Passive

iShares MSCI Canada ETF

The iShares MSCI Canada ETF (the “Fund”) seeks to track the investment results of an index composed of Canadian equities.

$60.12

Key Metrics

TER 0.50% per year
Distribution policy Distributing
Fund size USD 6,848 M
Inception date March 12, 1996
Holdings 88
Fund currency USD
Fund domicile US
Provider iShares
For full official fund details, factsheets, and holdings, visit ishares.com (opens in new tab).

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Historical Return

Last updated: Nov 01, 2026
1 Year +19.6% +1.2% Div
3 Years (avg.) +23.6% +1.2% Div
5 Years (avg.) +8.9% +1.2% Div

Risk & Analysis Metrics

Last updated: Nov 01, 2026

Volatility

13.81% 1 Year
14.56% 3 Years
16.97% 5 Years
18.57% 10 Years

Max Drawdown

-8.51% 1 Year
-14.12% 3 Years
-25.36% 5 Years
-42.66% 10 Years

Sharpe Ratio

0.93 1 Year
1.16 3 Years
0.32 5 Years
0.32 10 Years

Return Triangle (Heatmap)

Last updated: Nov 01, 2026
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2011 -14.9% -6.1% -3.8% -2.9% -7.8% -3.2% -1.1% -3.7% -1.0% -0.6% 1.4% -0.1% 0.9% 1.6% 3.4%
2012 3.6% 2.3% 1.4% -6.0% -0.7% 1.4% -2.0% 0.9% 1.1% 3.2% 1.4% 2.3% 3.0% 4.9%
2013 1.0% 0.3% -9.0% -1.8% 1.0% -2.9% 0.5% 0.8% 3.2% 1.2% 2.2% 2.9% 5.0%
2014 -0.3% -13.6% -2.7% 1.0% -3.6% 0.5% 0.8% 3.5% 1.2% 2.3% 3.1% 5.3%
2015 -25.1% -3.8% 1.4% -4.4% 0.6% 1.0% 4.0% 1.4% 2.6% 3.4% 5.9%
2016 23.4% 17.9% 3.7% 8.3% 7.2% 9.9% 5.9% 6.7% 7.2% 9.6%
2017 12.7% -5.0% 3.7% 3.5% 7.4% 3.2% 4.5% 5.3% 8.1%
2018 -19.9% -0.5% 0.6% 6.1% 1.4% 3.2% 4.3% 7.6%
2019 23.6% 12.8% 16.5% 7.6% 8.6% 9.0% 12.2%
2020 2.9% 13.0% 2.7% 5.1% 6.3% 10.4%
2021 24.2% 2.7% 5.9% 7.2% 12.0%
2022 -15.1% -2.2% 2.0% 9.1%
2023 12.7% 11.9% 18.7%
2024 11.0% 21.8%
2025 33.7%

Distributions

*by ETF Portfolio Weight Last updated: Nov 01, 2026

Profit Margin Distribution

< 0%
0%
1y 3y N/A N/A
0 - 5%
8%
1y 3y N/A N/A
5 - 10%
9%
1y 3y N/A N/A
10 - 15%
35%
1y 3y N/A N/A
15 - 20%
26%
1y 3y N/A N/A
20 - 30%
14%
1y 3y N/A N/A
30 - 40%
2%
1y 3y N/A N/A
> 40%
6%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
0%
1y 3y N/A N/A
0 - 10
1%
1y 3y N/A N/A
10 - 15
18%
1y 3y N/A N/A
15 - 20
38%
1y 3y N/A N/A
20 - 25
12%
1y 3y N/A N/A
25 - 35
15%
1y 3y N/A N/A
35 - 50
1%
1y 3y N/A N/A
> 50
15%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
0.0%
1y 3y N/A N/A
Small Cap
0.0%
1y 3y N/A N/A
Mid Cap
0.3%
1y 3y N/A N/A
Large Cap
67.3%
1y 3y N/A N/A
Mega Cap
32.4%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Nov 01, 2026
38.2% Top 5 Holdings
57.8% Top 10 Holdings
100.0% Top 50 Holdings
100.0% Top 100 Holdings
Top 5 Companies
RY Royal Bank Of Canada
12.2%
TD Toronto Dominion Bank
8.5%
SHOP Shopify Inc
7.7%
BMO Bank of Montreal
5.0%
BNS Bank Of Nova Scotia
4.8%

Latest News

11 days ago • fool.com

Shopify Stock Fell After Its Report. Here's the Price I'd Pay for It.

Shopify's third-quarter revenue grew 32% year over year to around $3.7 billion. Free cash flow jumped 61% to $816 million.
11 days ago • seekingalpha.com

Shopify Inc. (SHOP) Q3 2026 Earnings Call Transcript

Shopify Inc. (SHOP) Q3 2026 Earnings Call Transcript
11 days ago • fool.com

Why Shopify Stock Dove Today

Shopify reported results that easily topped expectations. The company also provided upbeat Q4 guidance.

Average metrics of all companies in portfolio

Last updated: Nov 08, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $498B -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 2.21% 1.64%
Beta Indicates the relationship between the price performance of a share and the market. 1.12 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 30.81 22.61
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything - -
Profitable Companies 100% -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 37.95 9.45
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 4.44 3.37
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 3.33 6.33
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT 20.19 14.02
Enterprise Value to Revenue Enterprise value divided by revenue 7.76 5.03
Total Debt to Enterprise Value Total debt divided by enterprise value 0.24 0.18
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. 1.26 0.99
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 17.46% 16.03%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. +38.2% +19.4%
Return on Equity Equity divided by market cap. 15.15% 24.21%
Return on Assets Indicates a company's profitability in relation to its total assets. 5.09% 7.82%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. 6.35% 13.87%

Sectors

Finance and Insurance 29.7%
Mining, Quarrying, and Oil and Gas Extraction 12.9%
Transportation and Warehousing 7.9%
Information 6.3%
Manufacturing 5.1%
Utilities 4.7%
Financial Services 1.8%
Technology 1.4%
Wholesale Trade 1.1%
Accommodation and Food Services 0.8%
Non-Energy Minerals 0.6%
Administrative and Support and Waste Management and Remediation Services 0.5%
Professional, Scientific, and Technical Services 0.3%
Industrials 0.2%
Educational Services 0.2%
Basic Materials 0.2%
Other 26.2%

Countries

Canada 98.9%
United States 1.1%

Stock Screener

Select filters to narrow down the 45 investments below

45 companies

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%
Market Cap
P/E Ratio
Dividends Ratio of dividends in the last 12 months to current share price
Total Investment
Weight

Royal Bank Of Canada

RY - Finance and Insurance

Royal Bank Of Canada

RY - Finance and Insurance
Market Cap $399.85B
P/E Ratio 18.1
Dividends 2.4%
Total Investment $615.25M
Weight 8.98%

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Toronto Dominion Bank

TD - Finance and Insurance

Toronto Dominion Bank

TD - Finance and Insurance
Market Cap $288.1B
P/E Ratio 18.8
Dividends 2.5%
Total Investment $431.32M
Weight 6.30%

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Shopify Inc - Ordinary Shares - Class A

SHOP - Information

Shopify Inc - Ordinary Shares - Class A

SHOP - Information
Market Cap $269.84B
P/E Ratio 89.1
Dividends 0.0%
Total Investment $389M
Weight 5.68%

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Bank of Montreal

BMO - Finance and Insurance

Bank of Montreal

BMO - Finance and Insurance
Market Cap $32.46M
P/E Ratio 20.1
Dividends 2.7%
Total Investment $252.65M
Weight 3.69%

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Bank Of Nova Scotia

BNS - Finance and Insurance

Bank Of Nova Scotia

BNS - Finance and Insurance
Market Cap $161.81B
P/E Ratio 17.1
Dividends 3.4%
Total Investment $242.93M
Weight 3.55%

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Enbridge Inc

ENB - Utilities

Enbridge Inc

ENB - Utilities
Market Cap $151.48B
P/E Ratio 21.4
Dividends 5.7%
Total Investment $237.97M
Weight 3.47%

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Canadian Natural Resources Ltd.

CNQ - Mining, Quarrying, and Oil and Gas Extraction

Canadian Natural Resources Ltd.

CNQ - Mining, Quarrying, and Oil and Gas Extraction
Market Cap $144.31B
P/E Ratio 10.4
Dividends 3.5%
Total Investment $225.14M
Weight 3.29%

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Canadian Pacific Kansas City Limited

CP - Transportation and Warehousing

Canadian Pacific Kansas City Limited

CP - Transportation and Warehousing
Market Cap $116.68B
P/E Ratio 30.8
Dividends 0.7%
Total Investment $177.93M
Weight 2.60%

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Brookfield Corporation - Ordinary Shares - Class A

BN - Finance and Insurance

Brookfield Corporation - Ordinary Shares - Class A

BN - Finance and Insurance
Market Cap $18.71B
P/E Ratio 39.3
Dividends 0.7%
Total Investment $177.06M
Weight 2.59%

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Suncor Energy, Inc.

SU - Manufacturing

Suncor Energy, Inc.

SU - Manufacturing
Market Cap $114.73B
P/E Ratio 10.6
Dividends 2.4%
Total Investment $170.95M
Weight 2.50%

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Barrick Gold Corp.

GOLD - Mining, Quarrying, and Oil and Gas Extraction

Barrick Gold Corp.

GOLD - Mining, Quarrying, and Oil and Gas Extraction
Market Cap $29.22B
P/E Ratio 11.3
Dividends 5.0%
Total Investment $161.75M
Weight 2.36%

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Manulife Financial Corp.

MFC - Finance and Insurance

Manulife Financial Corp.

MFC - Finance and Insurance
Market Cap $103.89B
P/E Ratio 18.0
Dividends 3.0%
Total Investment $153.11M
Weight 2.24%

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Wheaton Precious Metals Corp

WPM - Mining, Quarrying, and Oil and Gas Extraction

Wheaton Precious Metals Corp

WPM - Mining, Quarrying, and Oil and Gas Extraction
Market Cap $85.12B
P/E Ratio 28.5
Dividends 0.6%
Total Investment $147.32M
Weight 2.15%

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TC Energy Corporation

TRP - Transportation and Warehousing

TC Energy Corporation

TRP - Transportation and Warehousing
Market Cap $102.05B
P/E Ratio 24.7
Dividends 3.8%
Total Investment $140.35M
Weight 2.05%

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Canadian National Railway Co.

CNI - Transportation and Warehousing

Canadian National Railway Co.

CNI - Transportation and Warehousing
Market Cap $108.72B
P/E Ratio 22.8
Dividends 2.0%
Total Investment $139.08M
Weight 2.03%

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Franco-Nevada Corporation

FNV - Mining, Quarrying, and Oil and Gas Extraction

Franco-Nevada Corporation

FNV - Mining, Quarrying, and Oil and Gas Extraction
Market Cap $67.88B
P/E Ratio 30.0
Dividends 0.7%
Total Investment $109.15M
Weight 1.59%

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Constellation Software Inc.

CSU.TO - Technology

Constellation Software Inc.

CSU.TO - Technology
Market Cap $74.01B
P/E Ratio 54.4
Dividends 0.2%
Total Investment $98.05M
Weight 1.43%

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Sun Life Financial, Inc.

SLF - Finance and Insurance

Sun Life Financial, Inc.

SLF - Finance and Insurance
Market Cap $57.73B
P/E Ratio 19.4
Dividends 3.6%
Total Investment $93.63M
Weight 1.37%

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Cameco Corp.

CCJ - Mining, Quarrying, and Oil and Gas Extraction

Cameco Corp.

CCJ - Mining, Quarrying, and Oil and Gas Extraction
Market Cap $44.33B
P/E Ratio 110.0
Dividends 0.2%
Total Investment $92.63M
Weight 1.35%

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Celestica, Inc. - Ordinary Shares (Subordinate Voting)

CLS - Manufacturing

Celestica, Inc. - Ordinary Shares (Subordinate Voting)

CLS - Manufacturing
Market Cap $43.17B
P/E Ratio 22.4
Dividends 0.0%
Total Investment $78.43M
Weight 1.15%

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