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First Trust AlphaDEX U.S. Industrials Sector Index ETF
FHG (First Trust AlphaDEX U.S. Industrials Sector Index ETF) is an index Commodities ETF by First. With a 0.78% MER, it provides diversified exposure. Quarterly distribution with a 0.36% yield.
FHG by First is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.78% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.