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Innovator IBD 50 ETF
FFTY (Innovator IBD 50 ETF) is an active Commodities ETF by Innovator. With a 0.80% MER, it provides diversified exposure through 44 holdings. Annual distribution with a 1.41% yield.
FFTY is actively managed by Innovator's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.80% MER reflects the costs of a more specialized management approach.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).