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 $39.04 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: -6.47%, 1-year: +55.95%, 3-year annualised: +33.29%, 5-year annualised: +18.78%, 10-year annualised: +13.35%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.18, 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 $647M 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 38.87% and a beta of 1.48 (more volatile than the broad market). Its 3-year Sharpe ratio of 1.18 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
2026-07-13	$39.49	$39.54	$38.82	$39.04	$39.04	86,976
2026-07-10	$39.90	$40.18	$39.62	$40.01	$40.01	109,584
2026-07-09	$39.61	$40.34	$39.57	$40.28	$40.28	100,476
2026-07-08	$39.31	$39.57	$38.14	$38.99	$38.99	766,694
2026-07-07	$41.40	$41.40	$39.98	$40.27	$40.27	106,142
2026-07-06	$42.35	$42.35	$41.26	$41.63	$41.63	267,384
2026-07-03	$42.16	$42.66	$42.16	$42.55	$42.55	45,821
2026-07-02	$40.99	$41.91	$40.87	$41.62	$41.62	441,486
2026-06-30	$40.50	$40.67	$39.80	$40.56	$40.56	245,700
2026-06-29	$40.44	$40.44	$39.70	$40.31	$40.31	71,059

#	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%

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

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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