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iShares Global Tech ETF
IXN (iShares Global Tech ETF) is an index US Technology Equity ETF by iShares. With a 0.39% MER, it provides diversified exposure through 77 holdings. Semi-annual distribution with a 0.34% yield.
IXN by iShares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.39% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.