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VictoryShares Hedged Equity Income ETF
HEJD (VictoryShares Hedged Equity Income ETF) is an index US Dividend Equity ETF by VictoryShares. With a 0.55% MER, it provides diversified exposure through 193 holdings. Monthly distribution with a 4.35% yield.
HEJD by VictoryShares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.55% MER, its fees are in line with category averages. It pays a monthly distribution with a 4.35% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.