Question 1

What is XFN?

Accepted Answer

XFN (iShares S&P/TSX Capped Financials Index ETF) is a Canadian-listed ETF trading on the TSX in the Financial Services Equity category. It tracks the Morningstar Gbl Fin Svc GR CAD.

Question 2

What is the XFN ETF price today?

Accepted Answer

XFN last traded at $93.82 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the XFN MER (management expense ratio)?

Accepted Answer

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

Question 4

What are XFN annualised returns?

Accepted Answer

XFN historical returns: YTD: +19.26%, 1-year: +48.08%, 3-year annualised: +31.86%, 5-year annualised: +18.22%, 10-year annualised: +15.04%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.78, which measures risk-adjusted return.

Question 5

Does XFN pay dividends or distributions?

Accepted Answer

Yes, XFN distributes income to unitholders. The current distribution yield is approximately 2.16%, paid monthly. 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 XFN invest in?

Accepted Answer

XFN's top holdings include Royal Bank of Canada (RY, 22.1%), Toronto Dominion Bank (TD, 15.8%), Bank of Montreal (BMO, 9.4%), Canadian Imperial Bank Of Commerce (CM, 8.3%), Brookfield Corporation (BN, 8.3%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Fin Svc GR CAD.

Question 7

What sectors does XFN invest in?

Accepted Answer

XFN's largest sector exposures are Financial Services (100.0%), Basic Materials (0.0%), Consumer Cyclicals (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is XFN? (Assets under management)

Accepted Answer

XFN has approximately $2.23B 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 XFN launched?

Accepted Answer

XFN was launched on March 23, 2001, giving it a 25-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 XFN in Canada?

Accepted Answer

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

Accepted Answer

XFN has a 1-year volatility of 11.77% and a beta of 1.05 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.78 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
2026-06-22	$93.47	$94.17	$93.47	$93.82	$93.82	58,456
2026-06-19	$93.59	$94.25	$93.36	$93.50	$93.50	95,315
2026-06-18	$93.69	$93.85	$93.30	$93.51	$93.51	84,281
2026-06-17	$92.55	$93.55	$92.55	$93.03	$93.03	119,980
2026-06-16	$92.07	$92.72	$91.94	$92.54	$92.54	62,803
2026-06-15	$92.30	$92.41	$91.37	$91.78	$91.78	48,939
2026-06-12	$91.03	$91.82	$91.00	$91.37	$91.37	102,436
2026-06-11	$90.01	$90.80	$89.60	$90.64	$90.64	115,910
2026-06-10	$89.49	$90.14	$89.49	$89.56	$89.56	131,797
2026-06-09	$89.26	$90.07	$88.90	$89.79	$89.79	161,843

#	Ticker	Name	Weight
1	RY	Royal Bank of Canada	22.08%
2	TD	Toronto Dominion Bank	15.81%
3	BMO	Bank of Montreal	9.45%
4	CM	Canadian Imperial Bank Of Commerce	8.35%
5	BN	Brookfield Corporation	8.27%
6	BNS	Bank of Nova Scotia	8.15%
7	MFC	Manulife Financial Corp	5.28%
8	NA	National Bank of Canada	4.67%
9	SLF	Sun Life Financial Inc.	3.28%
10	IFC	Intact Financial Corporation	2.87%

Sector	Weight
Financial Services	100.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

iShares S&P/TSX Capped Financials Index ETF (XFN : TSX)

CIBC Investor's Edge

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 — XFN