First Asset Morningstar International Value Index ETF Review (VXM) 2024
Last Updated: 3/7/2024
VXM trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The First Asset Morningstar International Value Index (VXM) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
Wealth Awesome Rating: 79/100
This equity ETF has an MER of 0.27%. With lower than average fees, it’s a cost-effective option. Managing 197 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
VXM trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The First Asset Morningstar International Value Index (VXM) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the First Asset Morningstar International Value Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.27%. This ETF trades on the TSX exchange.VXM stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $197MM
Expense Ratio: 0.27%
Price: $31.71 (Updated: 3/7/2024)
First Asset Morningstar International Value Index (VXM) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Stolt-Nielsen Limited | SNI | 0.65208 |
| Kawasaki Kisen Kaisha Ltd. | 9107 | 0.63778 |
| Mitsui O.S.K. Lines Ltd. | 9104 | 0.6192 |
| Nippon Yusen K.K | 9101 | 0.60866 |
| Banca Popolare di Sondrio S.p.A. | BPSO | 0.60672 |
| Iveco Group NV | IVG | 0.60227 |
| Raiffeisen Bank International AG | RBI | 0.60044 |
| Odfjell Drilling Ltd | ODL | 0.59668 |
| Sumitomo Riko Co Ltd | 5191 | 0.58324 |
| A.P. Møller – Mærsk A/S | MAERSK-B | 0.58217 |
First Asset Morningstar International Value Index (VXM) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 4.93152 |
| Big | 20.17478 |
| Medium | 43.92826 |
| Small | 28.76707 |
| Micro | 0.81216 |
First Asset Morningstar International Value Index (VXM) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 11.51083 | 7.03406 |
| Consumer Cyclicals | 18.56189 | 11.14738 |
| Financial Services | 16.40593 | 17.64108 |
| Real Estate | 1.98717 | 1.55261 |
| Communication Services | 6.95175 | 3.71114 |
| Energy | 5.10589 | 4.00653 |
| Industrials | 24.16012 | 18.24331 |
| Technology | 1.51851 | 12.07343 |
| Consumer Defensive | 5.85391 | 9.38379 |
| Healthcare | 1.33814 | 13.48722 |
| Utilities | 6.60585 | 1.71944 |
First Asset Morningstar International Value Index (VXM) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 1.49 | 4.018 |
| United Kingdom | 5.5709 | 16.18688 |
| Europe Developed | 41.096 | 49.016 |
| Europe Emerging | 1.847 | 0.007 |
| Africa/Middle East | 1.072 | 0.526 |
| Japan | 41.559 | 18.089 |
| Australasia | 2.779 | 4.345 |
| Asia Developed | 3.661 | 5 |
| Asia Emerging | 0.925 | 2.125 |
| Latin America | 0 | 0.686 |
VXM Management Expense Ratio
VXM has a management expense ratio of 0.27% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy First Asset Morningstar International Value Index TSX ETF
You can buy VXM on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
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