Question 1

What is XAW?

Accepted Answer

XAW — iShares Core MSCI All Country World ex Canada Index ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the XAW ETF price today?

Accepted Answer

XAW last traded at $59.40 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the XAW MER (management expense ratio)?

Accepted Answer

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

Question 4

What are XAW annualised returns?

Accepted Answer

XAW historical returns: YTD: +15.27%, 1-year: +21.08%, 3-year annualised: +23.05%, 5-year annualised: +13.30%, 10-year annualised: +12.87%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.54, which measures risk-adjusted return.

Question 5

Does XAW pay dividends or distributions?

Accepted Answer

Yes, XAW distributes income to unitholders. The current distribution yield is approximately 1.20%, paid half-yearly. 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 XAW invest in?

Accepted Answer

XAW's top holdings include iShares Core S&P 500 ETF (IVV, 51.2%), iShares Core MSCI EAFE IMI (XEF, 22.7%), iShares Core MSCI Emerging Markets IMI Index ETF (XEC, 12.8%), iShares Core S&P Total U.S. Stock Market ETF (ITOT, 8.2%), iShares Core S&P Mid-Cap ETF (IJH, 3.2%) — and 1 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 XAW invest in?

Accepted Answer

XAW's largest sector exposures are Technology (32.7%), Financial Services (15.3%), Industrials (10.9%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is XAW? (Assets under management)

Accepted Answer

XAW has approximately $4.72B 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 XAW launched?

Accepted Answer

XAW was launched on February 10, 2015, giving it a 11-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 XAW in Canada?

Accepted Answer

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

Accepted Answer

XAW has a 1-year volatility of 11.10% and a beta of 0.97 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.54 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
2026-10-01	$59.63	$59.63	$59.13	$59.40	$59.40	95,838
2026-09-30	$59.55	$59.77	$59.50	$59.50	$59.50	92,276
2026-09-29	$59.57	$59.58	$59.33	$59.47	$59.47	84,227
2026-09-28	$59.70	$59.78	$59.33	$59.53	$59.53	69,583
2026-09-25	$59.64	$59.92	$59.53	$59.85	$59.85	70,624
2026-09-24	$59.30	$59.54	$59.19	$59.46	$59.46	42,946
2026-09-23	$59.80	$59.81	$59.36	$59.41	$59.41	49,527
2026-09-22	$59.87	$60.02	$59.78	$59.93	$59.93	39,759
2026-09-21	$59.10	$59.80	$59.10	$59.80	$59.80	63,743
2026-09-18	$58.75	$58.75	$58.45	$58.65	$58.65	60,602

Sector	Weight
Technology	32.69%
Financial Services	15.28%
Industrials	10.94%
Healthcare	8.68%
Consumer Cyclicals	8.58%
Communication Services	7.73%
Consumer Defensive	4.53%
Energy	3.64%
Basic Materials	3.46%
Utilities	2.24%
Real Estate	2.23%

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RDDY	Harvest Reddit Enhanced High Income Shares ETF	$4.63	+5.71%
MSTE	Harvest MicroStrategy Enhanced High Income Shares ETF - Class A Units	$2.85	+4.40%
CSHI	Ninepoint Constellation Software HighShares ETF	$12.40	+4.11%
HND	BetaPro Natural Gas 2x Daily Bear	$24.40	+4.01%

CIBC Investor's Edge

iShares Core MSCI All Country World ex Canada Index ETF (XAW : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About iShares Core MSCI All Country World ex Canada Index ETF

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Frequently Asked Questions — XAW