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iShares Core Canadian Short Term Corporate Bond Index ETF

Cdn Short Term Fixed Inc

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022, 2021, 2020, 2019

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NAVPS
(12-05-2024)
$18.99
Change
-$0.01 (-0.04%)

As at October 31, 2024

As at October 31, 2024

Period
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Legend

iShares Core Canadian Short Term Corporate Bond Index ETF

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Fund Returns

Inception Return (September 13, 2011): 2.67%

Fund Returns
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 -0.20% 1.86% 5.36% 5.88% 10.14% 6.92% 2.71% 1.99% 2.66% 3.13% 2.72% 2.48% 2.55% 2.56%
Benchmark -0.30% 1.59% 4.68% 4.73% 8.05% 5.17% 1.98% 1.23% 1.90% 2.33% 2.02% 1.77% 1.79% 1.87%
Category Average -0.28% 1.36% 4.16% 4.34% 7.89% 5.02% 1.58% 1.13% 1.59% 1.92% 1.61% 1.41% 1.41% 1.34%
Category Rank 181 / 325 15 / 321 13 / 312 36 / 280 31 / 278 34 / 261 62 / 247 61 / 233 36 / 228 16 / 214 18 / 201 30 / 183 25 / 178 16 / 161
Quartile Ranking 3 1 1 1 1 1 2 2 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 2.07% 1.91% 0.01% 0.26% 0.59% -0.36% 0.95% 0.80% 1.65% 0.54% 1.52% -0.20%
Benchmark 1.67% 1.48% -0.13% 0.05% 0.53% -0.40% 0.86% 0.79% 1.36% 0.63% 1.26% -0.30%

Best Monthly Return Since Inception

2.43% (April 2020)

Worst Monthly Return Since Inception

-2.46% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 3.39% 2.62% 2.17% 0.92% 1.68% 4.53% 6.24% -0.62% -4.55% 6.63%
Benchmark 3.01% 2.56% 0.90% 0.27% 1.89% 2.98% 5.17% -0.92% -3.98% 4.92%
Category Average 1.73% 0.55% 0.85% 0.42% 0.53% 2.93% 4.36% -0.83% -4.45% 4.84%
Quartile Ranking 1 1 2 2 2 1 1 2 3 1
Category Rank 17/ 145 11/ 165 51/ 178 59/ 183 58/ 203 21/ 218 12/ 228 91/ 234 150/ 248 28/ 261

Best Calendar Return (Last 10 years)

6.63% (2023)

Worst Calendar Return (Last 10 years)

-4.55% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 96.22
Cash and Equivalents 1.82
Canadian Government Bonds 0.91
Canadian Bonds - Other 0.69
Mortgages 0.37
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 98.12
Cash and Cash Equivalent 1.82
Financial Services 0.06

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Bank of Nova Scotia 2.95% 08-Mar-2027 1.02
Toronto-Dominion Bank 4.21% 09-Nov-2024 0.81
Toronto-Dominion Bank 4.68% 08-Jan-2029 0.79
Bank of Montreal 4.71% 07-Nov-2027 0.79
Bank of Montreal 3.19% 01-Mar-2028 0.77
Royal Bank of Canada 4.63% 01-May-2028 0.77
Bank of Montreal 4.31% 01-May-2027 0.75
Bank of Nova Scotia 1.85% 02-Nov-2026 0.69
Transcanada Pipelines Ltd 3.80% 05-Feb-2027 0.66
Toronto-Dominion Bank 5.38% 21-Oct-2027 0.65

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

iShares Core Canadian Short Term Corporate Bond Index ETF

Median

Other - Cdn Short Term Fixed Inc

3 Yr Annualized

Standard Deviation 3.32% 3.20% 2.48%
Beta 1.14% 1.18% 1.13%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.96% 0.81% 0.82%
Sharpe -0.22% 0.13% 0.39%
Sortino -0.12% -0.14% -0.24%
Treynor -0.01% 0.00% 0.01%
Tax Efficiency 51.56% 54.64% 51.30%
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.86% 3.32% 3.20% 2.48%
Beta 1.14% 1.14% 1.18% 1.13%
Alpha 0.01% 0.00% 0.00% 0.00%
Rsquared 0.98% 0.96% 0.81% 0.82%
Sharpe 1.78% -0.22% 0.13% 0.39%
Sortino 8.48% -0.12% -0.14% -0.24%
Treynor 0.04% -0.01% 0.00% 0.01%
Tax Efficiency 84.87% 51.56% 54.64% 51.30%

Fund Details

Start Date September 13, 2011
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,398

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

The fund seeks to provide income by replicating, to the extent possible, the performance of the FTSE Canada Universe + Maple Short Term Corporate Bond Index, net of expenses.

Investment Strategy

The investment strategy of XSH is to invest in a regularly rebalanced portfolio of bonds, selected by BlackRock Canada from time to time, that closely matches the characteristics of the Index.

Portfolio Manager(s)

Name Start Date
BlackRock Institutional Trust Company, N.A. 09-13-2011
BlackRock Asset Management Canada Limited 09-13-2011

Management and Organization

Fund Manager BlackRock Asset Management Canada Limited
Advisor BlackRock Asset Management Canada Limited
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.10%
Management Fee 0.09%
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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