iShares SPTSX Capped Financials Index ETF Review (XFN) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 68/100
This equity ETF has an MER of 0.61%. With higher than average fees, it’s a premium option. Managing 906 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.

XFN 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 SPTSX Capped Financials Index (XFN) 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 SPTSX Capped Financials Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.61%. This ETF trades on the TSX exchange.

XFN stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $906MM

Expense Ratio: 0.61%

Price: $49.34 (Updated: 3/7/2024)

iShares SPTSX Capped Financials Index (XFN) Top 10 Holdings

Company NameSymbolAssets %
Royal Bank of CanadaRY19.71006
Toronto Dominion BankTD15.9875
Bank of MontrealBMO9.77952
Brookfield CorporationBN8.17215
Bank of Nova ScotiaBNS8.11742
Canadian Imperial Bank Of CommerceCM6.01745
Manulife Financial CorpMFC5.76981
Sun Life Financial Inc.SLF4.36173
Intact Financial CorporationIFC4.01622
National Bank of CanadaNA3.72618

iShares SPTSX Capped Financials Index (XFN) Breakdown by Market Cap


iShares SPTSX Capped Financials Index (XFN) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00
Consumer Cyclicals00
Financial Services99.7736499.72596
Real Estate00.01597
Communication Services00
Consumer Defensive00

iShares SPTSX Capped Financials Index (XFN) Geographic Breakdown

RegionEquity %Relative to Category
North America10097.533
United Kingdom00.38775
Europe Developed00.941
Europe Emerging00.001
Africa/Middle East00.006
Asia Developed00.097
Asia Emerging00.067
Latin America00.016

XFN Management Expense Ratio

XFN has a management expense ratio of  0.61% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  

How to Buy  iShares SPTSX Capped Financials Index TSX ETF

You can buy  XFN 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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