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 $43.44 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: +4.07%, 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 0.36%, 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, 9.2%), Franco-Nevada Corporation (FNV, 6.8%), Kinross Gold Corp (K, 5.5%) — 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 1.49 (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
2026-06-22	$43.02	$43.44	$42.79	$43.44	$43.44	91,075
2026-06-19	$43.07	$43.07	$42.64	$42.79	$42.79	27,829
2026-06-18	$44.95	$45.45	$43.32	$43.66	$43.66	242,863
2026-06-17	$45.56	$46.92	$44.86	$44.89	$44.89	242,772
2026-06-16	$45.21	$45.91	$44.96	$45.68	$45.68	129,432
2026-06-15	$44.62	$45.45	$44.55	$44.73	$44.73	70,635
2026-06-12	$41.81	$42.80	$41.58	$42.50	$42.50	397,070
2026-06-11	$39.82	$41.37	$39.73	$41.25	$41.25	138,097
2026-06-10	$39.46	$40.62	$39.38	$39.46	$39.46	274,868
2026-06-09	$42.12	$42.30	$39.90	$41.11	$41.11	372,701

#	Ticker	Name	Weight
1	AEM	Agnico Eagle Mines Limited	13.89%
2	ABX	Barrick Gold Corp	10.82%
3	WPM	Wheaton Precious Metals Corp	9.23%
4	FNV	Franco-Nevada Corporation	6.75%
5	K	Kinross Gold Corp	5.51%
6	NTR	Nutrien Ltd	4.98%
7	TECK-B	Teck Resources Limited	4.49%
8	PAAS	Pan American Silver Corp	3.64%
9	FM	First Quantum Minerals Ltd	3.14%
10	LUN	Lundin Mining Corporation	3.05%

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