TSX · CAD · ETF

iShares Canadian Value Index ETF (XCV.TO) ETF Analysis

XCV.TO

Expense ratio 0.55% Yield 2.34% Assets CA$236.79M Since November 6, 2006 Family BlackRock Asset Management Canada Ltd

Last Updated: October 22, 2026

CA$64.86

−CA$0.03 (−0.05%)

October 22, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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XCV.TO Annualized Returns

With dividends reinvested · as of October 22, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+39.41%	+39.41%	CA$139.41	CA$418.22
3 years	+136.03%	+33.15%	CA$236.03	CA$708.10
5 years	+144.59%	+19.59%	CA$244.59	CA$733.78
10 years	+265.83%	+13.85%	CA$365.83	CA$1,097.50

Returns are total returns computed from daily closes, with dividends reinvested. As of October 22, 2026.

XCV.TO Return by Calendar Year

2016 and 2026 are partial years

−11.06%+36.53%+28.21%

2016*2017201820192020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+28.21%
2025	+36.53%
2024	+21.41%
2023	+9.62%
2022	+1.98%
2021	+32.81%
2020	−2.43%
2019	+18.14%
2018	−11.06%
2017	+8.84%
2016 (partial year)	+2.44%

XCV.TO Monthly Returns

−21%+14%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+0.9	+6.8	+0.3	+6.4	+1.9	+5.5	+3.3	−2.7	−0.7	+3.9	—	—
2025	+3.1	−0.0	+0.8	−0.1	+4.4	+2.5	+1.2	+6.1	+5.8	+0.3	+4.8	+3.0
2024	−0.5	+1.7	+5.1	−1.5	+2.3	−2.1	+6.1	+2.3	+2.5	+2.1	+4.5	−2.4
2023	+7.5	−2.2	−3.5	+4.2	−6.6	+3.3	+4.0	−1.9	−2.2	−3.5	+7.5	+4.0
2022	+5.9	+2.4	+3.4	−3.4	+2.6	−11.3	+2.3	−1.2	−3.1	+5.8	+4.2	−4.2
2021	−0.6	+8.0	+5.0	+2.8	+5.2	−0.2	−1.7	+1.7	−0.4	+6.5	−2.1	+5.2
2020	−0.9	−7.3	−20.4	+11.9	−2.7	+3.3	+2.7	+4.2	−4.1	−1.2	+13.6	+3.0
2019	+7.5	+3.5	−0.4	+3.6	−4.8	+2.4	−0.2	−3.0	+6.6	−0.9	+3.1	+0.1
2018	−0.1	−3.5	−0.2	+2.4	+1.9	+0.4	+1.5	−0.4	−1.0	−7.1	+0.2	−5.3
2017	+0.7	+0.4	+1.3	−0.1	−2.4	−1.3	+1.7	−0.5	+4.0	+3.4	+1.1	+0.5

Monthly total returns with dividends reinvested; each cell prints its signed value.

XCV.TO Volatility & Risk

Volatility: 10 yrs · Beta: 3 yrs

Annualized volatility: 15.52%
Beta (3y): 0.80
Best year: +36.53%
Worst year: −11.06%

Volatility is the annualized standard deviation of daily returns. As of October 22, 2026.

Top Holdings

#	Symbol	Name	Weight
1	TD	The Toronto-Dominion Bank	10.19%
2	RY	Royal Bank of Canada	9.96%
3	BMO.TO	Bank of Montreal	6.6%
4	BNS.TO	Bank of Nova Scotia	6.25%
5	ENB.TO	Enbridge Inc	5.82%
6	CM.TO	Canadian Imperial Bank of Commerce	5.67%
7	CNQ.TO	Canadian Natural Resources Ltd	5.47%
8	SU.TO	Suncor Energy Inc	4.47%
9	BN.TO	Brookfield Corp Registered Shs -A- Limited Vtg	4.39%
10	MFC.TO	Manulife Financial Corp	3.99%

Analysis

Data-derived

Fund Overview

iShares Canadian Value Index ETF (XCV.TO) is an exchange-traded fund. BlackRock Asset Management Canada Ltd is the fund family on file. The inception date on file is November 6, 2006. The fund holds CA$236.79M in total net assets. The expense ratio is 0.55%. On a CA$10,000 position that is CA$55.00 a year.

The largest positions on file are The Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), and Bank of Montreal (BMO.TO). The Toronto-Dominion Bank alone accounts for 10.19% of the portfolio. The ten largest positions together make up 62.8% of the fund.

Performance Analysis

XCV.TO last closed at CA$64.86 on October 22, 2026. Over the trailing twelve months the total return is +39.41%. Across 10 years the annualized return works out at +13.85%. The trailing distribution yield is 2.34%.

Across the complete calendar years on file, 2025 returned +36.53% and 2018 returned −11.06%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the total return is +28.21%.

Price & Risk Profile

The 52-week range on file runs from CA$47.78 to CA$65.50. The latest close sits 35.75% above that 52-week low. Daily returns over the trailing 10 years annualize to a volatility of 15.52%. Beta against the wider market is reported at 0.8. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 22, 2026.

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