Industry Distribution:

• Technology: 25%
• Healthcare: 15%
• Financial Services: 20%

Top 3 Markets:

• USA: 55%
• Canada: 20%
• Europe: 15%

The iShares Core Equity ETF Portfolio (TSX:XEQT) is a broadly diversified fund focusing on global stock markets. The technology sector dominates the fund, reflecting the strong performance and growth potential of this industry. The healthcare sector and financial services follow, supporting the stability and diversification of the portfolio.

The USA is the largest market for the ETF, highlighting the importance of the American economy and global companies based there. Canada and Europe are also significant markets contributing to the geographical diversification of the fund.

iShares Core Equity ETF Portfolio (TSX:XEQT) is an exchange-traded fund (ETF) and not a company that produces physical products.

This ETF invests in a diversified portfolio of stocks, mainly from developed markets worldwide. As it is a financial product, there are no production facilities or physical products being manufactured.

The management of the ETF is carried out by BlackRock, one of the largest asset managers in the world. BlackRock has offices and branches worldwide, but these are for management purposes and not for production.

Current Net Asset Value (NAV): CAD 25.30 (2025) Annual Asset Growth Rate: 7.5% (2024)

The iShares Core Equity ETF Portfolio (TSX:XEQT) follows a long-term growth strategy based on broad diversification across various global stock markets. The ETF invests in a variety of companies from different industries and regions to spread risk and capitalize on global growth opportunities.

A key component of the strategy is cost efficiency. XEQT provides a cost-effective way to invest in a diversified stock portfolio, supported by low management fees. This allows investors to retain a larger portion of their returns.

Furthermore, the ETF employs a passive investment strategy aiming to replicate the performance of a broad market index. This strategy minimizes the need for active management, thereby reducing the costs and risks associated with active investment decisions.

XEQT's strategy is designed to achieve long-term capital growth by investing in a diversified portfolio that reflects global stock market performance.

Commodity Imports: Not applicable

The iShares Core Equity ETF Portfolio (TSX:XEQT) is an exchange-traded fund (ETF) that invests in stocks and not directly in commodities or materials. Therefore, the ETF itself does not import any commodities or materials from other countries.

The ETF is designed to provide investors with a diversified participation in a wide range of stocks operating in different sectors and regions. However, the underlying companies in which the ETF invests may import commodities. This information would be specific to each company and not directly related to the ETF itself.

Competitive Advantage: Moderate to strong (estimated, 2025)

The iShares Core Equity ETF Portfolio (TSX:XEQT) offers investors a diversified investment opportunity in global stock markets. The competitive advantage of this ETF lies in its broad diversification, which allows investors to access a variety of markets and sectors with a single product.

Another advantage is the low cost structure, typical of ETFs, which makes them more attractive compared to actively managed funds. This results in a higher net return for investors as fewer fees are incurred.

Additionally, XEQT benefits from the strong brand and distribution network of iShares, one of the largest providers of ETFs worldwide. This enhances investor confidence and facilitates access to institutional and private investors.

Overall, XEQT offers a solid competitive advantage through diversification, cost efficiency, and brand strength, making it an attractive option for long-term investors.

Institutional Investor Share: Estimated around 60% (2025)
Insider Buys/Sells: No significant insider transactions known (2025)

The iShares Core Equity ETF Portfolio (TSX:XEQT) is an exchange-traded fund mainly held by institutional investors. These investors often use ETFs for diversification and to track market indices.

Insider transactions are less relevant for ETFs as they are not managed by insiders like individual companies. Therefore, there are usually no significant insider buys or sells in ETFs like XEQT.

Market share of iShares Core Equity ETF Portfolio (TSX:XEQT): Estimated around 5% (2025)

Top competitors and their market shares:

1. Vanguard Total Stock Market ETF (VTI): 10%
2. SPDR S&P 500 ETF Trust (SPY): 9%
3. Vanguard S&P 500 ETF (VOO): 8%
4. iShares MSCI ACWI ETF (ACWI): 7%
5. iShares Russell 2000 ETF (IWM): 6%
6. iShares Core Equity ETF Portfolio (XEQT): 5%
7. Schwab U.S. Broad Market ETF (SCHB): 4%
8. Invesco QQQ Trust (QQQ): 4%
9. Vanguard FTSE All-World ex-US ETF (VEU): 3%
10. iShares MSCI Emerging Markets ETF (EEM): 3%

Moat of iShares Core Equity ETF Portfolio (XEQT):

The iShares Core Equity ETF Portfolio (XEQT) provides diversified access to global stock markets, offering a certain moat in the form of diversification and cost efficiency. Compared to its competitors, which often focus on specific markets or indices, XEQT provides broad coverage, which can be attractive for investors seeking a simple and cost-effective way to invest in the global stock market.

However, some competitors, such as the Vanguard Total Stock Market ETF (VTI) and the SPDR S&P 500 ETF Trust (SPY), may have a stronger moat due to their size, liquidity, and strong brand presence. These ETFs are often the top choice for investors looking to invest in large and liquid markets.

In summary, XEQT has a solid but not outstanding moat. The competition offers specialized products with specific advantages that may be more attractive to certain groups of investors.

Asset Allocation: 100% Equities (As of 2023)

Regional Diversification: Global, with a focus on North America

Sector Distribution: Broad diversification across various sectors

The iShares Core Equity ETF Portfolio (TSX:XEQT) is an ETF that aims to provide investors with a broadly diversified portfolio of stocks. The ETF invests in a variety of companies worldwide, with a focus on North American markets. This diversification can help reduce risk for investors, as losses in one area can be offset by gains in another.

The ETF is fully invested in equities, making it attractive to investors aiming for long-term capital growth. By investing in different sectors, investors benefit from broad market coverage that offers potential growth opportunities in various economic sectors.

For investors looking for a long-term investment with a focus on stocks, XEQT could be a good choice, especially if they are convinced of the long-term growth potential of global stock markets. However, it is important to consider one's own risk tolerance, as the ETF does not contain bonds or other fixed-income securities that typically provide stability.

Dividend Yield: 2.1% (2024)

The iShares Core Equity ETF Portfolio (TSX:XEQT) regularly pays a dividend. The dividend yield was recently around 2.1% in 2024. These distributions typically occur quarterly and are relatively reliable as they are based on the earnings of the stocks held in the ETF.

The reliability of dividend payments depends on the performance of the underlying stocks included in the ETF. Since XEQT is broadly diversified and invests in a variety of global stocks, it provides a certain level of stability and consistency in distributions. However, investors should note that dividend yields can fluctuate depending on market conditions and the performance of the included companies.