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TSE:XMY
This summary was created by AI, based on 1 opinions in the last 12 months.
The iShares MSCI Min Vol Global Index ETF (CAD-Hedged), symbol XMY-T, is recognized as a robust investment option that features a low management expense ratio (MER) of 0.45%. This ETF effectively tracks a global basket of lower volatility equities, making it an attractive choice for investors looking for stability in their portfolio. Currently, with the backdrop of a weakening US dollar, the ETF's focus on foreign equity holdings makes it particularly appealing. Analysts have recommended adjusting the stop-loss from $27 to $32, targeting a potential upside to $39.50, which implies a significant upside potential of 18%. Additionally, the ETF offers a yield of 1.7%, enhancing its attractiveness for income-seeking investors.
iShares MSCI Min Vol Global Index ETF (CAD-Hedged) is a Canadian stock, trading under the symbol XMY.TO (previously XMY-T on Stockchase) on the Toronto Stock Exchange (XMY-CT). It is usually referred to as TSX:XMY or XMY.TO
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on XMY.TO (previously XMY-T on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for iShares MSCI Min Vol Global Index ETF (CAD-Hedged).
iShares MSCI Min Vol Global Index ETF (CAD-Hedged) was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2024-11-07. Read the latest stock experts ratings for iShares MSCI Min Vol Global Index ETF (CAD-Hedged).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for iShares MSCI Min Vol Global Index ETF (CAD-Hedged).
iShares MSCI Min Vol Global Index ETF (CAD-Hedged) is covered by Stockchase experts and is worth watching.
On 2026-06-18, iShares MSCI Min Vol Global Index ETF (CAD-Hedged) (XMY.TO) stock closed at a price of $33.37.
We reiterate XMY, a low-MER (0.45%) ETF that tracks a global basket of holdings of lower volatility global equity thru the ACWI ETF. It acts as a great indicator for the overall market as a whole -- hedged and traded in Canadian dollars. A weaker US dollar continues to boost foreign equity holdings. We recommend trailing up the stop (from$27) to $32, looking to achieve $39.50 -- upside potential of 18%. Yield 1.7%