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iShares S&P/TSX Completion ETF XMD ETF Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See iShares Investment Hub

Morningstar’s Analysis XMD

Will XMD outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable XMD’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the XMD management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of XMD’s parent organization’s priorities and whether they’re in line with investors’ interests.

Incomplete capture of its category.

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

IShares S&P/TSX Completion ETF isn’t the best option in the Canadian small/mid-cap equity category. While investors might reach for this fund to complement their large-cap exposure to the S&P/TSX 60 Index, it does not fully capture the small- and mid-cap segment of the market.

by Lan Anh Tran
Rated on Published on

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