The iShares Core MSCI All Country World ex Canada Index ETF (XAW) is an attractive option for investors seeking international diversification with a lower management expense ratio compared to its peers. Delivering a solid 1.32% dividend yield, XAW has achieved a remarkable 13.51% return over the past year and an impressive 64.77% over the last five years. This ETF provides exposure to 98% of the world's investable markets, making it an ideal choice for long-term portfolio growth and simplicity, especially within a TFSA.
Pros:
- International diversification
- Lower management expense ratio
Cons:
- Currency risk
- Dependence on global market performance
The iShares Core MSCI All Country World ex Canada Index ETF (XAW.TO) is suitable for investors looking for a cost-effective way to achieve broad international exposure while maintaining a focus on long-term growth. Its strong historical performance and reasonable dividend yield make it a compelling choice for those seeking to diversify their portfolios beyond Canadian markets.