XEI-CA
iShares S&P/TSX Composite High Dividend Index ETF
XEI seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Composite High Dividend Index, net of expenses. Under normal market conditions, XEI will primarily invest in Canadian equity securities.
Canadian
EQUITY
Rules-Based
MANAGEMENT STYLE
$1.9 B
ASSETS UNDER MGMT
24 bp
EXPENSES
Fund Basics
| Fund sponsor | Blackrock |
| Category | Canadian |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 06, 2011 |
| Assets (mns) | $1,852 |
| Expense ratio | 24 bp |
| Currency | CAD |
Sector Breakdown
Fund Structure
| Regulation | Canadian Mutual Fund Trust (ON) |
| Distributions | Monthly |
| Taxation | |
| Stock selection | Dividends |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| SUNCOR ENERGY INC | 5.4 % |
| ROYAL BANK OF CANADA | 5.4 % |
| ENBRIDGE INC | 5.0 % |
| TRANSCANADA CORP | 4.9 % |
| NUTRIEN LTD. | 4.9 % |
| CANADIAN NATURAL RESOURCES | 4.8 % |
| BCE INC. | 4.6 % |
| TORONTO-DOMINION BANK | 4.6 % |
| TELUS CORPORATION | 4.6 % |
| BANK OF MONTREAL | 4.0 % |
Constituent Breakdown
| Number of holdings | 75 |
| Herfindahl-Hirschman Index | 326 |
| Wgt avg mkt cap (mns) | $45,988 |
| Large cap (>$10bn) | 74.9% |
| Mid cap ($2-10bn) | 17.3% |
| Small cap (<$2bn) | 4.7% |
| Developed mkts. | 96.6% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
CANADA | 93.0 % |
 |
BERMUDA | 3.6 % |
Historical Performance
Standardized Performance (as of 07/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 7.8% | 11.2% | 8.3% | 4.1% | 10.9% | 3.9% | -- | 2.7% |
| Dividend Yield | 2.9% | 6.0% | 6.0% | 5.6% | 5.5% | 5.3% | -- | 5.3% |
| Total Returns | 10.7% | 17.2% | 14.3% | 9.7% | 16.4% | 9.2% | -- | 8.0% | Ann. Volatility | 12.3% | 10.7% | 11.1% | 11.8% | 12.4% | 16.7% | -- | 15.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.57 | 56% |
| MSCI EAFE | 0.54 | 57% |
| MSCI Emg Mkts | 0.36 | 27% |
Liquidity Measures
| Avg. volume (000) | 159 |
| ADV traded (mns) | $5 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| Recent close | $28.90 |
| 30d moving avg. | $28.77 |
| Annualized volatility | 11.6% |
| Relative strength (RSI) | 65 |
| Short interest | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| VDY-CA | Vanguard FTSE Canadian High Dividend Yield Index ETF | 62.9% | -1 bp | +8.4% |
| XDV-CA | iShares Canadian Select Dividend Index ETF | 48.9% | +32 bp | +8.7% |
| XIU-CA | iShares S&P/TSX 60 Index ETF | 45.9% | -6 bp | +6.5% |
| ZCN-CA | BMO S&P/TSX Capped Composite Index ETF | 43.9% | -18 bp | +6.8% |
| XIC-CA | iShares Core S&P/TSX Capped Composite Index ETF | 43.7% | -18 bp | +6.8% |
| VCE-CA | Vanguard FTSE Canada Index ETF | 43.5% | -18 bp | +6.8% |
| QCN-CA | Mackenzie Canadian Equity Index ETF | 42.5% | -19 bp | +6.9% |
| XESG-CA | iShares ESG Aware MSCI Canada Index ETF | 41.7% | -7 bp | +6.5% |
| VCN-CA | Vanguard FTSE Canada All Cap Index ETF | 41.0% | -19 bp | +6.8% |
| TTP-CA | TD Canadian Equity Index ETF | 40.1% | -18 bp | +6.9% |
Risk and Returns: vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 8/2/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
XEI-CA
8.0%
Cat. Avg
7.6%
ALTAR Score™ Calculation
Category Overview
There are 17 funds in the Canadian Equity category, with an average ALTAR Score™
of 7.6% and a standard deviation of
1.4%. XEI-CA's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places XEI-CA in the 63rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
XEI-CASELL
U/W
HOLD
O/W
BUY