Question 1

What is XBM?

Accepted Answer

XBM (iShares S&P/TSX Global Base Metals) is a Canadian-listed ETF trading on the TSX in the Natural Resources Equity category. It tracks the Morningstar Canada Natural Res NR CAD.

Question 2

What is the XBM ETF price today?

Accepted Answer

XBM last traded at $31.90 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are XBM annualised returns?

Accepted Answer

XBM historical returns: YTD: +5.49%, 1-year: +24.41%, 3-year annualised: +25.53%, 5-year annualised: +15.29%, 10-year annualised: +14.95%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.77, which measures risk-adjusted return.

Question 4

Does XBM pay dividends or distributions?

Accepted Answer

Yes, XBM distributes income to unitholders. The current distribution yield is approximately 0.72%, 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 5

What does XBM invest in?

Accepted Answer

XBM's top holdings include Teck Resources Limited (TECK-B, 10.4%), BHP Group Limited (BHP, 9.8%), Freeport-McMoran Copper & Gold Inc (FCX, 10.6%), Rio Tinto ADR (RIO, 10.2%), Southern Copper Corporation (SCCO, 7.1%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Canada Natural Res NR CAD.

Question 6

What sectors does XBM invest in?

Accepted Answer

XBM's largest sector exposures are Basic Materials (100.5%), Industrials (0.1%), Energy (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is XBM? (Assets under management)

Accepted Answer

XBM has approximately $553M 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 8

When was XBM launched?

Accepted Answer

XBM was launched on April 12, 2011, giving it a 15-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy XBM in Canada?

Accepted Answer

XBM trades on the TSX under the ticker XBM. 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 10

How risky is XBM?

Accepted Answer

XBM has a 1-year volatility of 35.24% and a beta of 1.02 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.77 indicates moderate risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-29	$31.75	$32.10	$31.60	$31.90	$31.90	17,561
2026-10-28	$32.44	$32.44	$31.81	$32.27	$32.27	20,508
2026-10-27	$31.25	$32.37	$31.25	$32.37	$32.37	14,303
2026-10-26	$30.80	$31.08	$30.75	$30.94	$30.94	19,344
2026-10-23	$30.50	$30.81	$30.25	$30.60	$30.60	39,940
2026-10-22	$32.25	$32.25	$30.53	$30.68	$30.68	34,390
2026-10-21	$33.11	$33.11	$32.47	$32.69	$32.69	29,788
2026-10-20	$32.89	$33.48	$32.45	$33.02	$33.02	12,424
2026-10-19	$33.70	$33.70	$33.02	$33.39	$33.39	16,407
2026-10-16	$33.91	$34.60	$33.32	$33.56	$33.56	15,095

#	Ticker	Name	Weight
1	TECK-B	Teck Resources Limited	10.43%
2	BHP	BHP Group Limited	9.79%
3	FCX	Freeport-McMoran Copper & Gold Inc	10.60%
4	RIO	Rio Tinto ADR	10.18%
5	SCCO	Southern Copper Corporation	7.06%
6	FM	First Quantum Minerals Ltd	6.66%
7	LUN	Lundin Mining Corporation	6.32%
8	HBM	HudBay Minerals Inc	4.40%
9	AA	Alcoa Corp	4.23%
10	MP	MP Materials Corp	2.59%

Sector	Weight
Basic Materials	100.49%
Industrials	0.08%
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Technology	0.00%
Real Estate	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Financial Services	0.00%
Communication Services	0.00%

Ticker	Name	Price	1D
CGMD		$7.10	+11.64%
LLHE-U	Harvest Eli Lilly Enhanced High Income Shares ETF	$11.25	+9.22%
GASD		$6.29	+8.45%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.91	+7.89%
SLVD	BetaPro Silver -2x Daily Bear ETF	$45.86	+7.83%
HND	BetaPro Natural Gas 2x Daily Bear	$29.33	+6.97%
LLHE	Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units	$11.55	+6.06%
QQQD		$6.98	+4.96%

iShares S&P/TSX Global Base Metals (XBM : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — XBM