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 $57.98 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: +12.52%, 1-year: +15.69%, 3-year annualised: +22.62%, 5-year annualised: +12.66%, 10-year annualised: +12.71%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.77, 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 1.16%, 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, 51.7%), iShares Core MSCI EAFE IMI (XEF, 22.1%), iShares Core MSCI Emerging Markets IMI Index ETF (XEC, 12.5%), iShares Core S&P Total U.S. Stock Market ETF (ITOT, 8.0%), iShares Core S&P Mid-Cap ETF (IJH, 3.1%) — 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 (31.8%), Financial Services (15.9%), Industrials (11.1%). 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 $4.66B 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 10.86% and a beta of 0.97 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.77 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
2026-10-22	$58.27	$58.30	$57.82	$57.98	$57.98	195,347
2026-10-21	$58.88	$59.01	$58.73	$58.90	$58.90	57,141
2026-10-20	$58.50	$58.86	$58.20	$58.65	$58.65	43,431
2026-10-19	$58.73	$58.84	$58.60	$58.66	$58.66	45,421
2026-10-16	$59.45	$59.45	$58.50	$58.64	$58.64	65,974
2026-10-15	$59.07	$59.42	$58.89	$59.36	$59.36	79,282
2026-10-14	$59.88	$60.02	$59.30	$59.38	$59.38	68,967
2026-10-13	$60.10	$60.10	$59.79	$60.01	$60.01	66,661
2026-10-09	$60.25	$60.37	$60.16	$60.33	$60.33	63,600
2026-10-08	$60.03	$60.03	$59.54	$59.73	$59.73	80,639

Sector	Weight
Technology	31.83%
Financial Services	15.86%
Industrials	11.12%
Healthcare	8.75%
Consumer Cyclicals	8.39%
Communication Services	7.96%
Consumer Defensive	4.89%
Energy	4.01%
Basic Materials	3.56%
Utilities	2.26%
Real Estate	2.13%

Ticker	Name	Price	1D
SOXD		$18.09	+20.44%
CGMD		$6.95	+16.03%
GASD		$5.54	+12.37%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.75	+12.33%
SLVD	BetaPro Silver -2x Daily Bear ETF	$42.12	+11.75%
MSTZ		$1.97	+11.30%
CSUU		$12.05	+9.95%
QQQD		$7.28	+8.66%

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

ETF Details

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Frequently Asked Questions — XAW