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 $70.75 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: +11.21%, 1-year: +9.53%, 3-year annualised: +7.33%, 5-year annualised: +6.51%, 10-year annualised: +9.81%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.38, 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 2.12%, 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, 9.7%), Archer-Daniels-Midland Company (ADM, 9.6%), Deere & Company (DE, 8.8%), Bunge Global SA (BG, 6.7%), AGCO Corporation (AGCO, 6.3%) — 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 (43.4%), Industrials (28.3%), Basic Materials (26.1%). 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 $284M 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 16.47% and a beta of 0.43 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.38 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
2026-06-22	$71.16	$71.16	$70.64	$70.75	$70.75	2,812
2026-06-19	$70.74	$70.96	$70.65	$70.65	$70.65	2,976
2026-06-18	$71.01	$71.01	$70.57	$70.64	$70.64	1,111
2026-06-17	$71.15	$71.15	$71.00	$71.01	$71.01	3,097
2026-06-16	$71.20	$71.20	$70.86	$70.86	$70.86	718
2026-06-15	$71.09	$72.00	$71.09	$71.40	$71.40	2,708
2026-06-12	$70.80	$71.85	$70.79	$71.85	$71.85	382
2026-06-11	$70.85	$70.85	$70.85	$70.85	$70.85	436
2026-06-10	$70.69	$71.20	$70.67	$70.67	$70.67	1,178
2026-06-09	$70.95	$70.95	$70.30	$70.69	$70.69	2,100

#	Ticker	Name	Weight
1	CTVA	Corteva Inc	9.71%
2	ADM	Archer-Daniels-Midland Company	9.59%
3	DE	Deere & Company	8.82%
4	BG	Bunge Global SA	6.72%
5	AGCO	AGCO Corporation	6.31%
6	TSN	Tyson Foods Inc	6.27%
7	ANDE	The Andersons Inc	5.03%
8	INGR	Ingredion Incorporated	4.68%
9	SQM	Sociedad Quimica y Minera de Chile SA ADR B	4.39%
10	FDP	Fresh Del Monte Produce Inc	4.01%

Sector	Weight
Consumer Defensive	43.40%
Industrials	28.28%
Basic Materials	26.10%
Consumer Cyclicals	1.63%
Financial Services	0.59%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Technology	0.00%
Healthcare	0.00%
Utilities	0.00%

iShares Global Agriculture Common Class (COW : TSX)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

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