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Global X Equal Weight Global Healthcare Index ETF
MEDX (Global X Equal Weight Global Healthcare Index ETF) is an index Healthcare Equity ETF by Global X. With a 0.40% MER, it provides diversified exposure. Quarterly distribution with a 1.59% yield.
MEDX by Global X is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.40% MER, its fees are in line with category averages.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.