iShares Diversified Monthly Income ETF Review (XTR) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 70/100
This equity ETF has an MER of 0.56%. With higher than average fees, it’s a premium option. Managing 729 million in assets, it’s less popular among 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.

XTR 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 Diversified Monthly Income (XTR) 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 Diversified Monthly Income ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.56%. This ETF trades on the TSX exchange.

XTR stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $729MM

Expense Ratio: 0.56%

Price: $29.32 (Updated: 3/7/2024)

iShares Diversified Monthly Income (XTR) Top 10 Holdings

Company NameSymbolAssets %
iShares Core Canadian Corporate Bond Index ETFXCB27.26046
iShares S&P/TSX Composite High Div ETFXEI25.45867
iShares Canadian Government BondXGB7.53942
iShares Canadian HYBrid Corporate Bond Index ETFXHB6.07651
iShares Core Canadian Long Term Bond Index ETFXLB3.11649

iShares Diversified Monthly Income (XTR) Breakdown by Market Cap


iShares Diversified Monthly Income (XTR) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials1.746664.79029
Consumer Cyclicals1.602728.16273
Financial Services19.9289426.02647
Real Estate3.284443.17296
Communication Services8.079385.51465
Consumer Defensive8.564566.9026

iShares Diversified Monthly Income (XTR) Geographic Breakdown

RegionEquity %Relative to Category
North America97.5188.714
United Kingdom0.174672.5182
Europe Developed0.0134.858
Europe Emerging0.0560.023
Africa/Middle East0.2350.113
Asia Developed0.7060.986
Asia Emerging1.1020.848
Latin America0.2030.241

XTR Management Expense Ratio

XTR has a management expense ratio of  0.56% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  

How to Buy  iShares Diversified Monthly Income TSX ETF

You can buy  XTR 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 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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