iShares Core MSCI EAFE IMI Index ETF Review (XEF) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 81/100
This equity ETF has an MER of 0.22%. With lower than average fees, it’s a cost-effective option. Managing 377 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.

XEF trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The iShares Core MSCI EAFE IMI Index (XEF) 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 iShares Core MSCI EAFE IMI Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.22%. This ETF trades on the TSX exchange.

XEF stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $377MM

Expense Ratio: 0.22%

Price: $37.00 (Updated: 3/7/2024)



iShares Core MSCI EAFE IMI Index (XEF) Top 10 Holdings

Company NameSymbolAssets %
Novo Nordisk A/SNOVO-B1.94625
ASML Holding NVASML1.84618
Nestlé S.A.NESN1.62111
LVMH Moët Hennessy – Louis Vuitton Société EuropéenneMC1.22788
Toyota Motor Corp72031.15248
Novartis AGNOVN1.12402
Shell plcSHEL1.09197
AstraZeneca PLCAZN1.0905
Roche Holding AGROG1.06487
SAP SESAP0.96668

iShares Core MSCI EAFE IMI Index (XEF) Breakdown by Market Cap

CategoryValue
Mega43.04038
Big33.54802
Medium18.05299
Small4.09206
Micro0.16895

iShares Core MSCI EAFE IMI Index (XEF) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials7.233727.03406
Consumer Cyclicals12.1511511.14738
Financial Services17.6637517.64108
Real Estate3.246321.55261
Communication Services4.427053.71114
Energy3.939684.00653
Industrials17.7329818.24331
Technology10.3070812.07343
Consumer Defensive8.339039.38379
Healthcare12.147613.48722
Utilities2.811631.71944

iShares Core MSCI EAFE IMI Index (XEF) Geographic Breakdown

RegionEquity %Relative to Category
North America0.8594.018
United Kingdom13.7926216.18688
Europe Developed48.1749.016
Europe Emerging0.0210.007
Africa/Middle East0.9740.526
Japan25.20418.089
Australasia7.6954.345
Asia Developed3.125
Asia Emerging0.1522.125
Latin America00.686

XEF Management Expense Ratio

XEF has a management expense ratio of  0.22% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  iShares Core MSCI EAFE IMI Index TSX ETF

You can buy  XEF 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:  
ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment