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Compare iShares MSCI EAFE Minimum Volatility Index ETF (XMI) vs iShares Edge MSCI Min Vol EAFE Index ETF (XML) to find the best fit for your portfolio. XMI and XML provide the same top sector exposures: Finance, Consumer Non-Cyclicals, and Industrials. When evaluating costs, XMI features a management fee (MER) of 0.35%, compared to 0.35% for XML. Performance-wise, XMI has returned 14.71% year-to-date with -$14 M in net flows, whereas XML is at 13.22% with +$12 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
XMI
XML
| AuM | $185.40 M | $51.41 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.38% | 0.37% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XMI | +2.72% | +5.47% | +14.71% | +15.30% | +62.30% |
XML | +2.84% | +4.73% | +13.22% | +17.32% | +54.63% | |
| Flows | XMI | +$0 M | +$0 M | -$14 M | -$14 M | -$12 M |
XML | -$2 M | +$0 M | +$12 M | +$10 M | +$11 M |
XMI vs XML exposure
Countries
XMI
Japan
27.94%
Switzerland
10.38%
United Kingdom
9.46%
Other
52.22%
XML
Japan
27.92%
Switzerland
10.38%
United Kingdom
9.46%
Other
52.24%
Sectors
XMI
Finance
23.67%
Consumer Non-Cyclicals
13.43%
Industrials
10.56%
Healthcare
10.51%
Energy
8.98%
Telecommunications
8.58%
Other
24.27%
XML
Finance
23.66%
Consumer Non-Cyclicals
13.42%
Industrials
10.56%
Healthcare
10.50%
Energy
8.98%
Telecommunications
8.57%
Other
24.31%
As of October 16, 2026
Top 10 Holdings
XMI
DBS Group Holdings Ltd.
1.51%
Iberdrola SA
1.48%
Equinor ASA
1.47%
Takeda Pharmaceutical Co., Ltd.
1.46%
Shell Plc
1.44%
SECOM Co., Ltd.
1.43%
Eni SpA
1.40%
TotalEnergies SE
1.36%
Novartis AG
1.35%
Oversea-Chinese Banking Corp. Ltd.
1.34%
XML
DBS Group Holdings Ltd.
1.51%
Iberdrola SA
1.47%
Equinor ASA
1.47%
Takeda Pharmaceutical Co., Ltd.
1.46%
Shell Plc
1.44%
SECOM Co., Ltd.
1.43%
Eni SpA
1.40%
TotalEnergies SE
1.36%
Novartis AG
1.35%
Oversea-Chinese Banking Corp. Ltd.
1.34%
Diversification
XMI
Total weight of top 10 holdings out of 266 total
14.24%
XML
Total weight of top 10 holdings out of 266 total
14.23%
Characteristics
Compare
XMI
XML
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI EAFE Minimum Volatility Net Total Return Index - USD | MSCI EAFE Minimum Volatility 100% Hedged to CAD Net Total Return Index - CAD |
| Replication Method | Other | Other |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.49% | 2.57% |
| Meets ESG criteria | No | No |
| Inception Date | July 24, 2012 | April 5, 2016 |
Frequently asked questions about XMI and XML
Which ETF has performed better year to date: XMI or XML?
As of October 16, 2026, XMI has returned 14.71% year to date, while XML has returned 13.22%. XMI is ahead on YTD performance.
Which ETF is larger by assets under management: XMI or XML?
As of October 16, 2026, XMI manages $185.40 M in assets, while XML manages $51.41 M. XMI is the larger fund by AUM.
How are XMI and XML managed?
XMI is passively managed by iShares. It tracks the MSCI EAFE Minimum Volatility Net Total Return Index - USD benchmark. XML is passively managed by iShares. It tracks the MSCI EAFE Minimum Volatility 100% Hedged to CAD Net Total Return Index - CAD benchmark.
What sectors do XMI and XML emphasize?
XMI is most exposed to Finance, Consumer Non-Cyclicals, and Industrials. XML is most exposed to Finance, Consumer Non-Cyclicals, and Industrials.
Which ETF is attracting more investor flows: XMI or XML?
Year to date, XMI has seen -$13.73 M in net flows, compared with +$11.56 M for XML. XML has attracted more net investor money so far.
How do the fees of XMI and XML compare?
XMI has an expense ratio of 0.38%, while XML has an expense ratio of 0.37%.
What are the top holdings of XMI and XML?
XMI's largest holdings include DBS Group Holdings Ltd., Iberdrola SA, and Equinor ASA. XML's top holdings include DBS Group Holdings Ltd., Iberdrola SA, and Equinor ASA.
Which ETF is more diversified: XMI or XML?
XMI holds 263 securities, while XML holds 263. On holdings count, XMI is the more diversified portfolio.
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