iShares S&P/TSX Capped Information Technology Index ETF (TSX:XIT) - Stock Price, News & Analysis

XIT Stock Overview

iShares S&P/TSX Capped Information Technology Index ETF is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited.

About the company

XIT fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

iShares S&P/TSX Capped Information Technology Index ETF Competitors

Price History & Performance

Summary of all time highs, changes and price drops for iShares S&P/TSX Capped Information Technology Index ETF
Historical stock prices
Current Share Price	CA$51.87
52 Week High	CA$57.00
52 Week Low	CA$40.33
Beta	1.18
1 Month Change	-5.83%
3 Month Change	-3.75%
1 Year Change	26.85%
3 Year Change	12.83%
5 Year Change	124.25%
Change since IPO	394.00%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	XIT	CA Capital Markets	CA Market
7D	-1.9%	-1.8%	-2.1%
1Y	26.9%	19.5%	3.6%

Return vs Industry: XIT exceeded the Canadian Capital Markets industry which returned 20.3% over the past year.

Return vs Market: XIT exceeded the Canadian Market which returned 3.2% over the past year.

Price Volatility

Is XIT's price volatile compared to industry and market?
XIT volatility
XIT Average Weekly Movement	3.0%
Capital Markets Industry Average Movement	4.3%
Market Average Movement	9.2%
10% most volatile stocks in CA Market	18.4%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: XIT has not had significant price volatility in the past 3 months.

Volatility Over Time: XIT's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2001	n/a	n/a	www.blackrock.com/ca/individual/en/products/239841/ishares-sptsx-capped-information-technology-index-etf?locale=en_CA&siteEntryPassthrough=true

iShares S&P/TSX Capped Information Technology Index ETF is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited. The fund is co-managed by BlackRock Institutional Trust Company, N.A. The fund invests in public equity markets of Canada.

iShares S&P/TSX Capped Information Technology Index ETF Fundamentals Summary

How do iShares S&P/TSX Capped Information Technology Index ETF's earnings and revenue compare to its market cap?
XIT fundamental statistics
Market cap	CA$648.38m
Earnings (TTM)	CA$227.45m
Revenue (TTM)	CA$230.78m

2.9x

P/E Ratio

2.8x

P/S Ratio

Is XIT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XIT income statement (TTM)
Revenue	CA$230.78m
Cost of Revenue	CA$0
Gross Profit	CA$230.78m
Other Expenses	CA$3.33m
Earnings	CA$227.45m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	18.20
Gross Margin	100.00%
Net Profit Margin	98.56%
Debt/Equity Ratio	0%

How did XIT perform over the long term?

See historical performance and comparison