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Global X Active U.S. Dividend ETF
DIVY (Global X Active U.S. Dividend ETF) is an active Canadian Dividend Equity ETF by Global X. With a 0.35% MER, it provides diversified exposure.
DIVY is actively managed by Global X's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.35% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.