Question 1

What is XEF?

Accepted Answer

XEF (iShares Core MSCI EAFE IMI) is a Canadian-listed ETF trading on the TSX in the International Equity category. It tracks the Morningstar DM xNA GR CAD.

Question 2

What is the XEF ETF price today?

Accepted Answer

XEF last traded at $51.95 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the XEF MER (management expense ratio)?

Accepted Answer

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

Question 4

What are XEF annualised returns?

Accepted Answer

XEF historical returns: YTD: +11.03%, 1-year: +19.11%, 3-year annualised: +19.70%, 5-year annualised: +10.68%, 10-year annualised: +9.98%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.35, which measures risk-adjusted return.

Question 5

Does XEF pay dividends or distributions?

Accepted Answer

Yes, XEF distributes income to unitholders. The current distribution yield is approximately 2.32%, 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 XEF invest in?

Accepted Answer

XEF's top holdings include ASML Holding N.V. (ASML, 2.5%), HSBC Holdings PLC (HSBA, 1.4%), Roche Holding AG (ROP, 1.2%), Novartis AG (NOVN, 1.1%), iShares Core MSCI EAFE ETF (IEFA, 1.0%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar DM xNA GR CAD.

Question 7

What sectors does XEF invest in?

Accepted Answer

XEF's largest sector exposures are Financial Services (24.0%), Industrials (19.7%), Technology (11.1%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is XEF? (Assets under management)

Accepted Answer

XEF has approximately $23.45B 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 XEF launched?

Accepted Answer

XEF was launched on April 10, 2013, giving it a 13-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 XEF in Canada?

Accepted Answer

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

Accepted Answer

XEF has a 1-year volatility of 12.59% and a beta of 1.00 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.35 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
2026-08-20	$51.93	$52.14	$51.86	$51.95	$51.95	218,082
2026-08-19	$52.44	$52.44	$52.07	$52.43	$52.43	234,625
2026-08-18	$52.52	$52.59	$52.27	$52.32	$52.32	189,864
2026-08-17	$52.85	$52.88	$52.69	$52.84	$52.84	183,265
2026-08-14	$53.07	$53.07	$52.82	$52.89	$52.89	161,069
2026-08-13	$53.15	$53.26	$53.07	$53.17	$53.17	103,209
2026-08-12	$53.05	$53.06	$52.91	$53.03	$53.03	206,995
2026-08-11	$53.01	$53.05	$52.65	$52.76	$52.76	186,235
2026-08-10	$53.05	$53.05	$52.77	$52.87	$52.87	357,437
2026-08-07	$53.20	$53.20	$52.90	$53.07	$53.07	179,473

#	Ticker	Name	Weight
1	ASML	ASML Holding N.V.	2.46%
2	HSBA	HSBC Holdings PLC	1.40%
3	ROP	Roche Holding AG	1.18%
4	NOVN	Novartis AG	1.10%
5	IEFA	iShares Core MSCI EAFE ETF	1.03%
6	NESN	Nestle S.A.	0.99%
7	AZN	AstraZeneca PLC	0.99%
8	SHEL	Shell plc	0.98%
9	SIE	Siemens Aktiengesellschaft	0.93%
10	8306	Mitsubishi UFJ Financial Group Inc	0.92%

Sector	Weight
Financial Services	23.99%
Industrials	19.65%
Technology	11.12%
Healthcare	9.83%
Consumer Cyclicals	8.12%
Basic Materials	6.52%
Consumer Defensive	6.29%
Communication Services	4.60%
Energy	3.77%
Utilities	3.38%
Real Estate	2.74%

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CIBC Investor's Edge

iShares Core MSCI EAFE IMI (XEF : 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 — XEF