The iShares S&P/TSX Completion Index ETF (TSE:XMD) is a compelling investment vehicle designed to offer investors broad exposure to Canadian equities beyond the top-tier companies. As a Size and Style-focused ETF, it specifically targets the Extended Market segment, complementing core holdings by capturing the performance of mid-cap and small-cap stocks listed on the Toronto Stock Exchange. This ETF is particularly suitable for investors seeking to diversify their portfolio with a broader reach into Canada’s dynamic market landscape, beyond the traditional large-cap stocks.
By tracking the S&P/TSX Completion Index, the fund provides access to a diverse array of companies that represent the growth engine of the Canadian economy. This niche focus on the extended market allows investors to tap into the potential of emerging and developing companies that often demonstrate higher growth prospects. With iShr S&P/TSX Cmpletn, investors can enhance their portfolio's diversification and potentially benefit from the growth opportunities presented by these smaller but innovative and agile companies.
Whether you're aiming to balance your equity portfolio or looking to add a layer of growth-oriented Canadian stocks, the iShares S&P/TSX Completion Index ETF offers a strategic avenue to achieve these investment objectives, all while maintaining alignment with broad market trends.
iShr S&P/TSX Cmpletn (XMD) Fund Flow Chart
iShr S&P/TSX Cmpletn (XMD) 1 year Net Flows: C$16M
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.