VS
Compare iShares Edge MSCI Min Vol Canada Index ETF (XMV) vs iShares S&P/TSX 60 Index ETF (XIU) to find the best fit for your portfolio. XMV and XIU provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, XMV features a management fee (MER) of 0.3%, compared to 0.15% for XIU. Performance-wise, XMV has returned 14.19% year-to-date with -$28 M in net flows, whereas XIU is at 17.18% with +$134 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
XMV
XIU
| AuM | $387.79 M | $23,642.27 M |
| Management Fees | 0.30% | 0.15% |
| Exp. ratio | 0.34% | 0.17% |
| Tracking Difference | -0.41% | 0.51% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XMV | +2.08% | +0.37% | +14.19% | +18.74% | +78.86% |
XIU | +2.64% | +2.85% | +17.18% | +22.72% | +96.84% | |
| Flows | XMV | -$15 M | -$9 M | -$28 M | -$28 M | +$63 M |
XIU | +$663 M | -$999 M | +$134 M | +$1,552 M | +$2,452 M |
XMV vs XIU exposure
Countries
XMV
Canada
94.94%
XIU
Canada
97.63%
Sectors
XMV
Finance
35.96%
Energy
16.24%
Non-Energy Materials
9.34%
Consumer Non-Cyclicals
8.91%
Industrials
7.70%
Other
21.86%
XIU
Finance
46.47%
Energy
17.04%
Non-Energy Materials
14.13%
Other
22.36%
As of October 16, 2026
Top 10 Holdings
XMV
The Bank of Nova Scotia
3.15%
The Toronto-Dominion Bank
3.09%
Enbridge, Inc.
3.05%
Royal Bank of Canada
2.98%
Fortis, Inc.
2.97%
Canadian Pacific Kansas City Ltd.
2.97%
Canadian National Railway Co.
2.96%
Bank of Montreal
2.93%
Canadian Imperial Bank of Commerce
2.91%
Great-West Lifeco, Inc.
2.87%
XIU
Royal Bank of Canada
9.54%
The Toronto-Dominion Bank
6.75%
Shopify, Inc.
6.00%
Bank of Montreal
3.99%
The Bank of Nova Scotia
3.75%
Enbridge, Inc.
3.69%
Canadian Natural Resources Ltd.
3.49%
Canadian Imperial Bank of Commerce
3.49%
Agnico Eagle Mines Ltd.
3.44%
Brookfield Corp.
2.94%
Diversification
XMV
Total weight of top 10 holdings out of 70 total
29.88%
XIU
Total weight of top 10 holdings out of 60 total
47.08%
Characteristics
Compare
XMV
XIU
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Canada Minimum Volatility Total Return Index - CAD | S&P / TSX 60 Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.06% | 2.10% |
| Meets ESG criteria | No | No |
| Inception Date | July 24, 2012 | September 28, 1999 |
Frequently asked questions about XMV and XIU
Which ETF has performed better year to date: XMV or XIU?
As of October 16, 2026, XMV has returned 14.19% year to date, while XIU has returned 17.18%. XIU is ahead on YTD performance.
Which ETF is larger by assets under management: XMV or XIU?
As of October 16, 2026, XMV manages $387.79 M in assets, while XIU manages $23.64 B. XIU is the larger fund by AUM.
How are XMV and XIU managed?
XMV is passively managed by iShares. It tracks the MSCI Canada Minimum Volatility Total Return Index - CAD benchmark. XIU is passively managed by iShares. It tracks the S&P / TSX 60 Net Total Return Index - CAD benchmark.
What sectors do XMV and XIU emphasize?
XMV is most exposed to Finance, Energy, and Non-Energy Materials. XIU is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: XMV or XIU?
Year to date, XMV has seen -$28.14 M in net flows, compared with +$134.25 M for XIU. XIU has attracted more net investor money so far.
How do the fees of XMV and XIU compare?
XMV has an expense ratio of 0.34%, while XIU has an expense ratio of 0.17%.
What are the top holdings of XMV and XIU?
XMV's largest holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Enbridge, Inc.. XIU's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: XMV or XIU?
XMV holds 70 securities, while XIU holds 60. On holdings count, XMV is the more diversified portfolio.
Recent articles about XMV and XIU
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.