Wealth Awesome Rating: 65/100
This equity ETF has an MER of 0.68%. With higher than average fees, it’s a premium option. Managing 78 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.
XXM 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 US Value Index (XXM) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
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What is the First Asset Morningstar US Value Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.68%. This ETF trades on the TSX exchange.XXM stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $78MM
Expense Ratio: 0.68%
Price: $13.83 (Updated: 3/7/2024)
First Asset Morningstar US Value Index (XXM) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Alpha Metallurgical Resources Inc | AMR | 1.24981 |
| United States Steel Corporation | X | 1.22446 |
| MDC Holdings Inc | MDC | 1.21007 |
| Ally Financial Inc | ALLY | 1.16856 |
| PBF Energy Inc | PBF | 1.15722 |
| Boise Cascad Llc | BCC | 1.13706 |
| Viatris Inc | VTRS | 1.12844 |
| GMS Inc | GMS | 1.12711 |
| Terex Corporation | TEX | 1.12373 |
| Corebridge Financial Inc. | CRBG | 1.12241 |
First Asset Morningstar US Value Index (XXM) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 0 |
| Big | 7.2621 |
| Medium | 36.72467 |
| Small | 54.15921 |
| Micro | 1.71692 |
First Asset Morningstar US Value Index (XXM) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 8.4158 | 2.08815 |
| Consumer Cyclicals | 16.35966 | 12.43889 |
| Financial Services | 16.20864 | 9.34944 |
| Real Estate | 0.94189 | 3.74527 |
| Communication Services | 2.78668 | 2.06104 |
| Energy | 15.62373 | 3.15458 |
| Industrials | 16.44106 | 19.48232 |
| Technology | 5.26762 | 24.2966 |
| Consumer Defensive | 6.67741 | 4.66537 |
| Healthcare | 6.41944 | 17.51669 |
| Utilities | 4.85806 | 1.20164 |
First Asset Morningstar US Value Index (XXM) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 99.006 | 98.42 |
| United Kingdom | 0 | 0.0808 |
| Europe Developed | 0 | 0.596 |
| Europe Emerging | 0 | 0.002 |
| Africa/Middle East | 0 | 0.078 |
| Japan | 0 | 0 |
| Australasia | 0 | 0.002 |
| Asia Developed | 0 | 0.027 |
| Asia Emerging | 0 | 0.638 |
| Latin America | 0.994 | 0.156 |
XXM Management Expense Ratio
XXM has a management expense ratio of 0.68% . 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 US Value Index TSX ETF
You can buy XXM 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 |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
