XFN.TO
iShares S&P/TSX Capped Financials Index ETF
XFN seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Financials Index, net of expenses.
Canadian
EQUITY
Passive
MANAGEMENT STYLE
$ 2.0 B
ASSETS UNDER MGMT
61 bp
EXPENSES
Fund Basics
| Inception date | Feb 12, 2001 |
| Regulation | Canadian Mutual Fund Trust (ON) |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ROYAL BANK OF CANADA | 21.8 % |
| TORONTO-DOMINION BANK | 14.5 % |
| BROOKFIELD CORP | 9.0 % |
| BANK OF MONTREAL | 8.4 % |
| BANK OF NOVA SCOTIA | 8.3 % |
| CAN IMPERIAL BK OF COMMERCE | 7.7 % |
| MANULIFE FINANCIAL CORP | 5.6 % |
| NATIONAL BANK OF CANADA | 4.5 % |
| FAIRFAX FINANCIAL HLDGS LTD | 3.6 % |
| INTACT FINANCIAL CORP | 3.4 % |
Constituent Breakdown
| Number of holdings | 28 |
| Herfindahl-Hirschman Index | 1,063 |
| Wgt avg mkt cap (mns) | $116,068 |
| Large cap (>$10bn) | 95.9% |
| Mid cap ($2-10bn) | 1.1% |
| Small cap (<$2bn) | 0.4% |
| Developed mkts. | 99.2% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 99.2 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 0.5% | 29.0% | 27.2% | 18.4% | 14.0% | 10.8% | 6.0% | 7.5% |
| Dividend Yield | 0.2% | 3.4% | 3.8% | 4.0% | 3.8% | 3.6% | 3.7% | 3.5% |
| Total Returns | 0.7% | 32.3% | 31.1% | 22.4% | 17.8% | 14.4% | 9.7% | 11.0% | Ann. Volatility | 13.6% | 14.1% | 12.4% | 12.8% | 13.1% | 16.4% | 18.7% | 17.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.58 | 63% |
| MSCI EAFE | 0.61 | 49% |
| MSCI Emg Mkts | 0.46 | 34% |
Liquidity Measures
| Avg. volume (000) | 188 |
| ADV traded (mns) | $14 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $78.63 |
| Relative strength (RSI) | 53 |
| MACD/Signal | 0.34/0.33 |
| Bollinger Bands (Upper/Lower) | $80.41/$77.15 |
| Short interest (% of AUM) | 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. XFN.TO |
Expenses vs. XFN.TO |
ALTAR Score™ vs. XFN.TO |
|---|---|---|---|---|
| ZEB.TO | BMO S&P/TSX Equal Weight Banks Index ETF | 60.4% | -33 bp | -0.2% |
| VDY.TO | Vanguard FTSE Canadian High Dividend Yield Index ETF | 59.6% | -38 bp | -0.7% |
| XCSR.TO | iShares ESG Advanced MSCI Canada Index ETF | 46.2% | -43 bp | -1.2% |
| XDV.TO | iShares Canadian Select Dividend Index ETF | 44.9% | -5 bp | +0.1% |
| XIU.TO | iShares S&P/TSX 60 Index ETF | 38.8% | -43 bp | -1.5% |
| VCE.TO | Vanguard FTSE Canada Index ETF | 38.1% | -55 bp | -1.4% |
| XESG.TO | iShares ESG Aware MSCI Canada Index ETF | 37.7% | -44 bp | -1.7% |
| VCN.TO | Vanguard FTSE Canada All Cap Index ETF | 34.8% | -56 bp | -1.4% |
| TTP.TO | TD Canadian Equity Index ETF | 33.5% | -55 bp | -1.4% |
| QCN.TO | Mackenzie Canadian Equity Index ETF | 32.9% | -56 bp | -1.3% |
Risk and Returns: XFN.TO 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 4/3/2026
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
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
7.4%
ALTAR SCORE™
93rd
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 17 funds in the Canadian Equity category with an average
ALTAR Score™ of 6.5% and a standard deviation
of 0.6%. XFN.TO's ALTAR Score™ is approximately 1.5 standard
deviations above the category average. This places XFN.TO in the 93rd percentile
among funds in the category.
Sell-Side Consensus
$89.67
PRICE TARGET
+16.3%
UPSIDE