Question 1

What is XMA?

Accepted Answer

XMA (iShares S&P/TSX Capped Materials Index ETF) 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 XMA ETF price today?

Accepted Answer

XMA last traded at $39.35 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the XMA MER (management expense ratio)?

Accepted Answer

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

Question 4

What are XMA annualised returns?

Accepted Answer

XMA historical returns: YTD: -5.73%, 1-year: +43.06%, 3-year annualised: +28.56%, 5-year annualised: +17.95%, 10-year annualised: +11.17%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.98, which measures risk-adjusted return.

Question 5

Does XMA pay dividends or distributions?

Accepted Answer

Yes, XMA distributes income to unitholders. The current distribution yield is approximately 0.48%, paid quarterly. 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 XMA invest in?

Accepted Answer

XMA's top holdings include Agnico Eagle Mines Limited (AEM, 13.9%), Barrick Gold Corp (ABX, 10.8%), Wheaton Precious Metals Corp (WPM, 9.0%), Franco-Nevada Corporation (FNV, 7.1%), Nutrien Ltd (NTR, 5.3%) — 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 7

What sectors does XMA invest in?

Accepted Answer

XMA's largest sector exposures are Basic Materials (98.3%), Consumer Cyclicals (1.7%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is XMA? (Assets under management)

Accepted Answer

XMA has approximately $594M 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 XMA launched?

Accepted Answer

XMA was launched on December 19, 2005, giving it a 21-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 XMA in Canada?

Accepted Answer

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

Accepted Answer

XMA has a 1-year volatility of 42.68% and a beta of 1.48 (more volatile than the broad market). Its 3-year Sharpe ratio of 0.98 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
2026-07-31	$39.97	$39.97	$39.11	$39.35	$39.35	95,106
2026-07-30	$40.09	$40.56	$39.50	$40.56	$40.56	32,761
2026-07-29	$39.37	$40.14	$38.61	$39.28	$39.28	59,084
2026-07-28	$39.62	$39.85	$39.00	$39.57	$39.57	34,280
2026-07-27	$40.46	$40.46	$39.50	$40.24	$40.24	38,668
2026-07-24	$40.27	$40.47	$39.93	$40.10	$40.10	19,899
2026-07-23	$39.68	$40.08	$39.46	$40.00	$40.00	9,923
2026-07-22	$40.16	$41.10	$40.16	$40.57	$40.57	24,027
2026-07-21	$38.63	$39.58	$38.55	$39.57	$39.57	12,079
2026-07-20	$37.66	$37.87	$37.55	$37.73	$37.73	81,128

#	Ticker	Name	Weight
1	AEM	Agnico Eagle Mines Limited	13.87%
2	ABX	Barrick Gold Corp	10.81%
3	WPM	Wheaton Precious Metals Corp	8.96%
4	FNV	Franco-Nevada Corporation	7.06%
5	NTR	Nutrien Ltd	5.32%
6	K	Kinross Gold Corp	4.96%
7	TECK-B	Teck Resources Limited	4.69%
8	PAAS	Pan American Silver Corp	3.32%
9	FM	First Quantum Minerals Ltd	3.24%
10	LUN	Lundin Mining Corporation	2.89%

Sector	Weight
Basic Materials	98.28%
Consumer Cyclicals	1.72%
Financial Services	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%

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COID		$8.24	+16.38%
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AMZH-U	Harvest Amazon High Income Shares ETF	$13.87	+13.13%
MSFH-U	Harvest Microsoft Enhanced High Income Shares ETF	$9.48	+12.46%
PINV	Purpose Global Innovators Fund ETF	$31.26	+12.08%

iShares S&P/TSX Capped Materials Index ETF (XMA : 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 — XMA