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iShares MSCI Min Vol USA Index ETF (CAD-Hedged)
XMS (iShares MSCI Min Vol USA Index ETF (CAD-Hedged)) is a factor US Equity ETF by iShares. With a 0.33% MER, it provides diversified exposure. Quarterly distribution with a 0.93% yield.
XMS by iShares is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.33% MER, its fees are in line with category averages.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.