Question 1

What is COW?

Accepted Answer

COW (iShares Global Agriculture Common Class) is a Canadian-listed ETF trading on the TSX in the Sector Equity category. It tracks the Morningstar Global Markets GR CAD.

Question 2

What is the COW ETF price today?

Accepted Answer

COW last traded at $70.32 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the COW MER (management expense ratio)?

Accepted Answer

COW 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%, COW is considered a low-cost ETF.

Question 4

What are COW annualised returns?

Accepted Answer

COW historical returns: YTD: +10.53%, 1-year: +8.15%, 3-year annualised: +5.67%, 5-year annualised: +7.42%, 10-year annualised: +9.46%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.33, which measures risk-adjusted return.

Question 5

Does COW pay dividends or distributions?

Accepted Answer

Yes, COW distributes income to unitholders. The current distribution yield is approximately 1.38%, paid annually. 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 COW invest in?

Accepted Answer

COW's top holdings include Corteva Inc (CTVA, 10.6%), Deere & Company (DE, 10.3%), Archer-Daniels-Midland Company (ADM, 9.1%), AGCO Corporation (AGCO, 6.9%), Tyson Foods Inc (TSN, 6.1%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Global Markets GR CAD.

Question 7

What sectors does COW invest in?

Accepted Answer

COW's largest sector exposures are Consumer Defensive (40.4%), Basic Materials (29.8%), Industrials (27.5%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is COW? (Assets under management)

Accepted Answer

COW has approximately $285M 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 COW launched?

Accepted Answer

COW was launched on December 19, 2007, giving it a 19-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 COW in Canada?

Accepted Answer

COW trades on the TSX under the ticker COW. 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 COW?

Accepted Answer

COW has a 1-year volatility of 16.50% and a beta of 0.42 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.33 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-31	$70.90	$70.90	$70.32	$70.32	$70.32	742
2026-07-30	$71.70	$72.02	$71.70	$71.91	$71.91	562
2026-07-29	$73.80	$73.80	$73.80	$73.80	$73.80	249
2026-07-28	$74.96	$75.02	$74.55	$74.70	$74.70	2,085
2026-07-27	$73.83	$74.05	$73.83	$74.05	$74.05	739
2026-07-24	$74.00	$74.00	$74.00	$74.00	$74.00	404
2026-07-23	$74.58	$74.58	$73.86	$73.86	$73.86	2,827
2026-07-22	$73.95	$74.52	$73.95	$74.52	$74.52	2,330
2026-07-21	$73.22	$73.22	$73.22	$73.22	$73.22	460
2026-07-20	$73.02	$73.02	$72.89	$72.97	$72.97	817

#	Ticker	Name	Weight
1	CTVA	Corteva Inc	10.57%
2	DE	Deere & Company	10.29%
3	ADM	Archer-Daniels-Midland Company	9.08%
4	AGCO	AGCO Corporation	6.87%
5	TSN	Tyson Foods Inc	6.12%
6	NTR	Nutrien Ltd	6.11%
7	BG	Bunge Global SA	5.56%
8	SQM	Sociedad Quimica y Minera de Chile SA ADR B	4.93%
9	ANDE	The Andersons Inc	4.88%
10	INGR	Ingredion Incorporated	4.40%

Sector	Weight
Consumer Defensive	40.44%
Basic Materials	29.80%
Industrials	27.53%
Consumer Cyclicals	1.58%
Financial Services	0.65%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Technology	0.00%
Healthcare	0.00%
Utilities	0.00%

Ticker	Name	Price	1D
AMZU		$28.46	+30.19%
AMHE-U	Harvest Amazon Enhanced High Income Shares ETF	$14.27	+16.68%
COID		$8.24	+16.38%
AMHE	Harvest Amazon Enhanced High Income Shares ETF - Class A Units	$14.70	+14.84%
ALPU		$19.24	+13.51%
AMZH-U	Harvest Amazon High Income Shares ETF	$13.87	+13.13%
MSFH-U	Harvest Microsoft Enhanced High Income Shares ETF	$9.48	+12.46%
PINV	Purpose Global Innovators Fund ETF	$31.26	+12.08%

iShares Global Agriculture Common Class (COW : TSX)

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Price Chart (30 Days)

Key Statistics

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Annualised Returns

Top 10 Holdings

Sector Weights

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