iShares Core MSCI Emerging Markets IMI Index ETF Review (XEC) 2024

Last Updated: 3/7/2024

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 111 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.

XEC 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 Emerging Markets IMI Index (XEC) 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 Emerging Markets IMI Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.27%. This ETF trades on the TSX exchange.

XEC stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $111MM

Expense Ratio: 0.27%

Price: $26.64 (Updated: 3/7/2024)



iShares Core MSCI Emerging Markets IMI Index (XEC) Top 10 Holdings

Company NameSymbolAssets %
Taiwan Semiconductor Manufacturing Co. Ltd.23306.171
Samsung Electronics Co Ltd0059303.24808
Tencent Holdings Ltd07002.88247
Alibaba Group Holding Ltd99881.80825
Reliance Industries LimitedRELIANCE1.30607
iShares Core MSCI Emerging Markets ETFIEMG1.2264
PinduoduoPDD0.94705
Infosys LimitedINFY0.82914
ICICI Bank LimitedICICIBANK0.80124

iShares Core MSCI Emerging Markets IMI Index (XEC) Breakdown by Market Cap

CategoryValue
Mega44.91678
Big31.30636
Medium17.15559
Small3.69158
Micro0.19692

iShares Core MSCI Emerging Markets IMI Index (XEC) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials7.925035.93163
Consumer Cyclicals12.0150412.6229
Financial Services20.813223.78105
Real Estate2.210751.75479
Communication Services8.036648.79059
Energy5.089073.66103
Industrials8.494326.12567
Technology22.324524.29453
Consumer Defensive5.614938.24063
Healthcare4.62173.74671
Utilities2.854821.05046

iShares Core MSCI Emerging Markets IMI Index (XEC) Geographic Breakdown

RegionEquity %Relative to Category
North America0.311.013
United Kingdom0.007582.01932
Europe Developed0.5761.496
Europe Emerging2.3551.452
Africa/Middle East10.0245.413
Japan0.0040.026
Australasia00
Asia Developed30.76529.921
Asia Emerging47.30845.492
Latin America8.65213.167

XEC Management Expense Ratio

XEC 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  iShares Core MSCI Emerging Markets IMI Index TSX ETF

You can buy  XEC 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:  
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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.

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