF | 2.0 % |
Constituent Breakdown
| Number of holdings | 6 |
| Herfindahl-Hirschman Index | 116 |
| Wgt avg mkt cap (mns) | $551,909 |
| Large cap (>$10bn) | 78.6% |
| Mid cap ($2-10bn) | 7.8% |
| Small cap (<$2bn) | 1.7% |
| Developed mkts. | 88.7% |
| Emerging mkts. | 0.1% |
Country Exposure
 |
UNITED STATES | 62.1 % |
 |
JAPAN | 5.6 % |
 |
BRITAIN | 3.8 % |
 |
SWITZERLAND | 2.5 % |
 |
FRANCE | 2.3 % |
 |
GERMANY | 1.8 % |
 |
AUSTRALIA | 1.7 % |
 |
NETHERLANDS | 1.3 % |
 |
IRELAND | 1.1 % |
 |
DENMARK | 0.9 % |
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividend Yield | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Returns | -1.2% | 11.0% | 14.4% | 9.7% | 14.3% | 9.4% | -- | 9.3% | Ann. Volatility | 11.4% | 12.3% | 13.9% | 13.1% | 13.6% | 12.5% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.69 | 92% |
| MSCI EAFE | 0.60 | 68% |
| MSCI Emg Mkts | 0.46 | 40% |
Liquidity Measures
| Avg. volume (000) | 104 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.00% |
| ADV of underlying (mns) | $170,661 |
Technical Indicators
| Recent close | $41.63 |
| 30d moving avg. | $45.66 |
| Annualized volatility | 12.5% |
| Relative strength (RSI) | 72 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. XAW-CA |
Expenses vs. XAW-CA |
ALTAR Score™ vs. XAW-CA |
|---|---|---|---|---|
| XUU-CA | iShares Core S&P US Total Market Index ETF | 56.5% | -18 bp | -1.0% |
| XSP-CA | iShares Core S&P 500 Index ETF (CAD-Hedged) | 53.5% | -16 bp | -1.2% |
| XUS-CA | iShares Core S&P 500 Index ETF | 53.5% | -16 bp | -1.0% |
| XEQT-CA | iShares Core Equity ETF Portfolio Trust Units | 34.9% | -3 bp | 0.0% |
Risk and Returns: XAW-CA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2024 | 2025E | Fwd Est | 2026E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/23/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
XAW-CA
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
XAW-CA
6.7%
Cat. Avg
4.7%
ALTAR Score™ Calculation
Category Overview
There are 365 funds in the Global Equity category, with an average ALTAR Score™
of 4.7% and a standard deviation of
4.2%. XAW-CA's ALTAR Score™ is approximately
0.5 standard deviations
above
the category average. This places XAW-CA in the 68th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
XAW-CASELL
U/W
HOLD
O/W
BUY