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iShares Canadian Financial Monthly Income ETF - Common Class
Canadian Equity Balanced
Click for more information on Fundata’s FundGrade
FundGrade A
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade A
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FundGrade A+® Rating Recipient
2025, 2022, 2018
Click for more information on Fundata’s FundGrade
|
NAVPS (06-19-2026) |
$11.18 |
|---|---|
| Change |
-$0.01
(-0.07%)
|
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (April 14, 2010): 9.76%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 2.62% | 8.02% | 12.78% | 8.89% | 31.53% | 29.01% | 25.48% | 16.31% | 12.98% | 18.72% | 13.88% | 11.82% | 11.89% | 11.95% |
| Benchmark | 2.24% | 1.25% | 9.09% | 8.38% | 27.02% | 22.44% | 19.27% | 13.68% | 11.62% | 13.61% | 11.62% | 10.67% | 10.09% | 10.07% |
| Category Average | 2.15% | 1.51% | 5.24% | 5.21% | 13.86% | 12.82% | 12.32% | 9.15% | 7.57% | 9.57% | 7.94% | 7.19% | 6.67% | 6.91% |
| Category Rank | 128 / 361 | 1 / 359 | 26 / 356 | 80 / 359 | 30 / 355 | 1 / 335 | 1 / 330 | 2 / 327 | 8 / 320 | 2 / 316 | 3 / 315 | 4 / 292 | 1 / 273 | 1 / 255 |
| Quartile Ranking | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.13% | 1.23% | 2.71% | 3.42% | 2.04% | 3.06% | 3.58% | -1.44% | 2.27% | -2.59% | 8.06% | 2.62% |
| Benchmark | 2.20% | 1.08% | 3.81% | 4.50% | 0.91% | 2.96% | 0.65% | 0.78% | 6.21% | -3.73% | 2.87% | 2.24% |
Best Monthly Return Since Inception
12.59% (November 2020)
Worst Monthly Return Since Inception
-20.51% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 21.07% | 12.04% | -9.50% | 19.36% | 1.29% | 29.30% | -14.59% | 12.77% | 27.52% | 28.22% |
| Benchmark | 15.95% | 7.50% | -6.34% | 18.83% | 6.85% | 17.62% | -7.12% | 10.48% | 17.11% | 23.78% |
| Category Average | 10.63% | 6.12% | -6.63% | 14.36% | 4.77% | 15.38% | -7.74% | 9.70% | 12.92% | 11.54% |
| Quartile Ranking | 1 | 1 | 4 | 1 | 4 | 1 | 4 | 1 | 1 | 1 |
| Category Rank | 2/ 252 | 4/ 261 | 253/ 290 | 3/ 310 | 238/ 315 | 1/ 318 | 313/ 326 | 62/ 330 | 2/ 332 | 1/ 336 |
Best Calendar Return (Last 10 years)
29.30% (2021)
Worst Calendar Return (Last 10 years)
-14.59% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 86.21 |
| Canadian Corporate Bonds | 8.86 |
| Income Trust Units | 4.16 |
| International Equity | 0.39 |
| Canadian Government Bonds | 0.26 |
| Other | 0.12 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 77.13 |
| Fixed Income | 9.19 |
| Real Estate | 4.16 |
| Energy | 3.99 |
| Utilities | 2.95 |
| Other | 2.58 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.59 |
| Latin America | 0.39 |
| Europe | 0.01 |
| Other | 0.01 |
Top Holdings
| Name | Percent |
|---|---|
| iShares S&P/TSX Cdn Preferred Share Idx ETF (CPD) | 18.78 |
| iShares Core Canadian Corp Bond Index ETF (XCB) | 9.23 |
| Canadian Imperial Bank of Commerce | 8.48 |
| Royal Bank of Canada | 8.42 |
| Toronto-Dominion Bank | 8.33 |
| Manulife Financial Corp | 6.56 |
| National Bank of Canada | 6.33 |
| Bank of Montreal | 5.79 |
| Great-West Lifeco Inc | 4.31 |
| Power Corp of Canada | 4.11 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
iShares Canadian Financial Monthly Income ETF - Common Class
Median
Other - Canadian Equity Balanced
3 Yr Annualized
| Standard Deviation | 10.80% | 12.55% | 13.69% |
|---|---|---|---|
| Beta | 1.01 | 1.05 | 1.14 |
| Alpha | 0.05 | 0.01 | 0.01 |
| Rsquared | 0.70% | 0.75% | 0.75% |
| Sharpe | 1.84 | 0.81 | 0.76 |
| Sortino | 4.42 | 1.32 | 0.98 |
| Treynor | 0.20 | 0.10 | 0.09 |
| Tax Efficiency | 89.82% | 81.52% | 78.46% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.15% | 10.80% | 12.55% | 13.69% |
| Beta | 0.62 | 1.01 | 1.05 | 1.14 |
| Alpha | 0.13 | 0.05 | 0.01 | 0.01 |
| Rsquared | 0.33% | 0.70% | 0.75% | 0.75% |
| Sharpe | 2.81 | 1.84 | 0.81 | 0.76 |
| Sortino | 7.60 | 4.42 | 1.32 | 0.98 |
| Treynor | 0.42 | 0.20 | 0.10 | 0.09 |
| Tax Efficiency | 92.78% | 89.82% | 81.52% | 78.46% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | April 14, 2010 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,345 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
Investment Objectives
FIE's investment objective is to maximize total return for Unitholders, consisting of distributions and capital appreciation and to provide Unitholders with a stable stream of monthly cash distributions of $0.05 per Unit ($0.60 per annum). There can be no assurance that FIE will achieve its stated investment objective, including making distributions at its targeted rate. Currently, FIE is paying monthly cash distributions of $0.04 per Unit ($0.48 per annum).
Investment Strategy
FIE invests in the FIE Portfolio. Up to 25% of the assets in the FIE Portfolio may be invested in securities of other Canadian issuers. To construct the FIE Portfolio, BTC, the sub-adviser to FIE, refers to a model portfolio (the Model Portfolio ) provided by Manulife Investment Management. The Model Portfolio is provided quarterly, or more frequently if required to reflect any corporate actions affecting the constituents of the Model Portfolio.
Portfolio Management
| Portfolio Manager |
BlackRock Asset Management Canada Limited |
|---|---|
| Sub-Advisor |
BlackRock Institutional Trust Company, N.A.
|
Management and Organization
| Fund Manager |
BlackRock Asset Management Canada Limited |
|---|---|
| Custodian |
- |
| Registrar |
State Street Trust Company Canada |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 50 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 0.74% |
|---|---|
| Management Fee | 0.65% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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