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iShares Canada ETF List and Review for 2024

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iShares Canada is one of the largest ETF providers in the world. It is owned by the Blackrock investment management company.

As of January 2023, iShares Canada has 160 ETFs available for Canadian investors.

There are over $3 trillion in total assets invested in global iShares funds, and it is an industry leader in Exchange Traded Funds along with Vanguard.

In this article, I will cover some of the best iShares ETFs in Canada. I will discuss their holdings, performance, key facts, and fees, as well as how Canadian investors can buy these ETFs in their brokerage accounts.

Table of Contents Show

iShares Canada Overview

iShares Canada is a popular investment product line from the world-famous Blackrock Investment Management company.

The best iShares Canada ETF for you will depend on your personal preferences, risk tolerance, and long-term investment goals.

iShares Canada ETF List

This article covers the following types of iShares Canada ETFs:

  • Best iShares Canada Equity ETFs
  • Best iShares Canada Fixed Income ETFs
  • Best iShares Canada Asset Allocation ETFs
  • Best iShares Canada Precious Metal ETFs
  • Best iShares Canada REIT ETFs

There are plenty of choices for investors in the iShares Canada catalogue of ETFs. This article will not cover all options, but it provides a good introduction.

These are the iShares Canada ETFs discussed in a bit more detail:

  1. iShares Canada S&P/TSX 60 Index ETF (XIU)
  2. iShares Canada Core S&P/TSX Capped Composite Index ETF (XIC)
  3. iShares Canada Core S&P 500 Index ETF (CAD-Hedged) (XSP)
  4. iShares S&P/TSX Composite High Dividend Index ETF (XEI)
  5. iShares Canada Core S&P 500 Index ETF (XUS)
  6. iShares Canada S&P/TSX Capped Energy Index ETF (XEG)
  7. iShares Canada Core S&P US Total Market Index ETF (XUU)
  8. iShares Canada Core Canadian Universe Bond Index ETF (XBB)
  9. iShares Canada Core Canadian Short-term Bond Index ETF (XSB)
  10. iShares Canada Core Canadian Short-term Corporate Bond Index ETF (XSH)
  11. iShares Canada Core Canadian Corporate Bond Index ETF (XCB)
  12. iShares Canada Core Canadian Government Bond Index ETF (XGB)
  13. iShares Canada Core Growth ETF Portfolio (XGRO)
  14. iShares Canada Core Balanced ETF Portfolio (XBAL)
  15. iShares Canada Core Equity ETF Portfolio (XEQT)
  16. iShares Diversified Monthly Income ETF (XTR)
  17. iShares Canada Core Income Balanced ETF Portfolio (XINC)
  18. iShares Canada S&P/TSX Global Gold Index ETF (XGD)
  19. iShares Canada Gold Bullion ETF (CGL)
  20. iShares Canada S&P/TSX Global Base Metals Index ETF (XBM)
  21. iShares Canada Silver Bullion ETF (SVR)
  22. iShares Canada S&P/TSX Capped REIT Index ETF (XRE)
  23. iShares Canada Global Real Estate Index ETF (CGR)

Note: All the facts and figures are as of January 2023, based on the information provided on the ETF pages.

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Best iShares Canada Equity ETFs

iShares S&P/TSX 60 Index ETF (XIU)

XIU is an iShares Canada ETF established in September 1999 and trades on the Toronto Stock Exchange. It provides Canadian investors with exposure to the largest Canadian companies on the TSX.

The XIU ETF aims to provide investors with long-term capital growth by replicating the TSX 60 index. Since its inception, it has had an average annual return of 7.25% and a cumulative return of 409.32%.

Here are the top ten holdings in XIU:

Ticker SymbolAsset NameAllocation
RYRoyal Bank of Canada7.83%
TDToronto Dominion6.83%
ENBEnbridge Inc4.55%
CNRCanadian National Railway3.98%
CPCanadian Pacific Railway LTD3.95%
BMOBank of Montreal3.94%
CNQCanadian Natural Resources Ltd3.72%
BNSBank of Nova Scotia3.52%
SHOPShopify Inc3.18%
BNBrookfield Corp Class A2.95%

Here are some key facts for XIU:

  • MER: 0.18%
  • Number of holdings: 60
  • Dividend yield: 2.83%
  • 12-Month Trailing Yield: 2.84%
  • Distribution frequency: Quarterly
  • 1-year performance: -6.36%
  • Eligibility: All registered and non-registered accounts

Learn more in this XIU review.

iShares Canada Core S&P/TSX Capped Composite Index ETF (XIC)

XIC is an iShares Canada ETF that was established in February of 2001 and trades on the Toronto Stock Exchange. It provides exposure to the entire Canadian stock market and is a low-cost, long-term holding for Canadian investors.

Since its inception, XIC has had an average annual return of 6.67% and a cumulative return of 310.62%.

Here are its top ten holdings:

Ticker SymbolAsset NameAllocation
RYRoyal Bank of Canada6.27%
TDToronto Dominion5.47%
ENBEnbridge Inc3.64%
CNRCanadian National Railway3.19%
CPCanadian Pacific Railway Ltd3.16%
BMOBank of Montreal3.16%
CNQCanadian Natural Resources Ltd2.98%
BNSBank of Nova Scotia2.82%
SHOPShopify Inc2.55%
BNBrookfield Corp Class A2.36%

Here are some key facts for XIC:

  • MER: 0.06%
  • Number of holdings: 236
  • Dividend yield: 2.77%
  • 12-Month Trailing Yield: 2.92%
  • Distribution frequency: Quarterly
  • 1-year performance: -5.85%
  • Eligibility: All registered and non-registered accounts

Learn more in this XIC review.

iShares Canada Core S&P 500 Index ETF (CAD-Hedged) (XSP)

XSP is an iShares Canada ETF that was established in May of 2001 and trades on the Toronto Stock Exchange. It provides exposure to the S&P 500 US index at a low cost. It is designed to be a long-term core holding for Canadian investors.

Since its inception, XSP has had an average annual return of 4.57% and a cumulative return of 162.65%.

XSP is designed differently from other ETFs in that it consists of the iShares Core S&P 500 ETF (IVV) and Canadian dollars to hedge against foreign exchange volatility.

Here are the top ten holdings in IVV, which is the main component of XSP:

Ticker SymbolAsset NameAllocation
AAPLApple Inc6.32%
MSFTMicrosoft Corp5.43%
AMZNAmazon.com Inc2.58%
GOOGLAlphabet Inc Class A1.71%
BRK.BBerkshire Hathaway Inc Class B1.64%
GOOGAlphabet Inc Class C1.54%
NVDANVIDIA Corp1.45%
XOMExxon Mobil Corp1.42%
UNHUnitedHealth Group Inc1.35%
JNJJohnson & Johnson1.30%

Here are some key facts for XSP:

  • MER: 0.10%
  • Number of holdings: 1
  • Dividend yield: 1.53%
  • 12-Month Trailing Yield: 1.31%
  • Distribution frequency: Semi-Annually      
  • 1-year performance: -19.38%
  • Eligibility: All registered and non-registered accounts

iShares S&P/TSX Composite High Dividend Index ETF (XEI)

XEI is an iShares Canada ETF that was established in April of 2011 and trades on the Toronto Stock Exchange.

This ETF is perfect for those who are looking for a low-cost ETF that pays monthly dividends from some of Canada’s best blue-chip stocks.

Since its inception, XEI has had an average annual return of 6.62% and a cumulative return of 112.03%.

Here are the top ten holdings in XEI:

Ticker SymbolAsset NameAllocation
ABXBarrick Gold Corp5.43%
SUSuncor Energy Inc5.37%
CNQCanadian Natural Resources Ltd5.14%
RYRoyal Bank of Canada4.89%
ENBEnbridge Inc4.81%
TTelus Corp4.80%
BMOBank of Montreal4.78%
TDToronto Dominion Bank4.78%
TRPTC Energy Group4.69%
BCEBCE Inc4.66%

Here are some key facts for XEI:

  • MER: 0.22%
  • Number of holdings: 75
  • Dividend yield: 4.63%
  • 12-Month Trailing Yield: 4.88%
  • Distribution frequency: Monthly
  • 1-year performance: 0.45%
  • Eligibility: All registered and non-registered accounts

iShares Canada Core S&P 500 Index ETF (XUS)

XUS is an iShares Canada ETF established in April of 2013 and trades on the Toronto Stock Exchange.

XUS is designed to mirror the S&P 500 benchmark index. It holds 99.4% of its weight in IVV iShares Core S&P 500 ETF, which is the US-listed version of Blackrock’s S&P 500 ETF.

Overall, this fund is similar to the XSP ETF. The difference is that XSP is CAD-Hedged. XUS has had a slightly better performance and pays dividends quarterly rather than semi-annually, like XSP.

Since its inception, XUS has had an average annual return of 14.56% and a cumulative return of 274.78%.

Here are the top ten holdings in IVV, which is the main component of XUS:

Ticker SymbolAsset NameAllocation
AAPLApple Inc6.32%
MSFTMicrosoft Corp5.43%
AMZNAmazon.com Inc2.58%
GOOGLAlphabet Inc Class A1.71%
BRK.BBerkshire Hathaway Inc Class B1.64%
GOOGAlphabet Inc Class C1.54%
NVDANVIDIA Corp1.45%
XOMExxon Mobil Corp1.42%
UNHUnitedHealth Group Inc1.35%
JNJJohnson & Johnson1.30%

Here are some key facts for XUS:

  • MER: 0.10%
  • Number of holdings: 1 (IVV)
  • Dividend yield: 1.63%
  • 12-Month Trailing Yield: 1.33%
  • Distribution frequency: Quarterly
  • 1-year performance: -12.42%
  • Eligibility: All registered and non-registered accounts

Learn more in this XUS review.

iShares Canada S&P/TSX Capped Energy Index ETF (XEG)

XEG is an iShares Canada ETF that was established in March of 2001 and trades on the Toronto Stock Exchange.

This ETF targets exposure to some of the largest energy companies in the Canadian energy sector.

Since its inception, XEG has had an average annual return of 6.10% and a cumulative return of 262.90%.

Here are the top ten holdings in XEG:

Ticker SymbolAsset NameAllocation
CNQCanadian Natural Resources LTD25.69%
SUSuncor Energy Inc22.17%
CVECenovus Energy Inc13.24%
TOUTourmaline Oil Corp7.22%
IMOImperial Oil Corp4.50%
ARXArc Resources LTD3.67%
WCPWhitecap Resources Inc2.44%
MEGMEG Energy Corp2.01%
CPGCrescent Point Energy Group1.98%
ERFEnerplus Corp1.98%

Here are some key facts for XEG:

  • MER: 0.60%
  • Number of holdings: 29
  • Dividend yield: 2.87%
  • 12-Month Trailing Yield: 3.27%
  • Distribution frequency: Quarterly
  • 1-year performance: 53.17%
  • Eligibility: All registered and non-registered accounts

Related: Best Oil ETFs in Canada.

iShares Canada Core S&P US Total Market Index ETF (XUU)

XUU is an iShares Canada ETF that was established in 2015 and trades on the Toronto Stock Exchange.

XUU provides Canadian investors with exposure to the entire US stock market. XUU’s primary components are other iShares ETFs.

Since its inception, XUU has had an average annual return of 10.46% and a cumulative return of 119.16%.

Here are the top ten holdings in XUU:

Ticker SymbolAsset NameAllocation
IVViShares Core S&P 500 ETF48.60%
ITOTiShares Core S&P Total US Stock44.27%
IJHiShares Core S&P Mid-Cap ETF3.23%
IJRiShares Core S&P Small-Cap ETF1.36%
USDUSD Cash0.11%
BXBlackstone Inc.0.09%
UBERUber Technologies Inc0.08%
FERGFerguson PLC0.07%
PANWPalo Alto Networks Inc0.06%
ABNBAirbnb Inc Class A0.06%

Here are some key facts for XUU:

  • MER: 0.08%
  • Number of holdings: 115
  • Dividend yield: 2.07%
  • 12-Month Trailing Yield: 1.33%
  • Distribution frequency: Quarterly
  • 1-year performance: -13.19%
  • Eligibility: All registered and non-registered accounts

Learn more in this XUU review.

Here are 15 other iShares Canada Equity ETFs to Consider:

Ticker SymbolETF NameMER1-Year Return
XDViShares Canadian Select Dividend Index ETF0.55%-8.58%
XAWiShares Core MSCI All Country World ex Canada Index ETF0.22%-11.77%
XQQiShares NASDAQ 100 Index ETF (CAD-Hedged)0.39%-33.68%
XEFiShares Core MSCI EAFE IMI Index ETF0.22%-9.27%
XFNiShares S&P/TSX Capped Financials Index ETF0.61%-9.90%
CPDiShares S&P/TSX Canadian Preferred Share Index ETF0.50%-18.42%
XINiShares MSCI EAFE Index ETF (CAD-Hedged) 0.54%-5.72%
CDZiShares S&P/TSX Canadian Dividend Aristocrats Index ETF0.66%-4.25%
XECiShares Core MSCI Emerging Markets IMI Index ETF0.27%-14.56%
XFHiShares Core MSCI EAFE IMI Index ETF (CAD-Hedged)0.22%-6.52%
XDIViShares Core MSCI Canadian Quality Dividend Index ETF0.11%0.47%
XWDiShares MSCI World Index ETF0.49%-11.39%
XHCiShares Global Healthcare Index ETF (CAD-Hedged)0.65%-3.46%
XSUiShares U.S. Small Cap Index ETF (CAD-Hedged)0.36%-21.67%
COWiShares Global Agriculture Index ETF0.71%12.47%
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Best iShares Canada Fixed Income ETFs

iShares Canada Core Canadian Universe Bond Index ETF (XBB)

XBB is an iShares Canada ETF established in November of 2000 and trades on the Toronto Stock Exchange.

This iShares Canadian fixed-income ETF provides low-cost exposure to Canada’s investment-grade bond market.

Since its inception, XBB has had an average annual return of 4.05% and a cumulative return of 140.56%.

Here are some key facts for XBB:

  • MER: 0.10%
  • Number of bonds: 1,489
  • Distribution yield: 2.89%
  • 12-Month Trailing Yield: 3.06%
  • Distribution frequency: Monthly
  • Weighted Average Coupon: 2.87%
  • Weighted Average Maturity: 10.23 years
  • 1-year performance: -11.78%
  • Eligibility: All registered and non-registered accounts

iShares Canada Core Canadian Short-term Bond Index ETF (XSB)

XSB is an iShares Canada ETF that was established in November of 2000 and trades on the Toronto Stock Exchange.

This fixed-income fund provides low-cost exposure to Canadian investment-grade bonds with maturities of 1 to 5 years.

Since its inception, XSB has had an average annual return of 3.35% and a cumulative return of 107.00%.

Here are some key facts for XSB:

  • MER: 0.10%
  • Number of bonds: 559
  • Distribution yield: 2.40%
  • 12-Month Trailing Yield: 2.45%
  • Distribution frequency: Monthly
  • Weighted Average Coupon: 2.45%
  • Weighted Average Maturity: 2.98 years
  • 1-year performance: -4.13%
  • Eligibility: All registered and non-registered accounts

iShares Canada Core Canadian Short-term Corporate Bond Index ETF (XSH)

XSH is an iShares Canada ETF established in September 2011 and trades on the Toronto Stock Exchange.

This Blackrock fixed-income ETF provides low-cost exposure to investment-grade corporate bonds.

Since its inception, XSH has had an average annual return of 2.01% and a cumulative return of 25.24%.

Here are some key facts for XSH:

  • MER: 0.10%
  • Number of bonds: 438
  • Distribution yield: 3.11%
  • 12-Month Trailing Yield: 3.18%
  • Distribution frequency: Monthly
  • Weighted Average Coupon: 3.06%
  • Weighted Average Maturity: 3.37 years
  • 1-year performance: -4.55%
  • Eligibility: All registered and non-registered accounts

iShares Core Canadian Corporate Bond Index ETF (XCB)

XCB is an iShares Canada ETF that was established in November of 2006 and trades on the Toronto Stock Exchange.

This Canadian Blackrock fixed-income fund provides exposure to investment-grade corporate bonds with maturities of at least 1 year.

Since its inception, XCB has had an average annual return of 3.39% and a cumulative return of 71.30%.

Here are some key facts for XCB:

  • MER: 0.17%
  • Number of bonds: 993
  • Distribution yield: 3.58%
  • 12-Month Trailing Yield: 3.75%
  • Distribution frequency: Monthly
  • Weighted Average Coupon: 3.61%
  • Weighted Average Maturity: 8.54 years
  • 1-year performance: -10.02%
  • Eligibility: All registered and non-registered accounts

iShares Core Canadian Government Bond Index ETF (XGB.TO)

XGB is an iShares Canada ETF that was established in November 2006 and trades on the Toronto Stock Exchange.

This Canadian fixed-income ETF invests in investment-grade government bonds with maturities of at least one year.

Since its inception, XGB has had an average annual return of 2.63% and a cumulative return of 52.20%.

Here are some key facts for XGB:

  • MER: 0.13%
  • Number of bonds: 431
  • Distribution yield: 2.64%
  • 12-Month Trailing Yield: 2.78%
  • Distribution frequency: Monthly
  • Weighted Average Coupon: 2.62%
  • Weighted Average Maturity: 10.77 years
  • 1-year performance: -12.45%
  • Eligibility: All registered and non-registered accounts

Here are 10 other iShares Canada Fixed Income ETFs to Consider:

Ticker SymbolETF NameMER1-Year Return
CLFiShares Canada 1-5 Year Laddered Government Bond Index ETF0.17%-3.83%
XRBiShares Canadian Real Return Bond Index ETF0.39%-14.68%
XFRiShares Floating Rate Index ETF0.22%+1.80%
XLBiShares Core Canadian Long-Term Bond Index ETF0.20%-21.90%
CBOiShares 1-5 Year Laddered Corporate Bond Index ETF0.28%-4.64%
CLGiShares 1-10 Year Laddered Government Bond Index ETF0.17%-6.40%
XQBiShares High Quality Canadian Bond Index ETF0.13%-10.69%
CBHiShares 1-10 Year Laddered Corporate Bond Index ETF0.28%-6.58%
XHYiShares US High Yield Bond Index ETF (CAD-Hedged)0.66%-11.50%
CMRiShares Premium Money Market ETF0.27%1.64%

Best iShares Canada Asset Allocation ETFs

iShares Core Growth ETF Portfolio (XGRO)

XGRO is an iShares Canada ETF that was established in June of 2007 and trades on the Toronto Stock Exchange.

This Blackrock asset allocation fund provides exposure to a well-diversified and low-cost portfolio of iShares ETFs.

Since its inception, XGRO has had an average annual return of 3.64% and a cumulative return of 74.31%.

Here are the top ten holdings in XGRO:

Ticker SymbolAsset NameAllocation
ITOTiShares Core S&P Total US Stock Market  ETF36.24%
XICiShares S&P/TSX Capped Composite20.07%
XEFiShares MSCI EAFE IMI Index ETF20.05%
XBBiShares Core Canadian Universe Bond Index12.52%
IEMGiShares Core MSCI Emerging Markets Index ETF4.04%
XSHiShares Core Canadian Short-Term Corporate Bond Index ETF3.10%
USIGiShares Broad USD Investment Grade Corporate Bond ETF1.95%
GOVTiShares US Treasury Bond ETF1.93%
USDUS Dollars Cash0.05%
CADCanadian Dollars Cash0.03%

Here are some key facts for XGRO:

  • MER: 0.20%
  • Number of holdings: 8 with 20,507 underlying holdings
  • Distribution yield: 1.43%
  • 12-Month Trailing Yield: 1.80%
  • Distribution frequency: Quarterly
  • 1-year performance: -11.00%
  • Eligibility: All registered and non-registered accounts

Learn more in this XGRO review.

iShares Core Balanced ETF Portfolio (XBAL)

XBAL is an iShares Canada ETF that was established in June of 2007 and trades on the Toronto Stock Exchange.

This Blackrock iShares fund provides exposure to a well-diversified and low-cost portfolio of iShares ETFs.

Since its inception, XBAL has had an average annual return of 4.54% and a cumulative return of 99.16%.

Here are the top ten holdings of XBAL:

Ticker SymbolAsset NameAllocation
ITOTiShares Core S&P Total US Stock Market  ETF27.26%
XBBiShares Core Canadian Universe Bond Index25.12%
XICiShares S&P/TSX Capped Composite15.10%
XEFiShares MSCI EAFE IMI Index ETF15.08%
XSHiShares Core Canadian Short-Term Corporate Bond Index ETF6.23%
USIGiShares Broad USD Investment Grade Corporate Bond ETF3.91%
GOVTiShares US Treasury Bond ETF3.88%
IEMGiShares Core MSCI Emerging Markets Index ETF3.04%
USDUS Dollars Cash0.20%
CADCanadian Dollars Cash0.10%

Here are some key facts for XBAL:

  • MER: 0.20%
  • Number of holdings: 8 with 20,547 underlying holdings
  • Distribution yield: 1.89%
  • 12-Month Trailing Yield: 2.03%
  • Distribution frequency: Quarterly
  • 1-year performance: -11.08%
  • Eligibility: All registered and non-registered accounts

Learn more in this XBAL review.

iShares Core Equity ETF Portfolio (XEQT)

XEQT is an iShares Canada ETF that was established in August of 2019 and trades on the Toronto Stock Exchange.

XEQT provides exposure to a well-diversified and low-cost portfolio of iShares ETFs.

Since its inception, XEQT has had an average annual return of 7.84% and a cumulative return of 29.28%.

Here are the top holdings in XEQT:

Ticker SymbolAsset NameAllocation
ITOTiShares Core S&P Total US Stock Market ETF44.30%
XEFiShares MSCI EAFE IMI Index ETF25.19%
XICiShares S&P/TSX Capped Composite Index ETF25.13%
IEMGiShares Core MSCI Emerging Markets Index ETF5.17%
CADCanadian Dollars Cash0.11%
USDUS Dollars Cash0.11%

Here are some key facts for XEQT:

  • MER: 0.20%
  • Number of holdings: 4 with 9,319 underlying holdings
  • Distribution yield: 2.64%
  • 12-Month Trailing Yield: N/A
  • Distribution frequency: Quarterly
  • 1-year performance: -10.93%
  • Eligibility: All registered and non-registered accounts

Learn more in this XEQT review.

iShares Diversified Monthly Income ETF (XTR.TO)

XTR is an iShares Canada ETF that was established in December 2015 and trades on the Toronto Stock Exchange.

This asset allocation fund from Blackrock provides exposure to a well-diversified and low-cost portfolio of income-bearing assets

Since its inception, XTR has had an average annual return of 4.38% and a cumulative return of 107.36%.

Here are the top ten holdings in XCNS:

Ticker SymbolAsset NameAllocation
XCBiShares Core Canadian Bond Index ETF28.70%
XHUiShares US High Dividend Equity Index ETF26.85%
XEIiShares S&P/TSX Equity Income Index ETF21.92%
XHBiShares Canadian Hybrid Corporate Bond Index ETF6.00%
XSHiShares Core Canadian Short-Term Corporate Bond Index ETF5.18%
XHYiShares US High Yield Bond Index ETF4.00%
XEBiShares JP Morgan USD Emerging Markets Bond Index ETF2.98%
XECiShares MSCI Emerging Market IMI Index ETF2.01%
XGBiShares Core Canadian Government Bond Index ETF2.00%
CADCanadian Dollars Cash0.36%

Here are some key facts for XTR:

  • MER: 0.61%
  • Number of holdings: 9 with 6132 underlying holdings
  • Distribution yield: 4.51%
  • 12-Month Trailing Yield: 4.89%
  • Distribution frequency: Monthly        
  • 1-year performance: -4.76%
  • Eligibility: All registered and non-registered accounts

iShares Canada Core Income Balanced ETF Portfolio (XINC)

XINC is an iShares Canada ETF that was established in August of 2019 and trades on the Toronto Stock Exchange.

This Blackrock balanced ETF portfolio provides exposure to several different markets and asset classes through different iShares ETFs.

Since its inception, XINC has had an average annual return of 0.09% and a cumulative return of 0.30%.

Here are the top holdings in XINC:

Ticker SymbolAsset NameAllocation
XBBiShares Core Canadian Universe Bond Index50.82%
XSHiShares Core Canadian Short-Term Corporate Bond Index ETF12.60%
ITOTiShares Core S&P Total US Stock Market  ETF9.20%
USIGiShares Broad USD Investment Grade Corporate Bond ETF7.91%
GOVTiShares US Treasury Bond ETF7.84%
XICiShares S&P/TSX Capped Composite5.09%
XEFiShares MSCI EAFE IMI Index ETF5.09%
IEMGiShares Core MSCI Emerging Markets Index ETF1.03%
USDUS Dollars Cash0.20%
CADCanadian Dollars Cash0.15%

Here are some key facts for XINC:

  • MER: 0.20%
  • Number of holdings: 8 with 20,547 underlying holdings
  • Distribution yield: 2.50%
  • 12-Month Trailing Yield: N/A
  • Distribution frequency: Quarterly
  • 1-year performance: -11.14%
  • Eligibility: All registered and non-registered accounts

Related: Best All in One ETFs in Canada.

Best iShares Canada Precious Metals ETFs

iShares S&P/TSX Global Gold Index ETF (XGD)

XGD is an iShares Canada ETF that was established in March of 2001 and trades on the Toronto Stock Exchange.

XGD provides exposure for Canadian investors to global gold producers.

Since its inception, XGD has had an average annual return of 4.97% and a cumulative return of 187.25%.

Here are the top ten holdings for XGD:

Ticker SymbolAsset NameAllocation
NEMNewmont17.86%
ABXBarrick Gold Corp14.40%
FNVFranco Nevada Corp11.75%
AEMAgnico Eagle Mines Ltd10.78%
WPMWheaton Precious Metals Corp8.61%
GFIGold Fields ADR Representing Ltd4.55%
AUAnglogold Ashanti ADR REPTG Ltd3.80%
RGLDRoyal Gold Inc3.54%
KKinross Gold Corp2.53%
YRIYamana Gold Inc2.46%

Here are some key facts for XGD:

  • MER: 0.61%
  • Number of holdings: 43
  • Distribution yield: 3.45%
  • 12-Month Trailing Yield: 1.58%
  • Distribution frequency: Semi-Annual
  • 1-year performance: -2.99%
  • Eligibility: All registered and non-registered accounts.

Learn more in this XGD review.

iShares Gold Bullion ETF (CGL)

CGL is an iShares Canada ETF that was established in May of 2009 and trades on the Toronto Stock Exchange.

This iShares ETF is designed to target the price of gold that is hedged to the Canadian dollar. It does not hold any equities or funds.

It also has an unhedged version of the ETF that trades under CGL.C.TO.

Since its inception, CGL has had an average annual return of 3.33% and a cumulative return of 56.16%.

Here are some key facts for CGL:

  • MER: 0.55%
  • Number of holdings: 1
  • Distribution yield:  N/A
  • 12-Month Trailing Yield: N/A
  • Distribution frequency: N/A
  • 1-year performance: -1.52%
  • Eligibility: All registered and non-registered accounts

iShares S&P/TSX Global Base Metals Index ETF (XBM)

XBM is an iShares Canada ETF that was established in April 2011 and trades on the Toronto Stock Exchange.

This iShares Base Metals ETF targets exposure to global equities that produce or extract base metals.

Since its inception, XBM has had an average annual return of 2.22% and a cumulative return of 29.36%.

Here are the top ten holdings for XBM:

Ticker SymbolAsset NameAllocation
FCXFreeport MCMORAN Inc10.68%
BHPBHP Group ADR Ltd10.51%
RIORio Tinto ADR REPTG ONE PLC10.49%
TECK.BTeck Resources Subordinate Voting10.44%
FMFirst Quantum Minerals Ltd9.17%
AAAlcoa Corp8.42%
SCCOSouthern Copper Corp5.81%
IVNIvanhoe Mines Ltd Class A4.83%
LUNLundin Mining Corp4.43%
MPMP Materials Corp Class A2.59%

Here are some key facts for XBM:

  • MER: 0.61%
  • Number of holdings: 33
  • Distribution yield:  9.06%
  • 12-Month Trailing Yield: 4.23%
  • Distribution frequency: Semi-Annual
  • 1-year performance: 3.95%
  • Eligibility: All registered and non-registered accounts

iShares Canada Silver Bullion ETF (SVR)

SVR is an iShares Canada ETF that was established in July 2009 and trades on the Toronto Stock Exchange.

This silver-based Blackrock ETF is similar to CGL in that it only holds the price of silver bullion and is hedged to the Canadian dollar.

Since its inception, SVR has had an average annual return of 1.87% and a cumulative return of 28.34%.

Here are some key facts for SVR:

  • MER: 0.66%
  • Number of holdings: 1
  • Distribution yield:  N/A
  • 12-Month Trailing Yield: N/A
  • Distribution frequency: N/A
  • 1-year performance: 2.08%
  • Eligibility: All registered and non-registered accounts

Related: Best Gold ETFs in Canada.

Best iShares Canada REIT ETFs

iShares S&P/TSX Capped REIT Index ETF (XRE)

XRE is an iShares Canada REIT ETF that was established in October 2002 and trades on the Toronto Stock Exchange.

XRE offers exposure to different types of Real Estate Investment Trusts in a single portfolio.

Since its inception, XRE has had an average annual return of 8.52% and a cumulative return of 421.81%.

Here are the top ten holdings in XRE:

Ticker SymbolAsset NameAllocation
CAR.UNCanadian Apartment Properties REIT13.72%
REI.UNRiocan REIT11.65%
GRT.UNGranite REIT8.49%
CHP.UNChoice Properties REIT6.94%
SMU.UNSummit Industrial Income REIT6.60%
FCR.UNFirst Capital REIT6.41%
AP.UNAllied Properties REIT6.35%
SRU.UNSmartcenters REIT6.05%
DIR.UNDream Industrial REIT5.81%
HR.UNH&R REIT5.71%

Here are some key facts for XRE:

  • MER: 0.61%
  • Number of holdings: 18
  • Distribution yield:  3.80%
  • 12-Month Trailing Yield: 4.77%
  • Distribution frequency: Monthly
  • 1-year performance: -17.44%
  • Eligibility: All registered and non-registered accounts

iShares Global Real Estate Index ETF (CGR)

CGR is an iShares Canada REIT ETF that was established in August of 2008 and trades on the Toronto Stock Exchange.

This worldwide Blackrock REIT ETF provides exposure to 75 global real estate companies.

Since its inception, CGR has had an average annual return of 5.00% and a cumulative return of 101.43%.

Here are the top ten holdings in CGR:

Ticker SymbolAsset NameAllocation
EQXEquinix REIT Inc4.26%
PLDPrologis REIT Inc4.25%
CCICrown Castle International REIT CO4.06%
SPGSimon Property Group REIT Inc3.90%
AMTAmerican Tower REIT Corp3.87%
ORealty Income REIT Corp3.85%
PSAPublic Storage REIT3.82%
WELLWelltower3.38%
VICIVICI PPTYS Inc3.21%
DLRDigital Realty Trust REIT Inc3.09%

Here are some key facts for CGR:

  • MER: 0.72%
  • Number of holdings: 75
  • Distribution yield:  1.26%
  • 12-Month Trailing Yield: 2.26%
  • Distribution frequency: Quarterly
  • 1-year performance: -20.65%
  • Eligibility: All registered and non-registered accounts

How To Buy iShares ETFs in Canada

1. Robo-Advisor

Robo-advisors are less frequently used but are gaining popularity.

Simply enter your trading goals and risk tolerance, and the robo-advisor will match you with the right balance of Blackrock iShares ETFs for your portfolio.

Here’s a list of the best Canadian robo-advisors.

2. Discount Brokers

Discount brokers are popular alternatives to investing with big banks.

They often provide cheaper transaction fees and sometimes even free ETF investing for Canadian assets. These are based online, and they offer most of the same investment options that big bank brokerages do.

Here are some popular Canadian discount brokers.

Wealthsimple Trade

Wealthsimple Trade is a popular discount broker amongst Canadian investors because of its low transaction fees. It offers free stock and iShares Canada ETF investing for Canadians.

Wealthsimple Trade

wealthsimple logo

Trade stocks and ETFs for free

Great trading platform for beginners

$25 cash bonus when you deposit $200+

Transfer fees waived up to $150

Questrade

Questrade is a popular discount broker in Canada. It offers a mobile and desktop platform with an easy-to-use interface for investing.

Questrade offers commission-free buy orders for iShares Canada ETFs but does charge $4.95 when you sell.

This platform also supports options, FX, bonds, mutual funds, and CFD trading.

Questrade

questrade logo

Trade stocks, ETFs, options, FX, bonds, CFDs, mutual funds, etc.

Get $50 trade credit with $1,000 funding

Low and competitive trading fees

No quarterly inactivity fees

Access to advanced tools and trading data

Top platform for advanced traders

Transfer fees waived

Qtrade

Qtrade is yet another popular discount broker, although its fees are higher than both Wealthsimple Trade and Questrade. Instead of commission-free investing, Qtrade has a list of Canadian ETFs that it allows investors to buy for free.

Investors can buy Blackrock iShares ETFs like XBAL, XGRO, XEQT, and XINC, amongst others, for no charge.

3. Financial Advisor

Whether you use a financial advisor through your bank or a private one, they are excellent sources of information for buying iShares ETFs on the TSX.

They can advise you based on your risk tolerance and long-term investing goals.

Pros and Cons of iShares Canada ETFs

Pros

  • Blackrock iShares ETFs have some of the lowest MERs on the market and offer a wide variety of investing options.
  • iShares Canada ETFs on the TSX offer exposure to global and international stocks without any foreign exchange fees.
  • iShares Canada ETFs are free to trade at most Canadian discount brokers like Wealthsimple Trade, Questrade, and Qtrade.

Cons

  • iShares ETFs often hold many of the same stocks as the highest allocations in the funds.
  • iShares ETFs have little choice for precious metals and REIT sectors.
  • iShares Canada ETFs generally have a higher MER than those from Vanguard Canada.

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Editorial Disclaimer: The investing information provided here is for informational purposes only and is not intended as individual investment advice or recommendation to invest in any specific security or investment product. Investors should always conduct their own independent research before making investment decisions or executing investment strategies. Savvy New Canadians does not offer advisory or brokerage services. Note that past investment performance does not guarantee future returns.

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Author

Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu, personal finance expert, author, and founder of Savvy New Canadians, has written about money matters for over 10 years. Enoch has an MSc (Econ) degree in Finance and Investment Management from the University of Aberdeen Business School and has completed the Canadian Securities Course. His expertise has been highlighted in major publications like Forbes, Globe and Mail, Business Insider, CBC News, Toronto Star, Financial Post, CTV News, TD Direct Investing, Canadian Securities Exchange, and many others. Enoch is passionate about helping others win with their finances and recently created a practical investing course for beginners. You can read his full author bio.

About Savvy New Canadians

Savvy New Canadians is one of Canada's top personal finance platforms. Millions of Canadians use our site each year to learn how to save for retirement, invest smartly, maximize rewards, and earn extra cash. We have been featured in prominent finance media, including Forbes, Globe and Mail, Business Insider, CBC, MSN, Wealthsimple, and TD Direct Investing. Learn more about Savvy New Canadians.

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