The iShares Core MSCI All Country World ex Canada Index ETF (TSE:XAW) is a compelling investment vehicle designed for those looking to gain diversified exposure across the global equity market, excluding Canada. This ETF is part of the Total Market category, focusing on Size and Style to offer a comprehensive representation of international markets in a broad-based niche.
XAW seeks to mirror the performance of the MSCI ACWI ex Canada Index, providing investors with access to a vast array of global equities spanning across both developed and emerging markets. With this fund, investors can achieve a well-rounded global portfolio by investing in over 8,000 stocks from more than 45 countries, capturing a wide spectrum of industries and sectors.
Primarily targeting those who wish to diversify their investments beyond the Canadian borders, XAW is ideal for investors aiming to mitigate country-specific risks while capitalizing on international growth opportunities. This ETF stands out for its ability to offer a strategic balance between large, mid, and small-cap stocks, ensuring that investors are not only tapping into established market leaders but also gaining exposure to up-and-coming companies with high growth potential.
The iShares Core MSCI ACWI ex Canada is particularly appealing for its cost-effectiveness and simplicity, making it a suitable choice for both seasoned investors and those new to the world of global investing. Whether you're looking to complement your existing Canadian-centric portfolio or start building a diversified international presence, XAW offers a robust, all-in-one solution to meet your investment goals.
iShr CoreMSCI AC Wex (XAW) Fund Flow Chart
iShr CoreMSCI AC Wex (XAW) 1 year Net Flows: C$176M